Sonia Sotomayor, her family and friends are gathering at the Supreme Court for her swearing-in as the court’s first Hispanic, third woman and 111th justice. Chief Justice John Roberts is to preside Saturday at two ceremonies that will officially make Sotomayor a high court justice.
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The Senate’s top Republican said Supreme Court nominee Sonia Sotomayor fails the test of impartiality despite her impressive background, while the leading Democrat defended her as a mainstream moderate, as the Senate prepared to debate the judge expected to be confirmed as the first Hispanic and third female justice.
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President Barack Obama announced Tuesday he wants to keep Ben Bernanke on as Fed chairman, saying he shepherded America through the worst economic crisis since the Great Depression. “Ben approached a financial system on the verge of collapse with calm and wisdom; with bold action and out-of-the-box thinking that has helped put the brakes on our economic freefall,” said Obama, with Bernanke standing by his side. “Almost none of the decisions he or any of us made have been easy.”
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A year after edging dangerously close to free fall, there are signs the economy is regaining a foothold. But Americans’ sense of financial security is badly shaken and the nation confronts questions that defy quick or comfortable answers.
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The first state dinner of the Obama White House had it all: Oscar-winning entertainers, Hollywood moguls, a knockout guest chef and even a wardrobe malfunction.
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Wall Street rallied Friday in a delayed reaction to data showing a narrowing of job losses along with a rise in unemployment, offering hope that an economic recovery is on track.
The Dow Jones Industrial Average climbed 96.66 points (1.03 percent) to close at 9,441.27 in a second day of gains for the stock market.
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