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US economy is growing once again  The economy grew at an annual pace of 3.5% between July and September, its first expansion in more than a year
Obama signs financial reform law US financial reform passed by Senate. U.S. Senate US Congress set to grill BP chief. U.S. Congress Obama in national address on oil US toughens talk over Gulf spill Deepwater Horizon preventer 'faulty'. House of Representatives Lawmakers grilled Toyota's president. House of Representatives Obama pushes new bank regulation US jobless rate rises to over 10%
Jul. 21
Jul. 15
Jun.16
Jun.15
May.24
May.12
Feb.24
Jan.21


year 2009
... more >
Nov.6
  US Labor Department: The unemployment rate in the US rose to 10.2% in October, which was its highest rate since April 1983
Oct.29


Washington, Business Major Events in 21st Century

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Bernanke uncertain on US economy   Obama signs financial reform law   President Barack Obama has signed into law the biggest overhaul of American financial regulation in decades US financial reform passed by Senate  U.S. Senate: The Senate has given final approval to the biggest overhaul of American financial regulation in decades US Gulf oil drilling ban overturned BP CEO Hayward criticised for yacht trip Congress tells BP ignored oil well dangers. U.S. Congress   US Congress set to grill BP chief  U.S. Congress: Tony Hayward is set to face a grilling, a day after the oil firm agreed a $20bn compensation fund for victims of the Gulf of Mexico oil spill BP to fund $20bn oil spill payout   Obama in national address on oil   US President has made his first national address from the Oval Office to outline his response to the Gulf of Mexico oil spill US oil firms 'not ready' for leak. U.S. Congress US urges quicker BP oil strategy Too soon to be 'pleased' with BP progress Feds tell BP to cut use of oil dispersants   US toughens talk over Gulf spill  The government has toughened its rhetoric towards BP as frustration builds about the company's inability to plug a leaking oil well Senate approves reforms of Wall Street. U.S. Senate Obama to set up oil spill panel Obama: No more cosying up to oil industry   Deepwater Horizon preventer 'faulty'  House of Representatives: Congressional investigators believe the device meant to stop oil leaking from a Gulf of Mexico well after last month's rig explosion was fau... Oil firms 'set for Senate clash'. U.S. Senate Lawmakers grilled Toyota's president  House of Representatives: Toyota's president, Akio Toyoda, acknowledged that the company had made mistakes and apologized for the recent lapses in quality control   Obama pushes new bank regulation   US President has proposed significant new curbs on the activities of banks to try to prevent future financial crises, include limits to the size... US jobless rate rises to over 10%


July 2010 ... more > Top ^
Jul. 21
Jul. 15


June 2010 ... more > Top ^
Jun.22
Jun.19
 Obama hails China currency move
Jun.17
Jun.16
Jun.15
Jun.14  Obama calls for clean-energy push
Jun.12
 China export surge stirs U.S. anger
Jun.6
Jun.1  US begins criminal probe of spill


May 2010 ... more > Top ^
May.24
May.23  Clinton presses China on business access
May.20
May.17
May.14
May.12
May.10


April 2010 ... more > Top ^
Apr.30  Pressure mounts on BP to tackle slick
Apr.28  Republicans allow financial reform debate
Apr.27  Goldman Sachs' under fire at hearing
Apr.24  US urges quick action on Greece at IMF
Apr.23  G20: Economy is emerging from recession faster than expected


February 2010 ... more > Top ^
Feb.25  Healthcare summit fails to reach accord
Feb.24
Feb.23  Electronics cited as Toyota problem
Feb.22  Obama pushes to revive healthcare reform
Feb.16  US to build two nuclear power stations
Feb.4  US to probe Toyota Prius brake problems
Feb.3  Obama to pressure China on trade


January 2010 ... more > Top ^
Jan.21


year 2009 Top ^



December 2009 ... more > Top ^
Dec.14  Obama tells US banks to lend more


November 2009 ... more > Top ^
Nov.21  Healthcare bill passes first Senate hurdle
Nov.6
  US Labor Department: The unemployment rate in the US rose to 10.2% in October, which was its highest rate since April 1983


October 2009 ... more > Top ^
Oct.29 US economy is growing once again
  The economy grew at an annual pace of 3.5% between July and September, its first expansion in more than a year.    Some economists think there could be further setbacks. The growth was helped b...
Oct.21  Plans bailout firm bonus cut Oct.13 Senate panel passes health bill. U.S. Senate

September 2009 ... more > Top ^
Sep.14 Obama issues warning to bankers Sep.9   Obama urges action on healthcare   U.S. Congress: US President has made one of the most critical speeches of his presidency, as he faced Congress over his plans for healthcare reform

August 2009 ... more > Top ^
Aug.25 US deficit to soar towards $1.6tn
Aug.16  Obama may soften healthcare plan

July 2009 ... more > Top ^
Jul.28  US and China 'committed to trade' Jul.27  China-US economic talks kick off Jul.22 Obama defends health care reforms


June 2009 ... more > Top ^


May 2009 ... more > Top ^
May.31  Treasury sec. to meet with China leaders

April 2009 ... more > Top ^
Apr.24  G7 offers hope crisis is easing Apr.22  Freddie Mac chief found dead Apr.14  Obama suggests recession easing

March 2009 ... more > Top ^
Mar.30  Obama gets tough with carmakers Mar.26  US plans to rein in Wall Street Mar.24  Obama pledges economic recovery  Obama calls global economic cooperation  Fed wanted to block AIG bonuses Mar.23 US unveils $1tn toxic asset plan Mar.19  US lawmakers vote for bonus tax Mar.18   Fed pumps $1.2tn into US economy  The Federal Reserve will buy almost $1.2 trillion worth of debt to help boost lending and promote economic recovery Mar.17  US Treasury 'to reclaim AIG cash' Mar.16  Obama anger at AIG bonus payouts

February 2009 ... more > Top ^
Feb.21  Obama hails 'fastest' US tax cut Feb.18     Obama's housing plan 'to help 9m'  The plan will provide refinancing to 4 to 5 million 'responsible homeowners' and a 'homeowner stability initiative' to reduce monthly paymen... Feb.13  US House approves stimulus plan Feb.11 US lawmakers reach stimulus deal
. U.S. Congress Feb.6  US senators agree economy bill Feb.4  Senate eases 'trade war' bill Feb.2  Obama predicts more bank failures

January 2009 ... more > Top ^
Jan.28 US House passes economic package  House of Representatives: The House of Representatives has passed by 244 votes to 188 President Obama's $825bn economic stimulus package Jan.20  Economy and war on Obama's agenda Jan.5  Obama says US economy 'very sick'

year 2008 Top ^

Dec.19  Obama urges carmakers to 'reform'  Bush unveils $17.4bn car bail-out Dec.16  Madoff grilling for US watchdog Dec.15  Obama picks Nobel man for Energy Dec.11  US car bail-out fails in Senate Nov.25   US Fed announces $800bn stimulus  The Federal Reserve is to inject another $800bn into the US economy in a further effort to stabilise the financial system Nov.23  Citigroup secures U.S. government lifeline Nov.18 US car firms ask for $25bn aid
  U.S. Congress: The bosses of Ford, GM and Chrysler, have asked Congress for a $25bn bail-out and warned of broader risks to the US economy
 The United Auto Workers is willing to make key concessions to help the Detroit Three carmakers secure vital aid US House backs car industry plan White House cool on car bail-out US car bail-out fails in Senate
Nov.15 Summit pledge to 'restore growth'
  Global leaders at the G20 financial summit have pledged to work together to restore global growth.    The leaders were determined to work together to achie...
 New trade deal by 'end of year' Nov.14 World leaders grapple with crisis Nov.12  Car wrangle looms in US bail-out Nov.7  US jobless rate at 14-year high Oct.29  Treasury spends $125 billion on 9 banks Oct.10  G7 nations pledge to fight crisis Oct.8 World's central banks slash interest rates. London Oct.3 House backs $700bn bail-out plan
  House of Representatives: The House of Representatives has passed by 263-171 vote a government plan to rescue the US financial sector.    The package is to buy the bad debts of failing financial institutions on Wall Street. The vote was the second in a week, following ...
Oct.1  Senate backs new bail-out bill Sep.29 $700 billion bailout package failed. House of Representatives Sep.28  US lawmakers publish rescue deal Sep.26  Bailout talks implode Sep.25  US rivals in economy crisis talks Sep.24  Bush: Bail-out 'vital to easing crisis' Sep.19   Bush hails financial rescue plan
  President George W Bush : The US is set to take 'unprecedented measures' to tackle the crisis gripping US financial markets Sep.16  US government rescues insurer AIG Sep.7 US takes over key mortgage firms
  US financial officials have outlined plans for the government to take over Freddie Mac and Fannie Mae, the largest bail-outs in US history Aug.5 Iraq's projected $80b surplus stirs anger  U.S. Congress: U.S. auditors: Iraq is raking in more money from oil exports than it is spending, amassing a projected 4-year budget surplus of up to $80 bi... Jul.23 US lawmakers pass housing rescue  House of Representatives: The House of Representatives has passed a massive housing rescue bill that could help struggling homeowners get cheaper loans Jul.16  US inflation rate at 26-year high Jun.18   Bush calls for offshore drilling  President George W Bush has called on Congress to end a 27-year ban on drilling for oil in coastal waters, to reduce dependence on imports May.1  Bush offers $770m for food crisis Mar.18 Federal Reserve slashes rates by 0.75 Jan.28 Bush addresses US economy fears. U.S. Congress Jan.24 Deal reached on US economic plan. U.S. Congress Jan.22  Fed slashes rates in shock move

year 2007 Top ^

Dec.12  Central banks act on credit fears Aug.10  Central banks pour money into system

year 2006 Top ^

Dec.28  US body backs sale of cloned food

year 2005 Top ^

Sep.7  Bush seeks $50bn hurricane relief Jun.27  File-sharing suffers major defeat Mar.16  Wolfowitz to run World Bank

year 2003 Top ^

Sep.7 Bush to ask 87 billions more for Iraq Aug.27  Bremer: Iraq effort to cost tens of billions

year 2002 Top ^

Jul.8  Bush wants new laws on corporate abuse

year 2001 Top ^

Nov.2  Microsoft reaches anti-trust deal

year 2000 Top ^

Apr.4 Microsoft loses antitrust suit


  Obama signs financial reform law  President Barack Obama has signed into law the biggest overhaul of American financial regulation in decades US financial reform passed by Senate  U.S. Senate: The Senate has given final approval to the biggest overhaul of American financial regulation in decades Senate approves reforms of Wall Street. U.S. Senate   Obama pushes new bank regulation   US President has proposed significant new curbs on the activities of banks to try to prevent future financial crises, include limits to the size... Obama issues warning to bankers US unveils $1tn toxic asset plan US Fed announces $800bn stimulus  The Federal Reserve is to inject another $800bn into the US economy in a further effort to stabilise the financial system World leaders grapple with crisis World's central banks slash interest rates. London House backs $700bn bail-out plan




Washington, Business Financial Timeline ... See World Financial timeline Top ^
2010
Jul. 21
Jul. 15
Jun.19  Obama hails China currency move
May.20
Apr.28  Republicans allow financial reform debate
Apr.27  Goldman Sachs' under fire at hearing
Apr.24  US urges quick action on Greece at IMF
Jan.21
2009
Dec.14  Obama tells US banks to lend more
Sep.14
Mar.26  US plans to rein in Wall Street
Mar.23
Mar.19  US lawmakers vote for bonus tax
Feb.21  Obama hails 'fastest' US tax cut
Feb.2  Obama predicts more bank failures
2008
Dec.16  Madoff grilling for US watchdog
Nov.25
Nov.23  Citigroup secures U.S. government lifeline
Nov.14
Oct.29  Treasury spends $125 billion on 9 banks
Oct.10  G7 nations pledge to fight crisis
Oct.8
Oct.3
  House of Representatives: The House of Representatives has passed by 263-171 vote a government plan to rescue the US financial sector.    The package is to buy the bad debts of failing financial institutions on Wall Street. The vote was the second in a week, following ...
Oct.1  Senate backs new bail-out bill Sep.29 $700 billion bailout package failed
. House of Representatives Sep.28  US lawmakers publish rescue deal Sep.26  Bailout talks implode Sep.24  Bush: Bail-out 'vital to easing crisis' Sep.19   Bush hails financial rescue plan
  President George W Bush : The US is set to take 'unprecedented measures' to tackle the crisis gripping US financial markets Sep.7 US takes over key mortgage firms
  US financial officials have outlined plans for the government to take over Freddie Mac and Fannie Mae, the largest bail-outs in US history Aug.5 Iraq's projected $80b surplus stirs anger  U.S. Congress: U.S. auditors: Iraq is raking in more money from oil exports than it is spending, amassing a projected 4-year budget surplus of up to $80 bi... Jul.16  US inflation rate at 26-year high Mar.18 Federal Reserve slashes rates by 0.75 2007 Dec.12  Central banks act on credit fears Aug.10  Central banks pour money into system 2005 Sep.7  Bush seeks $50bn hurricane relief 2003 Sep.7 Bush to ask 87 billions more for Iraq Aug.27  Bremer: Iraq effort to cost tens of billions



Washington, Business Food Timeline ... See World Food timeline Top ^
2008 May.1  Bush offers $770m for food crisis 2006 Dec.28  US body backs sale of cloned food



Washington, Business Automobile Business Timeline ... See World Automobile Business timeline Top ^
2010 Feb.24 Lawmakers grilled Toyota's president
  House of Representatives: Toyota's president, Akio Toyoda, acknowledged that the company had made mistakes and apologized for the recent lapses in quality control Feb.23  Electronics cited as Toyota problem Feb.4  US to probe Toyota Prius brake problems 2009 Mar.30  Obama gets tough with carmakers 2008 Dec.19  Obama urges carmakers to 'reform' Dec.19  Bush unveils $17.4bn car bail-out Dec.11  US car bail-out fails in Senate Nov.18 US car firms ask for $25bn aid
  U.S. Congress: The bosses of Ford, GM and Chrysler, have asked Congress for a $25bn bail-out and warned of broader risks to the US economy
 The United Auto Workers is willing to make key concessions to help the Detroit Three carmakers secure vital aid US House backs car industry plan White House cool on car bail-out US car bail-out fails in Senate
Nov.12  Car wrangle looms in US bail-out



Washington, Business Healthcare Timeline ... See World Healthcare timeline Top ^
2010 Feb.25  Healthcare summit fails to reach accord Feb.22  Obama pushes to revive healthcare reform 2009 Nov.21  Healthcare bill passes first Senate hurdle Oct.13 Senate panel passes health bill. U.S. Senate Sep.9   Obama urges action on healthcare   U.S. Congress: US President has made one of the most critical speeches of his presidency, as he faced Congress over his plans for healthcare reform Aug.16  Obama may soften healthcare plan Jul.22 Obama defends health care reforms



Washington, Business Stocks Timeline ... See World Stocks timeline Top ^
2008 Jan.22  Fed slashes rates in shock move



Washington, Business Job Cut Timeline ... See World Job Cut timeline Top ^
2009 Nov.6 US jobless rate rises to over 10%
  US Labor Department: The unemployment rate in the US rose to 10.2% in October, which was its highest rate since April 1983
2008 Nov.7  US jobless rate at 14-year high



Washington, Business Bankruptcy Timeline ... See World Bankruptcy timeline Top ^
2008 Sep.16  US government rescues insurer AIG



Washington, Business High Tech Timeline ... See World High Tech timeline Top ^
2005 Jun.27  File-sharing suffers major defeat 2001 Nov.2  Microsoft reaches anti-trust deal



Washington, Business Lawsuit Timeline ... See World Lawsuit timeline Top ^
2000 Apr.4 Microsoft loses antitrust suit



Washington, Business Business Leaders Timeline ... See World Business Leaders timeline Top ^
2010 Jun.19 BP CEO Hayward criticised for yacht trip
2009 Oct.21  Plans bailout firm bonus cut Apr.24  G7 offers hope crisis is easing Apr.22  Freddie Mac chief found dead Mar.24  Fed wanted to block AIG bonuses Mar.16  Obama anger at AIG bonus payouts 2005 Mar.16  Wolfowitz to run World Bank 2002 Jul.8  Bush wants new laws on corporate abuse



Washington, Business Real Estate Timeline ... See World Real Estate timeline Top ^
2009 Feb.18   Obama's housing plan 'to help 9m'  The plan will provide refinancing to 4 to 5 million 'responsible homeowners' and a 'homeowner stability initiative' to reduce monthly paymen... 2008 Jul.23 US lawmakers pass housing rescue  House of Representatives: The House of Representatives has passed a massive housing rescue bill that could help struggling homeowners get cheaper loans



Washington, Business Good Economic News Timeline ... See World Good Economic News timeline Top ^
2009 Apr.14  Obama suggests recession easing Mar.24  Obama pledges economic recovery 2008 Jan.24 Deal reached on US economic plan
. U.S. Congress



Washington, Business Macroeconomics Timeline ... See World Macroeconomics timeline Top ^
2010 Jul. 21 Bernanke uncertain on US economy
Apr.23  G20: Economy is emerging from recession faster than expected 2009 Oct.29 US economy is growing once again
  The economy grew at an annual pace of 3.5% between July and September, its first expansion in more than a year.    Some economists think there could be further setbacks. The growth was helped b...
Aug.25 US deficit to soar towards $1.6tn Mar.24  Obama calls global economic cooperation Mar.18 Fed pumps $1.2tn into US economy  The Federal Reserve will buy almost $1.2 trillion worth of debt to help boost lending and promote economic recovery Feb.13  US House approves stimulus plan Feb.11 US lawmakers reach stimulus deal. U.S. Congress Feb.6  US senators agree economy bill Jan.28 US House passes economic package  House of Representatives: The House of Representatives has passed by 244 votes to 188 President Obama's $825bn economic stimulus package Jan.20  Economy and war on Obama's agenda Jan.5  Obama says US economy 'very sick' 2008 Nov.15 Summit pledge to 'restore growth'
  Global leaders at the G20 financial summit have pledged to work together to restore global growth.    The leaders were determined to work together to achie...
Sep.25  US rivals in economy crisis talks



Washington, Business Trade Timeline ... See World Trade timeline Top ^
2010 Jun.10  China export surge stirs U.S. anger May.23  Clinton presses China on business access Feb.3  Obama to pressure China on trade 2009 Jul.28  US and China 'committed to trade' Jul.27  China-US economic talks kick off Feb.4  Senate eases 'trade war' bill 2008 Nov.15  New trade deal by 'end of year'



Washington, Business Energy Timeline ... See World Energy timeline Top ^
2010 Jun.14  Obama calls for clean-energy push Feb.16  US to build two nuclear power stations 2008 Dec.15  Obama picks Nobel man for Energy



Washington, Business Oil Timeline ... See World Oil timeline Top ^
2010 Jun.22 US Gulf oil drilling ban overturned Jun.17 Congress tells BP ignored oil well dangers. U.S. Congress Jun.16   US Congress set to grill BP chief  U.S. Congress: Tony Hayward is set to face a grilling, a day after the oil firm agreed a $20bn compensation fund for victims of the Gulf of Mexico oil spill Jun.16 BP to fund $20bn oil spill payout Jun.15   Obama in national address on oil   US President has made his first national address from the Oval Office to outline his response to the Gulf of Mexico oil spill Jun.15 US oil firms 'not ready' for leak. U.S. Congress Jun.12 US urges quicker BP oil strategy Jun.6 Too soon to be 'pleased' with BP progress Jun.1  US begins criminal probe of spill May.24 Feds tell BP to cut use of oil dispersants May.24   US toughens talk over Gulf spill  The government has toughened its rhetoric towards BP as frustration builds about the company's inability to plug a leaking oil well May.17 Obama to set up oil spill panel May.14 Obama: No more cosying up to oil industry May.12   Deepwater Horizon preventer 'faulty'  House of Representatives: Congressional investigators believe the device meant to stop oil leaking from a Gulf of Mexico well after last month's rig explosion was fau... May.10 Oil firms 'set for Senate clash'. U.S. Senate Apr.30  Pressure mounts on BP to tackle slick 2008 Jun.18   Bush calls for offshore drilling  President George W Bush has called on Congress to end a 27-year ban on drilling for oil in coastal waters, to reduce dependence on imports