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New York Mayor Michael R. Bloomberg and Police Commissioner Raymond W. Kelly announced that New York City remains the safest big city in the United States, according to the FBI’s Crime in the United States, the preliminary Uniform Crime Report for 2008.
United States Federal Reserve chairman Ben Bernanke warned Wednesday that the US spending spree now threatens the country's financial stability, amid growing questions over whether governments and central banks around the world have gone too far.
Ford, the only one of the Big Three US carmakers not to have gone bankrupt, has reported its share of the US market in May was its highest since 2006.
Shock waves of the financial crisis and its impact on the real economy have reached the United States Dow Jones Industrial Average which announced Monday the replacing of two iconic shares from its thirty blue chips index, announced Dow Jones & Company.
Car giant General Motors (GM) has filed for bankruptcy protection, marking the biggest failure of an industrial company in US history. The widely expected move comes after GM had seen its losses widen following a steep fall in sales in recent years.
Cuba has agreed to resume talks with the United States over migration and mail service between the two countries, two senior US State Department officials said on Sunday.
The US economy shrank at an annual pace of 5.7% in the first quarter, a less severe drop than initially reported but still the second-biggest quarterly decline in 27 years, according to the US Commerce Department.
In the coming weeks, Dr. Thomas A. Shannon, who protected a rational regional policy from the ideological knives of the Bush administration, will step down as Assistant Secretary of State for Western Hemisphere Affairs. By that time, President Obama’s pick for the job, Georgetown University Professor Arturo Valenzuela, will be confirmed by the Senate.
Twenty-nine countries at the World Trade Organization criticized the United States on Wednesday for reintroducing export subsidies on US dairy products, calling the handouts a dangerous retreat into protectionism and warning of subsidy wars.
President Barack Obama has nominated Sonia Sotomayor to serve on the country's Supreme Court. Ms Sotomayor, 54, who has now to be approved by a Senate vote, would be the first Hispanic to take the position.