Word: wednesday
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...report, released on Wednesday by the Center for Audit Quality in Washington, is based on a late-summer survey of 1,000 individual investors who had at least $10,000 invested in the market. A majority of investors - 73% of those surveyed - have either some, quite a bit, or a great deal of confidence in the capital markets. That's up from 70% from a year ago, but still below confidence levels of 84% in 2007. (See 10 things to buy during the recession...
Across the country, state governments are grappling with how to sharply trim budgets amid the worst recession in decades. But nowhere is that debate more intense than in Michigan, where officials are scrambling to close a $2.8 billion deficit and avert a government shutdown at midnight on Wednesday...
Managing Michigan's crisis is the state's governor, Jennifer M. Granholm. Talking recently with TIME in the parlor of her second-floor office in the state's capitol building, Granholm said that preventing a government shutdown before midnight Wednesday, the end of the state's fiscal year, "is going to require a level of cuts that people have not had before...
...budget deal is not reached by midnight Wednesday, the governor has indicated she will sign a temporary budget that will give officials another 30 days to resolve differences. "No one wants to see a shutdown," Granholm said. "People want to see this resolved...
After last year's war between Russia and Georgia, which left at least 250 people dead and parts of Georgia in ruin, each country was eager to point the finger of blame at the other for starting the conflict. On Wednesday, an independent investigating team issued a highly anticipated report saying that neither country can escape fault...