In so many ways, Jan. 20, 2009, was a frightful day to be taking the oath of office.
The U.S. economy was in free fall as Barack Obama rose to deliver his inaugural address. "We are in the midst of crisis," he said. "Homes have been lost, jobs shed, businesses shuttered."
Exactly six years later, Obama is returning to Capitol Hill to deliver a State of the Union address at 9 p.m. EST. He is expected to highlight the economic progress that has been made since that frigid Day One — and call for more changes.
The Internal Revenue Service on Tuesday began accepting tax returns electronically, and paper returns will begin to be processed at the same time. In a statement, the IRS reminded taxpayers that filing electronically is the most accurate way to file a tax return and the fastest way to get a refund.
Originally published on Tue January 20, 2015 7:58 am
With the European economy barely growing, leaders there are worried about deflation. To boost growth and stabilize prices, the European Central Bank is expected to take a bold step at its Thursday meeting.
It would start buying up government bonds on a huge scale — just as the Federal Reserve did here beginning in 2007. The hope is that it would pump enough cash into the economy to get it moving.
This effort, known as quantitative easing, would impact the U.S. economy, too — especially in the Southeast.
About a third of all Chipotle restaurants are not serving carnitas at the moment, because the restaurant chain has suspended one of its major pork suppliers.
The restaurant chain has declined to identify the supplier and the exact reasons for the suspension. In its official statements, Chipotle said only that the supplier was not in compliance with the company's animal welfare standards.
But when David Maren heard the news, he had a pretty good idea what the problem was.