President Obama is expected to call for comprehensive trade and investment talks with the EU in his State of the Union speech tonight. An agreement that phases out tariffs, harmonizes product standards and reduces barriers to trade would have huge implications, far beyond economics.
President Obama's proposed cuts to national defense spending have critics in a panicked tizzy. But while the document outlining his plan suggests that real change is afoot, it clearly contradicts the outlandish claims of its detractors.
Just a day after Apple announced that CEO Steve Jobs was off on his third medical leave since 2004, the stock's already on the rebound. The company smashed its first-quarter earnings expectations, thanks to soaring Asia-Pacific sales.