President-elect Barack Obama takes another step toward tackling the ailing U.S. economy on Wednesday as part of an aggressive effort to demonstrate that his administration will face the global financial crisis head-on.
In his third news conference this week, Obama will make an “economic announcement” at 10:45 a.m. EST, his transition office said, following a similar [...]

He may spend up to $500 billion on stimulus. Lobbyists are already angling for a piece of the action
Christmas in January?
It increasingly looks that way. For all the talk in recent weeks that Congress, the White House, and the incoming Administration might agree by late November on another extensive stimulus package, prospects are fading [...]

Barack Obama set foot for the first time in the Oval Office yesterday during a historic visit to the White House - a symbolic start to the two-month transfer of power from his host, President Bush.
The president-elect was joined by his wife, Michelle, who got a brief tutorial from First Lady Laura Bush on what [...]

Congratulations to Barack Obama, who handily won the 2008 U.S. presidential election. Who else won this week? Well the New York Times (NYT) ran an extra 50,000 copies to meet demand for its “Obama” newpapers, copies of which were going for over a hundred bucks on eBay (EBAY).

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To meet massive demand for today’s paper, the New York Times (NYT) will print another 50,000 copies for distribution at Grand Central Station, Penn Station, Port Authority Bus Terminal, and other “select locations,” a spokesperson tells MediaMemo’s Peter Kafka.
The company also saw record Web traffic yesterday — 55.1 million page views, beating its previous record [...]

Barack Obama rode a wave of voter discontent to a historic White House victory, promising change as the first black U.S. president but facing enormous challenges from a deep economic crisis and two lingering wars.
Obama led Democrats to a sweeping victory that expanded their majorities in both houses of Congress as Americans emphatically rejected President [...]

The Illinois senator built his decisive win on three leadership principles: a clear vision, clean execution, and friends in high places
This column is not about why John McCain should have won. The election is over. And while we believe John McCain is a great American whose economic platform made better sense for business, especially [...]

From an economic summit to a Detroit bailout, Obama or McCain will have to jump right on the U.S. economic crisis.
The winner on Tuesday, Nov. 4, won’t get much of a chance to rest on his laurels—or rest at all, for that matter. The calendar may show 11 weeks until Inauguration Day, but the President-elect [...]

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