Sanford AP
SC Gov. Sanford admits affair after going AWOL
AP – 19 mins ago
COLUMBIA, S.C. – After going AWOL for seven days, Gov. Mark Sanford admitted Wednesday that he had secretly flown to Argentina to visit a woman with whom he was having an affair. Wiping away tears, he apologized to his family and gave up a national Republican Party post, but was silent on whether he would resign. Ful
By Alistair Barr, MarketWatch
SAN FRANCISCO (MarketWatch) -- Berkshire Hathaway Chairman Warren Buffett told CNBC Wednesday that he has trouble seeing so-called green shoots of economic recovery in the U.S.
Buffett said he had cataract surgery on his left eye about a month ago. He thought that might help, but he said it didn't.
The risk of a collapse in the financial system has past, but "we haven't got the economy moving again," he explained.
Bernanke
WASHINGTON (MarketWatch) -- The U.S. economy just went through its worst two quarters in more than 60 years, as businesses reduced their investments at the fastest pace since the Depression, the Commerce Department reported Thursday as it revised its estimate for first-quarter gross domestic product.
Real GDP -- the measure of the value of goods and services produced in the economy -- fell at a 5.5% annual rate in the quarter after plunging at a 6.3% pace in the fourth quarter of 2008, the government said.
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