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US economy grew at a rate of 5 percent in third quarter, fastest in more than decade

Thursday, 25 December 2014 23:12
WASHINGTON — The U.S. economy is growing at an increasingly rapid pace, government data released Tuesday shows, raising hopes that a slow-going American recovery is transforming into a far more robust expansion. The 5 percent annualized growth reported Tuesday — for the three-month period ending in September — has led some analysts to believe that the U.S. economy could expand next year at a clip reminiscent of the booming late 1990s. But while that period…
​On Christmas, President Obama marks end of Afghan combat
Thursday, 25 December 2014 23:12
KANEOHE BAY, Hawaii -- President Barack Obama marked the end of more than a decade of combat in Afghanistan by paying tribute to America's military, telling troops on Christmas Day that their sacrifices have allowed for a more peaceful, prosperous world to emerge out of the ashes of 9/11. At an oceanfront Marine Corps base in Hawaii, Mr. Obama told troops that while tough challenges remain for the U.S. military in hotspots like Iraq and…
Capacity crowds pack screenings of 'The Interview'
Thursday, 25 December 2014 22:11
NEW YORK (AP) — Critics and early viewers agree that "The Interview" is less than a masterpiece. But thanks to threats from hackers that nearly derailed its release, it has become an event. Hundreds of theaters Thursday, from The Edge 8 in Greenville, Alabama, to Michael Moore's Bijou by the Bay in Traverse City, Michigan, made special holiday arrangements for the Seth Rogen-James Franco comedy depicting the assassination of North Korean leader Kim Jong Un.
Former President George H.W. Bush won't be home for Christmas
Thursday, 25 December 2014 21:09
HOUSTON -- Former President George H.W. Bush will remain hospitalized through Christmas Day after experiencing shortness of breath two days ago. Bush family spokesman Jim McGrath said Thursday that the oldest living former American president is "still doing well." "President Bush had another terrific day and is in great spirits," McGrath said. "He was visited by Mrs. Bush and his son Neil and daughter-in-law Maria Bush." Mr. Bush, 90, will remain at Houston Methodist Hospital…
Two more NY men arrested for threatening police
Thursday, 25 December 2014 19:07
(Reuters) - Two more men have been arrested for threatening New York police, including one who called the precinct headquarters of two officers killed as they sat in their patrol car and asked to speak to one of them, a police spokesman said on Thursday. The arrests bring to six the number of those detained for threats against the New York Police Department since officers Rafael Ramos and Wenjian Liu were shot on Saturday by…
Can GOP shatter 'Obama coalition' in 2016?
Thursday, 25 December 2014 18:06
ATLANTA (AP) — Republicans crowed in 2004 that freshly re-elected President George W. Bush had established a "permanent governing majority" for the GOP. Eight years later, Democrats were touting the enduring power of the "Obama coalition" to keep their party in the White House. But Democrats couldn't sustain that coalition for this year's midterm elections, leading to Republican gains in Congress, governorships and state legislatures nationwide. "The notion of demographics as destiny is overblown," said…
Obama family celebrates Christmas in Hawaii
Thursday, 25 December 2014 17:05
The Obama family spent their sixth annual Christmas on vacation in Hawaii with presents, carols and a focus on thanking members of the military. On Christmas Eve, the president made phone calls to service members from each branch of the military who are currently stationed around the globe to express gratitude for their service. On the afternoon of Christmas Day, he and first lady Michelle Obama planned to visit members of the military and their…
Asia remembers devastating 2004 tsunami with prayers, memorial services
Thursday, 25 December 2014 16:05
By Gayatri Suroyo BANDA ACEH, Indonesia (Reuters) - Survivors of Asia's 2004 tsunami and relatives of its 226,000 victims gather along shorelines of the Indian Ocean on Friday for prayers and memorial services to mark the 10th anniversary of a disaster that still leaves an indelible mark on the region. When a 9.15-magnitude quake opened a faultline deep beneath the ocean a decade ago on Dec. 26, it triggered a wave as high as 17.4…
Former President George H.W. Bush spends Christmas in hospital
Thursday, 25 December 2014 15:04
AUSTIN, Texas (Reuters) - Former U.S. President George H.W. Bush, 90, remained hospitalized near his home in Houston on Wednesday as a precaution after experiencing shortness of breath, a spokesman for the 41st president said. "President Bush had a good day and his prognosis remains positive," spokesman Jim McGrath said in a brief statement issued Wednesday evening, a day after Bush was admitted to Houston Methodist Hospital. McGrath added that Bush would remain at the…
White House Chef Sam Kass preparing to hang up his apron
Thursday, 25 December 2014 14:04
WASHINGTON -- Political advisers, chiefs of staff, press secretaries and national security advisers have come and gone in the nearly six years Barack Obama has been president. Now, the White House chef is also waving goodbye. Sam Kass has been a fixture at the executive mansion, serving up nutrition policy as well as meals for Obama, his wife, Michelle, and daughters Malia and Sasha. He was not only their personal chef but also senior adviser…

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