Obama taps Sotomayor for Supreme Court
Would be the first Hispanic justice on the court
President Barack Obama this morning nominated federal appellate Judge Sonia Sotomayor to replace Justice David Souter on the U.S. Supreme Court.
If confirmed, Sotomayor would be the first Hispanic justice on the court. She would also be the third female justice.
The 54-year-old graduated from Princeton University and Yale Law School after growing up in a housing project in the Bronx. She was selected as a federal trial judge by President George Bush in 1992, and President Bill Clinton promoted her to the 2nd U.S. Circuit Court of Appeals in New York in 1998.
|Energy prices -- New York close|
|Wed.||Tues.||Chg.||Month chg.||YTD chg.|
|Crude oil (NYMEX) (per barrel)||$58.02||$58.85||($0.83)||13.50%||30.09%|
|Heating oil (per gallon)||$1.49||$1.51||($0.02)||13.33%||6.00%|
|Natural gas (per million BTU)||$4.33||$4.45||($0.12)||28.46%||-22.93%|
|Unleaded gasoline (per gallon)||$1.69||$1.67||$0.02||14.56%||67.51%|
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[BRIEFING.COM] The S&P 500 has ticked up off its low, but continues to hold a loss of 0.4%.
The Federal Reserve released its Beige Book for December, but the report did not contain any bombshells. The report described the economy as 'expanding at a modest to moderate pace' while manufacturing activity also continued to expand. The Beige Book identified motor-vehicle and high-technology industries as areas experiencing strongest growth.
Also of note, the report said that ... More
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