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Venezuelan President Hugo Chavez speaks to the media as he stands next to the U.S. actor Sean Penn after their meeting at Miraflores Palace in Caracas

Actor Sean Penn Worked to Get Americans from Iran

U.S. actor Sean Penn engaged in attempts to secure the release of two Americans freed by Iran this week, flying to Venezuela to ask President Hugo Chavez to intervene with Iran's leader, a source close to the release process said on Friday.
repub debate

Republican Debate Live Blog: 9 Presidential Candidates Gather in Orlando

The Republican presidential candidates are debating once again Thursday night, this time in Orlando, Fla. The participants are Michele Bachmann, Herman Cain, Newt Gingrich, Jon Huntsman, Gary Johnson, Ron Paul, Rick Perry, Mitt Romney and Rick Santorum. Stay on this page for live updates.
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Fed looks set to ease policy as outlook dims

The Federal Reserve on Wednesday looks set to launch a fresh effort to invigorate the faltering economic recovery, embarking on what could be the first in a series of incremental steps to foster stronger growth.
Tony Bennett

Tony Bennett Clarifies 9/11 Remarks [VIDEO]

Legendary singer Tony Bennett has been sweeping headlines, not for the release of his new album, but instead for comments criticizing America's foreign policy, which he has since apologized for.
Bernanke makes remarks at the start of a conference on systemic risk, at the Federal Reserve in Washington

Fed Looks Set to Ease Policy as U.S. Outlook Dims

The Federal Reserve on Wednesday looks set to launch a fresh effort to invigorate the faltering U.S. recovery, embarking on what could be the first in a series of incremental steps to foster stronger growth.
The U.S. Capitol dome and U.S. Senate in Washington

Obama Tax on Wealthy - Correcting Last Decade’s Big Mistake?

Although President Obama’s new deficit reduction plan will be portrayed as a tax hike, in reality, it by and large returns the tax code, with a few exceptions, to levels that existed prior to the 2001 Bush income tax cut -- a cut that fundamentally altered the U.S.'s fiscal and economic trajectory. The nation has been trying to recover ever since.
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China centre stage in long-running US campaign show

It could almost be scripted. A U.S. politician threatens to take China on if he makes the White House. The official Chinese press level a barrage of criticism laced with sarcasm. Beijing's Foreign Ministry steps in offering a milder diplomatic response.

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