The Obama administration's corporate tax reform plan will end dozens and dozens of breaks, Treasury Secretary Timothy Geithner said on Tuesday as he defended the White House's election-year call for higher taxes from wealthy taxpayers.
President Barack Obama said on Tuesday he had seen hopeful signs that Congress would pass a payroll tax cut extension for the full year, as he kept pressure on lawmakers to take action he said was needed to keep the U.S. recovery on track.
President Barack Obama said on Tuesday he had seen hopeful signs that Congress would pass a payroll tax cut extension for the full year, as he kept pressure on lawmakers to take action he said was needed to keep the U.S. recovery on track.
President Barack Obama said on Tuesday he had seen some hopeful signs that Congress would pass a payroll tax cut extension for the entire year, as he maintained pressure on lawmakers to take action he said was needed to keep the U.S. recovery on track.
President Barack Obama on Monday proposed more aggressive deficit reductions through savings from Medicare, Medicaid and other federal healthcare programs than the White House put forward just five months ago.
Stock index futures edged up Tuesday after upbeat data from Germany offset ratings agency Moody's downgrade of six euro zone countries.
It looks like Barack Obama's Democrat supporters and dog lovers are determined to keep the Republican presidential candidate Mitt Romney's Doggy issue alive; in any case till the presidential elections. Romney's treatment of his dog Seamus has been making headlines quite often.
Boeing Co said on Tuesday it signed its largest ever commercial airplane order with Indonesia's Lion Air in a deal worth $22.4 billion.
President Obama will be back in Los Angeles for campaign events on Wednesday.
Rick Santorum has surged into a virtual tie in opinion polls with Mitt Romney, setting up a tough fight in the party's primary in Michigan on Feb 28.
As the political discussion continues over Chrysler's popular Halftime in America Super Bowl commercial starring Clint Eastwood, Saturday Night Live took the task of spoofing this latest controversy. Three times.
The average fuel economy of 2012 model year vehicles is 14 percent higher than the same mark of just four years earlier, according to a University of Michigan study, confirming automakers' push to appeal to consumers' desires for more fuel efficient vehicles.
President Barack Obama proposed a $770 million aid package Monday for Arab countries undergoing democratic revolutions.
President Obama released his 2013 budget proposal Monday, Feb. 13, which aims to reduce the deficit $4 trillion over the next 10 years, bolstered in part by a $1.5 trillion in new tax revenue.
Maine's GOP Sens. Susan Collins and Olympia Snowe announced their support of Obama's revised contraception mandate just as Sen. Marco Rubio, R-Fla., introduced new legislation attacking the birth control rule.
The White House on Monday proposed big budget boosts for U.S. financial market regulators, which are months behind in finalizing Dodd-Frank reforms and are under pressure to more vigorously police markets in the wake of the 2007-2009 financial crisis.
General Electric Chief Executive Jeffrey Immelt on Monday defended the U.S. Export-Import Bank against charges the export-facilitating lender is corporate welfare and should be shut down.
General Electric Chief Executive Jeffrey Immelt on Monday defended the U.S. Export-Import Bank against charges the export-facilitating lender is corporate welfare and should be shut down.
Rick Santorum may want to discuss economic policy, but the candidate is spending his time talking about social issues as his campaign gets a new surge of support.
Lower value of the United States government's stock in General Motors Co. and American International Group will dump $21 billion more on the 2013 budget President Barack Obama released on Monday.
Stocks rose Monday, led by banks after Greece's parliament approved strict financial reforms needed to obtain an international bailout package.
Billionaire investor George Soros attributed the nation's favorable economic outlook to the nation's shale resources in a weekend interview.
