BARACK OBAMA

Johnson looks for warehouse work online at the Employment Development Department of California service office in San Francisco

Unemployment Near 3-Year Low

U.S. employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the economic recovery is gaining steam.

House Democrats Lampoon 'Pro Forma' Session

Pelosi Van Hollen
House Democrats called Republicans' bluff this morning by attempting to hijack a pro forma session into doing actual work. The stunt was meant to lampoon Republicans' claims that Congress is not in recess, as the pro forma sessions represent the usual order of business.
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U.S. payroll jobs up, jobless rate falls

U.S. employment grew solidly last month and the jobless rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet of an acceleration in economic activity.
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IRS Audits 1 in 8 Millionaires, May Demand Extra Taxes

The Internal Revenue Service audited one in eight people who earned $1 million annually, which makes them far likelier to be audited than those making less than $200,000, according to IRS data released on Thursday.
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Dollar, stocks up after U.S. jobs data

Stocks, commodity prices and the dollar moved higher on Friday while safe-haven government bonds fell after better-than-expected U.S. jobs data for December confirmed the recovery in the world's biggest economy is strengthening.
Keystone XL Pipeline Protests

Keystone XL Pipeline Obama-Cheney Secret Phonecall Revealed! Just a New Yorker's Opinion

Recently, a thumb-drive with an audio file on it arrived in my mail. When I plugged into the laptop, which is an Apple, so I don't have to worry too much about viruses, I heard this recorded call between President Barack Obama and former Vice President Dick Cheney talking about the National Defense Authorization Act (NDAA) and the Keystone XL pipeline.
Keystone XL Pipeline Protests

Keystone XL Pipeline Obama-Cheney Secret Phonecall Revealed! Just a New Yorker's Opinion

Recently, a thumb-drive with an audio file on it arrived in my mail. When I plugged into the laptop, which is an Apple, so I don't have to worry too much about viruses, I heard this recorded call between President Barack Obama and former Vice President Dick Cheney talking about the National Defense Authorization Act (NDAA) and the Keystone XL pipeline.
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Hiring seen gaining traction in December

U.S. employment likely grew solidly last month, but the jobless rate probably rose from a 2-1/2 year low as improving conditions lured some Americans who had given up looking for work back into the labor market.
2012

Iowa Caucus Results: What Do They Mean for N.H. and S.C.?

After the closest caucuses in Iowa history -- just eight votes separated Mitt Romney and Rick Santorum in Tuesday's caucuses -- the Republican field has been whittled down to six candidates. How will the Iowa results affect the race?
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Cordray says politics won't distract consumer cop

In his first full day as chief of the Consumer Financial Protection Bureau, Richard Cordray sought to lower the political heat around the agency, saying it would earnestly get to work targeting all the bad actors in the lending industry.
U.S. President Barack Obama listens as William Eason speaks during a visit with the Eason family in Cleveland

Cordray Says Politics Won't Distract Him from Job

In his first full day as chief of the Consumer Financial Protection Bureau, Richard Cordray sought to lower the political heat around the agency, saying it would earnestly get to work targeting all the bad actors in the lending industry.
Iranian President Mahmoud Ahmadinejad gestures during his visit to speak in Shahrekord in Chahar Mahal and Bakhtiari province

Iran Wants Nuclear Talks in Turkey

After more than a month of posturing, Iran said it's ready to restart nuclear talks with the European Union, adding that Turkey would be the best place for a dialog.
Richard Cordray

Obama's Recess Appointments Reopen Murky Legal Debate

The president's recess appointment power under the Constitution is not without its ambiguities, and the president's use of this power in light of these ambiguities has given rise to significant political and legal controversy since the beginning of the Republic.
U.S. Republican presidential candidate Mitt Romney

Romney Back in Spotlight, Faces Barrage of Attacks

Mitt Romney's win in the Iowa caucuses has slapped him with a once-familiar tag: frontrunner. It may signal a return to the common stasis of any campaign. Where once intra-party bickering sunk many past frontrunners, the common political mantra of punch up has taken hold in the 2012 campaign. Perhaps the era of surging candidates is over?
Obama speaks from the White House in Washington

Obama Defense Budget Puts More Focus on Asia

President Barack Obama unveiled a defense strategy on Thursday that calls for greater U.S. military presence in Asia and envisions cutting troops in Europe as the Pentagon seeks to reduce spending by nearly half a trillion dollars after a decade of war.
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Cordray: Consumer agency to target shadow banks

In his first speech as head of the Consumer Financial Protection Bureau, Richard Cordray said his agency will immediately begin overseeing lenders outside the banking industry, and will take a tough stance against any financial players that break the law.
Iran Ramps Up Gulf Tension, Global Economies on Alert

Oil Price Hovers Near $103; EU Agrees to Iran Embargo

The price of oil has been rising due to mounting tensions between Iran and the United States and other western countries. On Wednesday the pressure on Iran continued to ratchet up, as European Union governments agreed on to ban imports of Iranian oil.

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