Starbucks' (SBUX) Chief Executive Officer Howard Schultz said instead of giving money to politicians, CEOs should use the money to create more jobs. Earlier this summer, Schultz urged corporate America to withhold campaign contributions until Congress passed a better, substantive plan to cut the budget deficit.
An 18-year-old ban on openly gay soldiers known as Don't Ask Don't Tell expires on Tuesday, when the military will officially begin processing applications it has already received from openly gay recruits.
Unnder President Barack Obama's deficit reduction plan, the U.S. Postal Service would be given the option of ending Saturday delivery in order to cut costs and help the government agency balance its budget.
Five arrests were made on the third day of Occupy Wall Street protests in New York's Financial District.
Between 1960 and 2008, the percentage of eligible voters who have bothered to cast their ballots during the presidential elections have ranged from about 49 percent to 63 percent.
Fannie Mae and Freddie Mac, the country's two largest mortgage finance providers, are expected to gradually increase the fees they charge lenders in the next year, their federal regulator said on Monday.
Palestinian leaders have reaffirmed their commitment to seek United Nations membership -- a stance that puts them at odds with the U.S. position. The Obama administration maintains that direct negotiations between Israel and the Palestinians remains the only route to reconciliation.
The Occupy Wall Street movement is leaderless and mostly peaceful, but it's been a powerful force in disrupting activity on and around New York's Wall Street since starting on Saturday.
Incumbent Democratic President Barack Obama should step aside in 2012 to make way for Hillary Clinton, wrote Steve Chapman, an editorial writer at the Chicago Tribune, in a column.
The U.S. has been stepping up its efforts to mediate between both Israel and Turkey -- its critical allies in the region
Former President Bill Clinton suggested former Vice President Dick Cheney was trying to cause a rift among Democrats by suggesting that U.S. Secretary of State Hillary Clinton challenge Barack Obama for the Democratic nomination in the 2012 presidential election.
Thousands of people have protested against the scheduled execution of Troy Davis, a Georgia inmate who is scheduled to die by lethal injection Wednesday.
Republicans are saying President Barack Obama's unveiling of a $3 trillion long-term deficit reduction plan -- dubbed the Buffett Rule -- that relies upon raising taxes on the wealthiest Americans is political posturing and window dressing.
President Barack Obama on Monday laid out a $3 trillion plan to cut U.S. deficits by raising taxes on the rich, but Republicans mocked it as a political stunt, signaling the proposal has little chance of becoming law. I will not support any plan that puts all the burden on closing our deficit on ordinary Americans, Obama said. We are not going to have a one-sided deal that hurts the folks who are most vulnerable.
The issue of Palestine is also likely to occupy Erdogan’s time.
U.S. stocks tumbled on Monday as growing fears of a Greek debt default prompted investors to sell risky assets and put an end to a week-long rally on Wall Street.
Bill Clinton reminds me of a washed-up, retired major league ballplayer who misses the spotlight and cheering crowds so much that he will do anything to remain relevant and in the public eye.
As the U.S. economy slouches toward another recession and confidence in policymakers erodes, investors are coming to grips with the notion that the country may already be several years into a Japan-style lost decade.
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.
Wall Street stock indexes were set to drop more than 1 percent at the open on Monday as renewed fears of a Greek debt default prompted investors to book some of last week's gains and turn to safer assets such as gold.
The Occupy Wall Street protest is disrupting Wall Street for a third consecutive day -- this time when the stock market will open. New York City police are limiting access to Wall Street Monday morning, requiring residents and workers in blocks surrounding the New York Stock Exchange to show identification.
U.S. stock index futures fell sharply on Monday as renewed fears of a Greek debt default prompted investors to book some of last week's gains and turn to safer assets such as gold.
