Legendary investor Warren Buffett misses the mark more often than most people realize, but his view, shared by President Barack Obama, that the richest Americans should be taxed at the same rate as middle-class Americans, is on the money.
President Barack Obama will propose a new minimum tax rate for U.S. taxpayers who make more than $1 million to help lower the nation's $1.5 trillion long-term debt, according to media reports. This plan will be adopted from a suggestion made by billionaire investor Warren Buffett.
Italy Prime Minister Silvio Berlusconi's boastful conversations about his sexual encounters with eight women in one night, were wire-tapped as part of the ongoing investigation into an alleged prostitution ring surrounding him.
Presidential candidate Michele Bachmann drew a rousing reception from Republicans at their California convention on Friday, raising hopes the Tea Party favorite might be able to put a faltering campaign back in gear.
Presidents, most governors and senators have to be as sterile, inoffensive, lackluster and bland as possible.
Kara Kennedy, the daughter of the late Sen. Edward Kennedy, died suddenly Friday evening at a Washington-area health club, NBC News reported. The cause was a heart attack, according to the Edward M. Kennedy Institute for the United States Senate in Boston, which announced the death.
New York City Mayor Michael Bloomberg cautioned Friday that social unrest in the United States could ensue if action is not taken by policy makers to create jobs and lower the U.S.'s high 9.1 percent unemployment rate.
Boone also doesn’t think Obama is a Christian.
Occupy Wall Street is readying its protesters to camp in on Wall Street starting Saturday, for as long as their passion lasts.
Opposition and human rights activists claim that Havana authorities have upgraded their harassment and persecution of dissident groups in the Communist country.
Findings of the second major investigation by the U.S. government into the 2010 Gulf of Mexico oil spill, may press BP into putting over $30 billion on the table to quickly settle its outstanding legal headaches.
The Obama administration will tell Congress on Friday it plans to upgrade Taiwan's existing fleet of F-16 fighter jets, said sources involved in a deal likely to anger China while disappointing a Taiwan government that was seeking more advanced aircraft.
Reality TV star Tareq Salahi on Friday filed for divorce from his runaway wife Michaele, and accused her of having an affair with Journey guitarist Neal Schon.
Consumer sentiment in the United States rose in early September, but Americans remained very gloomy about the future with their expectations for the economy falling to the lowest level since 1980.
Under which scenario could former Alaska Gov. Sarah Palin make it harder for the Republican Party to win the U.S. presidency in 2012?
Although many of the world’s democratic states have had females as presidents and/or prime ministers – surprisingly, many have not, including the most powerful democracy on Earth, the United States.
President Barack Obama Friday signed into law a the first major overhaul of U.S. patent law since 1952 -- one that officials say will speed the application and approval process for inventors -- a short-cut that could lead to more inventions coming to market sooner, creating more jobs.
It was supposed to be a purely offensive and tactical move on the part of President Barack Obama and his campaign, but it has turned into quite the mockery-inducing blunder.
That's what happened in Cairo. That's what happened in Madrid. You don't want those kinds of riots here.
Presidential candidate Rick Perry said Republican rival Mitt Romney would not provide a stark enough contrast with President Barack Obama in the 2012 election because of his record on health care policy.
Here's a look at which organizations/institutions employ the most people in the world. The list may surprise you.
Republican presidential debates and a rise in the number of natural disasters are influencing more Americans to believe that the world is warming, a Reuters/Ipsos poll said on Thursday. The percentage of Americans who believe in global warming rose to 83 percent in 2011, from last year's 75 percent, the poll conducted Sept. 8-12 found out.
