The race for former New York Rep. Anthony Weiner's seat was too close to call as the polls closed, raising the possibility of an embarrassing loss for Democrats in a district that has never elected a Republican.
The Federal Reserve, facing rising global financial strains and recession fears, is poised to increase downward pressure on longer-term interest rates next week in a bid to accelerate a sputtering U.S. recovery.
The Federal Reserve, facing rising global financial strains and recession fears, is poised to increase downward pressure on longer-term interest rates next week in a bid to accelerate a sputtering U.S. recovery.
Silver prices fell in electronic trading Tuesday afternoon following a big 2.4 percent gain during floor trading as the possibility that Europe's industrial activity will plunge took some shine off the white metal.
With his approval rating at a term-low 40 percent, President Barack Obama needs several factors to break his way to improve his chance for re-election in 2012 -- the most important of which is job growth.
Three militants were killed at the site earlier in the day, after then began shooting at the embassy. The attack was just one of a series of attacks in the capital that have left anywhere from two to 12 people dead, according to varying reports. The Taliban has claimed responsibility for Tuesday's events, which also include attacks on NATO headquarters, a police station and three attempted suicide bombings at the Kabul airport.
Greece's exit from the euro zone would inflict untold damage on Europe's economy, further burnish the attractiveness of a rising Asia and hasten the emergence of China's yuan as a global currency.
Several news outlets are reporting that Elizabeth Warren will officially announce on Wednesday her intention to run for the U.S. Senate in Massachusetts.
President Barack Obama began a national bid to promote his jobs plan on Tuesday, telling an audience at Fort Hayes Arts and Academic High School in Columbus, Ohio that it would put America back on the path to global competitiveness.
The number of Americans living below the poverty line rose to a record 46 million last year, the government said on Tuesday, underscoring the challenges facing President Barack Obama and Congress as they try to tackle high unemployment and a moribund economy.
Gold prices rose Tuesday on global concern about the future of the euro zone, the continent's currency and the fragile state of worldwide economic growth.
The number of Americans living below the poverty line rose to a record 46 million last year, the U.S. government said on Tuesday, underscoring the challenges facing President Barack Obama and Congress as they try to tackle high unemployment and a moribund economy.
Taliban fighters fired rockets at the U.S. Embassy and NATO headquarters in Kabul on Tuesday and attacked police in three other areas in the biggest assault the insurgent group has mounted on the Afghan capital.
Car industry executives from around the globe urged Europe's politicians to take bolder steps to solve the bloc's two-year-old debt crisis, warning its single currency could be derailed without more decisive action.
You know what you do when you're in a race? Go for the top dog. Republican presidential candidates did exactly that in Monday night's CNN/Tea Party debate in Florida. En masse, they gunned for front-runner Texas Gov. Rick Perry.
In U.S. politics, he who wins the verbal war often wins the political war, and with the aforementioned in mind, the Republicans are ahead.
U.S. investors remained concerned that Europe's leaders are not getting ahead of the Greek crisis, which could result in a full-fledged Europe bank crisis, even as German Chancellor Angela Merkel, while not committing more German funds to possible intervention, again dismissed talk of a Greek default.
Alarm is growing in the United States at Europe's inability to solve its debt crisis and talk of a full-on Greek default is on the rise. Following are the key events and developments on Tuesday.
At least three sites in Kabul, Afghanistan were attacked Tuesday morning, including the U.S. embassy. Ten attackers, who are thought to be members of the Taliban, unleashed wave of violence in the city, hitting specific targets with guns, rockets and bombs.
Texas Governor Rick Perry, the lead Republican presidential candidate, on Monday tempered earlier comments about Federal Reserve Chairman Ben Bernanke, but held firm in his opposition to more monetary stimulus from the central bank.
Is Rick Perry another GOP presidential candidate fast-rising star who quickly flames out? First, former Massachusetts governor Mitt Romney came out of the gate as as Republican race front-runner, but then he went AWOL. Then, Michele Bachmann, the House Republican from Minnesota, won the Iowa Straw Poll, but that was on the same day that Texas Governor Rick Perry announced his candidacy.
President Barack Obama said he plans to offset the $447 billion cost of his new jobs plan by jettisoning tax breaks for wealthy Americans, prefiguring a clash with Republicans who have opposed similar measures in the past.
