Stock index futures rose on Wednesday, following a three-day equities decline, on hopes the European debt crisis might ease after Germany's top court smoothed the way for Berlin's participation in bailout packages.
Hoffa made the remarks ahead of Obama’s appearance on stage.
Stock index futures rose on Wednesday, a day after sharp losses sparked by new concerns Europe was failing to tackle its debt crisis.
Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 1 percent, Dow Jones futures up 0.79 percent and Nasdaq 100 futures up 0.97 percent at 0900 GMT (5 a.m. ET).
While economists and political pundits talk about the declining power of the U.S. on the world stage, people from across 15 countries named Americans the world's coolest nationality in an international poll conducted among 30,000 participants.
President Barack Obama, facing waning confidence in his economic stewardship, plans to propose some $300 billion in tax cuts and government spending in his speech to Congress, Democratic sources say.
Shark fin soup would be off the menu in California, under a bill headed for the governor's desk following its approval by the state Senate on Tuesday.
Granting Taiwan's politically sensitive request for new F-16 fighter aircraft would merely maintain the island's air power capabilities, not boost them, the chief executive of Lockheed Martin Corp (LMT.N), the plane's manufacturer, said on Tuesday.
Presidential hopeful Mitt Romney aimed squarely at the Republican center as he launched his economic program on Tuesday, proposing spending cuts and lower taxes while vowing to get tough against China.
The White House (perhaps careful not to offend the labor vote that Obama desperately needs to be re-elected next year) has decided not to comment on the flap.
According to the latest POLITICO-George Washington University Background Poll, the political environment is very poor for both President Obama and Congressional Democrats.
A headline today grabbed my attention: Is Michele Bachmann's campaign in danger? I paused, and thought: Is Michele Bachmann still running a campaign?
What's up next for former Alaska Gov. Sarah Palin regarding the 2012 presidential election? More than likely, Palin won't run, but won't state that until absolutely necessary.
Solyndra LLC, a solar panel maker that received $535 million in federal loan guarantees, filed for bankruptcy, the third U.S. solar firm to succumb to pressure from Chinese rivals in recent weeks.
In a flight to safety, the 10-Year Treasury yield has fallen below 2.00 percent, while gold futures are slightly higher.
Bachmann, who has sparred with Hoffa before, has referred to him as a “notorious union boss and Obama advisor.
The incendiary remarks prompted an outcry from Tea Party officials who demanded that Hoffa personally apologize and that Obama rebuke the union boss.
Defying expectations, the U.S. service sector expanded at a slightly faster pace in August -- but remains too weak to help a sluggish economy that's not creating enough jobs.
Before the United States denounced Muammar Gaddafi's repressive reign and helped to topple him, the Central Intelligence Agency (CIA) was enlisting Gaddafi's notoriously brutal security forces to question terrorism suspects, according to documents discovered in Qaddafi's compound.
Hoffa the son was 24 years old in 1975 when his father disappeared forever and presumably murdered.
The latest poll numbers are not good for President Barack Obama: if the 2012 presidential election were held today, the race would be very close, and Obama could easily lose in several hypothetical match-ups.
Stocks were poised to fall sharply at the open on Tuesday on fears the euro zone's sovereign debt crisis was worsening and the U.S. economy was slipping back into a recession.
