French President Nicholas Sarkozy ended his vacation early to deal with France's debt problem. He's challenged government leaders to come up with new measures to reduce France's deficit. They would be wise to listen, taking a lesson from the mistake the U.S. made, resulting in a credit downgrade from S&P.
With markets reeling, and the economic expansion far from self-sustaining, the pressure will be on Congress? new 'super committee' to cut the budget deficit substantially -- by more than the $1.5 trillion called for ? to calm investors.
President Barack Obama is getting hammered on all sides for a stumbling U.S. economy and his uneven response to it, raising pressure on him to take steps to create jobs or risk being ousted in next year's election.
Wisconsin voters kept in place four of six Republican state senators in an historic and special recall election Tuesday, preserving a Republican majority in the state Senate and endorsing an aggressive cost-cutting agenda epitomized by a controversial law to curb unions.
Republicans narrowly retained their majority in the Wisconsin state Senate on Tuesday, staving off a strong recall election challenge from Democrats and union members angered by a new law curbing the power of organized labor.
Kansas became on Tuesday the second U.S. state to return a large federal grant meant to help it create a prototype health insurance exchange as part of the Obama administration's healthcare overhaul.
China Mainly Blames US and India For 500,000 Cyberattacks Last Year
Global oil demand will grow less than previously projected this year, according to forecasts on Tuesday from the U.S. and OPEC, as a worsening economic outlook will curb consumption in developed countries.
Wisconsin voters cast ballots on Tuesday to decide whether to remove six Republican state senators in the nation's largest ever recall election that could signal trends for the 2012 presidential race.
"We do have a serious problem in terms of debt and deficit, and much of it I inherited," Obama said. The financial crisis, he said, made the problem worse.
The shooting down of a U.S. helicopter, which led to the deaths of 30 American troops, 22 of which were party of the Navy SEALs commando unit, Team 6, stemmed from an elaborate trap by the Taliban, an Afghan official said Monday.
Millions of barrels of oil will be saved, administration says.
The Senate Banking Committee has begun looking into last week's decision by Standard & Poor's to downgrade the U.S. credit rating, a committee aide has confirmed.
James P. Zumwalt became the first American representative to attend the memorial service on the anniversary of the atomic bombing of Nagasaki, Japan, on Aug. 9, 1945.
America is on the fritz.
Officials at Dover Air Force Base are preparing to accept the remains of 30 American troops, including 22 Navy SEALs, who were killed Saturday when their helicopter was shot down by the Taliban in eastern Afghanistan.
Civil rights groups are considering whether to sue the federal government after the Department of Homeland Security made participation mandatory in a controversial immigration enforcement program known as Secure Communities.
What should a U.S. president say to stop stock markets from falling and reassure Americans that the country will be able to solve its debt and deficit problems?
The Internet punditocracy is busy dissecting a Newsweek cover photo of presidential candidate Michele Bachmann that, depending on where you stand, reveals the magazine's liberal bias or society's entrenched sexism, or both, or neither.
Ratings agency Standard & Poor's, still under fire for downgrading the United States late last week, Monday restated the reasons for its decision while rival Moody's set itself apart, saying America still has the characteristics of a AAA-rated country.
Next week, Perry is scheduled to visit South Carolina, which just happens to be an important primary state and Haley?s home.
U.S. Secretary of Education Arne Duncan will bypass Congress in exempting some states from a central provision of the No Child Left Behind law in exchange for those states adopting some of the Obama administration's education reform priorities.
