Unemployment Improves, but Slow Growth Economy Weighs Against Obama
America's unemployment rate improved slightly in July, but the high figure is weighing heavily against President Barack Obama in his re-election bid.
Bond Vigilantes Push Up Italy?s, Spain?s Interest Rates: Is U.S. Next?
Up to now, the dispensers of global financial justice -- the bond vigilantes -- have given the United States a free ride regarding its large budget deficit and national debt. But history say that can't last forever, which is why it's in the nation's long-term interest to enact the second half of budget cuts called for in the U.S. debt deal.
Texas Gov. Rick Perry: Is 2012 GOP Presidential Nod His for the Taking?
Despite having not yet announced his candidacy, many are seemingly already considering Texas Gov. Rick Perry as the man with the best chance to defeat President Barack Obama in 2012.
'Rent is Too Damn High' Candidate Jimmy McMillan Fighting Eviction
Jimmy McMillan, who ran for governor on the "Rent is Too Damn High" platform, knows all too well the issues he was running on: he is facing eviction from his rent-controlled apartment as his landlord seeks to raise the pretty damn reasonable rent.
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July payrolls rise may soothe recession fears
U.S. job growth accelerated more than expected in July as private employers stepped up hiring, a development that could ease fears the economy was sliding into a fresh recession.
U.S. Economy Added 117,000 Jobs in July: Better Than Expected
The U.S. economy unexpectedly added 117,000 jobs in July and the unemployment rate dipped to 9.1 percent, the U.S. Labor Department announced Thursday. Equally significant, the private sector added 154,000 jobs. The report was a pleasant surprise, but the nation is still in a deep hole job-wise -- short about 14 million jobs.
Missing Credentials Harm Jobless Veterans
Army officer Donna Bachler has not had a regular paycheck since she left active duty four years ago, even though she boasts the kind of skills employers vie for.
Post-shuttle Space Projects: Will Robotic Probes Replace Expensive Human Spaceflights?
What NASA planned in its post-shuttle space projects? Would more non-human space explorers be seen in the near future? After the shuttle fleet, astronomical science projects without human beings on board could come into U.S. space spotlight.
Congress reaches deal to end FAA shutdown
Congressional leaders struck a deal on Thursday to resolve a partisan dispute and end a partial shutdown of the Federal Aviation Administration that has halted airport projects and threatened thousands of jobs.
Disapproval of U.S. Congress Hits Record High: Poll
A record 82 percent of Americans say that they disapprove of the way Congress is doing its job, compared with 14 percent who approve, according to a New York Times/CBS News public opinion poll published on Thursday.
Disapproval of Congress hits new high: poll
Disapproval of Congress rose to an all-time high after weeks of rancorous partisan battles over raising the U.S. debt ceiling took the country to the brink of default, according a New York Times/CBS News public opinion poll published on Thursday.
Payrolls awaited as markets fear recession
Jobs data on Friday could prove a make-or-break moment for global financial markets increasingly alarmed that the world's largest economy could skid into a fresh recession.
Senate Leaders Reach Deal to Resolve FAA Shutdown
There is an extension to allow the FAA to tap available funds in a federal trust account funded by ticket taxes to cover some of the agency's costs. The temporary extensions aim to bridge the gap to a long-delayed bill still being negotiated on long-term FAA budgeting and aviation priorities.
Obama urges Geithner to stay as Treasury chief
President Barack Obama has asked Timothy Geithner to stay on as Treasury secretary and a decision is expected soon, officials said on Thursday.
Congress reaches deal to end aviation standoff
Congressional leaders struck a deal on Thursday to resolve a partisan dispute and end a partial shutdown of the Federal Aviation Administration that has halted airport projects and threatened thousands of jobs.
New saggy jeans designed to improve mobility
Men who like to sag their jeans down low but fear they could end up around their ankles may be interested in new pants that snap to special boxer shorts for support and improved mobility.
Kate Middleton Crowned 'Best-Dressed' By Vanity Fair, Which Outfits Made It? [PHOTOS]
Kate Middleton makes her way onto Vanity Fair?s 72nd Annual International 'Best-Dressed' List this year, making the fashion cut for the second time in 3 years. Middleton's inaugural appearance came in 2008, and a whirlwind of fashion successes followed.
Happy Birthday President Obama: How Do You Plan to Fix the Economy?
President Barack Obama turned 50 on Thursday. But the celebration was muted by a big decline on Wall Street. Some economists are suggesting the U.S. is just "one shock" away from another recession, and questions are being peppered to Obama about his plans for turning around the U.S. economy.
Obama Announces Plan to Avert Genocide, War Crimes
President Barack Obama took steps to strengthen America's policing of war crimes on Thursday, issuing a proclamation that bars some human rights violators from entering the country, and that also sets up a board to try and anticipate imminent mass atrocities.
Analysis: Republican leaders heed Tea Party but risk backlash
Emboldened by concessions wrung from their own leadership and President Barack Obama during the debt limit fight, Tea Party-affiliated lawmakers will likely remain a driving force in the Republican Party -- and possibly induce gridlock until the 2012 elections.
Strapped states chop jobless aid
U.S. states are making "unprecedented" cuts to unemployment benefit programs, hoping to keep their budgets in line as the country's jobless rate shows no sign of budging, according to a report the National Employment Law Project released on Wednesday.
"State actor" behind slew of cyber attacks
Security experts have discovered an unprecedented series of cyber attacks on the networks of 72 organizations globally, including the United Nations, governments and corporations, over a five-year period.
Obama Birthday Party, Plenty to Celebrate [PHOTOS]
President Barack Obama celebrates the big 5-0.
U.S. Debt Deal: Treasury Department Gobbles-Up Most of Increased Debt Limit in One Day
In the largest one-day hike in history, U.S. Government debt shot up to $239 billion.
Obama turns 50th birthday into campaign fundraiser
President Barack Obama turned his 50th birthday into a 2012 campaign fundraising bonanza on Wednesday, buoyed by a hometown crowd after what he called a frustrating period locked in a debt battle with Republicans.
Another U.S. Debt Deal Casualty: Congress Triggers Partial FAA Shutdown
The U.S. Debt Deal crisis has claimed another casualty: the U.S. air transportation system -- Congress has left town without funding a key Federal Aviation Administration budget: as a result, 70,000 construction and related workers have been idled, and 4,000 furloughed, work on projects valued at $11 billion has been delayed.
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