Obama Turns the Big 5-0
Obama receives a lot of love- and campaign contributions- on his birthday.
Defense Secretary Panetta Warns of 'Dangerous' Military Cuts in U.S. Debt Deal
Faced with the prospect of a U.S. debt deal that could substantially shrink the military budget, U.S. Defense Secretary Leon Panetta posted a letter to Pentagon employees warning against 'misguided' cuts that could imperil the nation's security.
President Obama, LaHood Urge Lawmakers To Rethink FAA Extension
President Obama urged Congress on Wednesday to end the 12 day long FAA shutdown, as they recessed for the summer. The President remarked that members need not even return to town to resolve the dispute, and that it could be done through a procedural agreement when the debate resumes in September. He stated, "This is a lose, lose, lose situation that can be easily solved...."
Next for U.S. Debt Deal: Democrats Capitulate on Bush Tax Cuts, Again
If you are disappointed or frustrated by how the Democratic Party handled the U.S. debt deal talks, just wait a few months.
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Special report: How Washington took the U.S. to the brink
The world's largest economy was headed toward an unprecedented default, and all Washington wanted to talk about was the manner in which the president had left a room.
How Washington took the US to the brink and back
The world's largest economy was headed toward an unprecedented default, and all Washington wanted to talk about was the manner in which the president had left a room.
Zuckerberg?s Sister Splits the Family Biz
Randi Zuckerberg, sister of the famous CEO of Facebook, is leaving the company to start her own business.
White House explores options on FAA shutdown
The White House said on Wednesday it was looking at ways to end a partial shutdown of the Federal Aviation Administration that has halted airport construction projects employing thousands of people and extended the summer's political battles.
Obama to head out on "listening" bus tour for jobs
President Barack Obama will take a three-day campaign-style bus tour through the American Midwest this month, as he tries to refocus attention on jobs seen as vital to his chances of winning re-election in 2012.
State actor seen in "enormous" range of cyber attacks
Security experts announced on Wednesday the discovery of an unprecedented series of cyber attacks spanning five years that affected the networks of 72 organizations globally, including the United Nations, governments and corporations.
At 50, Obama Still 20 Years Older Than World?s Youngest Leader
Jigme Khesar Namgyel Wangchuck, aged 31, is the king of Bhutan, a tiny kingdom in the Himalayas. He was born February 21, 1980 (when Obama was already in college).
Simpson, Bowles: U.S. Debt Deal Inadequate -- Did Congress Miss an Opportunity?
The U.S. debt deal has proved unpopular on all ends of the political spectrum, and it earned two prominent detractors on Wednesday with a critical op-ed piece by Erskine Bowles and Alan Simpson, who led a presidentially-appointed deficit reduction committee.
Colorado Republican Apologizes for ?Tar Baby? Remark
House Representative Doug Lamborn told a Colorado radio show that being associated with President Obama's policies is like "touching a tar baby." He apologized for the remark on Wednesday.
Tea Party groups see Medicare overhaul chance
With Medicare at the top of lawmakers' fall agenda, Tea Party movement leaders hope to ignite support for Republican plans to transform the popular federal healthcare program for the elderly.
Happy Birthday, President Obama: See How Politics Has Aged Him [PHOTOS]
If you had his job, you'd probably have some grey hair too
Analysis: Obama suffers political setback in deal
President Barack Obama suffered a defeat in the battle over raising the U.S. debt limit that may have repercussions for his efforts to restore growth to the U.S. economy and win re-election in 2012.
Analysis: Debt debate diminishes everyone
The chaotic and often ugly debt-ceiling talks managed to avert a potential economic catastrophe but inflicted new damage to the political reputations of most of the key players.
President Obama's 50th Birthday Bash: Are You Attending?
President Barack Obama will be celebrating his 50th birthday Wednesday night at Chicago's classy Aragon Ballroom, and he's looking for a specific type of present for the midlife milestone: campaign contributions.
Obama Celebrates 50th Birthday at Fundraisers in Chicago
President Barack Obama will fly to his hometown in Chicago on Wed. to celebrate his 50th birthday party at two fundraisers for Democrats.
U.S. Reaches Debt Deal: Is it Enough to Sustain AAA Rating?
On Tuesday, President Barack Obama signed a bill to raise the U.S. debt ceiling, preventing the nation from defaulting for the first time in its history.
It's Recession 2012! Early Signs of Economic Slump Emerge
With more than 14 million people out of work, consumer spending falling by the day, the GDP growth outlook remaining grim and rising inflation denting confidence of ordinary people, a massive spending cut of more than $2 trillion would be the proverbial last straw on the camel's back.
Stocks negative on the year, gold hits record
Major stock indexes around the world lost all of their gains on the year and gold hit a record on Tuesday after a deal to raise the U.S. debt ceiling gave no comfort to investors preoccupied with sluggish global growth.
Analysis: Obama suffers political setback in debt deal
President Barack Obama suffered a defeat in the battle over raising the U.S. debt limit that may have repercussions for his efforts to restore growth to the U.S. economy and win re-election in 2012.
China warns of choppy Treasury market
China's central bank governor urged Washington Wednesday to act responsibly to deal with its debt issues, saying uncertainty in the Treasuries market will undermine the international monetary system and hamper global growth.
Shadowy shell companies targeted by Senate bill
State governments would have to identify persons forming corporations under legislation that was reintroduced on Tuesday in the Senate, taking aim at shadowy shell companies and anonymous corporate owners.
Snapshot: Obama signs debt limit bill
Just hours ahead of a deadline to avert an unprecedented default, President Barack Obama, without public ceremony, signs a bill that raises the $14.3 trillion debt ceiling and sets in motion a plan to reduce U.S. deficits over 10 years.
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