California has moved its presidential primary to June, consolidating trips to the poll to save money in an election that most voters in the Democratic leaning state see as a foregone conclusion.
He is the author of "The buck stops here." And: "If you can't stand the heat, get out of the kitchen!" And: "If you want a friend in Washington, get a dog." Sounds like the perfect person to solve the U.S.'s seemingly intractable debt deal crisis.
Lawmakers were still unable to reach an agreement on the U.S. debt ceiling on Friday, but there is no arguing that the dollar's safe-haven appeal should remain trumped by the Swiss franc and Japanese yen.
They have been accused of holding Washington hostage by pushing the United States to the brink of a damaging debt default. The world is watching anxiously as the debt impasse drags on.
The House of Representatives approved a Republican plan to cut the budget deficit on Friday that is doomed to defeat in the Senate but which could pave the way for a bipartisan compromise to avert a U.S. debt default.
Stocks are likely to face more selling pressure next week as the Tuesday deadline draws near for raising the U.S. debt ceiling and Washington remains paralyzed by political brinkmanship.
Americans took to the phone lines and the Internet on Friday after President Barack Obama urged them again to call lawmakers and weigh in on a war over raising the U.S. debt limit that has sharply divided Congress.
The government prepared Wall Street firms on Friday for the possibility it may have to delay or cancel a major round of bond sales if Congress doesn't raise the nation's borrowing limit by August 2.
Stocks ended the worst week in a year as time runs out on Washington to reach agreement before the government loses its ability to borrow money.
Stocks ended the worst week in a year as time runs out on Washington to reach agreement before the government loses its ability to borrow money.
Stocks ended the worst week in a year as time runs out on Washington to reach agreement before the U.S. government loses its ability to borrow money.
As Congress remains locked in a bitter stalemate, the White House is quietly working to prioritize its financial obligations in preparation for the possibility that the government will no longer borrow money to pay its bills.
The United States is courting calamity with the continuing stalemate in Congress over raising the country's debt limit, the World Bank's chief warned on Friday.
With four days left before the United States hits its debt limit, Republicans pressed ahead with a deficit plan that cannot pass Congress and President Barack Obama told lawmakers to stop wasting time and find a way "out of this mess."
With America edging closer to a default and a downgrade in credit rating, some realizations are starting to hit America's youth about their future. The consequences of the partisan squabbling of their parents' generation may leave them with little to inherit and much to despise.
After initially declining President Barack Obama's May offer to accompany him at memorial services at Ground Zero, former President George W. Bush has changed his mind, saying he will stand side-by side with the commander-in-chief to commemorate the 10th anniversary of the Sept. 11 attacks.
Stocks slid back into the red on Friday after remarks from a prominent Senate Democrat gave investors another reason to back away from stocks heading into a weekend full of uncertainty over default.
With four days remaining until the United States hits its debt limit, President Barack Obama on Friday told deeply divided Republicans and Democrats to stop bickering and find a way "out of this mess."
In an eleventh hour plea for political compromise, as the Aug 2. debt ceiling deadline inches closer, President Barack Obama urged Congress to avoid a government default by finding a bipartisan solution. On Friday, he said he was ready to work with top Democrats and Republicans through the weekend to reach one.
Stocks regained momentum on Friday, trimming earlier losses to trade near unchanged after the S&P briefly hit a key technical level.
A do-nothing U.S. House and a president whose political base is starting to wonder what he stands for. Yes, the debt deal impasse is revealing a crisis of leadership in Washington. It?s as if the U.S.?s highest elected officials have forgotten what?s important. Former President Harry S. Truman always knew. And he led.
With four days remaining until the United States hits its debt limit, President Barack Obama on Friday told deeply divided Republicans and Democrats to stop bickering and find a way "out of this mess."