The Obama administration took aim at transnational criminal organizations on Monday, slapping harsh sanctions on four of the world's most notorious organized crime groups.
Texas Governor and potential 2012 Republican presidential candidate Rick Perry said Friday that he supported New York's legalization of gay marriage, citing states' rights.
Gold rose to fresh record high on Monday as talks over lifting the debt ceiling appeared to be stalling just days before the August 2 deadline, raising the prospect of a debt default.
Secretary of State Hillary Clinton sought to reassure Asian investors over U.S. debt worries Monday, saying she was confident President Obama would ultimately reach a deal with congressional leaders to prevent a catastrophic default.
Less than 9 days remain before the U.S. Government defaults on is debt, and the debt impasse continues. So far, institutional investor patience has been remarkable, as Asian markets were relatively calm in Monday trading. But how long can that last, if Washington remains gridlocked?
President Barack Obama said the federal government should not stand in the way of any state that chooses to recognize same-sex marriages performed in other jurisdictions. According to a new poll released last week, over half of all Americans support the White House position.
There are mixed opinions on whether the repeal of the Don't Ask Don't Tell policy could have a negative impact on the US Military.
A sharply divided Congress pursued rival budget plans on Monday that appeared unlikely to win broad support, pushing the United States closer to a ratings downgrade and debt default that would send shockwaves through global markets.
Jefferies & Co. upgraded its rating of Motorola Solutions Inc. (NYSE: MSI) to "buy" from "hold" and increased its price target to $55 from $49.
Wall Street futures fell, the dollar dropped and gold rallied as Washington appeared no closer on Sunday to raising the debt ceiling to avert a devastating default.
A bitterly divided Congress set the United States on a collision course with financial markets on Monday as Democrats and Republicans pursued rival plans unlikely to generate the broad support needed to avert a catastrophic and unprecedented debt default.
The United States took a step closer to losing its coveted triple-A credit rating over the weekend as a political impasse in Washington reduced hopes of an agreement to meaningfully cut the nation's budget deficit.
A sharply divided Congress pursued rival budget plans on Sunday that appeared unlikely to win broad support, pushing the United States closer to a debt default that would reverberate around the world.
President Barack Obama and Congressional leaders have missed a self-imposed Sunday deadline reach a deal to raise the U.S. federal debt limit, bringing the default deadline for U.S. obligations even closer.
Stocks slipped while the Swiss franc rose and gold hit a record high on Monday as hopes for a political deal to avert a U.S. default began to fade, though investors were mostly seeking to protect their portfolios with no signs of panic selling.
U.S. lawmakers failed to achieve a budget breakthrough and instead worked on rival plans on Sunday in a impasse that heightened prospects for a catastrophic U.S. debt fault.
Wedding fever hit New York on Sunday, as hundreds of gay and lesbian couples lined up to be married on the first day that same-sex marriage was legal in the state.
With financial markets on edge, White House officials and Republican leaders scrambled to reassure them that the United States will avert default and lift its $14.3 trillion borrowing limit before August 2.
President Barack Obama and congressional leaders struggled on Sunday to break a partisan deadlock on a budget deal to avoid a U.S. debt default and reassure global markets, with no sign of a deal emerging.
U.S. airlines are fighting the prospect of sharply higher passenger security fees that could be part of any deficit-reduction plan.
Retired Army Gen. and former Chairman of US Joint Chiefs of Staff, John Shalikashvili, died on Saturday from complications of a stroke reports Reuters.
House Speaker John Boehner, R-Ohio, took pains to underscore that not only have the debt deal talks resumed, he says all parties are working toward an agreement. Time certainly is of the essence: the U.S. has less than 10 days to raise the debt ceiling and avoid a default.
