BARACK OBAMA

Some British MPs uneasy about seeking regime change in Libya

Three Conservative MPs have said that Parliament should be recalled from Easter recess because Prime Minister David Cameron’s strategy in Libya is clearly designed to remove Moammar Gaddafi from power, which is not what the original intent was for the Libyan campaign, they claim.
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U.S. says succeeds in most challenging missile test

The U.S. military said it had successfully completed its most challenging missile intercept test yet, using Lockheed Martin Corp and Raytheon Co hardware to shoot down an intermediate-range ballistic target over the Pacific.
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Outlook uncertain, G20 to target imbalances

Faced with an uneven world recovery and uncertain outlook, finance leaders were hoping on Friday to flesh out a plan to build a global economy less prone to the booms and busts of recent decades.

House Does Its Part, Passes Budget to Avoid Shutdown

Members of the House of Representatives did their part to seal Friday's last-hour deal to avert a federal government shutdown by passing legislation that will fund the federal government until the end of fiscal year 2011, September 30.
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Global Markets Overview 04/14/2011

US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.
Traders work on the floor of the New York Stock Exchange

World Market Update 04/14/2011

US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.

Obama, Republicans Diverge Sharply on Future Spending Cuts

President Barack Obama on Wednesday proposed spending cuts for the years ahead that are much smaller than the Republican proposal a week ago. Obama called for $2 trillion in reduced spending over the next 12 years. House Republicans last week proposed $5.8 billion in cuts to federal spending over the next 10 years.
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Dow and S&P slip as JPMorgan stalls, Nasdaq rises

The Dow and S&P slipped on Wednesday as JPMorgan Chase & Co's strong profit growth was not enough to convince investors that quarterly earnings would propel stocks out of the recent trading range.
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Yes Men claim hoax GE tax press release

General Electric Co, embroiled in controversy over its low 2010 U.S. tax bill, was the subject of a hoax press release claiming it would donate billions of dollars to the federal government.
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Dow, S&P flat as JPMorgan gains dissolve

The Dow and S&P were little changed on Wednesday despite strong profit growth from JPMorgan Chase & Co as analysts questioned if the bank's results were a one-time win or would translate to others' performances.

Obama Enters Debate on Deep U.S. Debt

President Barack Obama's awaited proposal on Wednesday dealing with specific dollar amounts and cuts needed to address the United States' $14.3 trillion debt will contrast with a Republican proposal offered last week by offering a balance that it didn't have, a White House spokesman said.
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Futures boosted by JPMorgan earnings

Stock index futures rose on Wednesday, rebounding from the previous day's decline, after results from JPMorgan Chase beat expectations and spurred bets that other bank earnings will be strong.

Strongest Obama Supporters at Lowest Level

President Barack Obama's strongest supporters in the United States are at the lowest level of his presidency yet and support from liberals is also sharply down from earlier this month, according to a daily presidential tracking poll.

Obama May Back Deal to Raise Debt Ceiling

The Obama Administration is trying to balance keeping spending up in certain areas while cutting federal deficits and may be open to striking a deal with Republicans to raise the debt ceiling above its current $14.3 trillion levels.

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