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.
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.
Comedian Jon Stewart has mocked presidential hopeful Donald Trump’s ongoing “birther” remarks that allege current President Barack Obama may not have been born in the US.
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.
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.
The Arizona state Senate passed a bill on Wednesday that makes it mandatory for presidential candidates to produce documents proving that they are citizens of the United States.
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.
U.S. stocks rose in a choppy session on Wednesday, with JPMorgan's results weighing on financial shares, while the technology sector outperformed as strong earnings enticed investors.
President Barack Obama on Wednesday proposed a four-step plan to reduce the federal deficit by $4 trillion over the next 12 years and called on negotiations involving Congress and the White House to begin in May.
The following are remarks by President Barack Obama, as prepared for delivery, on addressing long-term United States and the deficit on April 13, 2011 at George Washington University, in Washington D.C.
President Barack Obama has requested that formal negotiations to begin in May on reducing the long-term U.S. debt as a share of the economy and annual deficits.
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.
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.
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.
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.
Wall Street stocks were set for a higher open on Wednesday after JPMorgan Chase's earnings beat expectations and spurred bets that other banks' results will be strong.
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.
The daughter of the leading Bahraini human rights activist has gone on a hunger strike to protest the detention of family members, including her father, by the state security forces over their anti-government protest activities.
Mitt Romney has started officially testing the waters for a presidential run in a state known for its independent voters and where he narrowly lost a presidential Republican primary four years ago.
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.
Unofficial 2012 presidential hopeful Donald Trump just encountered his first personal challenge: questions regarding his string of corporate bankruptcies.
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.