Stock index futures were higher on Wednesday, hours after President Barack Obama stressed a freeze on government spending and the need to lower corporate tax rates.
Wall Street is set to edge up on Wednesday, as companies continue to beat forecasts with their earnings, and with investors awaiting a statement from the Federal Reserve.
American Small Business League (ASBL) said President Obama relied on the same tired rhetoric, while continuing to ignore billions of dollars in job killing abuse in small business contracting programs.
Pakistan warned major powers on Tuesday against granting rival India membership of four key multilateral export control regimes that allow trade in nuclear and other materials, as proposed by the United States.
Thousands of Egyptians across the nation staged protests on the streets against Hosni Mubarak’s regime demanding political concessions including ending emergency laws, freedom for political activity and a limit on the president’s tenure in office.
Results of the 2009 national Science Assessment showed that around 70% of students fell short of science proficiency.
President Barack Obama mentions solar singles while speaking on the need for green energy during the State of the Union address.
The U.S. dollar held near a 10-week low against a basket of currencies on Wednesday ahead of a statement from the U.S. Federal Reserve, which is expected to reaffirm the central bank's focus on supporting growth.
The financial crisis could have been avoided and was the result of poor decision making both in Washington and at top financial firms that fostered a culture of excessive risk taking, according to a draft report written by Democrats on a panel that investigated the meltdown and obtained by Reuters.
President Barack Obama said that the rules have changed in the global competition for jobs and said the U.S. must adapt by make investments for innovation and infrastructure.
Stock index futures ticked up late on Tuesday, pointing to a stronger opening on Wednesday, after President Barack Obama stressed a freeze on government spending and the need to lower corporate tax rates.
The U.S. dollar held near a 10-week low against a basket of currencies on Wednesday, ahead of a statement from the Federal Reserve which is expected to reaffirm the central bank's focus on supporting growth.
The following are the prepared remarks of President Barack Obama's State of the Union Speech as released by the White House and set to be delivered on Tuesday evening starting around 9 p.m.
President Barack Obama will say that the challenges the U.S. faces are bigger than party and politics, according excerpts from Tuesday night's State of the Union Address.
The President Barack Obama goes into his third state of the union message on Tuesday night -- the following are excerpts.
President Barack Obama will propose that Congress adopt a 5-year freeze on non-security discretionary spending, extending a previous call for a 3-year freeze, senior administration officials said, according to reports.
U.S. stocks fell on Tuesday after disappointing profits and outlooks from blue chips such as 3M and Johnson & Johnson prompted investors to pause in the recent rally.
A former Northrop Grumman Corp (NOC.N) engineer has been sentenced to 32 years in prison for providing secret defense information to China, exporting technical military data and other crimes, the U.S. Justice Department said on Tuesday.
U.S. consumer confidence rose in January to its highest level in eight months, underscoring the brightening economic outlook, although declining housing prices still cast a cloud on the recovery.
Stocks fell on Tuesday as disappointing earnings from blue chips such as 3M and Johnson & Johnson prompted investors to pause in the recent rally.
President Barack Obama aims to rise above party politics in his State of the Union speech on Tuesday, but he must prove he is serious about tackling the budget deficit that could unleash a bitter partisan fight.
Stocks fell on Tuesday weighed by disappointing blue-chip earnings, including 3M and Johnson & Johnson, ahead of U.S. President Barack Obama's State of the Union speech.