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The White House and the Congressional Budget Office are expected to release new estimates on Tuesday of the scope of federal budget deficits and the health of the U.S. economy.
The White House and U.S. Congress will issue separate budget estimates on Tuesday that could slow President Barack Obama's domestic policy proposals as he faces increased skepticism among lawmakers.
Obama favors Bernanke; GM's Big Decision; Cutting off the Net
U.S. President Barack Obama will nominate Ben Bernanke to a second term as chairman of the Federal Reserve on Tuesday, seeking to keep him in place to steer the world's largest economy out of its deepest downturn since the Great Depression.
Stock index futures were higher on Tuesday on news that Ben Bernanke will be renominated as chairman of the Federal Reserve and ahead of key consumer confidence and housing data.
Stock index futures were slightly higher on Tuesday on news that Ben Bernanke will be renominated as chairman of the Federal Reserve and ahead of key consumer confidence and housing data.
U.S. stock index futures pointed to a mixed start for Wall Street on Tuesday after U.S. shares ended flat in the previous session as investors took a breather from a four-day rally.
U.S. President Barack Obama will nominate Ben Bernanke to a second term as chairman of the Federal Reserve Tuesday, keeping him on the job of guiding the world's largest economy out of its deepest downturn since the Great Depression.
A police Investigation into last month's Jakarta hotel bombings shows that terrorist groups had made plans to use snipers to attack US president Barack Obama during his visit to Indonesia in November.
U.S. President Barack Obama will nominate Ben Bernanke to a second term as chairman of the Federal Reserve on Tuesday as the economy shows signs of recovery, a senior administration official said on Monday.
Teen pop star Nick Jonas, taking a break from touring with his brothers to raise awareness of juvenile diabetes, said he dreams about being U.S. president and may study political science in college.
U.S. President Barack Obama will reappoint Ben Bernanke for a second term as chairman of the Federal Reserve on Tuesday, a senior administration official said on Monday.
Federal Reserve Chairman Ben Bernanke will be nominated to a second term by President Barack Obama on Tuesday, according to reports.
U.S. President Barack Obama will reappoint Ben Bernanke for a second term as chairman of the Federal Reserve on Tuesday, a senior administration official said on Monday.
General Motors Co is considering a plan to raise funding to keep Opel as an alternative to selling the unit to Magna International , sources with knowledge of the deliberations said on Monday.
The Obama administration pledged on Monday to stay out of General Motors' choice of a buyer for its European Opel unit, while union leaders in Germany put more pressure on the U.S. automaker to make a decision.
Afghanistan's finance minister claimed victory on Monday for President Hamid Karzai in last week's presidential election but, with no official figures released, the claim was rejected by his main rival's camp.
The Obama administration pledged on Monday to stay out of General Motors Co's choice of a buyer for its Opel unit in Europe as German union leaders put more pressure on the U.S. automaker to make a decision.
The German government sought to calm a growing transatlantic row over the fate of carmaker Opel on Monday as unions threatened
Iran will continue to cooperate with the U.N. nuclear watchdog, the Foreign Ministry said on Monday, apparently confirming Tehran had given inspectors access to a reactor under construction after barring visits for a year.
Israeli Prime Minister Benjamin Netanyahu expects no breakthroughs at a meeting this week with a U.S. peace envoy, but hopes talks with the Palestinians can resume within two months, a spokesman said on Monday.