The White House has identified two economists to fill vacant seats on the Federal Reserve's powerful seven-member board, the Wall Street Journal reported on Friday, citing unnamed sources.
Which party creates more jobs per year, on average -- Democratic presidents or Republican presidents? The answer may surprise you.
House Minority Leader Nancy Pelosi, D-Calif., rounded out the super committee by announcing her three House Democratic members for the special bipartisan board. Now the tough work begins: reducing the deficit by at least another $1.5 trillion over 10 years, and as far as the financial markets are concerned, the sooner the reduction is announced, the better.
Texas Governor Rick Perry, a staunch conservative with a Washington outsider's resume, will seek the 2012 Republican nomination for U.S. president, his spokesman said on Thursday, adding a top contender to the party's field of hopefuls.
Texas Governor Rick Perry, a staunch conservative with a Washington outsider's resume, will seek the 2012 Republican nomination for U.S. president, his spokesman said on Thursday, adding a top contender to the party's field of hopefuls.
The Republican Party argues it's the party of job creation, but the statistics indicate otherwise, at least concerning U.S. presidential administrations. Democratic presidents have a higher annual job creation average, 1.647 million per year, than Republican presidents, 966,388 per year.
The eyes of Texas, at the very least, seem to be upon Rick Perry, despite no formal entrance to the 2012 presidential race. But at long last, the Texas governor has put voice to his desire to make a run for it.
The attacks are openly denounced by Pakistani military and political leaders.
With the appointment of nine of 12 members, the "super committee" charged with reducing the budget deficit by at least another $1.5 trillion is taking shape. The body could help stabilize the financial markets by announcing a ?quick-start? agreement on additional debt reduction.
Republicans named their six members on Wednesday to a U.S. congressional deficit-reduction super committee, including a favorite of the conservative Tea Party movement and other no-new-taxes hardliners.
Economic fears are weighing heavily on Americans, with a large majority saying the United States is on the wrong track and nearly half believing the worst is yet to come, a Reuters/Ipsos poll said on Wednesday.
America is on the fritz.
A majority of states do not approve of President Barack Obama's performance and his national approval rating is hovering just below 50 percent, according to a new Gallup Poll.
While S&P?s downgrade of the U.S. Government?s credit rating is controversial, most agree that the U.S. fiscal condition is serious. And while both Democrats and Republicans increased the budget deficit, three major policy errors by President George W. Bush last decade substantially worsened the U.S.?s fiscal condition, and the nation has been trying to recover ever since.
NASA's achievements are commendable considering its results between 1960 and 1970, especially for putting men on the moon. However, NASA's recent performance and its discoveries are considered to be of no practical value for mankind. There are various other causes that require funds in the United States rather than allocating more funds for NASA.
?The damage this week is more than last week ? translation, more damage from economic fears than debt fears.?
U.S. stocks plummeted Thursday, following a similarly huge sell-off in Europe, on growing fears that the global economy is sinking into a recession, ahead of worries about tomorrow?s July jobs report.
President Barack Obama turned his 50th birthday into a 2012 campaign fundraising bonanza on Wednesday, buoyed by a hometown crowd after what he called a frustrating period locked in a debt battle with Republicans.
His campaign strategists have not been able to get their act together till date
New details emerged Tuesday in the mysterious suspension of acclaimed polar bear scientist Charles Monnett. It appears that his 2006 paper on polar bear deaths is not in question. What is, however, is his management of a current study on "Populations and Sources of Recruitment in Polar Bears."
New York City's event planners are gearing up for a surge in business after the Empire State embraced same-sex marriage and hundreds of couples rush to tie the knot.
The next battle already looms on the legislative horizon: it's the battle over the 2001/2003 Bush tax cuts.