A spree of bad news -- market gyrations, fears of a double-dip recession, stubborn unemployment and fallout from a debt deal -- has shaken confidence in President Barack Obama's leadership and could cloud his chances for winning re-election.
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.
Gold and silver prices retreated Friday as investors shrugged off weak consumer sentiment data to step back into stocks and give the S&P 500 a two-day winning streak for the first time since mid-July.
Which party creates more jobs per year, on average -- Democratic presidents or Republican presidents? The answer may surprise you.
What can Obama do to reinvigorate his 2012 campaign?
U.S. consumer confidence plunged in August, according to the latest reading. The level is the lowest since 1980.
There is one thing that the doomsayers have gotten wrong: They aren?t nearly worried enough.
Choices add diversity to the panel.
Much of the violence has occurred in inner-city neighborhoods populated by the descendants of immigrants from the former British Empire
Housing bonds that are backed by Fannie Mae, Freddie Mac, or Ginnie Mae will all be adjusted.
For around $2 a day some Afghan children as young as 10 work long hours in the country's coal mines with no safety gear and, until now, no government mining policy to protect them.
President Barack Obama distanced himself from a deeply divided U.S. Congress on Thursday, pledging to deliver fresh ideas to create jobs and slamming lawmakers for "bickering" that gets in the way of recovery.
Residents of a London housing estate laughed at a televised plea by police for parents to call their children and help rein in the youths who looted and burned swathes of the city.
Prime Minister David Cameron blamed the worst riots in Britain for decades on street gang members and opportunistic looters and denied government austerity measures or poverty caused the violence in London and other major English cities.
Prime Minister David Cameron risks his government's austerity drive, particularly its plans to cut police funding, becoming the focus of Britons' fears about the future after the worst looting and rioting in decades hit English cities this week.
Prime Minister David Cameron risks his government's austerity drive, particularly its plans to cut police funding, becoming the focus of Britons' fears about the future after the worst looting and rioting in decades hit English cities this week.
Most Britons under 30 have probably never heard of Powell, or perhaps he was someone their parents and grandparents have mentioned.
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.
In the municipal market, the downgrade will likely affect credits directly supported by federal aid and credits that rely on federal support streams for part of total revenues.
Poverty, joblessness, and limited education increase HIV risk among heterosexuals, the CDC reported. The agency found that HIV is more prevalent in those with low socioeconomic status in its first survey among heterosexuals