U.S. job creation will accelerate a bit this year as a moderate economic recovery continues, the White House said on Friday, but it faces a key risk from the debt crisis in Europe -- and President Barack Obama's annual economic report warned that the road ahead could still be bumpy.
The Dow finished the week with solid gains Friday, edging closer to the 13000 mark which could be another indication of improvement in the U.S. economy.
Winning The Future. Greater Together. We Don't Quit. They may not be official, but those are all phrases that could in one form or another be candidates to become President Barack Obama's re-election slogan. Currently, his campaign posters simply say, Obama 2012.
Presidential hopeful Mitt Romney's struggles in Michigan are fueling speculation that Republicans might have to resort to a doomsday scenario and launch a frantic search for a 2012 savior at their nominating convention in late August.
Chinese Vice President Xi Jinping said on Friday the Chinese economy would experience stable growth and avoid a hard landing this year, dispelling a scenario economists fear may upset the global economy.
Stock index futures were little changed Friday as investors were set to take a breather from a rally that pushed the S&P 500 to a nine-month high in the previous session.
A small aircraft that strayed into the airspace of U.S. President Barack Obama was found packed with cannabis of around 18kg (40lb).
A deal to renew a payroll tax cut for 160 million U.S. workers through 2012 headed on Thursday toward congressional approval as Democratic and Republican leaders rallied support for the bipartisan agreement.
Monica Lewinsky is back in the spotlight 14- years after she first made headlines for her affair with Bill Clinton. She is now the core focus of a highly anticipated four-hour PBS documentary about the former U.S President.
Economists have factored the payroll tax cut extension into forecasts that the U.S. economy will grow 2.5 percent in 2012.
The Bruins are 7-7-1 in their last 15 games and are looking like a team that will have a hard time repeating as champions without some changes.
U.S. currency apparently costs more to produce than it is actually worth. Now, President Obama is asking Congress to lower the cost of minting coins.
PBS documentary Clinton has put America's focus back on the Monica Lewinsky scandal that almost ruined the Clinton presidency. But what new details does the documentary really offer us? From how many other women were in Clinton's life to where Lewinsky is now, here's everything you need to know about the PBS documentary.
Popular Comedy Central talk show The Colbert Report has temporarily suspended production for reasons still unknown. Host Stephen Colbert and his representatives did not respond to initial inquiry.
A payroll tax cut for 160 million Americans, set to expire at the end of this month, would be extended through December under a bipartisan deal announced early on Thursday by U.S. congressional leaders.
In 1972, the Chinese economy was a shadow of the modern powerhouse it would blossom into.
Conflicting reports on whether or not Iran will terminate the supply of its crude to Europe before European Union sanctions become effective have come to the front fuelling the worries of possible risk of oil supply disruption.
President Barack Obama traveled to California on Wednesday for the first time since anti-piracy legislation pitting Hollywood against the tech sector got derailed, ramping up his election-year fundraising with events courting both dueling industries.
Negotiators Wednesday evening reached a sweeping tax cut deal that provides a victory to President Barack Obama and his fellow Democrats in Congress and frees Republicans of an issue that threatened to stalk them to the November elections.
Syrian President Bashar Assad ordered a referendum for later this month on a new constitution that would allow political parties other than his ruling Baath Party as part of promised reforms, The Associated Press said.
Carney told reporters that the president discussed Lin’s dramatic game-winning shot against the Raptors aboard the Marine One aircraft.
President Obama is expected to appoint a replacement soon for out-going World Bank President Robert Zoellick, who is leaving after the administration decided not to reappoint him to a second five-year term.