WHITE HOUSE

Traders work on the floor of the New York Stock Exchange

Futures Off After Rally

Stock index futures fell on Tuesday after equities rose nearly 8 percent in the past five sessions as investors cautiously awaited a batch of data for a better assessment on the state of the economy.

U.S. Stock Futures Point Lower

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Stock index futures pointed to a weaker open for equities on Wall Street Tuesday after steep gains in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.2 to 0.3 percent.
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Debt Super Committee Vexes Even Lobbyists

Thousands of Washington lobbyists are scrambling to influence the work of a congressional super committee given the job of identifying up to $1.5 trillion in deficit reductions, with many worried about how to gain access to its 12 members.
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Hurricane Irene Recovery

Obama Pledges Full Federal Resources to Aid Irene Clean-Up, Recovery

President Barack Obama said Monday he is continuing to direct Hurricane Irene recovery and rebuilding efforts, as federal, state, and local officials assess damage in Northeast and Mid-Atlantic states, even as Northeast states like Vermont and New Jersey continue to get people out of harm's way of rising flood waters.
German Chancellor Angela Merkel delivers a speech after receiving the Emperor Otto Prize in the Magdeburg Cathedral in Magdeburg

Obama and Merkel Vow Action on Global Economic Woes

U.S. President Barack Obama and German Chancellor Angela Merkel discussed the eurozone crisis and financial-market turbulence on Saturday and vowed action to bolster the global economy, the White House said in a statement.
Hurricane Irene

Obama keeping close watch on Hurricane Irene

President Barack Obama kept a close eye on Hurricane Irene as it charged north along the East Coast on Saturday by visiting the Federal Emergency Management Agency and receiving an evening briefing from top officials.
A woman holds a U.S. flag while posing for a photo as she waits for Independence Day fireworks in Los Angeles

Obama Declares August 26 Women's Equality Day

President Barack Obama declared August 26 -- the 91st anniversary of the Constitutional amendment that granted women the right to vote -- Women's Equality Day in a proclamation on Thursday.
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Tea Party Express launches bus tour from California

With the Republican campaign for the White House taking shape, hundreds of Tea Party activists kicked off a national bus tour on Saturday, aiming to rally their base and new recruits to the conservative political cause.
U.S. President Obama speaks about Hurricane Irene during visit to National Response Coordination Center in Washington

Obama Visits FEMA as Irene Nears Washington

President Barack Obama visited Federal Emergency Management Agency headquarters on Saturday to get an update on preparations for Hurricane Irene as it charged north along the U.S. East Coast.
New York embraces Hurricane Irene

Hurricane Irene Batters Shuttered New York

Hurricane Irene battered New York with heavy winds and driving rain on Sunday, knocking out power and flooding some of Lower Manhattan's deserted streets even as it lost some of its power.
New York City taxicabs drive through a nearly empty Times Square in New York

Hurricane Irene threatens shuttered New York

Hurricane Irene battered New York with heavy winds and driving rain on Sunday, shutting down the U.S. financial capital and most populous city, halting mass transit and causing massive power blackouts as it churned slowly northward along the eastern seaboard.
International Monetary Fund (IMF) Managing Director Christine Lagarde

'Act now' to Save Global Recovery, IMF Chief Urges

The new head of the IMF on Saturday called on global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession.
Hurricane Irene

Ferocious Hurricane Irene Batters New York

Hurricane Irene battered New York with ferocious winds and driving rain on Sunday, shutting down the U.S. financial capital and most populous city, halting mass transit and causing massive power blackouts as it churned slowly northward along the eastern seaboard.
Rick Perry

RIck Perry for President: Why the Texas Governor is Surging in Polls

Republican Rick Perry initially gained attention after entering the race for the Republican party's presidential nomination for his outspoken, off-the-cuff style, also known as Perryisms. But now the Texas governor on the presidential campaign trail is becoming known as a leader in the race. The latest Gallup poll shows Perry vaulting into the lead for the Republican party's presidential nomination. Perry, who entered the race just a couple of weeks ago, is quickly passing over for...
U.S. Federal Reserve

Bernanke Speech: For Now, No QE3, But Stay Tuned

In his Jackson Hole, Wyo. conference speech, U.S. Federal Reserve Chairman Ben Bernanke said, in so many words, that headwinds -- some organic, some Capitol Hill-ish -- confronting the U.S. economy are strong, but the Fed is stronger.
Bernanke quiet on next Fed moves, stresses job crisis

Bernanke quiet on next Fed moves, stresses job crisis

Federal Reserve Chairman Ben Bernanke on Friday stopped short of detailing further action to boost the U.S. recovery but said the central bank would consider what more it could do to fight high unemployment, giving some comfort to investors.
Biden

Biden: More US Stimulus Needed, Business Mad at S&P

U.S. Vice President Joe Biden said on Friday the U.S. economy needed more stimulus to get it moving, putting in a plug for government measures shortly before the White House unveils new proposals to boost job growth.
Hurricane Irene

Hurricane Irene to Make for 'Horrendous' Travel Conditions; Obama Urges Residents to Prepare

Hurricane Irene will cause horrendous travel conditions in the U.S. East Coast region Saturday and Sunday, one official said. As airlines cancel hundreds of flights ahead of Hurricane Irene's approach, Virginia Gov. Bog McDonnell said Saturday will be a horrendous day for travel as forecasters say the storm will be one of the worst to ever hit the region. Another official -- U.S. President Barack Obama -- is urging Americans in the path of powerful Hurricane Irene to listen to...
President Barack Obama at Martha's Vineyard

Hurricane Irene Path: Obama Urges Residents to 'Take Precautions,' Calls Irene a 'Historic Hurricane'

President Barack Obama is urging Americans in the path of powerful Hurricane Irene to listen to warning and evacuation instructions from state and local officials. He said from his vacation rental on Martha's Vineyard Friday that citizens urged to evacuate should not hesitate. Don't wait, don't delay, Obama said. I cannot stress this highly enough, if you are in the projected path of this hurricane you have to take precautions now.
The logo of a gold jewellery shop is seen in Bucharest

Gold Mining Stocks Falling but Gold Price Rises

Shares of major gold mining companies fell Friday in midday trading, after the head of the U.S. central bank used a closely-watched speech to indicate that the Federal Reserve had no immediate plans to stimulate the lagging economy with another round of bond buying.

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