Consequences of failure laid out in budget fight
A new plan by Senate Democrats to head off severe spending cuts in two weeks met an icy reception from Republicans on Thursday as administration ...
India inflation drops to 3-year low of 6.6 percent
India's stubbornly high inflation eased to a three-year low of 6.6 percent in January, a glimmer of good economic news that adds to expectations the ...
Obama, business groups differ on minimum wage plan
President Barack Obama says raising the minimum wage to $9 an hour and tying future increases to inflation will boost the incomes of millions living ...
Japan economy shrinks, fueling push for weak yen
Japan's economy shrank in the last three months of 2012, its third straight quarter of contraction, giving the government ammunition to defend its ...
Boehner taking a you-first approach to proposals
John Boehner is pulling back. After two stressful years as Washington's most powerful Republican and a pair of failed, high-profile rounds of budget ...
Calls for action at Senate immigration hearing
Lawmakers who are shaping the fate of the millions of people in the U.S. illegally were told by one Wednesday that it's time to rewrite immigration ...
Boehner: Up to Democrats to prevent budget cuts
House Speaker John Boehner said Wednesday it's unlikely the Republican-controlled House and Democratic-led Senate will prevent a wave of automatic ...
Lew signals support for tax code rewrite
Jacob Lew, President Barack Obama's nominee for Treasury secretary, pledged to work with Congress on a comprehensive overhaul of the tax code while ...
A slump in McDonald's stock drags Dow lower
The Dow was held back by a slump in McDonald's stock Wednesday, leaving it short of a record. The Dow Jones industrial average shed 35.79 points to ...
Boehner voices skepticism on budget prospects
House Speaker John Boehner expressed doubts Wednesday that the Republican-led House and Democratic-controlled Senate could reach agreement on a budget ...
EU, US to push for trans-Atlantic trade deal
The European Union and the United States announced Wednesday that they have agreed to pursue talks aimed at achieving an overarching trans-Atlantic ...
FACT CHECK: Overreaching in State of Union speech
President Barack Obama did some cherry-picking Tuesday night in defense of his record on jobs and laid out a conditional path to citizenship for ...
Rubio raps president as big-government advocate
Republicans dismissed President Barack Obama's State of the Union address as nothing more than big government spending and more tax increases. But a ...
Leahy wants immigration benefits for gay couples
Sen. Patrick Leahy want the government to start affording same sex, married couples the same immigration benefits that heterosexual couples now enjoy.
Analysis: Minimum wage plan a new test for Obama
If anything illustrated President Barack Obama's new sense of self-confidence, it was his State of the Union call for an increase in the national ...
Neighbors prep militaries after NKorean nuke test
North Korea's neighbors bolstered their military preparations and mobilized scientists Wednesday to determine whether Pyongyang's third nuclear test, ...
Analysis: US needs China to get tough on NKorea
President Barack Obama says the U.S. will lead the world in taking firm action against the threat posed by North Korea's nuclear test. But Pyongyang's ...
Netanyahu ally: Diplomacy won't work with Iran
A powerful partner of Israel's prime minister says sanctions and negotiations will not stop Iran from pursuing its disputed nuclear program.
Asia stocks up on strong US corporate earnings
Asian stock markets rose Wednesday after strong U.S. corporate earnings sent the Dow close to its record high. Japanese shares faltered, however, as ...
Obama: Nation stronger, GOP should back his plans
Uncompromising and politically emboldened, President Barack Obama urged a deeply divided Congress Tuesday night to embrace his plans to use government ...
NKorea brandishing nukes to get US to talk peace
The way North Korea sees it, only bigger weapons and more threatening provocations will force Washington to come to the table to discuss what ...
Dow closes at highest level of year, nears record
The Dow rose to its highest close of the year, putting it within 1 percent of its record. Stocks gained after impressive results from two big consumer ...
UN Security Council condemns North Korea nuke test
A united U.N. Security Council strongly condemned North Korea's nuclear test and pledged further action Tuesday, calling Pyongyang's latest defiant ...
January surplus shrinks 2013 US budget deficit
The federal government reported a rare surplus for January and is on track to run the lowest annual deficit since President Barack Obama took office.
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