President Barack Obama proposed a budget on Monday that would cut the U.S. deficit by $1.1 trillion over 10 years, setting the stage for a bitter fight with Republicans who vow even tougher spending controls.
U.S. stocks fell on Monday after posting two straight weeks of gains that drove indexes to new multi-year, although a recent pattern of buying on market declines was likely to continue.
President Barack Obama will push his priorities for the 2012 federal fiscal year budget on Monday. Some of the cuts include programs for low income people and education in a budget that will cut the federal deficit by $1.1 trillion over the next 10 years.
The global airline industry will also likely see 800-million more travelers by 2014, and more than a quarter of them will come from China.
Detroit tops the list of fastest growing metropolitan areas for technology jobs, according to a report by Dice.com - a career Web site for technology and engineering professionals and companies in the US.
U.S. stocks were set to dip on Monday after posting two straight weeks of gains that drove indexes to new multi-year highs and some investors worried the market was overextended.
Japan's economy shrank slightly in the final quarter of 2010 but analysts expect a recovery this year as stronger exports to China and other parts of fast-growing Asia offset persistently weak domestic demand.
China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.
Futures on major U.S. stock indices point to a mixed opening on Monday, after indices recorded a second straight week of gains on Friday.
No 'safe' level of consumption of energy drinks has been established for children, adolescents and young adults, says the report from the medical journal.
China’s trade surplus fell 53.5 percent to $6.45 billion in January, as both exports and imports increased sharply ahead of the Lunar New Year holidays in the country, the General Administration of Customs said on Monday.
China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.
China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.
The federal Pell Grants program may witness cuts up to $100 billion, according to Jacob Lew, director of the Office of Management and Budget.
World stocks edged toward last week's 30-month high on Monday as China's shrinking trade surplus underscored its robust domestic demand and talk of slower-than-expected inflation eased policy tightening concerns.
The proposed deal between the New York Stock Exchange Euronext and Deutsche Börse AG that would create the world's largest financial exchange has apparently run into some controversy with New York Senator Charles Schumer's unintended revelations on post-merger management authority.
Japan's gross domestic product (GDP) growth rate fell 1.1 percent in the fourth quarter of 2010 on annual basis, recording its first contraction in five quarters, the Cabinet Office said on Monday.
Arizona congresswoman in rehabilitation trying to master speech again by mouthing the lyrics to nursery rhyme Twinkle Twinkle Little Star and Happy Birthday
Japan officially confirmed on Monday that it lost its rank as the world's second largest economy to China in 2010.
Asian stocks rallied on Monday, snapping five straight sessions of losses, as talk of slower-than-expected Chinese inflation helped drive Shanghai's main share index to its best level in seven weeks.
Japan's economy shrank slightly in the final quarter of 2010 but analysts expect a recovery this year as stronger exports to China and other parts of fast-growing Asia offset persistently weak domestic demand.
Hundreds of anti-government protesters, inspired by the mass uprising in Egypt, clashed with police blocking them from marching to Yemen's presidential palace in Sanaa on Sunday, witnesses said.