The Obama administration is closely watching the economic fallout from Egypt's political crisis and believes progress toward democratic reforms would help stem economic instability, a U.S. official said on Wednesday.
The U.S. House Republicans will unveil their proposed budget cuts on Thursday for the remaining of fiscal 2011. The steep cuts proposed for energy and environmental programs foreshadow the continued trends that will dominate the foreseeable future, FBR Capital Markets said in a note to clients.
President Barack Obama will unveil his plans to expand high-speed wireless service to at least 98 percent of Americans within five years, while reducing the U.S. deficit by about $10 billion over the next decade.
Federal Reserve chairman said the risk of inflation was “quite low” and that higher prices in emerging markets were unlikely to spill over into the U.S.
President Barack Obama will propose giving financial relief to U.S. states struggling with high unemployment insurance debt, the White House said on Tuesday, hoping that a lifeline now will avoid bailouts later.
The White House unveiled plans to spend $53 billion over the next six years on bringing high-speed rail service to 80 percent of Americans within 25 years, though House Transportation Committee chairman John Mica and Railroads Subcommittee chairman Bill Shuster expressed reservations over its future benefit.
Obama kicked smoking habit almost a year back and didn’t have had a cigarette since then, says first lady Michelle Obama.
President Barack Obama stepped up efforts to woo the U.S. business community on Monday, seeking its help to tackle burdensome corporate taxes in a speech to a business group that has long been a fierce critic.
President Barack Obama called on U.S. businesses on Saturday to do more to boost the economy by hiring more workers and making investments.
US Republican Sarah Palin, known for her fiery speeches, has once again invoked controversy with her criticism of the Obama administration regarding its handling of the current situation in Egypt.
Egypt's ruling VP, Omar Suleiman, has recently survived an assassination attempt although it left two of his bodyguards dead, a media report said.
Egypt's government struggled to regain control of an angry nation, inviting Islamist opponents to political talks as protesters demanding the overthrow of Hosni Mubarak battled with his supporters on the streets.
President Barack Obama is tracking the monster storm which swept through the central U.S. yesterday and today and is making in impact on the northeast.
The Egyptian military has told protesters on Wednesday that they are the ones who can help Egypt to return to normal life, a day after President Hosni Mubarak said he would step down in months.
After Egyptian President Hosni Mubarak said on Tuesday he would stay in power for months until stepping down by the next election, President Barack Obama called for a new government in Egypt and said an orderly transition must be meaningful, peaceful and begin now.
In direct defiance of her father’s policies and views, Barbara Bush, one of former President George W. Bush’s twin daughters, supports gay marriage. She has taped a video which calls for the state of New York to legalize same-sex marriage.
Three big tech companies, HP, Intel and IBM, put their money into funding start-ups as part of a White House campaign.
U.S. Ambassador to China Jon Huntsman has told the White House he plans to resign, fueling speculation he may be laying the groundwork to run for the Republican presidential nomination in 2012.
The White House will announce an effort on Monday to encourage job-creating start-up businesses in hopes of reducing the country's stubbornly high unemployment rate.
The death toll in Egypt rose by as much as over 100 by Saturday, as anti-government protests extended for the fifth day in an attempt to pressure President Hosni Mubarak to step down.
President Barack Obama and an 11-person team met in the White House on Saturday to discuss the situation in Egypt as he called again for non-violence, restraint, support for rights and political reform in the country.
President Barack Obama has stated that he urged Egyptian President Hosni Mubarak that he must carry out the reforms he pledged to carry out for the Egyptian people.
