MICHIGAN

President Barack Obama said on Saturday that bitter fights between Democrats and Republicans in Washington were hurting the economy and he urged lawmakers to embrace compromise in order to boost job growth.

Gold and silver prices retreated Friday as investors shrugged off weak consumer sentiment data to step back into stocks and give the S&P 500 a two-day winning streak for the first time since mid-July.

U.S. consumer confidence plunged in August, according to the latest reading. The level is the lowest since 1980.

House Minority Leader Nancy Pelosi, D-Calif., rounded out the super committee by announcing her three House Democratic members for the special bipartisan board. Now the tough work begins: reducing the deficit by at least another $1.5 trillion over 10 years, and as far as the financial markets are concerned, the sooner the reduction is announced, the better.

President Barack Obama distanced himself from a deeply divided U.S. Congress on Thursday, pledging to deliver fresh ideas to create jobs and slamming lawmakers for "bickering" that gets in the way of recovery.

With the appointment of nine of 12 members, the "super committee" charged with reducing the budget deficit by at least another $1.5 trillion is taking shape. The body could help stabilize the financial markets by announcing a ?quick-start? agreement on additional debt reduction.

Law graduates from two of the country's biggest schools filed class action suits against their alma maters alleging that the schools were inflating employment and salary statistics to lure students.

A quick look at the GOP members chosen to help tackle the country?s financial problems.

An American spy novelist is disputing the details of the raid that took down the world's "Most Wanted" terrorist leader Osama bin Laden

A Nigerian-American man pleaded guilty on Tuesday to stowing away on a commercial airline flight from New York to Los Angeles in an incident that revealed an apparent lapse in airport security.

An international team of researchers has found the strongest evidence yet that parts of North America and Antarctica were connected 1.1 billion years ago, long before the supercontinent Pangaea formed.

The massive importation of African slaves to the New World, and subsequent social interactions over five centuries has raised questions about who is really ?black.?

NASA is seeking proposal to launch small cube-shaped satellites to fly on rockets between 2012 and 2014.

Feedback from fellow physicians helped doctors do fewer unnecessary tests on newly diagnosed prostate cancer patients in a study aimed at improving health care quality and consistency.

U.S. Centers for Disease Control (CDC) continues to investigate the outbreak of Salmonella poisoning that spread across 26 states linked to ground turkey, as meat manufacturer Cargill pulls 36 million pounds of meat in the second-biggest recall in U.S. history.

Severe heat wave grips US

A scary drop in stocks and commodities threatens to squeeze life out of an already faltering U.S. economy, with deal-making, investment in plants and equipment, and capital raising at risk of slowing down or freezing up.

Charles "Bubba" Smith, an NFL lineman who won a Super Bowl with the Baltimore Colts and had a second career acting in several "Police Academy" films, has died. He was 66.

Charles "Bubba" Smith, a 66-year-old actor who was well-known for his performance in Police Academy shot in 1984,,was found dead at home in L.A. on Wednesday.

Charles "Bubba" Smith, a 66-year-old actor who was well-known for his performance in Police Academy shot in 1984,,was found dead at home in L.A. on Wednesday.

U.S. states are making "unprecedented" cuts to unemployment benefit programs, hoping to keep their budgets in line as the country's jobless rate shows no sign of budging, according to a report the National Employment Law Project released on Wednesday.