The trade deficit widened slightly more than expected in December, and the bilateral trade deficit with China last year soared to a record high $295.5 billion.
French President Nicolas Sarkozy is up for re-election this year. He faces stiff competition from both the Socialist Party and the extreme right National Front. With France's economy in shambles, Sarkozy's re-election prospects look slimmer every day.
California Attorney General Kamala Harris, a veteran prosecutor with acute political instincts and a reputation for thick skin, gambled big in the settlement negotiations with banks over illegal foreclosures.
Washington, DC -- Ron Paul typically generates one of the largest followings at the annual Conservative Political Action Conference (CPAC), but the Republican presidential candidate decided to eschew the event in favor of campaigning in Maine.
Greece's debt crisis on Thursday dominated the first day of Italian Prime Minister Mario Monti's visit to the United States, as he urged the International Monetary Fund to be more lenient with Athens in bailout talks to prevent a big potential explosion.
Which party, Democratic or Republican, while in the White House, creates more jobs, on a per year basis? The answer may surprise you.
President Barack Obama assured Italian Prime Minister Mario Monti on Thursday that the United States will do whatever it can to help stabilize the situation in the euro zone, which he said demanded a more muscular approach to fighting its debt crisis.
Greece's debt crisis on Thursday dominated the first day of Italian Prime Minister Mario Monti's visit to the United States, as he urged the International Monetary Fund to be more lenient with Athens in bailout talks to prevent a big potential explosion.
The House of Representatives on Thursday overwhelmingly passed new curbs on insider trading by lawmakers and other government officials despite complaints from Democrats and some Republicans that key anti-corruption provisions were dropped.
Republicans expressed frustration Thursday at the slow pace of negotiations over extending a tax break for workers that expires at the end of the month, accusing President Barack Obama and Senate Democrats of blocking agreement.
President Barack Obama announced Thursday that 10 states have been exempted from certain requirements of the federal education law known as No Child Left Behind, allowing them the freedom to determine their own methods for raising education standards.
President Barack Obama said on Thursday he was granting 10 states exemptions from parts of the No Child Left Behind education law, a move that could prove popular in an election year with parents and teachers who have criticized the law - but raises concern among some advocates for low-income and minority students.
The mandate under the Affordable Care Act requires Catholic-affiliated institutions like hospitals and colleges to offer health care plans that cover contraception at no cost.
Ford Motor Co. on Thursday named former 2012 Republican presidential candidate and former Utah Gov. Jon Huntsman to its board of directors. The appointment gives Huntsman another job as he backs out of the public spotlight back into the private sector. And it gives Ford another established, high-profile board member with political ties.
Sen. Ron Wyden, D-Ore., has joined a chorus of critics demanding that the Obama administration release its legal justification for assassinating the radical Muslim cleric Anwar al-Awlaki, a U.S. citizen, in Yemen.
The massive $26 billion mortgage settlement between states and banks is designed to help millions of American homeowners -- but not everyone is eligible.
Gutierrez called out Gingrich for labeling President Obama the food stamp president (watch here), and revealed the actual food stamp president was not a Democrat, but a Republican: George W. Bush. Gutierrez also tore into the former Speaker on Wednesday for relying on politically punchy and racially volatile props to sustain his presidential campaign.
Ron Paul's 2012 campaign will see 1,000 veterans marching on the White House in support of the Republican presidential candidate on Feb. 20 for an event called Ron Paul is the Choice of the Troops.
The top Republican in the Congress on Wednesday denounced President Barack Obama's new rule on contraceptives as an assault on religious freedom and vowed to overturn it, as the White House sought to prevent the issue from becoming an election-year liability.
The announcement caps more than a year of chaotic negotiations among state and federal officials, and the banks, who have been accused of using robosigners and unlawful documentation to deal with a flood of foreclosures.
Obese Americans in the military are a national security hazard and first lady Michelle Obama wants to see that change. Obama, who has spearheaded a healthy eating and fitness program for children for two years, will lend her voice on Thursday to the military's efforts to overhaul the food it serves.
What did actually go wrong with Romney? How did he lose the aura of inevitability that surrounded him? Despite having the money and a strong organization, why are his acceptability and ratings heading south?
