President Barack Obama will nominate Harvard economist Jeremy Stein and Jerome Powell, an investment banker and former Treasury official, to the two empty seats on the Federal Reserve's policy-setting board of governors.
President Barack Obama will nominate Harvard economist Jeremy Stein and Jerome Powell, an investment banker and former Treasury official, to the two empty seats on the Federal Reserve's policy-setting board of governors.
In the latest survey, 47 percent of America approve how Obama is doing his job. The results are the highest for Obama, the Democratic president seeking a second term, since July of this year. Also, it's a five percent improvement since the last Gallup survey, taken Dec. 16-18.
The Obama administration plans to seek an increase in the nation's borrowing power, less than half a year after a debt ceiling debate cost the U.S. its stellar credit rating and brought government to a dead halt.
The Obama administration is debating allowing Yemen's outgoing president, Ali Abdullah Saleh, to travel to the U.S. for medical treatment, a senior administration official said Monday.
In a 2006 newsletter from his former consulting company, the Center for Health Transformation, Newt Gingrich praised Mitt Romney's Massachusetts health care plan, and specifically the individual mandate.
Both Rick Perry and Newt Gingrich have been ousted from the primary after failing to collect enough valid signatures to run, and while Perry's campaign has been over for months, the loss of Super Tuesday state Virginia for Gingrich is a devastating blow. Months after he was declared dead-on-arrival, is Gingrich's comeback already over?
U.S. President Barack Obama's campaign set a goal of raising $60 million in the fourth quarter of the year to benefit the Democratic incumbent's re-election and the Democratic National Committee, a campaign official said on Saturday.
After 44 presidents and well over two centuries, Americans have spent a great deal of time ranking their current and former leaders. Names like George Washington and Abraham Lincoln naturally rise to the top after benefiting from the kindness of history and a sense of mammoth achievement. But what of the last eight decades or so?
Huge U.S. corporations are forming lobbying groups to try to influence what could become the hottest congressional debate over comprehensive tax reform in a generation.
President Barack Obama has options to kill or delay the Canada-to-Texas oil sands pipeline despite language in the payroll tax bill that forces him to make a decision on a permit by late February.
Nearly all 2012 Republican candidates - Ron Paul, Newt Gingrich, Mitt Romney and others - claim they are fiscal conservatives. That is, they promise to cut the U.S. national debt through reduced government spending.
The year began with a shooting in Tucson, Ariz., that left six people dead and 14, including U.S. Rep. Gabrielle Giffords, injured, and it ended with the last troops coming home from Iraq. It began with Congress deadlocked over spending and taxes and ended with Congress, well, deadlocked over spending and taxes.
Congress approved a two-month extension of the payroll tax cut and unemployment benefits, after a prolonged partisan battle on Capitol Hill. The stop-gap measure buys Congress and the White House more time to negotiate a longer-term extension.
The temporary payroll tax fix gives President Barack Obama and the Democrats a political win over Republicans
Washington's ability to mediate the Israeli-Palestinian conflict became more complicated Thursday after the militant Palestinian group Hamas announced plans to join the Palestinian Liberation Organization (PLO), furthering its reconciliation with rival Palestinian faction Fatah.
Say what you want about Ron Paul 2012 and the candidate's loyal legion of followers. We can debate political positions. But there's no debate that Ron Paul's people are the most passionate in this land.
As many Americans put off holiday shopping until the last minute, Republican primary voters continue to browse the various candidates looking for the perfect fit, said FBR Capital Markets.
U.S. stock index futures point to Wall Street edging higher Friday, extending a rally into a fourth session, as labor market and other data in the United States pointed to a strong economic recovery.
The economy is gaining momentum and should push through next year with only a few bruises despite an almost certain European recession and slower global growth.
Congress, after months of bitter fighting, is poised to pass Friday a payroll tax cut extension that President Barack Obama argues is vital to the health of the economy.
House Speaker John Boehner, R-Ohio, signaled that if the payroll tax reduction extension deal is not approved by the House via unanimous consent on Friday, he'll call the House back into session for a vote next week. Odds are, given the tax cut's popularity, the House GOP will approve it Friday, but as Yogi Berra famously said, It ain't over til it's over.
