The number of Americans living below the poverty line rose to a record 46 million last year, the U.S. government said on Tuesday, underscoring the challenges facing President Barack Obama and Congress as they try to tackle high unemployment and a moribund economy.
Taliban fighters fired rockets at the U.S. Embassy and NATO headquarters in Kabul on Tuesday and attacked police in three other areas in the biggest assault the insurgent group has mounted on the Afghan capital.
Car industry executives from around the globe urged Europe's politicians to take bolder steps to solve the bloc's two-year-old debt crisis, warning its single currency could be derailed without more decisive action.
You know what you do when you're in a race? Go for the top dog. Republican presidential candidates did exactly that in Monday night's CNN/Tea Party debate in Florida. En masse, they gunned for front-runner Texas Gov. Rick Perry.
In U.S. politics, he who wins the verbal war often wins the political war, and with the aforementioned in mind, the Republicans are ahead.
U.S. investors remained concerned that Europe's leaders are not getting ahead of the Greek crisis, which could result in a full-fledged Europe bank crisis, even as German Chancellor Angela Merkel, while not committing more German funds to possible intervention, again dismissed talk of a Greek default.
Alarm is growing in the United States at Europe's inability to solve its debt crisis and talk of a full-on Greek default is on the rise. Following are the key events and developments on Tuesday.
At least three sites in Kabul, Afghanistan were attacked Tuesday morning, including the U.S. embassy. Ten attackers, who are thought to be members of the Taliban, unleashed wave of violence in the city, hitting specific targets with guns, rockets and bombs.
Texas Governor Rick Perry, the lead Republican presidential candidate, on Monday tempered earlier comments about Federal Reserve Chairman Ben Bernanke, but held firm in his opposition to more monetary stimulus from the central bank.
Is Rick Perry another GOP presidential candidate fast-rising star who quickly flames out? First, former Massachusetts governor Mitt Romney came out of the gate as as Republican race front-runner, but then he went AWOL. Then, Michele Bachmann, the House Republican from Minnesota, won the Iowa Straw Poll, but that was on the same day that Texas Governor Rick Perry announced his candidacy.
President Barack Obama said he plans to offset the $447 billion cost of his new jobs plan by jettisoning tax breaks for wealthy Americans, prefiguring a clash with Republicans who have opposed similar measures in the past.
Two American men sentenced in Iran last month to eight years in prison on spying charges will be freed in two days, Iranian President Mahmoud Ahmadinejad has told a U.S. television network.
Prospects for job seekers are gloomier in most major economies than they were three months ago, as weak U.S. and European economies begin to affect employers' confidence in other parts of the world, according to a quarterly hiring survey by ManpowerGroup.
Republican presidential hopefuls meet in Florida on Monday for another debate that is likely to see front-runners Rick Perry and Mitt Romney jockeying for the lead.
The future of the $450-billion jobs stimulus looked bleak after President Barack Obama unveiled a plan to raise taxes, reduce exemptions and repeal various oil subsidies in order to pay for the package.
On the day President Barack Obama sent his $447 billion jobs bill to Congress in a bid to solve America's unemployment problem, the Bank of America delivered an economic blow -- announcing plans to slash as many as 30,000 jobs.
State lawmakers in North Carolina Monday moved ahead on a proposed constitutional amendment defining marriage between a man and woman.
So far, relatively few states have made progress in establishing the health insurance exchanges that represent a central piece of the federal health care reform bill.
Finally, U.S. President Barack Obama is wearing his job, acting and talking with a plan and swagger becoming of his office. After unveiling a massive jobs plan to get America out of its nine percent unemployment and flat growth doldrums late last week, Obama is pushing Congress to get it done or get out of the way so America can get moving again.
The budding rivalry of Republican presidential contenders Rick Perry and Mitt Romney takes the spotlight on Monday when the party's White House hopefuls meet in Florida for their second debate in less than a week.
Business leaders and former government officials urged President Barack Obama on Monday to go big with his recommendations to a congressional panel tasked with slashing America's debt.
Will the Tea Party faction-dominated Republican Party try to find common ground with President Barack Obama and pass a much-needed jobs bill?
