President Barack Obama faces a powerful backlash from his own party for a proposed debt bargain that Democrats see as Obama handing a major victory to Republicans without preserving Democratic priorities.
Stocks were little changed on Friday as a profit miss from Caterpillar and disappointing sales from Microsoft offset strong earnings from GE and McDonald's and a new deal to help Greece.
The United States will repeal a 1993 law that prohibits openly gay or bisexual people from serving in the military. Defense Secretary Leon Panetta and Chairman of the Joint Chiefs of Staff Adm. Mike Mullen have decided to recommend to President Barack Obama to repeal the Act..
The Gang of Six group of U.S. senators was finally able to agree to a deficit-reduction plan on Tuesday, but House Majority Leader Eric Cantor, R-Va., only give it a mixed review, citing his concern about the plan's revenue target while saying it proposes some constructive ideas.
Stock index futures pointed to a lower open on Friday as a profit miss from Caterpillar and disappointing sales from Microsoft overshadowed strong profits from GE and McDonald's and a new deal to help Greece.
Stock index futures were little changed on Friday as Caterpillar's profit missed estimates, offsetting a strong report from GE and an agreement on a Greece rescue package.
Stock index futures were little changed on Friday as Caterpillar's profit missed estimates, offsetting a strong report from GE and an agreement on a Greece rescue package.
President Barack Obama, D-Ill. and Speaker John Boehner, R-Ohio moved closer toward a landmark debt deal late Thursday -- one that would avoid a U.S. default and implement major tax code changes, if approved. However, aides to both were lowering expectations, given the importance of the talks, so as to not jeopardize delicate negotiations within each caucus.
The ongoing healthcare reforms cannot be isolated from the controversy that has exposed President Barack Obama's desperation to tag along his mother, who was often portrayed as a victim of health care insurers.
World stocks hit a two-week high on Friday and the euro and oil prices rose after European leaders agreed on a package to rescue Greece that hopes to prevent the region's debt crisis from deepening.
Global warming, a detectable trend in the 1980s and 1990s, all but disappeared in the 2000s.
Stocks advanced on Thursday, powered by financials after Morgan Stanley reported better-than-expected results and on apparent progress on debt deals in Europe and the United States.
Many of the amateur fundraisers who helped finance President Barack Obama's 2008 campaign will not return for the 2012 push, disillusioned by a perception that what was once a grassroots, outsider campaign has morphed into a big-money operation, Politico reported.
As the space shuttle Atlantis safely landed at 5:57 Thursday morning at Kennedy Space Center, it marked the end of one era of American space exploration.
When the space shuttle Atlantis safely touched down at 5:57 Thursday morning at Kennedy Space Center, it marked the end of one era of American space exploration.
House Speaker John Boehner, R-Ohio, has his hands full regarding the 'Gang of Six' debt plan. Most Tea Party members of his caucus are likely to oppose it, but if Boehner can recruit enough moderate Democrats to offset Tea Party opposers, the plan should pass the U.S. House -- its likely final hurdler before the bill heads to President Obama.
Texas inmate Mark Stroman was executed on Wednesday night for hate crimes, making him the seventh person to be executed in the state this year.
US first lady Michelle Obama will appear on ABC show 'Extreme Makeover: Home Edition', the network said on Tuesday.
A La Mesa, Calif.-based man's conviction of making threats against then-presidential candidate Barack Obama was reversed by the U.S. 9th Circuit Court of Appeals on Tuesday.
Six Republican White House hopefuls unleashed a torrent of 140-character policy pronouncements on jobs, government debt and the Tea Party on Wednesday during the first presidential debate on Twitter.
U.S. Secretary of State Hillary Clinton has advised India to take a more assertive role in Asia.
The Democrats are invoking former President Ronald Reagan's willingness to compromise as they work to complete a deal on deficit reduction.
