BARACK OBAMA

'The prospect of their entry into the fray should be causing queasiness for the Establishment big three of Romney, Pawlenty, and Jon Huntsman, none of whom has demonstrated even the capacity to generate faint sparks,' according to New York Magazine feature writer John Heilemann.

Former Pennsylvania Senator Rick Santorum launched his bid for the Republican Party's presidential nomination for the 2012 election, defending his principles despite a losing his seat in 2006, backing a Republican plan to change Medicare for future seniors to let them purchase private health insurance.

Members of President Barack Obama's national security team are calling for an accelerated drawdown of U.S. troops in Afghanistan, according to the lead story in today's New York Times.

India is close to awarding a $4-billion defense contract to the U.S. to purchase ten C-17 Military aircraft, according to a report in the Associated Press.

In an apparent protest against the NATO and Obama administration, the LulzSec group announced the breach of FBI affiliate website, the Atlanta chapter of Infragard. The group raised claims that they have taken “complete control” over the website and has “defaced it”. They also announced that the data including passwords obtained from infragardatlanta.org would prove useful for them to hack into other FBI affiliates, since a lot of users tend to reuse their passwords even though the practice is ...

President Barack Obama should clarify the U.S. role in the conflict in Libya, demanded the House of Representatives on Friday. However, it rebuffed an attempt to force him to end America's military involvement in the country.

Republican presidential candidate Tim Pawlenty on Tuesday will lay out his plan detailing how he would balance the federal budget and reshape the nation's tax code, The AP reported

A resurgent automobile industry vindicates the government's issuing a bailout, President Barack Obama said during during a speech at a Chrysler plant in Toledo, Ohio today.

“Look he’s a nice guy, he’s well spoken he could talk a dog off a meat wagon and yet he hasn’t delivered,” said Mitt Romney, referring to President Barack Obama.

A public share offering for Chrysler Group LLC is more likely to occur in 2012 than this year because the automaker needs a longer track record of performance, the company's chief executive said on Friday.

Former Illinois governor Rod Blagojevich testified during his corruption trial today that he offered a vacant Senate seat in exchange for a rival lawmaker's cooperation on legislation Blagojevich coveted.

Republican presidential candidates seized on a new report showing anemic job growth to criticize Obama's stewardship of the economy.

Employment rose far less than expected in May to record its weakest reading since September, while the jobless rate rose to 9.1 percent as high energy prices and the effects of Japan's earthquake bogged down the economy.

The cries of New York's political establishment fell on deaf ears in the Republican controlled House of Representatives where a bid to end homeland security grant cuts and reserve reduced funding for terror target cities was struck down.

The Treasury said on Thursday it reached an agreement to sell its remaining 6 percent equity stake in Chrysler to Italy's Fiat in a deal that will net Washington $560 million.

The top after-market NASDAQ Stock Market gainers are: MicroStrategy, Fortinet, Universal Display, Team, and Education Management. The top after-market NASDAQ Stock Market losers are: Charming Shoppes, Isle of Capri Casinos, Stereotaxis, Pacific Biosciences of California, and Clearwire.

U.S. employment probably lost steam in May as high energy prices and the effects of Japan's earthquake bogged down the economy.

Italian automaker Fiat SpA is nearing a deal to buy the U.S. Treasury's remaining 6 percent stake in Chrysler Group LLC and could pay more than $500 million, the Wall Street Journal reported on Thursday.

The United States vows to represent an obstacle in the representation of a Palestinian state at the UN.

House Republicans crafted legislation today that would authorize the U.S. military's continued involvement in the NATO-led campaign in Libya, heading off a rising wave of dissent from lawmakers seeking an end to the conflict.

A group of House Democrats sent a letter to President Barack Obama urging him to appoint Elizabeth Warren to head the new Consumer Financial Protection Bureau during the upcoming congressional recess.