A group of Republican lawmakers opened another front in a battle against the Federal Communications Commission's Internet traffic rules, filing a resolution of disapproval on Wednesday.
Three items totaling about $2.4 trillion combine for nearly two thirds of President Barack Obama's proposed $3.7 trillion 2012 fiscal year budget.
An American jailed for shooting two Pakistanis is shielded by diplomatic immunity, a Pakistani official said Wednesday, but local courts are likely have the final say in a case that has ignited a bruising row between two strategic allies.
Anti-government protests inspired by popular revolts that toppled rulers in Tunisia and Egypt are gaining pace around the Middle East and North Africa despite political and economic concessions by nervous governments.
Treasury Secretary Timothy Geithner said on Tuesday that the United States needs to cut the corporate tax rate substantially with a goal in the high 20 percent range, down from the current 35 percent. A day after the White House unveiled a budget that seeks to trim the country's massive deficit, Geithner reiterated that the Obama administration
U.S. President Barack Obama on Tuesday condemned Iran's crackdown on protesters inspired by Egypt's popular uprising and urged friends and foes across the Middle East to take heed of their peoples' aspirations for democracy.
A key congressional panel charged with overseeing financial matters plans to question Fannie Mae and Freddie Mac executives over their multimillion-dollar compensation packages paid for by U.S. taxpayers.
Iran’s president Mahmoud Ahmadinejad has dismissed anti-government protests across his country as getting “nowhere” and warned that he will punish the rally organizers.
Wide differences between rich and poor countries may frustrate France's hope of taking a bold step toward stabilizing the global economy at a Group of 20 finance ministers meeting this week.
President Barack Obama on awarded the Medal of Freedom - the highest civilian honor the U.S. government can give - to 15 recipients.
U.S. President Barack Obama said on Tuesday Pakistan must respect the diplomatic immunity of a U.S. consular employee jailed for shooting dead two Pakistanis, in a case straining ties between the allies.
Senate Majority Leader Harry Reid D-NV said on Tuesday that his aims with the 2012 budget are to bring down the deficit while keeping our economy moving in the right direction.
Wide differences between rich and developing countries may frustrate France's hope of taking a bold step toward stabilizing the global economy at a Group of 20 finance ministers meeting this week.
In the highly politicized U.S. battle over pensions and health care, leading Republican lawmakers will take the first crack at the long-term financial problems at least by next late next month, according to Rep. Eric Cantor R-VA.
Robert W. Baird said it remains generally cautious on the post-secondary group given regulatory risk and deteriorating fundamentals.
Though the budget makes a start in the deficit reduction front, it avoids addressing some really big questions, according to Nigel Gault, chief U.S. economist at IHS Global Insight.
Jefferies & Co. said the President's proposed fiscal 2012 budget, announced Monday should provide a modest boost to quite poor investor sentiment around government technology spend.
President Barack Obama's budget plan, proposed on Monday, would make air travelers pay more for the “passenger facility charge, aiding the U.S. government to finance airport projects related to safety and expansions.
The Internal Revenue Service would get an additional 5,100 employees under President Barack Obama's increased budget request, setting up a clash with Republicans who advocate cuts for the tax collection agency.
President Barack Obama revived earlier proposals to raise tens of billions of dollars by cutting tax breaks enjoyed by America's biggest companies, ideas that have floundered in Congress for several years.
President Barack Obama on Monday proposed spending almost $110 billion on Afghanistan, signaling little let-up in the U.S. war drive despite demands for tougher spending controls at home.
The top government auditor for bailouts of U.S. financial firms and automakers on Monday resigned his position as the $700 billion Troubled Asset Relief Program winds down.
