The White House said on Thursday it was still committed to banning risky trading by banks under the so-called Volcker Rule, after Federal Reserve chairman Ben Bernanke appeared to pour cold water on the idea.
The White House said on Thursday it was still committed to banning risky trading by banks under the so-called Volcker Rule, after Federal Reserve chairman Ben Bernanke appeared to pour cold water on the idea.
President Barack Obama has given Democrats and Republicans up to six weeks deliver a health care reform bill for his signature, before considering more aggressive measures, possibly reconciliation.
Stocks recovered most of their losses but ended lower on Thursday after weak employment and durable goods data added to recent worries about the strength of the economic recovery.
U.S. stocks recovered most of their losses but ended lower on Thursday after weak employment and durable goods data added to recent worries about the strength of the economic recovery.
Stocks recovered most of their losses but ended lower on Thursday after weak employment and durable goods data added to recent worries about the strength of the economic recovery.
Sen. Jay Rockefeller of West Virginia unleashed an attack on the health insurance industry and the need for more regulation on Thursday during a health summit of top politicians convened by President Barack Obama.
U.S. stocks suffered their biggest drop in three weeks on Thursday after weak employment and durable goods data added to recent worries about the strength of the economic recovery.
President Barack Obama pleaded for bipartisan agreement at a last-ditch summit to save his healthcare overhaul on Thursday, but quickly clashed with Republicans who urged him to scrap his plan.
U.S. stocks suffered their biggest drop in three weeks on Thursday after weak employment and durable goods data added to recent worries about the strength of the economic recovery.
Sen. John McCain criticized President Barack Obama for allowing the current health care proposals to be created through back door deals.
U.S. stocks suffered their biggest decline in three weeks on Thursday after weak employment and durable goods data added to recent worries about the strength of the economic recovery.
President Obama and a pair of senators from opposing parties agreed on Thursday on the idea that small businesses should be allowed to pool together to lower health insurance costs.
After more than a year of debate on health care reform, President Obama has convened top political leaders in Washington today for a six-hour televised discussion likely to reveal to an even wider audience already firmly entrenched opposing views.
After months of heated battle over healthcare reform in the Congress, leaders in both parties held out little hope for compromise at a bipartisan meeting that will provide a national stage for the arguments fueling the long-running debate.
A Senate science subcommittee clashed with NASA's chief on Wednesday, saying the firm and the White House lacked a clear vision and goal for the program.
Wall St was set for a lower open on Thursday after rating agencies said they may downgrade Greece's sovereign debt, reigniting worries over possible defaults in the euro zone, and an increase in jobless claims fueled concerns about the U.S. economy.
U.S. stock index futures fell on Thursday after rating agencies said they may downgrade Greece's sovereign debt, reigniting concerns over possible defaults in the euro zone.
China's military warned the United States on Thursday to speak and act cautiously to avoid reigniting tensions between the two powers, denying the People's Liberation Army played a part in Internet hacking.
President Barack Obama hosts Republicans and Democrats at a high-level meeting Thursday that seeks to break an impasse over how to revamp the $2.5 trillion U.S. healthcare industry.
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.4 to 0.6 percent, pointing to a weaker start for equities on Wall Street on Thursday.
Key senators pushed for a bipartisan agreement on a package of reforms to tighten rules for financial industry behavior as President Barack Obama on Wednesday blasted critics who call his policies socialism.
