Facing a deadline to avoid a ruinous default, congressional leaders on Saturday braced for a tense weekend of negotiations to try to reach a compromise on a measure to increase in the country's $14.3 trillion debt limit.
Think a U.S. Government default on its debt won't affect you immediately? Think again: a default would likely weaken the dollar substantially, pushing up oil prices almost immediately, and that would send already-high U.S. gas prices to the stratosphere.
Muslims in Norway number about 200,000, only about 4 percent of the country?s population. They come from across the Arab world, as well as Iran, Turkey, Pakistan, Kenya and Somalia.
When President George W. Bush learned that two planes had barreled into the World Trade Center buildings on Sept. 11, 2001, he was sitting in front of a group of children reading aloud. So as to not cause alarm, he remained calm and stoic. And for it, he received much flak.
No deaths were reported, although there were some injuries.
Anders Behring Breivik, the man who killed scores of people in Norway in two separate attacks, told Oslo police that he had many more targets in mind for his murderous rampage.
Two Yemeni army colonels, five soldiers and seven Islamist militants died overnight in fighting in southern Yemen, while artillery and air raids killed 15 pro-government tribesmen by mistake, local and tribal officials said on Saturday.
Senate Democrats aimed to seize the initiative in efforts to head off a ruinous debt default by pushing their deficit-cutting plan on Saturday toward a possible compromise with a divided Republican Party.
The mouthpiece of the Chinese Communist Party has castigated the United States' handling of its debt crisis as "irresponsible" and "immoral," saying in a Saturday editorial that the U.S. democratic system was to blame for the "farce."
The latest poll conducted by Pew Research Center for the People & the Press, from July 20-24 among 1,501 adults and 1,205 registered voters, shows that 41 percent of registered voters would like to see Barack Obama reelected, while 40 percent would prefer to see a generic Republican candidate.
He is the author of "The buck stops here." And: "If you can't stand the heat, get out of the kitchen!" And: "If you want a friend in Washington, get a dog." Sounds like the perfect person to solve the U.S.'s seemingly intractable debt deal crisis.
A Federal Judge on Friday ordered the release of the transcripts of the 36-year-old secret testimony that former President Nixon gave to the grand jury following the infamous Watergate scandal. The transcripts will enable historians and scholars to gauge the extent of Nixon's role in the affair - a subject of popular speculation.
The Democrat-led U.S. Senate on Friday voted to, in effect, block a bill passed in the House by the Republican Majority that would have raised the U.S. federal debt ceiling in a two-stage process.
Lawmakers were still unable to reach an agreement on the U.S. debt ceiling on Friday, but there is no arguing that the dollar's safe-haven appeal should remain trumped by the Swiss franc and Japanese yen.
They have been accused of holding Washington hostage by pushing the United States to the brink of a damaging debt default. The world is watching anxiously as the debt impasse drags on.
The House of Representatives has passed a bill to raise the U.S. debt ceiling and cut federal spending, although Democrats have already vowed to defeat the measure ahead of an August 2 deadline.
The House of Representatives approved a Republican plan to cut the budget deficit on Friday that is doomed to defeat in the Senate but which could pave the way for a bipartisan compromise to avert a U.S. debt default.
An AWOL Army Pfc. Naser Jason Abdo was charged with possession of an unregistered destructive device in a Texas court on Friday, and yelled out the name of Fort Hood shooter Maj. Nidal Hasan in court.
Batman, Turkey is a troubled province, home to violence and unemployment.
In a simple ceremony on Friday in Louisiana's French Quarter, former Gov. Edwin Edwards, who celebrates his 84th birthday next month, married a 32-year-old woman who befriended him during his federal prison sentence for bribery and extortion, the Associated Press reported.
As Congress remains locked in a bitter stalemate, the White House is quietly working to prioritize its financial obligations in preparation for the possibility that the government will no longer borrow money to pay its bills.
Libya's rebel military commander was shot dead in an incident that remained shrouded in mystery, dealing a blow to Western-backed forces labouring in a campaign to topple Muammar Gaddafi.
Buried explosives were unearthed outside Seoul
Bogdan Klich quit after the report placed mcuh of the culpability for the disaster on inadequate pilot training.
With four days left before the United States hits its debt limit, Republicans pressed ahead with a deficit plan that cannot pass Congress and President Barack Obama told lawmakers to stop wasting time and find a way "out of this mess."
Christine Lagarde, managing director of the International Monetary Fund, said the dollar may weaken if the U.S. Congress fails to raise the U.S. debt ceiling.
An Australian woman is suing her former employer over "overnight" injuries sustained on a business trip.
With America edging closer to a default and a downgrade in credit rating, some realizations are starting to hit America's youth about their future. The consequences of the partisan squabbling of their parents' generation may leave them with little to inherit and much to despise.
After initially declining President Barack Obama's May offer to accompany him at memorial services at Ground Zero, former President George W. Bush has changed his mind, saying he will stand side-by side with the commander-in-chief to commemorate the 10th anniversary of the Sept. 11 attacks.
Potentially ineffective or unsafe medical devices are making their way to patients because of lax regulations, a report by the nonprofit advisory group U.S. Institute of Medicine concluded.
