(Reuters) – Senate Republican leader Mitch McConnell on Thursday prevented a simple majority vote on a proposal to give Democratic PresidentBarack Obama unilateral power to raise the debt limit. Senate Majority Leader Harry Reid brought...
President Obama threw down a warning to House Speaker John Boehner on the U.S. debt ceiling, tell business leaders he “won’t play that game” if Republicans in Congress try to use the debt ceiling...
More than 200 people have been detained in Jordan after taking part in anti-austerity protests last month.
A Detroit city council member is asking President Obama to bail out the financially troubled city in return for residents’ overwhelmingly supporting his successful re-election bid. “There ought to be a quid pro quo,”...
Fact: Young and jobless – 14.4% of those in early 20s were unemployed in 2011. The national rate was 8.5%
George Osborne is dealt a blow on the morning of the Autumn Statement as a key survey of Britain’s services raises the prospect of a “triple-dip” into recession. An unexpected slowdown in Britain’s vast...
A U.N. conference that kicked off today in Dubai has sparked fear of Internet censorship in the U.S. — something U.S. Ambassador Terry Kramer said he is doing everything in his power to prevent....
(CNN) – House Speaker John Boehner painted a bleak picture Sunday when talking about fiscal cliff negotiations between the White House and Republicans. “Right now I would say we’re nowhere. Period. We’re nowhere. We’ve put...
A possible $1 trillion bailout is coming—and soon. America’s now-nationalized student loan industry just reached a value of $1 trillion, according to Citigroup, growing at a 20 percent-per-year pace. Since President Obama nationalized the...
(Reuters) – Mexico’s new president takes office on Saturday seeking to shift the focus away from a grisly drug war and onto economic reforms aimed at sparking fast growth and pulling the country out...
