Hours after enraging Republicans by appointing the head of the new Consumer Financial Protection Bureau while Congress is out of town, President Obama again bypassed GOP opposition in appointing three people to the National...
WASHINGTON (AP) — In a defiant display of executive power, President Barack Obama on Wednesday will buck GOP opposition and name Richard Cordray as the nation’s chief consumer watchdog even though the Senate contends...
(Reuters) – Booming Middle East purchases of U.S. fighter jets will be a bright spot in what is expected to be a sluggish economy in 2012, possibly paying dividends for President Barack Obama’s bid...
With the approval of the Obama administration, an electric car company that received a $529 million federal government loan guarantee is assembling its first line of cars in Finland, saying it could not find...
On the last day of 2011, US President Barack Obama Saturday signed into law measures penalizing foreign financial institutions doing business with Iran’s central bank, Bank Markazi – the toughest sanctions imposed yet over...
MADRID (Reuters) – Spain’s new government said on Friday that this year’s budget deficit would be much larger than expected and announced a slew of surprise tax hikes and wage freezes that could drag...
World stock markets have rounded off a wild and difficult year. The UK FTSE 100 fell 5.6% in 2011, while France and Germany stocks saw falls of 18% and 15% as growing fears for...
Hacker collective Anonymous has just dumped 200 GB of names, email addresses and passwords for around 860,000 Stratfor users. Anonymous also exposed credit card numbers for 75,000 paying customers of Stratfor. Stratfor, a security...
Amid a verbal row with the United States over blocking the Strait of Hormuz, a vital oil shipping route, Iran proclaimed on Friday that it will start testing long range missiles in the Persian...
WASHINGTON (Reuters) – The White House plans to ask Congress by the end of the week for an increase in the government’s debt ceiling to allow the United States to pay its bills on...
