US Futures Pare Losses, but Trend Still Down
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The House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada-to-Nebraska leg of the Keystone XL oil pipeline.
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A judge on Monday invalidated New York City's plan to ban large sugary drinks from restaurants and other eateries, one day before the law was to take effect.
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The president will try to salvage a big deficit-reduction deal this week, battling not only Republican resistance but also complaints from Democrats, the New York Times reports.
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Newark Mayor Cory Booker told CNBC on Friday he's exploring a bid for U.S. Senate because the solutions to problems he's tackled New Jersey's largest city can work at the national level.
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The process in Washington to reach a federal budget compromise has not been based in reality, former OMB Director Jim Nussle told CNBC.
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President Obama is taking Republicans out to dinner tonight. How to read his strategy, with Sen. Joe Manchin (D-WV) and Sen. Mike Lee (R-UT).
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A television consultant claims that former Vice President Al Gore and others at Current TV stole his idea to sell the struggling network to Al-Jazeera.
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Sen. Rand Paul staged an old-fashioned filibuster in an attempt to block the nomination of John Brennan for CIA director, with Sen. Joe Manchin (D-WV) and Sen. Mike Lee (R-UT).
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The Fed's report on the economy reveals that businesses across America say they are slowing hiring because of the Affordable Care Act. Maybe this thing really is a "jobs killer."
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House Speaker Boehner told CNBC's Larry Kudlow that a long-term deal on entitlements is possible, and there's no good reason for the Obama team to have shut down the White House tour.
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The House on Wednesday passed legislation to keep federal funds flowing to government agencies through Sept. 30, seeking to avert shutdowns that otherwise would begin on March 27 when current funding expires.
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President Obama made three major personnel appointments Monday, nominating Walmart's philanthropic head Sylvia Mathews Burwell as White House budget director, Gina McCarthy to lead the EPA and physicist Ernest Moniz to head the DOE.
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While a trader known as the "London whale" has come to represent a multibillion-dollar blowup at JPMorgan Chase, Congressional investigators have discovered that the problems involved more senior levels of the nation's largest bank. The New York Times reports.
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President Obama said Monday that agencies will need to make "very difficult decisions" as a result of sharp spending cuts that went into effect last week and warned that families will be hurt and economic growth will suffer.
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The sequester may have many Americans experiencing longer delays in major airports across the U.S. due to hiring freezes and overtime elimination.
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Four months after Mr. Obama won a second term, the only issue that truly unites Republicans is a commitment to shrinking the federal government through spending cuts, low taxes and less regulation. The NYT reports.
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President Barack Obama raised the issue of cutting entitlements as a way out of damaging budget cuts, as both sides in Washington tried to limit a fiscal crisis that may soon hit America.
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President Obama has selected air quality expert Gina McCarthy to lead the EPA and physicist Ernest Moniz to head the Department of Energy, a White House official said.
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President Obama will meet Friday with the top leaders in the House and Senate, hours past the deadline for averting automatic budget cuts, to discuss how to proceed on divisive tax-and-spend issues.
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Just hours after across-the-board spending cuts officially took effect, Barack Obama pressed Congress to work with him on a compromise to halt a fiscal crisis he said was starting to "inflict pain" on communities.
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It's on: President Obama on Friday signed an order that starts putting into effect across-the-board budget cuts known as the "sequester" after he and congressional leaders failed to find an alternative budget plan.