Obama's approval rating may have hit a new low, but he still attracted big money Democrats at a fundraiser in Manhattan.» Read More
U.S. Treasury Secretary Jack Lew urged Congress Friday to increase the debt ceiling, saying the Treasury is not confident extraordinary measures will last beyond Feb. 27.
The rapidly strengthening economy that Democrats had hoped for before the midterm elections may not materialize, POLITICO's Ben White says.
US mutual funds with heavy exposure to Puerto Rico bonds have sold off some of the cash-strapped island's debt.
Moody's Investors Service downgraded Puerto Rico's general obligation debt rating to junk status on Friday.
U.S. mutual funds with heavy exposure to Puerto Rico bonds have sold off some of the cash-strapped island's debt to meet investor redemption demands.
A second month of surprisingly weak job growth and a lower unemployment rate is sending inconclusive messages about the economy.
Job growth saw another weak month, with employers adding another 113,000 positions as frigid weather and a deluge of storms dampened hiring.
Former Fed Chairman Alan Greenspan told CNBC on Friday he's worried about the spread between 30-year and 5-year Treasury notes.
LaGuardia Airport is on track for a $3.6 billion overhaul that should remove it from a number of travelers' "most-hated" lists.
The U.S. Postal Service narrowed its losses in its first quarter that ended December as a surge in online shopping and package delivery boosted its revenues.
Gridlock in Washington on fracking, the minimum wage, and immigration force states to make their own rules. Fiscal Times reports.
House Speaker John Boehner hit the pause button on major immigration reform, one week after Republicans unveiled their "principles" for an overhaul.
More than any other group, participation from the so-called young invincibles—people ages 18-34—will be crucial to the health law's success.
Vice President Joe Biden says New York's LaGuardia Airport could use some major improvements — and that's putting it mildly.
Following a plague of regulatory headaches, Jamie Dimon's wallet got even fatter this year—a move Sen. Elizabeth Warren criticized.
A bill introduced in Maryland would make that state the first to ban the marketing and sale of energy drinks to minors.
Drought-stricken California farmers are expected to idle 500,000 acres of cropland in a record production loss that could cost billions.
A new CBO report Obamacare removes the incentive to work for many Americans. Larry argues that this creates a work trap instead of creating an opportunity ladder.
Dennis Lockhart believes stocks are now in correction mode, and he doubts the markets were recently in a bubble, Dow Jones reported.
Standard & Poor's cut its credit rating on Puerto Rico, dropping the U.S. territory's debt to junk-bond status.
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