Some of the most powerful members of the business and investing community think the American economy is going to be just fine.» Read More
WASHINGTON— President Barack Obama is asking Americans this Labor Day to think about the rights and benefits that people often take for granted. Obama says workers and unions fought for things like Social Security, Medicare, workplace safety laws and the right to organize.
WASHINGTON— If you got health coverage through President Barack Obama's law this year, you'll need a new form from your insurance exchange before you can file your tax return next spring. The Health and Human Services Department must send out millions of the forms, which are like W-2s for people getting tax credits to help pay health insurance premiums.
WASHINGTON— The Environmental Protection Agency's staff has concluded that the government needs to tighten smog rules by somewhere between 7 and 20 percent.
Malaysia Airlines to cut 6,000 staff in overhaul. KUALA LUMPUR, Malaysia— Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.
WASHINGTON, Aug 29- The regulator for U.S. housing finance giants Fannie Mae and Freddie Mac.
*FTSEurofirst 300 flat, Euro STOXX 50 down 0.1 pct. *Airlines down after volcano eruption in Iceland. LONDON, Aug 29- European shares were poised to end a positive August on a softer note on Friday after euro zone inflation data slightly cooled market speculation about fresh monetary stimulus by the European Central bank.
HARRISBURG, Pa.— A half-million more low-income Pennsylvanians are in line to get federally funded health insurance after the U.S. Department of Health and Human Services on Thursday approved the state's plan to accept Medicaid expansion money under the landmark 2010 federal health care law.
President Obama put the brakes on the prospects of U.S. airstrikes against Islamic militants in Syria, saying “we don't have a strategy yet.”
CNBC's Michelle Caruso-Cabrera reports Russia's President Vladimir Putin is peaking at a youth conference in Seliger while 1,000 Russian troops are operating in Ukraine.
Politico's Ben White discusses the geopolitical problems weighing on President Obama, including coming up with a strategy on ISIS. Also White provides his take on the hot button issues on Capitol Hill.
*FTSEurofirst 300, Euro STOXX 50 up 0.1 pct. *Euro STOXX 50 set for best monthly gain since Feb. LONDON, Aug 29- European shares trimmed their early gains on Friday as euro zone inflation data slightly cooled market speculation about fresh monetary stimulus by the European Central bank.
NBC's Albina Kovalyova reports on the latest developments in Ukraine as fighting escalates and the West considers enforcing additional sanctions on Russia.
MILAN— Several European Union foreign ministers on Friday accused Russia of invading eastern Ukraine and said Moscow should be punished with additional economic sanctions. The meeting of the 28- nation bloc's top diplomats in Milan came one day after NATO said Moscow slipped at least 1,000 Russian soldiers and much heavy weaponry into Ukraine.
*FTSEurofirst 300 up 0.3 pct, Euro STOXX 50 up 0.5 pct. PARIS, Aug 29- European shares rose in early trade on Friday, recovering some of the ground lost in the previous session as investors awaited inflation figures that may shed light on the European Central Bank's next policy move.
"Obama looks increasingly hesitant" on the ISIS threat after he said in a speech that the West had no strategy to combat the terrorist organization, CNBC's Hadley Gamble reports.
WASHINGTON— As President Barack Obama warns of stepped-up economic punishments against Russia for its military incursions inside Ukraine, U.S. sanctions have so far avoided one prominent financial institution: the $10 billion Russian Direct Investment Fund, which has partnered with brand-name American companies and whose advisers include top U.S. and European private equity executives.
President Barack Obama said there will not be military action in Ukraine, and that there is no current plan to deal with ISIS.
WASHINGTON— With Russian tanks apparently crossing into southeastern Ukraine, President Barack Obama is suggesting the possibility of more sanctions on Russia.
WASHINGTON— New evidence of economic growth is heartening and underscores that companies are investing and consumers are spending, President Barack Obama said Thursday. "There are reasons to feel good about the direction we are heading," the president told reporters at the White House.
President Obama addresses the economy; situation in Iraq; and unrest between Russia and Ukraine. President Obama will meet with the National Security Council Thursday night.