Record low interest rates, cold hard cash on balance sheets and Mexico are among the themes at the Milken Institute Global Conference.» Read More
Rep. Eric Cantor, (R-VA), provides a preview of a major policy speech he will deliver later today at the American Enterprise Institute that includes education reform, revitalizing America, and expanding the GOP message.
WASHINGTON, Feb 4- President Barack Obama will seek to build momentum for U.S. immigration reform this week ahead of his State of the Union address which is expected to challenge Republicans to take up an overhaul amid an increasingly contentious debate in Washington.
'Prepping' is the key word in Davos today as 'Team Bartiromo' finalized details for the 40+ interviews about to air over the next three days.
WASHINGTON, Jan 18- Republicans in the U.S. House of Representatives backed away on Friday from a fiscal clash with President Barack Obama next month that could have risked a government default and chaos in financial markets, shifting to a new, less aggressive stance.
*T-bill rates fall on Republican plan on debt ceiling. NEW YORK, Jan 18- U.S. Treasuries prices briefly extended Thursday's losses overnight on better-than-expected economic growth data from China.
NEW YORK, Jan 18- Oil prices rose on Friday, recovering from an earlier dip after news that the U.S. House of Representatives will consider a bill to raise the debt ceiling enough to allow the country to pay its bills for another three months.
WASHINGTON, Jan 18- The White House on Friday said it welcomed plans by Republicans in the U.S. House of Representatives to raise the government's debt ceiling, as long as they do not condition the increase on spending cuts.
NEW YORK, Jan 18- Brent futures rose and U.S. crude pared losses in choppy trading on Friday, reacting to news that the House of Representatives will consider a bill to raise the U.S. debt ceiling enough to allow the country to pay its bills for another three months.
NEW YORK, Jan 18- U.S. consumer sentiment unexpectedly deteriorated for a second straight month to its lowest in over a year in January, with many consumers citing fallout from the recent "fiscal cliff" debate in Washington, a survey released on Friday showed.
WASHINGTON, Jan 18- U.S. Senate Majority Leader Harry Reid's office said on Friday that if the Republican-led House of Representatives can pass a "clean" debt ceiling increase, the Democrat-majority Senate "will be happy to consider it."
The president signals he's not bluffing over the debt ceiling.
Senate Minority Leader Mitch McConnell and House Democratic leader Nancy Pelosi are clashing over the prospect of another round of tax increases on the wealthy.
Rep. John Boehner was re-elected House speaker on Thursday as the 113th Congress ushered in the new and the old -- dozens of eager freshmen determined to change Washington and the harsh reality of another stretch of bitterly divided government.
U.S. House Speaker John Boehner made a U-turn on Wednesday to clear the way for approval of $60 billion in Superstorm Sandy relief by mid-January after drawing withering fire from fellow Republicans, including New Jersey Governor Chris Christie, for canceling an earlier vote.
WASHINGTON, Jan 2- U.S. House Speaker John Boehner made a U-turn on Wednesday to clear the way for approval of $60 billion in Superstorm Sandy relief by mid-January after drawing withering fire from fellow Republicans, including New Jersey Governor Chris Christie, for canceling an earlier vote.
New Jersey Gov. Chris Christie blasted fellow Republican John Boehner and the GOP-controlled House on Wednesday, saying he was disgusted that Congress failed to approve emergency aid for victims of Superstorm Sandy.
WASHINGTON, Jan 2- U.S. House Speaker John Boehner insisted on Wednesday he is committed to passing a Superstorm Sandy disaster aid bill this month after his decision to deny a vote on the package drew scathing criticism from East Coast lawmakers and governors.
A bipartisan furor erupted after House Republican leadership decided to allow the current term of Congress to end without holding a vote on aid for victims of Superstorm Sandy.
*Senate $60.4 bln package expires if House fails to act by Wednesday. WASHINGTON, Jan 2- The U.S. House of Representatives adjourned on Tuesday night without acting on a $60.4 billion Superstorm Sandy disaster aid bill, prompting angry denunciations from members from the states hardest hit by the storm.
*Republicans could force confrontation with Senate. House Republicans complained that a bill passed by the Senate in a late-night show of unity to prevent a budget crisis contained tax hikes for the wealthiest Americans but no spending cuts.