CNBC's John Harwood reports members of both parties are coming up with their strategies on the debt ceiling; and Gov. Gary Herbert, (R-UT), explains how uncertainty over the debt ceiling is affecting Utah's efforts to balance the budget.» Read More
HOUSTON/ SAN FRANCISCO, Feb 1- Renewed strength in refining and chemicals led to higher-than-expected fourth-quarter earnings for Exxon Mobil Corp and Chevron Corp, the two largest U.S. oil companies.
WASHINGTON, Feb 1- Only 11 of the 50 U.S. states have moved to implement new consumer safeguards under President Barack Obama's healthcare law, raising questions about how major health insurance reforms will be enforced, a report released on Friday says.
*Democrats seen backing away from Medicare enrollment age hike. WASHINGTON, Jan 31- Just months after President Barack Obama's re-election ended Republican hopes of controlling U.S. healthcare policy, one of the most controversial Republican proposals for Medicare is showing signs of rising from the political ashes.
WASHINGTON, Jan 28- A long-delayed $50.5 billion aid package for victims of Superstorm Sandy cleared the Senate on Monday, three months after the storm destroyed or damaged hundreds of thousands of homes and businesses in coastal New York, New Jersey and Connecticut.
NEW YORK, Jan 28- The dollar fell from 2-1/ 2- year peaks against the yen on Monday in subdued trading as investors locked in profits after the greenback's recent rally, although its uptrend is likely to hold given expectations of further monetary easing in Japan.
NEW YORK, Jan 28- The dollar fell from 2-1/ 2- year peaks against the yen on Monday as investors consolidated their positions and locked in profits on the greenback's recent rally even as its uptrend is likely to hold given expectations of further monetary easing in Japan.
WASHINGTON, Jan 28- The U.S. Senate plans to vote on a long-delayed $50.5 billion aid package for victims of Superstorm Sandy on Monday, three months after the storm devastated New Jersey and New York coastlines and destroyed thousands of homes and businesses.
Toyota Motor has settled a wrongful death lawsuit that was to go to court next month and serve as a test case for hundreds of others involving sudden acceleration.
He doesn't know his adoption might never happen, thanks to a political tit-for-tat between Moscow and Washington. Gabriel thinks he will soon fly to Idaho with Rebecca and Brian Preece, but the courts have halted the process, and President Vladimir Putin says Russian children should be brought up in Russia, as a matter of pride.
NEW YORK, Jan 13- The average price for a gallon of regular gasoline in the United States rose in the last three weeks for the first time since early October, as U.S. refineries passed on the cost of higher crude oil prices, according to a widely followed survey released on Sunday.
In its first disaster declaration of the new year, the Agriculture Department made growers in large portions of four major wheat-growing states- Kansas, Colorado, Oklahoma and Texas- eligible for low-interest emergency loans. Kansas was the No. 1 state at 382 million bushels. In all, USDA listed 597 counties in 14 states as natural disaster areas.
*Texas legislator: should be easier for teachers to carry. CLEVELAND/ SAN ANTONIO, Jan 8- School teachers in Texas are flocking to free firearms classes and hundreds more in Ohio have signed up for training in the wake of the Connecticut elementary school massacre, some vowing to protect their students with guns even at the risk of losing their jobs.
*Texas legislator: should be easier for teachers to carry. CLEVELAND/ SAN ANTONIO, Jan 8- School teachers in Texas and Ohio are flocking to free firearms classes in the wake of the Connecticut elementary school massacre, some vowing to protect their students with guns even at the risk of losing their jobs.
WASHINGTON, Jan 3- U.S. officials on Thursday gave four states currently governed by Republicans the green light to set up their own health insurance exchanges under President Barack Obama's healthcare reform law, an initiative largely opposed by Republicans.
WASHINGTON, Dec 30- The U.S. Senate on Sunday approved prominent antitrust attorney William Baer to head the Justice Department's Antitrust Division 10 months after he was tapped by President Barack Obama.
DETROIT/ NEW YORK, Dec 27- Toyota Motor Corp eliminated a huge obstacle with a U.S. settlement over unintended acceleration in its cars and trucks, leaving it to fight smaller cases that will be harder for plaintiffs to prove and less likely to damage the company's growing sales.
WASHINGTON, Dec 27- The outcome of the "fiscal cliff" debate will be decided in four days, with just a handful of powerful leaders in Washington calling the shots, for better or for worse. *Barack Obama, Democratic president: Reelected last month, the former Democratic U.S. senator from Illinois campaigned on the need to raise taxes on high-income Americans.
WASHINGTON, Nov 2- U.S. employers stepped up hiring in October and a small increase in the jobless rate was due to more workers restarting their job hunts, a hopeful sign for a lackluster economy that has been a drag on President Barack Obama's re-election bid. Employers added 171,000 people to their payrolls last month, the Labor Department said on Friday.
SALT LAKE CITY, Nov 2- The U.S. ``Unemployment is, and should be, a central focus of monetary policy right now,'' San Francisco Fed President John Williams told a group of community leaders here. ``We have substantial scope to use monetary policy to stimulate the economy without creating too much upward pressure on prices.''.
SALT LAKE CITY, Nov 2- The U.S. ``Unemployment is, and should be, a central focus of monetary policy right now,'' San Francisco Fed President John Williams said in remarks prepared for delivery to a group of community leaders here. ``We have substantial scope to use monetary policy to stimulate the economy without creating too much upward pressure on prices.''.