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  • Obama immigration plan good, not great for economy Saturday, 22 Nov 2014 | 9:01 AM ET

    WASHINGTON— President Barack Obama's expansive executive action on immigration is good for the U.S. economy— just not as good as partnering with Congress on broader reforms. "This is focused on people who are already in the economy today, who are contributing mightily but are basically operating in the shadows," said Raul Hinojosa-Ojeda, a professor at the...

  • Analysis: Veto gives Obama edge on immigration Saturday, 22 Nov 2014 | 3:48 AM ET

    "We alone, I say it openly, we the Senate are waiting in our duty to stop this lawless administration and its unconstitutional amnesty," said one of them, Sen. In remarks on the Senate floor, according to his office, he was channeling Cicero, the ancient Roman orator. House Speaker John Boehner and Senate leader Mitch McConnell want none of that.

  • Investigators may have recovered lost IRS emails Friday, 21 Nov 2014 | 6:36 PM ET

    Frederick Hill, spokesman for Republicans who run the House Oversight and Government Reform Committee, said the investigators told congressional staff at a briefing Friday that they have recovered up to 30,000 emails to and from Lois Lerner. In a statement, the IRS said it remains committed to cooperating with all investigations. Lerner headed the IRS...

  • President Barack Obama' s executive action easing the threat of deportation for 4.7 million undocumented immigrants is unlikely to cover many of those eligible because of practical hurdles, immigration lawyers said. Only 44 percent of the 1.2 million eligible immigrants under the 2012 order had been approved after two years, according to the Migration...

  • Nov 21- The European Parliament is preparing a non-binding resolution that proposes splitting Google Inc's search engine operations in Europe from the rest of its business as one possible option to rein in the Internet company's dominance in the search market. European politicians have grown increasingly concerned about Google's and other American...

  • LAS VEGAS, Nov 21- President Barack Obama defended his decision to bypass Congress and overhaul U.S. immigration policy on his own on Friday, saying he was forced to act because House of Representatives Speaker John Boehner would not let legislation come to a vote. With many Americans skeptical of his decision to bypass Congress and impose an immigration...

  • Figures on government spending and debt Friday, 21 Nov 2014 | 4:14 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Credit Suisse guilty plea on US taxes is official Friday, 21 Nov 2014 | 4:09 PM ET

    WASHINGTON— European bank Credit Suisse's guilty plea to helping wealthy Americans avoid paying taxes has been formalized by a federal judge. District Chief Judge Rebecca Beach Smith in Norfolk, Virginia on Friday entered orders requiring Credit Suisse AG to pay $2.6 billion in fines and restitution to the U.S. government and regulators.

  • New York Fed chief on defensive on bank oversight Friday, 21 Nov 2014 | 1:34 PM ET

    William Dudley, president of the New York Fed, insisted at a Senate hearing Friday that "our eyes are open" and regulators are fair, unbiased and rigorous in their oversight of the biggest U.S. banks. "Of course we are not perfect, but we always strive to improve and retain your trust," Dudley said at the hearing, which focused on whether the Federal Reserve has too cozy of a...

  • Nov 21- A pressure group pushing for higher wages at Walmart stores said employees would stage protests at 1,600 U.S. stores on Black Friday, including 60 in Washington, D.C.. Wal-Mart Stores Inc, owner of Walmart stores and the largest private employer in the United States, has been at the center of the debate over proposals to raise the minimum wage.

  • NEW YORK, Nov 21- The morning after President Barack Obama announced his sweeping action to overhaul the U.S. immigration system, conservative groups and states were already pulling together legal strategies to dismantle the plan. Opponents said there will likely be a three-pronged legal approach to stymie Obama's moves: Congress could sue the president for...

  • Nov 21- A group of Walmart employees pushing for higher wages said they were planning to protest on Black Friday at 1,600 U.S. stores in areas including Washington and Los Angeles. The group also plans strikes at the San Francisco Bay Area, Sacramento, Chicago, Seattle, Texas, Minneapolis and Tampa among other places. Wal-Mart Stores Inc, owner of Walmart brand...

  • EPA delays decision on ethanol in gas Friday, 21 Nov 2014 | 11:16 AM ET

    A final decision was due before the end of the year on the already-delayed standards, but the EPA said Friday the final rule will now come in 2015.. Meanwhile, next-generation biofuels, made from agricultural waste such as wood chips and corncobs, have not taken off as quickly as Congress had required and the Obama administration anticipated.

  • House GOP sues Obama administration on health law Friday, 21 Nov 2014 | 10:36 AM ET

    Legal experts expressed doubts that the GOP would prevail or that the case could be concluded during Obama's presidency. GOP lawmakers said those unilateral actions were unconstitutional and have promised unspecified congressional action. A Republican official said party leaders might amend the suit to include Obama's immigration actions, which would...

  • Unemployment rates fall in two-thirds of US states Friday, 21 Nov 2014 | 10:35 AM ET

    The Labor Department said Friday that unemployment rates rose in just 5 states, the fewest since April. Employers added jobs in 38 states and cut them in 12. The biggest gains occurred in California, which added 41,500; Texas, which gained 35,200; and Florida, which added 34,400.. Nevada reported the largest job loss, a decline of 7,300, followed by New York, where...

  • White House: Immigration steps would boost wages Friday, 21 Nov 2014 | 9:00 AM ET

    WASHINGTON— President Barack Obama's moves on immigration would expand the labor force and increase worker productivity, according to a White House report Friday that estimates average wages would rise over a 10- year period. Obama's Council of Economic Advisers forecasts that as a result of his administrative actions, the gross domestic product would...

  • Japan orders air bag maker to conduct probe Friday, 21 Nov 2014 | 6:21 AM ET

    TOKYO— Japan's transport ministry said Friday it has ordered air bag maker Takata to conduct an internal investigation after cases of its air bags exploding triggered safety concerns in the United States and other countries. The ministry also ordered Takata and Japanese automakers to study whether additional recalls are needed in Japan following a U.S....

  • *Washington conciliatory after secret talks angered Paris. *France risks losing out commercially if Iran deal struck. France, a U.N. Security Council veto-holder, has long held out for strict terms trading a loosening of international sanctions on Iran's oil-based economy in return for commitments by Tehran to show its nuclear work is as peaceful as it insists.

  • WASHINGTON, Nov 20- President Barack Obama imposed the most sweeping immigration reform in a generation on Thursday, easing the threat of deportation for some 4.7 million undocumented immigrants and setting up a clash with Republicans who vow to fight his moves. In a White House speech, Obama rejected Republican arguments that his decision to bypass Congress...

  • SAN FRANCISCO/ WASHINGTON, Nov 20- President Barack Obama plans to make life a little easier for some foreign tech workers, but Silicon Valley representatives are disappointed that his immigration rule changes will not satisfy longstanding demands for more visas and faster green cards. The president's moves will make it easier for entrepreneurs to work in...