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  • Postmaster General Patrick Donahoe speaks during a press conference at U.S. Postal Service headquarters February 6, 2013 in Washington, DC.

    "This is just one step in a plan to resolve our finances," Postmaster General Patrick Donahoe said in an interview on CNBC.

  • USPS: Why Stop Saturday Service? Wednesday, 6 Feb 2013 | 11:05 AM ET
    USPS: Why Stop Saturday Service?

    CNBC's Hampton Pearson has the latest details on the agency's decision to halt delivery on Saturdays. And, Rep. Darrell Issa, (R-CA), weighs in with his thoughts on the restructuring plans and whether the postal service should be private.

  • USPS to End Saturday Letter Delivery Wednesday, 6 Feb 2013 | 10:45 AM ET
    USPS to End Saturday Letter Delivery

    Patrick Donahoe, Postmaster General & CEO, explains why the agency is stopping Saturday mail delivery in an effort to cut costs, and why doubling the postal rate is not the answer.

  • USPS Cuts Saturday Mail to Trim Costs Wednesday, 6 Feb 2013 | 10:02 AM ET
    USPS Cuts Saturday Mail to Trim Costs

    Postmaster General Patrick Donahoe, holds a press conference to address the agency's decision to halt Saturday mail delivery in August, in an effort to save money. CNBC's Hampton Pearson, reports.

  • US Postal Service to Cut Saturday Mail to Trim Costs Wednesday, 6 Feb 2013 | 8:28 AM ET
    US Postal Service

    The U.S. Postal Service said it plans to stop delivering mail on Saturdays, but continue delivering packages six days a week.

  • US Postal Service to Stop Saturday Delivery Wednesday, 6 Feb 2013 | 7:35 AM ET
    US Postal Service to Stop Saturday Delivery

    The "Squawk Box" news team reports, in a cost-cutting measure, the United States Postal Service has announced it will stop delivering mail on Saturday.

  • Obama to Ask for Short-Term Budget Plan Tuesday, 5 Feb 2013 | 10:58 AM ET

    White House officials say President Obama will ask Congress to come up with tens of billions of dollars in short-term spending cuts and tax revenue to put off the automatic budget cuts that are scheduled to kick in March 1.

  • Haggling Over Hagel Thursday, 31 Jan 2013 | 8:50 PM ET
    Haggling over Hagel

    Heather Hurlburt, Executive Director, National Security Network talks about the Obama administration's foreign policy shift as Hagel's Defense Secretary confirmation faces even more hurdles.

  • Obama: 'Now Is the Time' to Fix Immigration Laws Tuesday, 29 Jan 2013 | 3:48 PM ET
    President Barack Obama addresses immigration reform on Jan. 29. 2013 in Las Vegas, Nevada.

    President Obama called on Congress to make good on plans to overhaul the immigration system and offer a path to citizenship for millions of illegal immigrants. He said that if Congress is unable to act quickly, he will propose legislation and demand lawmakers vote on it.

  • Postage Rises, But USPS Teeters on the Edge of Ruin Monday, 28 Jan 2013 | 5:06 PM ET

    If lawmakers don't act, the US Postal Service could run out of money "between six months and a year" and there could be a period of time when mail isn't delivered, policy and economics experts said.

  • Obama Recess Appointments 'Invalid': Appeals Court Friday, 25 Jan 2013 | 4:14 PM ET

    A federal appeals court has invalidated President Obama's "recess" appointments to a labor board last year, ruling that the move was unconstitutional and dealing a blow to Obama's strategy of bypassing Senate Republicans.

  • The damaged battery case from a fire aboard a Japan Airlines (JAL) Boeing 787 Dreamliner airplane at Logan International Airport in Boston is displayed inside an investigation lab at National Transportation Safety Board (NTSB) Headquarters in Washington, DC.

    One whistleblower is adamant about his fear about the use of lithium-ion batteries on the Boeing 787 Dreamliner, saying they could "explode."

  • House Votes to Suspend Debt Ceiling Until May Wednesday, 23 Jan 2013 | 1:29 PM ET

    With tacit support from President Barack Obama, the GOP-controlled House approved an extension of the debt ceiling Wednesday, heading off an economy-rattling fiscal crisis for at least four months.

  • Raise the Age for Medicare & Soc. Security? Friday, 18 Jan 2013 | 4:33 PM ET
    Raise the Age for Medicare & Soc. Security?

    CNBC's John Harwood reports House Republicans are going to propose to extend the debt limit until April 15; and Max Richtman, National Committee to Preserve Medicare; and Bill George, Harvard Business School professor, debate whether eligibility for these programs should be raised to age 70.

  • FAA's 'Draconian' Move: Bethune Thursday, 17 Jan 2013 | 11:07 AM ET
    FAA's 'Draconian' Move: Bethune

    Gordon Bethune, former Continental Airlines Chairman & CEO, discusses the FAA decision to ground all U.S. Boeing 787 Dreamliners over safety concerns about its batteries.

  • Obama Seeks Assault Gun Ban, Background Checks Thursday, 17 Jan 2013 | 10:21 AM ET
    President Obama signs executive actions to curb gun violence as Vice President Joe Biden (L) and invited guests look on.

    With children sitting nearby, President Obama proposed a new ban on assault weapons and universal background checks for gun buyers on Wednesday in a sweeping package to curb firearm violence after the killing of 20 first-graders and six adults in a Connecticut school last month.

  • Americans Fear Squabbling Will End Up Derailing Economy Wednesday, 16 Jan 2013 | 1:24 PM ET

    Americans are growing increasingly worried about federal debt, government dysfunction, and squabbles about the debt ceiling could derail the nation's fragile economic recovery.

  • Innovative programs across the US are finding some success in reengaging high school dropouts. They strive to target 'disconnected' youths – those not in school and not working, who are a costly burden for taxpayers, the CSM reports.

  • Damage in the Rockaway neighborhood in New York City, where the historic boardwalk was washed away during Hurricane Sandy.

    The House of Representatives on Tuesday approved $50.5 billion in long-delayed federal disaster aid to victims of Superstorm Sandy, but not before Republicans flexed their budget-cutting muscle to strike some spending provisions.

  • Obama Gets Ready to Make His Move on Gun Control Tuesday, 15 Jan 2013 | 5:49 PM ET
    President Barack Obama speaks as Vice President Joseph Biden listens during an announcement on gun reform on December 19, 2012.

    President Barack Obama and Vice President Joe Biden will host children from around the country at a White House event Wednesday to unveil their package of proposals to curb gun violence in the U.S.