The minimum wage debate will be a key focus of the 2016 presidential election, the former senior advisor to President Obama told CNBC.» Read More
India's opposition Bharatiya Janata Party (BJP), widely tipped to form the next government, said in its election manifesto it would encourage foreign direct investment but appeared to close the door to global retailers.
The House of Representatives on Thursday will vote on legislation to avert a pay cut for doctors who participate in the Medicare health care program for the elderly, said House Speaker John Boehner.
Shots were fired in Crimea to warn off an unarmed international team of monitors and at a Ukrainian observation plane, as the standoff between occupying Russian forces and besieged Ukrainian troops intensified.
The Arizona governor has until Saturday to act on a bill that would let businesses refuse service to gays and lesbians.
Gov. Jan Brewer is under pressure to veto a bill that would allow businesses to refuse service to gay and lesbians on the basis of religious freedom.
The Michigan Democrat is the former chairman of the House Energy and Commerce Committee and has been a staunch advocate for the auto industry.
Center-left leader Matteo Renzi was set to be nominated as Italy's prime minister in a matter of days after a party coup forced Enrico Letta to resign.
Treasury Secretary Lew calls bitcoin a "phenomenon," but says the government needs to make sure it doesn't become a funding haven for criminals.
Negotiators in the U.S. Congress on Monday unveiled a $1.1 trillion spending bill that aims to prevent another government shutdown.
His presidential ambitions on the line, Gov. Chris Christie fires a top aide and apologizes for politically motivated lane closures on the George Washington Bridge that caused a traffic nightmare for days.
A a final budget fight will play out in the nearly empty Capitol as staffers parcel out more than $1 trillion.
President Obama said more than half a million Americans enrolled in health insurance plans through HealthCare.gov during the first three weeks of December.
Surprise! Washington could be slightly less dysfunctional next year. Keep an eye on the debt ceiling, tax reform and mid-term elections. POLITICO's Ben White reports.
The Obama administration says the government may not be able to pay its bills as soon as February if lawmakers do not raise the federal debt ceiling.
Senate approval of the budget deal could provide an opening for making progress next year on President Obama's stalled legislative agenda.
U.S. Secretary of State John Kerry arrived in Geneva on Saturday to join talks on Iran's contested nuclear program, as Tehran and six world powers appeared to be on the verge of a breakthrough in the decade-old dispute.
Democratic Senator Max Baucus called for repealing a tax code provision that allows U.S. multinationals to park foreign profits offshore tax-free.
President Obama says the government needs to stop governing by crisis and noted that he doesn't foresee another debt-ceiling crisis happening soon.
Sen. Olympia Snowe cited political divisiveness when she decided not to run for re-election. Now she's telling Congress to pass a budget or else.
Obama's proposed budget would allow the long-term unemployed to withdraw funds from their retirement plans penalty free.
The IRS offers some provisions for early withdrawals from your retirement accounts. But what price will you pay?
The world economy has become credit addicted. China could well be the next victim. The FT reports.
The Massachusetts senator's opposition to Obama's trade proposal shows how she can agitate, Politico's Ben White says.
Both the FOMC and markets are expecting that rates will be raised "sometime this year," the Fed's Stanley Fischer said.
Congress appeared to be headed toward approving a bill postponing Homeland Security's partial shutdown.