A bipartisan compromise to overhaul Medicare bucks the popular impression that Washington can't accomplish anything at all.
The Obamas would welcome Pope Francis at the White House on Sept. 23. It is Francis' first papal visit to the United States.
Atlanta Fed President Dennis Lockhart also tells CNBC that first-quarter economic growth is very soft.
Now may be a good time to start normalizing U.S. monetary policy, Federal Reserve policymaker James Bullard said on Thursday.
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