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Global stock meltdown: Is another recession on its way?

Global stock meltdown: Is another recession on its way?

Stocks around the world tumbled Friday ahead of crucial U.S. jobs figures, continuing a losing streak reminiscent of the aftermath of the collapse of U.S. investment bank Lehman Brothers in…

Senate set to break FAA deadlock

Senate set to break FAA deadlock

The Senate is poised to pass legislation ending a two-week partial shutdown of the Federal Aviation Administration that has cost the government about $400 million in uncollected airline ticket taxes…

Tortured vet cleared to sue Rumsfeld over abuse

Tortured vet cleared to sue Rumsfeld over abuse

A judge is allowing an Army veteran who says he was imprisoned unjustly and tortured by the U.S. military in Iraq to sue former Defense Secretary Donald H. Rumsfeld personally…

The dirty dozen: A ‘super congress?’

The dirty dozen: A ‘super congress?’

The nation’s bills are being paid and Congress has bolted the hothouse of Washington, one debt limit deadline beaten and another ahead for a dozen yet-to-be-named lawmakers. They might want…

Obama’s curse: The Bush tax cuts

Obama’s curse: The Bush tax cuts

Time and again during his presidential campaign, Barack Obama was unequivocal: “We are going to roll back the Bush tax cuts for the wealthiest Americans.” But when the chips were…

Obama’s debt-deal signature averts default

Obama’s debt-deal signature averts default

The Senate emphatically passed emergency legislation Tuesday to avoid a first-ever government default, rushing the legislation to President Barack Obama for his signature just hours before the deadline. The vote…

FAA standoff costs could exceed $1 billion

FAA standoff costs could exceed $1 billion

The congressional standoff that has partially shut down the Federal Aviation Administration has some curious math. Lawmakers risk losing more than $1 billion in revenue from uncollected airline ticket taxes…

Giffords adds to debt-limit drama

Giffords adds to debt-limit drama

The total number of votes on the historic debt-limit bill was 430. One vote was more memorable than any of the others. Seven months after she was shot in the…

Right-wing issues warning on debt deal

Right-wing issues warning on debt deal

Conservatives are warning of lasting political consequences as the Republican presidential field offers conflicting positions on the debt-ceiling compromise. Some activists likened the political impact of the high-stakes fight over…

Senate up next to pass debt-limit extension

Senate up next to pass debt-limit extension

With just hours left before the national debt bumps against its ceiling, emergency bipartisan legislation to allow the government to borrow more faces one final test in the Senate. Expected…