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Recession forces half of older workers to delay retirement

Recession forces half of older workers to delay retirement

Stung by a recession that sapped investments and home values, but expressing widespread job satisfaction, older Americans appear to have accepted the reality of a retirement that comes later in life and no longer represents a complete exit from the workforce. Some 82 percent of working Americans over 50 say it is at least somewhat […]

Some progress but no end in sight to impasse, debt crisis

Some progress but no end in sight to impasse, debt crisis

Senate negotiations to bring a fiscal crisis to an end showed signs of progress on Sunday, but there were no guarantees the federal government shutdown was about to end or that a historic debt default would be avoided. IMF chief Christine Lagarde warned of “massive disruption” to the global economy if the U.S. debt ceiling, […]

What America needs is an American to lead a nation in distress

What America needs is an American to lead a nation in distress

Two burning questions that occupy the minds of most Americans nowadays are “what has happened to our government and what will it take to fix it?” Neither question has an easy answer because any solution must, by design, involve politics and politics as practiced in America puts party above patriotism and personal interest above what […]

With default looming, government enters third week of shutdown

With default looming, government enters third week of shutdown

The United States moved perilously closer to an economy-rattling default and a partial government shutdown entered its third week as Senate Democratic and Republican leaders remained at odds over spending in their last-ditch negotiations to end the crises gripping the nation. Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., spoke by phone […]

Senate Majority Leader ‘confident’ deal will be reached in fiscal crisis

Senate Majority Leader ‘confident’ deal will be reached in fiscal crisis

Senate Majority Harry Reid said Sunday that he was engaged in negotiations with Republican Minority Leader Mitch McConnell and was “confident” they could resolve the fiscal crisis confronting Washington. “We’re in conversation today,” Reid said on the Senate floor. “I’m confident that Republicans will allow the government to open and extend the ability of this […]

Another day, another stumbling block to budget, debt deal

Another day, another stumbling block to budget, debt deal

Senate Republicans and Democrats hit an impasse Sunday over spending in their last-ditch struggle to avoid an economy-jarring default in just four days and end a partial government shutdown that’s entering its third week. After inconclusive talks between President Barack Obama and House Republicans, Senate Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, […]

Obama staying out of sight as Senate works on budget, debt deal

Obama staying out of sight as Senate works on budget, debt deal

President Barack Obama will stay out of the public eye on Sunday as Senate leaders try to work out an elusive deal ahead of a Thursday deadline for lifting the U.S. government debt ceiling. Just before noon, the White House gave the pool of reporters and photographers who travel with the president notice that it […]

Senators hope their leaders can succeed where others have failed

Senators hope their leaders can succeed where others have failed

Senators put faith in party leaders Sunday to devise a plan that would reopen the government and steer clear of a potential default this week, saying it’s unthinkable that political obstinacy would prevent the United States from paying its bills. With House leaders sidelined, Senate Majority Leader Harry Reid, D-Nev., and Senate Minority Leader Mitch […]

Senate takes lead in financial crisis as debt limit deadline looms

Senate takes lead in financial crisis as debt limit deadline looms

Racing the calendar and the financial markets, Senate leaders have taken the helm in the search for a deal to end the partial government shutdown and avert a federal default. “This should be seen as something very positive, even though we don’t have anything done yet, and long ways to go,” Senate Majority Leader Harry […]

Right wing looking for new hot-button issues to attract followers

Right wing looking for new hot-button issues to attract followers

Seeking a new generation of leaders, social conservatives are looking for a lot more than opposition to gay marriage and abortion. An annual summit of faith leaders and conservative activists gave a platform to a new wave of Republican leaders, who derided President Barack Obama’s health care law, his steering of the economy and foreign […]

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