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Axelrod: Tea Party to blame for credit downgrade

Axelrod: Tea Party to blame for credit downgrade

A top White House adviser is blaming the downgrade of the U.S. credit rating on tea party Republicans, whom he says were unwilling to compromise on how to reduce the…

Credit rating downgrade brings political pot to a boil

Credit rating downgrade brings political pot to a boil

America’s historic loss of its top-notch credit rating failed to cool the feud between Republicans and President Barack Obama‘s Democrats which threatens to drive the US economy into disaster. Despite…

The credit rating downgrade: What does it all mean?

The credit rating downgrade: What does it all mean?

The real danger from the downgrade of U.S. government debt by Standard & Poor‘s isn’t higher interest rates. It’s the hit to the nation’s fragile economic psyche and rattled financial…

U.S. credit rating downgraded: Blame game begins

U.S. credit rating downgraded: Blame game begins

Republicans and Democrats quickly doled out blame to each other for the first-ever downgrade in the nation’s sterling credit rating, an expected but unsettling move that further clouds prospects for…

Tea party: A boon or boondogle for Republicans?

Tea party: A boon or boondogle for Republicans?

The tea party is here to stay. The 2-year-old phenomenon’s muscular role in the debt-ceiling crisis made that clear, despite earlier predictions it would fade away when the national furor…

Public disapproval of Congress at all-time high

Public disapproval of Congress at all-time high

Disapproval of Congress rose to an all-time high after weeks of rancorous partisan battles over raising the U.S. debt ceiling took the country to the brink of default, according a…

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…

American public thinks the debt deal sucks

American public thinks the debt deal sucks

President Barack Obama and Congress may have a debt deal that averted financial disaster — for now — but many Americans think the deal will make the economy worse, not…

Obama can talk jobs but he can’t fix the problem

Obama can talk jobs but he can’t fix the problem

The United States has a jobs problem and there’s not a lot President Barack Obama or Federal Reserve Chairman Ben Bernanke can do about it. In the face of rising…

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…