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Political spin clouds economic realities

Political spin clouds economic realities

Midterm politics are distorting economic decision-making as leaders of both parties spin rival views of the road ahead, offering visions based on questionable economics. The resulting political angst is leaving…

Americans lose faith in Obama

Americans lose faith in Obama

Nearly 60 percent of American voters say they lack faith in President Barack Obama, according to a public opinion poll published on Tuesday. The results of the Washington Post/ABC News…

Can Obama restore consumer confidence in economy?

Can Obama restore consumer confidence in economy?

A day after consumer concerns about the economy sent stocks sliding, President Barack Obama is trying to assure the American people that the economic recovery is headed in the right…

House-Senate panel approves Wall Street reform bill

House-Senate panel approves Wall Street reform bill

A Senate-House of Representatives conference panel approved a landmark bill on Friday to overhaul financial regulations, working through the night on the thorniest provisions. The legislation next heads to the…

GOP set to keep blocking job benefits extension

GOP set to keep blocking job benefits extension

A Republican filibuster appears increasingly likely to kill long-sought legislation extending jobless benefits and a host of other spending and tax measures, despite a new round of cuts to the…

White House budget chief quitting

White House budget chief quitting

White House Budget Director Peter Orszag’s expected resignation would make him the first high-profile member of President Barack Obama’s team to depart the administration. A Democratic official said Monday that…

Obama hits Gulf Coast for oil spill photo op

Obama hits Gulf Coast for oil spill photo op

Kneeling to pick up tar balls on an oil-fouled beach and listening to “heartbreaking stories” of loss, President Barack Obama personally confronted the spreading damage wrought by the crude gushing…

Obama on spill: ‘My watch, my responsibility’

Obama on spill: ‘My watch, my responsibility’

Thrown on the defensive, President Barack Obama acknowledged his administration could have done better in dealing with the biggest oil spill in the nation’s history and misjudged the industry’s ability…

Angry Obama on oil spill: ‘Plug the damn hole’

Angry Obama on oil spill: ‘Plug the damn hole’

An obviously angry President Barack Obama, meeting with senior government officials, had one view on the 36-day old oil spill in the Gulf of Mexico that is becoming a monumental…

Senate passes financial industry overhaul

Senate passes financial industry overhaul

In a major victory for President Barack Obama, the US Senate has passed the most sweeping overhaul of financial industry rules since the Great Depression of the 1930s. By a…

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