The Obama administration has urged a court to reject an attempt to block a controversial new law overhauling the U.S. healthcare system, saying it is constitutional and any challenge is premature. The reforms, a top priority of President Barack Obama, …
A $1 trillion global emergency rescue package to stabilize the euro reversed the slide in world financial markets on Monday but left longer-term questions about whether Europe’s weakest economies can manage their debt. The plan, hammered out by European Union …
BP Plc engineers will search for a solution Sunday after suffering a setback in an attempt to contain oil gushing into the Gulf of Mexico with a huge metal dome, dashing hopes for a quick, temporary solution to a growing …
The White House is pushing to lift the limit on how much BP pays for the Gulf Coast oil spill. Press Secretary Robert Gibbs said the administration wants to work with Congress to change a law that caps at $75 …
The U.S. Senate’s debate on Wall Street reform shifted Thursday to a running battle over consumer protection and an impending challenge to Federal Reserve secrecy, with small banks also scoring a win. In the second day of voting on the …
A federal law may limit how much BP has to pay for damages such as lost wages and economic suffering in the Gulf Coast oil spill, despite President Barack Obama’s assurances that taxpayers will not be on the hook. A …
Democrats fought to push their Wall Street reform forward in the U.S. Senate on Wednesday, slating more votes despite Republican resistance on a bill that is expected to pass within weeks. The chief negotiators for both parties agreed on Tuesday …
A weekend deluge burst rivers and creeks from their banks across Tennessee and neighboring U.S. states Monday, killing at least 22 people and forcing thousands to evacuate homes and hotels. The overflowing Cumberland River shut down bars and clubs in …
Things are heating up in the world of Chinese drywall. Courts are issuing opinions, a U.S. consumer products safety agency is recommending gutting homes with the product, and a consumer watchdog group is insisting that President Obama board Air Force …
Things are heating up in the world of Chinese drywall. Courts are issuing opinions, a U.S. consumer products safety agency is recommending gutting homes with the product, and a consumer watchdog group is insisting that President Obama board Air Force …
