The month of August can be pretty rough for stock investors. But this August has earned its place in the record books, as stocks were unsettled by uncertainty over the state of affairs in the world’s second largest economy, China.
Advocates and skeptics of the Iran nuclear deal are plotting their final moves for support as Congress prepares to return from August recess next week to a consequential vote on the accord.
U.S. Sen. Jeff Merkley, a Democrat from Oregon, said Sunday he would support the nuclear deal with Iran, moving President Barack Obama a step closer to having sufficient backing to ensure the deal stands.
Abortion opponents are concerned that the controversy surrounding videos targeting Planned Parenthood might steal attention from a big, line-in-the-sand abortion vote they have been pushing for a long time.
In a letter to Congress intended to defend its practices and attack its hidden-video critics, Planned Parenthood wound up lending credence to accusations that it manipulates rules on selling fetal organs to maximize profit.
Tennessee Republican Sen. Bob Corker thinks it’s unlikely Congress will be able to derail the Iran nuclear deal, but he and Senate Majority Leader Mitch McConnell reportedly may have fallback plans.
A group of nearly 200 retired generals and admirals sent a letter to Congress on Wednesday urging lawmakers to reject the Iran nuclear agreement, which they say threatens national security.
In a dramatic reversal to a morning rally, U.S. stocks relinquished all of their opening gains, and then some, to finish with sharp losses. The main indexes began trimming gains in afternoon trade, falling into negative territory ahead of the closing bell as selling accelerated in the final hour.
The U.S. budget deficit is likely to fall by $60 billion in 2015 due to strong revenue gains, the Congressional Budget Office said on Tuesday, enabling the government to stave off default without a debt limit hike perhaps through early December.
Investors rattled about China sent U.S. stock indices almost 4-percent lower on Monday in an unusually volatile session that confirmed the S&P 500 was formally in a correction, even after a dramatic rebound by Apple.
Even strong bipartisan disapproval by Congress of the Iranian nuclear deal won’t stop President Obama from implementing the agreement, so the vote next month is shaping up as a warning to Europe against resuming business with Tehran before the next U.S. president is elected.
The crime itself was ordinary: Someone smashed the back window of a parked car one evening and ran off with a cellphone. What was unusual was how the police hunted the thief.
The U.S. stock market endured its worst performance in 18 months on Thursday, driven lower by another slump in Chinese shares and heavy selling by technical traders.
An unprecedented House lawsuit against President Obama that was once derided as a certain loser looks stronger now and may soon deliver an early legal round to Republican lawmakers complaining of executive branch overreach.
The White House on Wednesday said it was ‘confident’ in the abilities of the International Agency for Atomic Energy to monitor and inspect the possible military dimensions on Iran’s past nuclear work and was ‘comfortable’ with confidential arrangements between the IAEA and Tehran to ensure compliance with the nuclear deal signed on July 14.
Abortionists and tissue resellers toyed with fetal organs before selling them off, according to a former procurement official.
The Department of Homeland Security (DHS) has been releasing illegal immigrants with violent criminal records back into local U.S. communities, where they have often gone on to commit violent crimes against American citizens, according to new disclosures by a leading lawmaker and local law enforcement agencies.
The White House has hired its first openly transgender staff member, Fox News reported.
President Barack Obama has ‘a great likelihood of success’ in his showdown with congressional Republicans on the Iran nuclear deal, Senate Majority Leader Mitch McConnell grudgingly acknowledged on Monday.
The September vote on the Iran nuclear deal is billed as a titanic standoff between President Barack Obama and Congress. Yet even if lawmakers reject the agreement, it’s not game-over for the White House.