Consumer spending and incomes rose more than expected at the start of the year, but the gains were seen as fleeting in light of the recession and the waves of layoffs battering Americans.
The Justice Department on Monday released a long-secret legal document from 2001 in which the Bush administration claimed the military could search and seize terror suspects in the United States without warrants.
President Barack Obama emphasized a “progressive” tax cut that will benefit black Americans in his video address to the State of the Black Union on Saturday.
Echoing the words of former President Richard Nixon almost 40 years earlier, President Barack Obama last week expressed his commitment to launching a new effort to find "a cure for cancer in our time."
Less than a week after proposing a record $1.75 trillion budget deficit, President Barack Obama's top budget officials told Congress on Tuesday that Washington can't keep spending more than it takes in.
The Obama administration kicked off a new program Wednesday that's designed to help up to 9 million borrowers stay in their homes through refinanced mortgages or loans that are modified to lower monthly payments.
President Barack Obama's choice to lead the Health and Human Services Department has a history of bucking the insurance industry, which faces the biggest hit under Obama's initial health care reform plan. Kansas Gov. Kathleen Sebelius gets her introduction to the reform debate at a White House summit Obama will call to order on Thursday.
