Headlines

President Barack Obama’s new proposal to set a higher floor for wages faces an uphill battle — and it boils down to timing.

In his 2013 State of the Union speech, Obama proposed plans to raise minimum wage and improve infrastructure among other things.

Millions of college grads who saw a degree as their ticket to a secure life are working in jobs with small wages, according to a new study.

With his wife first lady Michelle Obama and daughters Sasha and Malia by his side, President Barack Obama was officially sworn in yesterday for a second term in a private ceremony at the White House. 

A coalition of small businesses begged the president and Congress to “make big corporations pay a larger share of taxes”. 

Gloria Davy was 20 in 1951 when she won the coveted Marian Anderson Award.  Perhaps that was a propitious omen that one day she would follow in the esteemed footsteps of operatic great Anderson, which she did, with a similar voice of marvelous distinction. Davy, 81, died on Nov. 28 in Geneva, Switzerland.

Neither the left nor the right will have Susan Rice to kick around anymore. Rice withdrew her name as potential nominee for the next Secretary of State, apparently stepping aside after withering attacks from Senators John McCain, Lindsay Graham, and Susan Collins. There were also considerable factions on the left who assailed her mainly for her lack of assertiveness and clarity on African affairs.

Many of the country’s biggest retailers want the largest antitrust settlement in U.S. history, negotiated by a Minneapolis lawyer, to go away.

As Congress looks for new sources of revenue to deal with the looming fiscal cliff, mortgage interest tax breaks could be on the chopping block.

Six in 10 Americans support a tax increase on annual income of more than $250,000, according to a nationwide poll released Wednesday.