Search results for

President Biden heads to a New York district where Republicans eked out a victory in 2022. It's part of a push to put pressure on vulnerable Republicans to lift the debt ceiling.

Financial assistance to Ukraine will help shore up the country's currency, which has maintained strong buying power despite the war.

The House has passed an $825 billion economic stimulus bill. However, no Republicans voted for the bill. They say it has too much spending and not enough tax cuts. It was a loss for bipartisanship but an early win for President Obama — just eight days into his presidency. The bill now goes to the Senate.

U.S. Supreme Court Justice Ruth Bader Ginsburg was hospitalized on Thursday and treated for pancreatic cancer. Ginsburg, 75, has told friends she intends to be back on the bench when the court reconvenes Feb. 23. Nevertheless, there's speculation about whom President Obama would chose to replace her should she step down.

A Congressional subcommittee on Wednesday had a hearing with two witnesses who warned the Bush administration against harsh interrogation techniques. One is Ali Soufan, the FBI agent who interrogated Abu Zubaydah. The other is Philip Zelikow, the State Department official who protested that there was no legal basis for justifying the techniques.

Most people are putting off big purchases during the recession — especially cars. Dealers are trying to change that with what analysts say are some of the lowest prices in a long time. But all those rebates and discounts have yet to re-kindle the market.

Russia announced it is suspending participation in the Black Sea Grain Initiative, as a key bridge linking annexed Crimea to the Russian mainland was attacked again.

Senators announced a compromise between House and Senate negotiators on the economic stimulus package. Some House Democrats are upset that money for states and schools had been removed from the measure, but backed the deal.

There are growing calls for new Illinois Sen. Roland Burris to resign. A county prosecutor in Illinois is looking into whether Burris perjured himself in testimony to Illinois lawmakers about how he got appointed to the Senate. The Democrat has acknowledged trying to raise money for ousted Gov. Rod Blagojevich before being appointed to the Senate.

The expanded bailout of AIG wasn't greeted too enthusiastically on Wall Street. The stock market plunged sharply Monday — closing down below 7,000 for the first time in 12 years.