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Retailers Report Solid Sales Gains for July

Updated: 07/17/2014 - The back-to-school season got off to a strong start as discounts and high temperatures in July drove shoppers to air-conditioned malls.

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Administration Prods Congress to Return, Fix FAA

Posted: 08/03/2011 - Transportation Secretary Ray LaHood is urging Congress to return from its August vacation to resolve a partisan standoff over a bill to end the partial shutdown of the Federal Aviation Administration.

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The Unelected Winners and Losers of the Debt-Limit Showdown

Updated: 08/03/2011 - So we already know what the debt-limit debate did for leaders in Washington: nothing pretty. By and large, the American people were turned off by both parties, infuriated that political squabbling might do measurable damage to the nation’s bottom line.

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Americans Cut Spending for First Time in 20 Months

Updated: 08/02/2011 - Americans cut back on their spending in June for the first time in nearly two years and their incomes grew by the smallest amount in nine months, a troubling sign for an economy that is barely growing.

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House Approves Debt Deal

Posted: 08/01/2011 - House Minority Leader Nancy Pelosi says she's "not happy" with debt-limit legislation passed by the House tonight, but she says she's "proud of some of the accomplishments in it. "

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Top Senate Democrat Tentatively Endorses Debt Pact

Posted: 07/31/2011 - WASHINGTON (AP) - President Barack Obama's top ally in the Senate has signed on to a long-delayed agreement to raise the government's borrowing cap and cut spending - subject to approval by his fellow Senate Democrats.

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Heat Wave Threatens Elderly in Remote Towns

Updated: 07/31/2011 - MULHALL, Okla. (AP) - The continuing heat wave is making life difficult for elderly residents in rural towns in Oklahoma and other states in the Great Plains. Many elderly live in towns where there are no longer grocery stores or doctor's offices.

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As Talks Go On, Senate Rejects Democratic Plan

Updated: 07/31/2011 - WASHINGTON (AP) - Senate Republicans have blocked action on a Democratic approach to resolving the debt-ceiling crisis. It was a test vote largely unrelated to the talks between the White House and congressional leaders on a compromise that can clear both the House and Senate.

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Debt Ceiling Fix Could Mean Problems for States

Posted: 07/31/2011 - HARTFORD, Conn. (AP) - The cost of the compromise needed to raise the federal debt ceiling will likely inflict more fiscal pain on states still struggling to recover from the recession and the end of federal stimulus spending.

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Obama: Crackdown in Syria is `horrifying'

Syria

Posted: 07/31/2011 - WASHINGTON (AP) - President Barack Obama is stepping up his criticism of Syria's crackdown on protesters, charging that the Syrian president is "completely incapable and unwilling" to respond to what Obama calls the legitimate grievances of the Syrian people.

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Reid: Cautiously Optimistic on Debt Limit Deal

Updated: 07/31/2011 - WASHINGTON (AP) - Senate Majority Leader Harry Reid says he's cautiously optimistic that President Barack Obama and congressional lawmakers will come to a deal on raising the debt limit. But the Nevada Democrat emphasizes that no agreement has been reached.

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McConnell Says Very Close to Deal on Debt Ceiling

Updated: 07/31/2011 - WASHINGTON (AP) - Senate Republican leader Mitch McConnell says negotiators are "very close" to nailing down an agreement that would avert a default of the nation's debt obligations.

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