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Obama holds new talks in bid to avoid debt default

postauthoriconBy AFP Global Edition | PDF | Print | E-mail

US President Barack Obama has met separately with his top Democratic allies and Republican foes to hammer out a compromise that would avert a disastrous early August debt default.

But the negotiations wrapped up without news of a breakthrough.

With an August 2 deadline looming, White House spokesman Jay Carney said Obama would accept a short-term...

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Republican Romney says Obama's policies hurt economy

postauthoriconBy Reuters US Online Report Politics News | PDF | Print | E-mail
Republican Romney says Obama's policies hurt economy - Economic Meltdowns
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US stocks slip as markets await debt resolution

postauthoriconBy AFP Global Edition | PDF | Print | E-mail

US stocks fell slightly on Wednesday as investors waited for a resolution to the debt-ceiling standoff in Washington and digested a mixed bag of second-quarter earnings reports.

The Dow Jones Industrial Average shed 15.51 points (0.12 percent) to close at 12,571.91.

The broader S&P 500 slipped 0.89 point (0.07 percent) to 1,325.84, while the...

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Obama says his stewardship to decide '12 election

postauthoriconBy Reuters US Online Report Politics News | PDF | Print | E-mail

WASHINGTON (Reuters) - President Barack Obama said on Wednesday that the deciding factor for voters next year in his re-election campaign will be their verdict on his track record, not the Republican running against him.

"If next November, they feel like I've been on their side and I've been working as hard as I can and have been getting some...

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Republican White House hopefuls debate on Twitter

postauthoriconBy Reuters US Online Report Politics News | PDF | Print | E-mail
Republican White House hopefuls debate on Twitter - US Politics
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