Republicans are calling it "Taxmageddon," the big tax increase awaiting nearly every American family at the end of the year, when a long list of tax cuts is scheduled to expire unless Congress acts.
For reasons ranging from progress on Europe's debt crisis to a slowly improving housing market to slightly less gridlock in Congress, the economy and the job market appear better able to withstand setbacks than they were in 2011.
Under the bill, workers would continue to receive a 2 percentage point increase in their paychecks, and people out of work for more than six months would keep jobless benefits averaging about $300 a week, steps that Obama says will help support the...
The $143 billion payroll tax cut won by President Barack Obama may be the last significant measure he receives from a deeply divided Congress that promises to only get more polarized as Election Day approaches.
Paul Stanford had lived a life of error, missteps and regrets, one laden with betrayals and failure. Then, on Nov. 3, 1998, Oregon voters approved the medicinal use of marijuana. And in this way he was saved.
Alarming financial news flowed out of Europe in a torrent Friday, just a week after the EU leaders struck a deal they thought would contain the continent's debt crisis.
VANCOUVER, Wash. -- The Port of Vancouver USA announced Tuesday that overall job numbers tied to port activities increased slightly during the past five years despite the struggling economy. According to a recently completed economic impact...
Investors on Wall Street and around the world sold stocks with abandon Thursday, more convinced than ever that the United States and perhaps the globe are headed for a new recession.
In excerpts released by the White House ahead of the president's speech to a joint session of Congress, Obama said the U.S faces a weighty question: whether elected officials will meet their responsibilities the same way regular Americans do.
Investors, beset by worries about the U.S. debt downgrade, Europe's financial crisis and slowing global growth, sought safety in the metal as stocks tumbled around the world.
The House has 240 Republicans. But 38 have signed a pledge to oppose any debt ceiling increase unless it is accompanied by a constitutional amendment to balance the budget, which is politically unachievable.
Contagion from the Greek debt crisis could spread to at least five other European countries — including Belgium or even Italy — if it is not cautiously managed, the head of the eurozone group warned Saturday.