A rare 43-carat yellow diamond that belonged to a convicted money launderer will be auctioned for a minimum bid of $900,000, the U.S. Marshals Service said Thursday. The flawless diamond, known as the “Golden Eye,”…
The President hosts an Iftar dinner celebrating Ramadan in the State Dining Room.
NEW YORK — When the unexpected strikes, most Americans aren’t prepared to pay for it. A majority, or 64%, of Americans don’t have enough cash on hand to handle a $1,000 emergency expense, according to…
Precious Daniels is not what you’d call a hardened criminal. In 2009, she was arrested for blocking a doorway during a peaceful protest against a health insurer in Michigan–charges that were later dropped. But Daniels…
The Labor Department’s latest unemployment report offered a small sign of hope, with the nation’s jobless rate dipping to 9.1 percent in July. But the new numbers also showed that teen unemployment is still on…
Today, Dr. Biden traveled to Kenya where relief operations are underway to help the thousands of refugees affected by the devastating famine in Somalia. Visiting with women and children at the Dadaab Refugee Complex, Dr.…
NEW YORK Â — In a move that could shake the housing market, credit rating agency Standard and Poor’s on Monday downgraded the debt of mortgage finance giants Fannie Mae and Freddie Mac. The downgrades to…
White House Press Briefings are conducted most weekdays from the James S. Brady Press Briefing Room in the West Wing.
How do dry economic numbers translate into real human pain? Here’s one way. Almost lost in the wall-to-wall news coverage of the battle in Washington over the debt ceiling and the convulsions of the stock…
A top White House economic adviser slammed Standard & Poor’s on Saturday for having stuck with its decision to downgrade the U.S. credit rating despite having made a $2 trillion mistake in its fiscal projections.…
President Obama outlines a number of steps that can be taken right away to create jobs and help grow the economy.
NEW YORK — Credit rating agency Standard & Poor’s on Friday downgraded the credit rating of the United States, stripping the world’s largest economy of its prized AAA status. In July, S&P placed the United…
Welcome to the West Wing Week, your guide to everything that’s happening at 1600 Pennsylvania Avenue. This week, President Obama announced a bi-partisan compromise to reduce the deficit and avoid default, announced a historic fuel…
Las Vegas — The former director of the CIA’s Counterterrorism Center raised concerns Wednesday about an impending “code war” in which hackers will tamper not just with the Internet but with technology that runs real-world…
Editor’s Note: The battle over immigration is now being waged at the state level. Since Arizona’s immigration law SB 1070 went into effect one year ago, five states — Alabama, Georgia, Indiana, South Carolina and…
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