Treasury Secretary Timothy Geithner is considering stepping down from his post once policy makers agree to raise the government's borrowing limit, people familiar with the matter said.
The Obama administration believes congressional leaders must agree to a deficit-reduction deal by July 22 in order to raise the government's borrowing limit in time to avoid a default in early August.
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The reaction to Obama's targeting of a tax break for corporate-jet ownership shows how discussion of even small, largely symbolic tax increases can provoke angst in the affected industry—and how tough it will be to reach a debt deal.
A U. S. government agency on Thursday reported it hasn't found any government-contracted information technology companies selling censoring gear to Iran—illustrating the difficulties in identifying vendors of online repression.
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The Obama administration is reaching out to Islamist parties whose political power is on the rise in the wake of Arab Spring uprisings across the Middle East and North Africa.
In rulings that may bolster efforts to roll back public pensions nationwide, judges in Minnesota and Colorado have thrown out lawsuits challenging recent cuts to retiree benefits.
Talks between NBA owners and the players union collapsed, setting the stage for a lockout at midnight when the current labor agreement was set to expire.
Lawyers for Dominique Strauss-Kahn are expected to ask a judge to relax the conditions of his bail when the former International Monetary Fund leader makes a surprise court appearance Friday.
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Republicans boycotted a key Senate hearing on three pending free-trade deals amid a political row over whether to renew a 50-year-old program that helps workers who lose their jobs as a result of trade agreements.
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Manufacturing in the Chicago area picked up in June, suggesting some U.S. factories are moving beyond the rough patch they hit in the spring.
James "Whitey" Bulger, the alleged crime boss found with more than $800,000 in his Southern California apartment when he was arrested last week after 16 years on the lam, will be represented by a public defender over the government's objections.
Attorney General Holder ordered a criminal probe into the deaths of two prisoners interrogated by the CIA in the years following the Sept. 11, 2001, terrorism attacks.
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New York state regulators plan to recommend that the use of hydraulic fracturing to drill for natural gas be allowed in much of the state, but remain banned in areas that supply drinking water to New York City and Syracuse.
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Minnesota headed toward a government shutdown as Democratic Gov. Mark Dayton and Republican lawmakers appeared unlikely to reach a compromise on closing the state's $5 billion budget gap.
The Senate voted 94-0 to confirm Petraeus as head of the CIA, in the latest move to remake the Obama administration's national-security team.
Gov. Brown signed a rare on-time budget a day before the start of California's fiscal year, a package that is a combination of spending cuts, fee hikes and the promise of higher tax revenue that might never materialize.
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Mitt Romney strayed from the early-primary-election states Thursday to attack President Barack Obama in Pennsylvania, a state more important to the general election 17 months away than to the current GOP nomination fight.
Thousands of prisoners serving time for crack cocaine could have their sentences trimmed by several years after the U.S. Sentencing Commission voted to retroactively apply a law easing penalties for possession of the drug.
Aircraft may punch holes in clouds, causing an unusual phenomenon that results in increased rain or snowfall in the area immediately around the world's major airports, a new study suggests.
While millions of kids will construct sand creations all summer for nothing, sand-sculpture consultants are making money giving individuals and companies castle-building classes.
At Harlem Day Charter School, about 100 of the 247 elementary students are being held back and only five teachers will be returning in September.
In the final weekend, Murray's fans, Kvitova's "yelps" and Sharapova's fiancé should produce a noisy finish.
A scientist couple grow their own food at their remodeled Sonoma retreat.
Tom Hanks and Julia Roberts flail in the leading man's multitasking effort. Meanwhile, "Transformers: Dark of the Moon" is deafeningly dumb and "Terri" is a loner's cliché-smashing tale.
In today's photos, demonstrators are arrested in London, Muslims pray in front of a holy relic in India, a tropical storm makes landfall in Mexico and more.
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The post-recession recovery is painfully slow. If the president and Congress want to slip some growth-inducing remedies into the pending deficit deal, what should they examine with an unjaundiced eye?
In today's photos, schoolboys ride home in a crowded rickshaw in India, a Canadian soldier searches inside a compound in Afghanistan, children recuperate after a lightning strike in Uganda, and more.
The Fourth of July weekend is almost here. Here are the unbreakable rules for Fourth of July Wiffle ball.
As more pets travel in cars, some law enforcement agencies and animal advocates are pushing seat-belt harnesses, car seats and other restraints for dogs.
An adolescent groin injury, cigarette smoking, heavy drinking, intense cycling and even using a laptop directly on the lap can compromise male fertility.
Telling heart patients to push themselves during exercise sounds risky. But more research suggests that a workout routine athletes use to get in shape may do the same for patients undergoing cardiac rehabilitation.
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The 111th Congress, which convened in 2009, is among the oldest in U.S. history. See detailed data since 1948 by Congress, house and party.
Compare results of the 2010 midterm election to the 2008 House of Representatives and see how economics and the health-care vote may have affected mood in some races.
In midterm elections Nov. 2, voters handed control of the House of Representatives to the Republican Party. See how race, gender, key issues and other factors affected voters' choices and compare to 2008 presidential exit polls.
Track state-by-state results at the district and county levels for House, Senate and governors' races. Also, access full lower-level race data.