President Barack Obama signs a deal struck between the White House and Congress to increase the nation's debt ceiling, avoiding a potentially disastrous default.
The secrecy around Mayor Michael R. Bloomberg’s selection of Cathleen P. Black to run the city’s schools highlighted his faith in business leaders and dislike of public debate.
Starting Thursday, Wal-Mart plans to offer free shipping on its Web site, a move that may create an expectation among consumers and a threat to smaller retailers.
AP - The Senate emphatically passed emergency legislation Tuesday to avoid a first-ever government default, rushing the legislation to President Barack Obama for his signature just hours before the deadline. The vote was 74-26.
AP - Americans cut their spending in June for the first time in nearly two years after seeing their incomes grow by the smallest amount in nine months. The latest data offered a troubling sign for an economy that is adding few jobs and barely growing.
The Senate passed a compromise bill to raise the U.S. debt ceiling. President Obama signed the measure, calling it "an important first step." FULL STORY
At least 24 people were killed and dozens were injured by security forces as anti-government protesters took to the streets in various Syrian cities overnight, the London-based Syrian Observatory for Human Rights said Tuesday.
The Syrian city of Hama has an ancient past as part of the Roman, Greek and Byzantine empires, but recent deadly violence has revived memories of its more recent history as a hotbed of unrest and brutal government crackdown.
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