In the renewed battle over raising the nation's borrowing limit, President Obama says the government must take on more debt unconditionally to pay for the bills that Congress has racked up, while congressional Republicans counter that spending cuts must be included to break what they say is a ruinous cycle of endless borrowing.
Almost 1 in 3 jobs in the United States directly or indirectly depends on companies that use intellectual property, according to a new study released by the Commerce Department on Wednesday.
Torn between reality and their political dreams, leading conservatives are defending Mitt Romney's private sector success and acknowledging that his presidential nomination may be inevitable even as they search for a more palatable candidate.
Putting a business imprint on the debate over jobs, the U.S. Chamber of Commerce on Monday issued an open letter to Congress and the White House calling for a series of measures designed to increase employment, including greater oil drilling, quicker road and bridge construction and temporary corporate tax breaks.
The U.S. Chamber of Commerce on Wednesday called for the United States and Mexico to tackle issues ranging from drug violence to aging roads and bridges that hamper trade along the countries' 2,000-mile border.
Potential presidential candidate Newt Gingrich quietly lined up $150,000 to help defeat Iowa justices who threw out a ban on same-sex marriage, routing the money to conservative groups through an aide's political committee.
After two years of vociferous conflict over health care and financial regulations, President Obama and the nation's top business lobby — the U.S. Chamber of Commerce — have entered into something of a detente.
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"Adding [cotton trousers and shirts] would not have a negative impact on U.S. textile producers," wrote Thomas Donohue, the U.S. Chamber of Commerce's CEO.](http://media.washtimes.com/media/image/2010/08/26/20100826-204208-pic-818115896_s101x71.jpg?c098eea3477ac6ce32c46b9d70a42787e13ce55a)
Supporters of a stalled Pakistan trade bill say deadly floods in the struggling nation should inject a new sense of urgency into the proposal, which has languished as labor unions, businesses and the textile industry fight over details.
