'Your papers, please' must never be heard in America
Independent voices from the TWT Communities
One of President Obama's top advisers and strategists during his first term has a book deal.
Former Treasury Secretary Timothy Geithner has a book deal.
Not so long ago, having offshore investments was a bad thing. Throughout the 2012 campaign, Barack Obama pummeled Mitt Romney for his successful career at Bain Capital. He was derided as an outsourcer, a shipper of jobs to Mexico and a tax dodger with tax shelters in the Cayman Islands.
Former Treasury Secretary Timothy Geithner will write a book focusing on his response to the financial crisis, The Associated Press has learned.
Senate Minority Leader Mitch McConnell, Kentucky Republican, offered President Obama simple advice on the economy: "Get serious."
Stocks edged higher on Wall Street after a rally in retail stocks offset concerns about flaring tensions in Washington over increasing the country's borrowing limit.
The U.S. Treasury Department will begin taking steps this week to delay hitting the government's $16.4 trillion borrowing limit. Without those steps, the debt limit would be hit on Dec. 31.
Right now, most of Washington has one thing on its mind: the looming fiscal cliff.
Guest lineups for the Sunday TV news shows:
Guest lineups for the Sunday TV news shows:
Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, surprising Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.
You have to know that times are desperate in the Obama campaign when Sen. Harry Reid is trotted out to contend that Mitt Romney didn't pay taxes for a decade.
A two-day rally that sent stocks soaring last week fizzled out Monday.
The Obama administration is warning Syria that U.N. sanctions may be near, as Secretary of State Hillary Rodham Clinton heads Wednesday to Turkey to talk strategy with America's allies and look for a way to win Russia's support for a transition plan ending the Assad regime.
The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a $2 billion trading loss by the bank.
Treasury Secretary Timothy Geithner told congressional leaders in a letter late Monday that the U.S. government will reach its borrowing limit as soon as mid-February, earlier than expected.
"If Congress does not act to extend borrowing authority," Mr. Geithner said, in Monday remarks, about the fate of Social Security, military pay and income tax refunds, "all these payments would be at risk."
