Have you ever read your credit card contract? If not, you're not alone. Most cardholders never read the long complicated legalese in a credit card agreement.
The Senate is about to embark on what could be the showdown of the year as top Democrats work to push through sweeping health care legislation.
Congress wants to help protect seniors who buy complex investment products that they don't understand or may do more harm than good.
Some family members of 9/11 victims welcomed the announcement that five Guantanamo Bay detainees with alleged ties to the attacks will be tried in a New York civilian court, while others blasted the decision.
Narrow passage of a sweeping health care bill by the House of Representatives portends a continuing difficult fight for President Obama and fellow Democrats to get a bill through the Senate and into law.
The House of Representatives on Saturday night passed a sweeping health care bill by a vote of 220-215.
The House passed a bill Wednesday to move up the effective date for credit card reforms to Dec. 1, from February and August 2010.
Tuesday's off-year election may not have had the high stakes of the 2008 presidential election, but several races are significant on the national level:
With a year to go before midterm congressional elections, a new national poll indicates that Americans are divided over whether they'd vote for the Democratic or Republican candidate in their district.
U.S. banks are at risk of sizable new loan losses, particularly on commercial property, and some banks may not have sufficient capital to fully cushion against losses, a Federal Reserve official said on Monday.
Have you ever read your credit card contract? If not, you're not alone. Most cardholders never read the long complicated legalese in a credit card agreement.
The Senate is about to embark on what could be the showdown of the year as top Democrats work to push through sweeping health care legislation.
Congress wants to help protect seniors who buy complex investment products that they don't understand or may do more harm than good.
Some family members of 9/11 victims welcomed the announcement that five Guantanamo Bay detainees with alleged ties to the attacks will be tried in a New York civilian court, while others blasted the decision.
Narrow passage of a sweeping health care bill by the House of Representatives portends a continuing difficult fight for President Obama and fellow Democrats to get a bill through the Senate and into law.
The House of Representatives on Saturday night passed a sweeping health care bill by a vote of 220-215.
The House passed a bill Wednesday to move up the effective date for credit card reforms to Dec. 1, from February and August 2010.
Tuesday's off-year election may not have had the high stakes of the 2008 presidential election, but several races are significant on the national level:
With a year to go before midterm congressional elections, a new national poll indicates that Americans are divided over whether they'd vote for the Democratic or Republican candidate in their district.
U.S. banks are at risk of sizable new loan losses, particularly on commercial property, and some banks may not have sufficient capital to fully cushion against losses, a Federal Reserve official said on Monday.
Edward Brooke, the first African-American elected to the U.S. Senate by popular vote, was honored Wednesday with a Congressional Gold Medal.
One of my heroes growing up was Jackie Robinson. My mom, an ardent baseball fan from whom I got my love of the game, had an old baseball card of his from the 1950s and told us his amazing story of courage in integrating baseball.
If you ask each of the 435 members of the House of Representatives whether they believe in cutting government waste, I'm willing to bet they'll all say yes.
The United States Congress inhabits a very different world than the one I came from.
As poll after poll quantifies the public's immense admiration for Barack Obama as the incoming 44th president of the United States, other politicians, especially those elected to serve in the U.S. Congress, continue to yield approval numbers low enough to flash-freeze an elephant (or a donkey) in under a minute.
Police found nine human heads and nine headless bodies in the Mexican state of Guerrero on Sunday, and some of the remains were of soldiers, officials said.
Japan's Nikkei dropped more than 5 percent, falling below the 10,000 mark in early trading Tuesday, as Asian and Pacific markets responded to Wall Street's drop below the same mark on Monday.
Asian and European stock markets pushed lower Monday after having the weekend to digest Friday's passage of a $700 billion bank bailout plan in the United States.
Wall Street's historic plunge fails to trigger similar declines in Asian stocks, which have already taken a beating this year
Yes, even in banking crises, the Nordics do it better. Can Washington learn a lesson from them?
This week the Republicans gather for their convention. For four days, they will labor under the illusion their party is still relevant. It's not.
Kenyans observed a minute of silence Thursday to mark the 10 year anniversary of al Qaeda terrorists bombing the U.S. embassy in the capital of Nairobi, killing more than 200 people and wounding 5,000.
Indian Prime Minister Manmohan Singh won a vote of confidence Tuesday, allowing his ruling party to keep in play a controversial, proposed nuclear partnership with the United States.
President Bush pressed lawmakers Tuesday to lift a ban on offshore oil drilling, saying "the only thing standing between the American people and these vast oil resources is action from the U.S. Congress."
Even with India's last-minute revival of a languishing civil nuclear accord with the United States, it may be too late for Congress to ratify the deal
While the government has won praise for its war on narco-gangsters, the collateral damage is alarming human rights watchdogs
Dear FSB: I work for a wholesale distribution business that is considering building a new distribution center this year. The U.S. Congress is currently debating an economic stimulus package that would include bonus depreciation that would certainly have an impact on our decision to make an investment now. How can we best express our need for tax relief for small business?
Students will learn about climate change and the role that greenhouse gases are thought to play in global warming.
As Bush prepares to honor him, China's continuing obsession with the Tibetan spiritual leader reveals a grudging respect
Oil prices settled at a record high Friday on news of dwindling stockpiles, potential trouble with Turkey and projections for a colder winter.
Private security firms have made news recently for killing civilians in Iraq and for an inquiry into their powers at a special hearing in the U.S. Congress.
The President's vow to hold the line on health care spending signals he's trying to shape his legacy as a fiscal conservative
Sheik Jamal al-Sudani leads a group of volunteers with one of the most solemn tasks in Iraq: Collecting and burying the hundreds of unclaimed dead every month and giving them a proper burial.
How do people think the Democratic Congress is doing after six months? Lousy. But better than the alternative.
On risks: We haven't had a global financial shock since 1998. I believe that these large and dramatic increases in private pools of capital [hedge funds and private equity] and in the credit derivatives markets since then have helped manage and disperse risk and make the economy more efficient. When we do have one - and it's when, not if; that's not me being negative, it's just that we're not going to defy economic gravity - we'll be seeing for the first time how some of these instruments perform under stress.
Iraq is on target to meet by September key political benchmarks set by the U.S. Congress, Iraqi National Security Adviser Mowaffak al-Rubaie said Sunday.
Moving the U.S. Congress closer to overhauling the troubled student loan industry, the chairman of the Senate Education Committee Monday unveiled proposals that would affect major lenders.
These are some of the facts from tonight's broadcast that you might find interesting.
What a spectacle, what a mess. What a day for thousands and thousands of illegal aliens and their supporters to march through the streets of many of our biggest cities demanding amnesty for illegally entering the country.
This month on Business Traveller Richard's on a quest for your rights - passenger rights.
Seventeen Republicans joined Democrats on Friday in passing a two-sentence resolution denouncing President Bush's plan to boost troop levels in Iraq.
1. Venezuela President Hugo Chávez will use a strong victory at the polls to tighten his grip on power, amend the constitution to remove a two-term limit, and further marginalize the opposition, re...
The race to return to the moon is on. Earlier this month NASA unveiled its mission statement to revisit earth's satellite and create a permanent base there. While it may become the jumping off point for further exploration of our solar system and beyond, there are more earthly prizes in sight, with some scientists believing that it has the potential to solve the world's dependence on fossil fuels.
The Democrats' sweeping victory in the U.S. midterm elections changed the balance of power in American government. Here's all you should know about how things work (and don't work) on Capitol Hill.
In a political first, a Muslim has been elected to serve in the U.S. Congress.
A majority of Americans said issues such as the Iraq war, the economy and terrorism would head in the right direction if the Democrats won control of Congress on Tuesday, according to a CNN poll released Monday.
On November 7, 2006, Americans will vote for federal, state and local officials. Use the information in this Extra! to help students understand what happens in midterm elections.
$6.5 billion: The amount wiped off the value of online gambling shares on Monday after the U.S. Congress passed legislation to ban Internet gaming there.
President Bush on Wednesday for the first time acknowledged the use of secret CIA prisons outside U.S. borders to hold top suspects captured in the war on terrorism. Bush also announced that he wants 14 detainees, including the mastermind of the 9/11 attacks, Khalid Sheikh Mohammed, to stand before a military tribunal.
Everyone knows buying a home is expensive these days. But not buying a house can run into a few bucks as well.
Senate Majority Leader Bill Frist said Sunday that he expects an immigration bill to be passed by week's end, but comments from other U.S. lawmakers left it difficult to predict what kind of legislation might ultimately win passage.
Three years after U.S. forces invaded Iraq and toppled the regime of Saddam Hussein, the cost--in both lives and dollars--continues to mount.
For the fourth time since he became president in 2001, George Bush has sent his Treasury secretary to Capitol Hill, hat in hand, to ask for an increase in the federal debt ceiling (currently $8.18 trillion).
President Bush said Friday he was concerned about the "broader message" that the failed port operation deal with a United Arab Emirates company sends to other Arab allies in the U.S. war on terrorism.
"It is just amazing how parochial Americans are," I heard a voice just in front of me say. "Amazing," agreed another.
The bodies of two miners who were trapped after an underground fire broke out at Aracoma Alma Mine No. 1 were found Saturday, mine officials said.
President Bush held a year-end news conference in the White House on Monday. The president followed up on his Sunday night speech on Iraq, addressed the controversy surrounding the Patriot Act and took questions on those and other subjects. Here is a partial transcript of Bush's remarks Monday:
On November 11, Americans pay tribute to everyone who has served in the U.S. military. But why was this particular date chosen, and how does this holiday differ from Memorial Day?
A recent U.S. military report estimates that nearly 26,000 Iraqis were killed or wounded by insurgent attacks from January 1, 2004, through September 16, 2005.
Even as the costs of the nation's most expensive storm are added up, it's becoming more and more apparent that the economy has weathered Hurricane Katrina relatively well.
Nearly three years after it was written, the "Downing Street memo" on pre-war intelligence on Iraq is spotlighted in the U.S. Congress, with one man leading the charge.
You want irony? This week's CBS News poll reported Congress' approval rating at a dismal 29 percent, the lowest recorded number since 1996, right after that Republican Congress, in a showdown with Democratic president Bill Clinton, followed the unwise leadership of Speaker Newt Gingrich and shut down the government.
Eighty-nine Democratic members of the U.S. Congress last week sent President George W. Bush a letter asking for explanation of a secret British memo that said "intelligence and facts were being fixed" to support the Iraq war in mid-2002.
THE YEAR IS YOUNG, BUT ALREADY IT has been a most glorious season for business. True, the economy is a delicate flower, deficits are worrisome, and interest rates are stirring. But all that pales c...
Ukrainian President Viktor Yushchenko, who came to power in January after a popular uprising, will address a joint meeting of the U.S. Congress next week, Senate and House leaders said Wednesday.
President Bush delivered his second inaugural address Thursday after being sworn in for a second term. This is a transcript of his remarks:
A Democratic congressman Saturday slammed the Republican-led Congress, saying it is "time for new leadership" and urged voters to elect Democrats to the House and Senate.
The U.S. House of Representatives overwhelmingly approved a bill Wednesday to ban lawsuits by obese customers who say they became overweight by eating at fast-food restaurants.
The European Commission has launched retaliatory trade measures against the United States that will cost American companies hundreds of millions.
Citing the failure of the U.S. Congress to repeal tax laws deemed illegal last year by the World Trade Organization, the European Union says it will begin imposing retaliatory sanctions next week.
Conventional wisdom on Wall Street is that when it comes to Washington, gridlock (like greed!) is good. Yeah, but can there be too much of a good thing? A Democratic President and a Republican Cong...
What a long, strange trip it's been. Eight years ago the federal government faced tremendous, mounting deficits, and not even candidate Bill Clinton had the temerity to promise that he would balanc...
This is the time of the political season when Republicans trim their views to the specifications of the Christian Coalition, when commentators talk of invisible armies of zealous campaigners, when ...
The Republican Congress has rarely seen a war it didn't want to fight. Affirmative action? Straight to the front lines. Taxes? Full mobilization. The budget? Bombs away. Welfare? Ditto. But now, wi...
In Washington, at least, organized labor is back. The AFL-CIO almost single-handedly defeated fast-track trade legislation last year, won an increase in the minimum wage the year before, and, overa...
There hasn't been much to like about the budget showdown between the Republican Congress and the Clinton White House--unless you're a connoisseur of cheap theatrics, schoolyard gamesmanship, and wh...
As the new Republican Congress talked revolution, investors were waiting nervously to see how interest rates would react to radical promises of tax cuts. Economists warned that if tax reductions in...
For all the talk of tax cuts, what business really wants from a Republican Congress is regulatory relief. For decades a phalanx of powerful Democratic committee chairmen prevented meaningful regula...
As a Member of the United States Congress, I will introduce a bill that will allow parents who earn less than $40,000 and who contribute to the college tuition of their sons or daughters to deduct ...
Questions abound about the working habits of the U.S. Congress. One question is: What does it mean to say that Congress is ''in session,'' as it is repeatedly stated to be nowadays, when in fact ev...
Two years ago, your correspondent had a part-time tour of duty in the Pentagon, serving as editor for a high-level group called the Commission on Integrated Long-Term Strategy (CILS). The commissio...
For various technical reasons, this Keeping Up column had to be locked up early, so the fellow currently slumped over the keyboard is somewhat disadvantaged when it comes to interpreting the big vo...
Historians will record, or better yet forget, that every one of the following happenings happened in 1986, during the tenure of an administration said to be quite conservative: The Attorney General...
The Reagan Administration's efforts to blunt protectionism have landed the U.S. in a nasty fight with its biggest trading partner. In early June the Administration nailed a 35% tariff on cedar shak...
Late June: General Motors could announce where it will locate its plant for the Saturn car. About 30 state governors have lobbied GM for the plant site. June 28: The U.S. Congress adjourns for a te...
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