Obama election-year budget aims to spur hiring

2012-02-14 07:05:00

President Barack Obama called on Monday for new spending to boost growth and higher taxes on the rich, laying out an election-year vision for America.

US projects $1.33 trillion deficit

2012-02-14 05:55:04

The White House forecast that the federal government's deficit will decline to 901 billion dollars in the 2013 fiscal year.

Investment on sustainable growth stressed

2012-02-14 00:55:41

Obama stressed that cutting the government's deficit should not hamper investment on key areas that were critical to the nation's sustainable growth.

US fedreal deficit to hit $1.33t

2012-02-13 22:44:56

The White House on Monday projected that the US federal government's budget deficit would reach $1.33 trillion in the 2012 fiscal year ending September 2012.

New York Fashion Week

2012-02-13 10:38:20

Models present creations during New York Fashion Week

Music world unites in tribute to Whitney

2012-02-13 10:20:47

Musicians, producers and fans paid tribute to US soul diva Whitney Houston, hailing her as an inspirational figure.

Chicago building may be seized

2012-02-13 08:03:57

NorthStar Realty Finance Corp is in talks to seize John Hancock Center from owners including Goldman Sachs Group Inc's Whitehall real estate unit.

Mitt Romney wins Maine caucuses

2012-02-12 10:22:00

The Republican Party in US state of Maine announced Saturday that former Massachusetts governor Mitt Romney had won the state's caucuses.

US singer Whitney Houston dies at 48

2012-02-12 10:19:46

Grammy Award-winning singer and actress Whitney Houston has died aged 48, a family spokesman said on Saturday.

US not opposed to Palestinian interim govt deal

2012-02-11 21:40:38

The Obama administration has told Palestinian President Mahmoud Abbas that it doesn't object to the formation of a new government under a deal between Abbas and Hamas

Dog geared up for show

2012-02-11 10:26:31

The 136th Westminster Kennel Club Dog Show, the country's oldest and largest dog show competition, takes place at Madison Square Garden in New York on Feb 13 and 14.

Pentagon braces for budget cuts

2012-02-11 05:47:16

The US Defense Department is bracing for impending budget cuts that is to take shape in president's budget proposals,the Pentagon said Friday.