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Ted Cruz's Abrasive Style Raises Hopes, Hackles

After just weeks on the job, Sen. Ted Cruz, R-Texas, has managed to ruffle feathers on both sides of the aisle with his aggressive tactics, which some critics say contain echoes of the McCarthy era.

Bernanke Unflappable Over Policy

U.S. Federal Reserve Chairman Ben Bernanke told lawmakers Tuesday the central bank would stick to its benchmarks on monetary policy.

Is Castro Regime Ending? Exiles Say Not So Fast

On the streets of Miami, the announcement of a possible end to the Castro brothers' rule was met with uncharacteristic silence Monday -- no clanging of pots and pans in Little Havana and Hialeah.

Consumer Confidence Bounces Back in February

U.S. consumer confidence jumped in February, rebounding from a steep decline a month earlier, New York-based research group the Conference Board said Tuesday.

C. Everett Koop Dies

Former U.S. Surgeon General C. Everett Koop died Monday at his home in Hanover, N.H., an associate said. He was 96.

Obama: Sequester Already Creating Uncertainty

In just four days, President Obama told a National Governors Association luncheon at the White House, Congress is poised to allowed arbitrary automatic budget cuts of $85 billion to kick in, and "uncertainty is already having an effect."

Rep. Vela Wary of Sequester's Impact on Veterans

U.S. Rep. Filemon Vela and Rep. Ruben Hinojosa met with Department of Veterans Affairs officials behind closed doors but later answered questions about the impact of sequestration.

All 50 States Will Lose With Sequestration

Across the board budget cuts go into effect Friday unless Congress and the administration reach a compromise. Republicans want to trim back entitlements such as Social Security and Medicare, while Democrats want to close tax loopholes for corporations and the wealthy to raise more revenue.

Finance Minister on the Defensive After Britain Loses AAA Rating

British Finance Minister George Osborne defended the government's handling of Britain's debt and deficit problems on Saturday, a day after Moody's ratings agency downgraded the country's credit citing "subdued" growth prospects and mounting debt.

Not All Will Feel Impact of Sequestration Cuts

Programs that touch millions of Social Security recipients and the poor will not be affected, and the impact of cutting $85 billion from federal spending won't be felt all at once -- and in some cases may not kick in for some time.

US Warns Budget Cuts Will Spark Air Travel Delays

Travelers could face delays at major U.S. airports if mandatory government spending cuts take effect next week, Transportation Secretary Ray LaHood warned Friday.

Initial Unemployment Claims Rise by 20,000

First-time unemployment insurance claims for the week ending Feb. 16 rose to 362,000, an increase of 20,000 from the previous week's revised figure, according to the U.S. Labor Department.

Poll: Public Would Blame GOP for Sequester

U.S. voters agree with President Barack Obama on reducing the debt through increased revenues and spending cuts, a Pew Research Center/USA Today poll found.

One in 5 Americans Say Tax Cuts Should Be Left Off Table

Survey released by Pew Research offers good news and bad news for President Obama as sequestration once again moves to the forefront of national debate.

Existing Home Sales Rise Slightly Month to Month

Existing-home sales rose 0.4 percent month to month to a seasonally adjusted annual rate of 4.92 million from a downwardly revised annual rate of 4.9 million in December.