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White House Backpedals From Military Action on Libya

Mar 9, 2011 - 2:34 PM |AOL News

Pablo Martinez Monsivais, AP

The Obama administration today stepped back from the prospect of imminent U.S. military action to support rebel forces in Libya, voicing reluctance to enforce a no-fly zone without United Nations...

US Wants to Take Your Dollars -- and Replace Them With Coins

Mar 7, 2011 - 4:52 PM |AOL News

Bloomberg/Getty Images

Americans are a tight-fisted people when it comes to their dollars. So in order to replace the paper currency with dollar coins -- a long-advocated move that could save the government an estimated...

Jobs Market Convalescence Could Take a Long Time

Mar 3, 2011 - 5:06 PM |AOL News

Getty Images

The U.S. jobs market may finally be on the verge of an actual recovery, but expect it to come back with a whimper rather than a bang. The Labor Department today said the number of people who filed...

Is Big Labor Losing Muscle Amid Economic Hard Times?

Feb 8, 2011 - 5:04 PM |AOL News

MCT

Labor unions staged just 11 major work stoppages throughout the country in 2010, the second mildest spate of such strikes or lockouts in more than 60 years amid one of the toughest job markets in...

What's at Stake in US-China Summit? Pretty Much Everything

Jan 17, 2011 - 7:46 PM |AOL News

AFP / Getty Images

Presidents Barack Obama and Hu Jintao have a lot to talk about. The Chinese leader arrives in the United States for a state visit at a time when Washington and Beijing are partners, adversaries or...

Doctors Optimistic About Giffords' Recovery

Jan 9, 2011 - 2:22 PM |AOL News

Chris Carlson, AP

U.S. Rep. Gabrielle Giffords is in a medical coma and on a ventilator following surgery for a devastating gunshot wound to the left side of her brain, but she can follow simple commands like holding...

Israel Fears Another 'Anti-Semitic' UN Conference on Racism

Dec 27, 2010 - 7:14 PM |AOL News

Nearly every nation in the world agrees that racism, in general, is a bad thing. What keeps the world from joining forces to tackle the problem is a bitter disagreement over definitions of racism,...

Stalemates Force Obama to Be Compromiser in Chief

Dec 7, 2010 - 7:38 PM |AOL News

Saul Loeb, AFP / Getty Images

(Dec. 7) -- It is the season of the stalemate for President Barack Obama. On several of the most pressing issues abroad and at home, Obama is settling in for protracted negotiation or standoff,...

Obama: Helping the Unemployed Will Help the Economy

Dec 2, 2010 - 5:46 PM |AOL News

Win McNamee/Getty Images

(Dec. 2) -- Helping long-term unemployed Americans stay afloat isn't just a good idea, it's an economic necessity. That's the argument the White House is making in a fight to get Republican support...

Russia-China Deal Aims -- Sort of -- to Ditch Dollars

Nov 24, 2010 - 3:12 PM |AOL News

Alexei Druzhinin, Pool / RIA Novosti / AP

(Nov. 24) -- Russia and China plan to start conducting their mutual trade in rubles and yuan in a bid to remove the globally predominant U.S. dollar from the equation, but the move seemed more...

Panel Warns of Nightmare Scenarios for Housing Crisis

Nov 16, 2010 - 6:08 PM |AOL News

Chris O'Meara, AP

(Nov. 16) -- The "robo-signing" scandal at the heart of the current foreclosure crisis may be just the tip of a legal iceberg that threatens to destabilize the American financial system just as the...

Fed Takes Initiative Amid a Divided Government

Nov 3, 2010 - 5:02 PM |AOL News

AP

(Nov. 3) -- The Federal Reserve today made a bold $600 billion move to jump-start an economic recovery it called "disappointingly slow," even as post-election comments from the White House and...

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