U.S. President Barack Obama has warned of “adverse” consequences for all Americans, such as higher interest rates, if the United States defaults on its obligations. At the White House Friday, Mr. Obama told reporters that all congressional leaders have reiterated the desire to make sure that U.S. does not default. He said the United States […]
Obama: ‘Adverse’ Consequences If US Defaults
Obama, Republicans Still Wrangling Over US Debt
The political wrangling over spending, debt, and taxes continued in Washington Friday, with President Barack Obama and opposition Republicans holding separate news conferences to outline their positions. The Republican Speaker of the House of Representatives, John Boehner, said his party does not want a default. He also said it is vital to make what he […]
Harry Potter Fans Flock to Theaters for Final Film
Fans of the wildly popular Harry Potter franchise are flocking to movie theaters around the world to see the last of eight films based on the books by British author J.K. Rowling. Harry Potter and the Deathly Hallows: Part 2 is poised to set records in ticket sales, taking in $43 million in 26 countries […]
Budget Deal to End Minnesota Government Shutdown
The Democratic governor of Minnesota has reached a budget agreement with leaders of the Republican-controlled legislature that would end a two-week-old state government shutdown — one of the longest in recent U.S. history. Governor Mark Dayton announced the agreement Thursday, after a meeting with state House Speaker Kurt Zellers and Senate Majority Leader Amy Koch. […]
Obama to Address Debt Crisis
U.S. President Barack Obama will hold a news conference at the White House Friday morning to discuss his negotiations with congressional leaders over raising the national borrowing limit and decreasing the deficit. At the end of a fifth day of talks Thursday, Mr. Obama told negotiators it is “decision time,” and gave them until Saturday […]
US Starts Investigation on Whether 9/11 Victims’ Phones Were Hacked
The U.S. Federal Bureau of Investigation says it has opened an investigation into whether the phones of victims of the 2001 terrorist attacks and their families were hacked into by media baron Rupert Murdoch’s News Corporation. Law enforcement sources said Thursday the FBI will look into whether employees at Murdoch’s media firm illegally tried to […]
Obama Ends Talks with Lawmakers Over Debt, Deficit
U.S. President Barack Obama will hold a news conference at the White House Friday morning to discuss his negotiations with congressional leaders over raising the national borrowing limit and decreasing the deficit. At the end of a fifth day of talks Thursday, Mr. Obama told negotiators it is “decision time,” and gave them until Saturday […]
Mourners Say Final Farewell to Betty Ford
Family, friends and admirers have said a final farewell to former U.S. first lady Betty Ford, who died last week at the age of 93. Mrs. Ford, an outspoken advocate for women’s rights and those battling addiction, was memorialized Thursday in the Michigan church where she married Gerald Ford more than six decades ago. Former […]
US Man Charged With Inciting Terrorism
A U.S. man has been charged with using a website to “promote violent jihad” and posting instructions on how to make a bomb. The U.S. Justice Department said Thursday 22-year-old Emerson Begolly moderates the popular Ansar al-Mujahideen English Forum. In a statement, officials accused Begolly of placing a number of postings in the last year, […]
Pentagon: Foreign Spies Stole 24,000 Classified Documents
The U.S. Defense Department has revealed a foreign government accessed 24,000 classified files in a cyberattack earlier this year, highlighting the need for its newly unveiled strategy to counter cyberthreats. Deputy Defense Secretary William Lynn said Thursday the attack in March was just one of a number of security breaches to U.S. defense computer networks. […]