WASHINGTON - A bipartisan budget deal announced in the U.S. Congress on Tuesday, though modest in its spending cuts, would end three years of impasse and fiscal instability in Washington that culminated in October with a partial government shutdown.
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WASHINGTON - The Democratic-led U.S. Senate on Tuesday confirmed the first two of President Barack Obama's stalled nominees since it stripped Republicans last month of their power to block the approvals with procedural hurdles known as filibusters.
ON BOARD AIR FORCE ONE - Members of a uniquely exclusive club had dinner together at a uniquely exclusive venue on Tuesday: President Barack Obama and his wife, Michelle, hosted former President George W. Bush and his wife, Laura, for a meal on Air Force One.
WASHINGTON - U.S. banks will no longer be able to make big trading bets with their own money after regulators finalized on Tuesday a rule shutting down what was a hugely profitable business for Wall Street before the credit crisis. | Video
WASHINGTON - The U.S. Senate is likely to vote next week on President Barack Obama's choice of Janet Yellen to be the next chief of the Federal Reserve, a senior Senate Democratic aide said on Tuesday.