Republican congressional leaders have sent a new proposal to the White House as part of the negotiations aimed at preventing America being forced over the fiscal cliff on January 1.
Two years ago, Bloomberg ran a survey of American investors.
It's still four years to go until the next US presidential election, but already the Republicans are having cold sweats over the prospect of facing Hillary Clinton at the ballot box, judging by the comments of Newt Gingrich.
President Barack Obama and the leader of the Republicans in the House of Representatives have met in the latest attempt to break the stalemate in the fiscal crisis negotiations that could propel the US back into recession if no deal is secured by 1 January.
Barack Obama has rejected the latest proposal from Republican leaders on how to avoid the fiscal cliff, dismissing their offer as unbalanced and based on faulty calculations.
The first serious proposals from the White House to solve the looming "fiscal cliff" of tax rises and budget cuts appear to have been rejected out of hand by Republican leaders in Congress.
36-year-old Jeffrey Bush is feared dead after being swallowed up by a sinkhole which opened up under his bedroom floor and swept him away.
Boris Johnson has urged the government to make multinational companies such as Google pay their share of tax in the UK instead of pushing ahead with "absurd" Liberal Democrat proposals to impose a mansion tax on large homes.
Republican and Democratic lawmakers expressed extreme scepticism on Wednesday about the prospect of Barack Obama's gun reform package making it through Congress.
The pressure on John Brennan, Barack Obama's nominee for CIA director and the architect of the White House strategy on drones, intensified on Wednesday amid revelations of a secret CIA drone base in Saudi Arabia.
Mitt Romney's campaign team mounted a counter-attack Friday over a controversial pro-Obama ad linking the Republican presidential challenger with a woman's death from cancer.
Stock markets reacted nervously to President Barack Obama's victory Wednesday as the focus in Wall Street and Washington shifted from electoral politics to the the fight over the so-called "fiscal cliff".
Two volunteer firefighters were shot dead on Monday by a convicted killer who lay in wait after setting a house alight to lure them to the scene.
The head of the CIA David Petraeus resigned on Friday, saying that he had shown "extremely poor judgment" by having an extramarital affair.
The worlds of politics and weather are combining as tropical storm Isaac is expected to turn into a hurricane and hit Florida in time for the Republican national convention next week.
The home secretary, Theresa May, faces a lengthy legal battle to overturn this week's ruling by British judges that the radical Islamist cleric Abu Qatada should not be sent back to Jordan to face trial.
Khalid Ali-M Aldawsari, 22, a citizen of Saudi Arabia and resident of Lubbock, Texas, was sentenced Tuesday by U.S. District Judge Donald E. Walter in federal court in Amarillo, Texas, to life in prison.
Barack Obama used his first public appearance since his return to the White House to issue a challenge to Republicans in Congress to work with him to prevent the economy going into freefall next year.