Republicans' new acquiescence to letting the government pile up more debt with no strings attached paid double political dividends: It spared the GOP another politically debilitating showdown with President Barack Obama and also forced Democrats to cast votes that rivals immediately used against them in this year's midterm elections.
Cold weather across much of the nation contributed to a drop in retail sales in January. Americans spent less on autos and clothing and at restaurants — a decline that suggests that momentum from consumer spending at the end of 2013 has tailed off.
Nearly 3.3 million Americans have enrolled in health coverage on state and federal health insurance marketplaces as of Feb. 1 and sign-up rates for young adults continued to grow, according to new figures released Wednesday by the Obama administration.
President Barack Obama and Congress get dismal approval ratings from the American public, as most people see little hope Washington can improve the economy or their lives, a new McClatchy-Marist Poll finds.
The House of Representatives voted narrowly Tuesday to raise the nation’s debt ceiling, likely averting a potential default but also failing to attach any of the conditions conservatives had hoped to attach to the must-have legislation.