Business - World Snap

Sobered by developments like the debt crisis in Europe and continued troubles in housing at home, the White House has

Obama blames Republican ‘rigidity’ for US woes

President Barack Obama has blamed his Republican opponents for the political logjam in Washington, saying their “ideological rigidity” is standing

Blaming the political fighting in Congress for America’s economic woes, President Barack Obama has asked lawmakers “put country ahead of

Painting a much gloomier picture of the economy, the US central bank has indicated it would take no new steps

In Wall Street’s worst day since the 2008 financial crisis, all three major US stock indexes sank between 5 percent