U.S. stocks erased losses, after the Standard & Poor’s 500 Index had its biggest decline in a week yesterday, as investors watched developments in Ukraine and weighed prospects for global economic growth.
Barack Obama called Russia’s incursion into Crimea a violation of international law and told Ukrainian Prime Minister Arseniy Yatsenyuk that the U.S. stands with Ukraine to protect its sovereignty and territory.
President Barack Obama is emphasizing economic issues that affect women, a key voting bloc in November’s congressional elections, meeting today with female lawmakers at the White House and releasing a report on the gender gap in income.
A bipartisan U.S. Senate plan to dismantle Fannie Mae and Freddie Mac must clear many political hurdles in a short time if it is to become law, leaving narrow chances of a housing-finance overhaul being enacted this year.
Some U.S. workers who don’t get overtime compensation under what’s known as the “white-collar exemption” would be able to collect extra pay under revised regulations President Barack Obama plans to order tomorrow, according to a White House economist.
Canadian Prime Minister Stephen Harper has stressed the need to diversify his country’s exports away from the U.S. since taking power in 2006. One deal at a time, he’s piecing together access to markets for Canadian exports equal to more than half the world economy.