Barack Obama

Barack Obama News

  • Insurers Defend $329 Billion Muni Exception Amid Debate

    Updated 7 minutes ago

    Property and casualty insurers are voicing concerns that longstanding tax exemptions for municipal bonds could be disrupted as part of a broader U.S. tax-code changes being considered by Congress.

  • Obama Joins Erdogan in Latest Demand for Assad Ouster

    Updated 28 minutes ago

    President Barack Obama and Turkish Prime Minister Tayyip Erdogan presented a joint front against Syrian dictator Bashar al-Assad even as Obama shies away from deeper U.S. involvement in the conflict, such as sending weapons to the rebels.

  • Turkey Bond Yields Drop to Record on Moody’s Investment Grade

    Updated 32 minutes ago

    Turkey’s bonds rallied, sending yields to all-time lows, after Moody’s Investors Service raised the country to investment grade for the first time in two decades, fueling expectation of capital inflows. The lira weakened on speculation the central bank will cut rates.

  • Turkey Raised to Investment Grade by Moody’s on Debt Cuts

    Updated 3 hours, 15 minutes ago

    Turkey’s first investment-grade rating from Moody’s Investors Service in two decades sent bond yields to record lows as stocks rallied.

  • Texas Fertilizer Blast Probe Can’t Pinpoint Fire’s Cause

    Updated 30 minutes ago

    The investigation of a fire and explosion at a Texas fertilizer plant that killed 14 people hasn’t pinpointed the cause, which may include a faulty golf cart, the facility’s electrical system or an intentional act.

  • Obama Says Sexual Assaults Hurt Trust Within Armed Forces

    President Barack Obama said sexual assaults and harassment are undermining trust among members of the U.S. armed forces and pose a threat to military readiness.

  • FCC Nominee to Divest AT&T, Verizon to Avoid Conflict

    Updated 17 minutes ago

    Tom Wheeler, President Barack Obama’s nominee to head the FCC, agreed to sell holdings of $500,001 to $1 million in both AT&T Inc. and Verizon Communications Inc. to resolve possible conflicts of interest before taking office.

  • Bipartisan House Group Reaches Tentative Immigration Deal

    Updated 20 minutes ago

    A bipartisan group of U.S. House members has reached a tentative agreement on a comprehensive revision of the U.S. immigration system, according to three lawmakers, as a Senate committee proceeds with its own plan.

  • Pentagon Said to Seek $80 Billion for War Amid Withdrawal

    The Pentagon will ask Congress to approve about $79.5 billion for combat operations, the least since 2005, as U.S. troops withdraw from Afghanistan, according to administration officials.

  • Polling Specialists Question Pentagon Sex-Assault Survey

    Findings from a Pentagon survey on sexual assault in the military, which triggered outrage about what the chairman of the Joint Chiefs of Staff calls a “crisis,” may be based on scanty response rates, questionable data and broad definitions of what constitutes abuse.

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