Ben Cardin News
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The U.S. Postal Service is projecting a loss of as much as a $6 billion for the year as it keeps pressure on Congress for help, Postmaster General Patrick Donahoe said.
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Senate Finance Committee Chairman Max Baucus won’t seek re-election in 2014, ending a 36-year tenure capped by his co-authorship of the 2010 health-care law.
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Automatic cuts set to take effect today will pinch U.S. government functions as the country enters a more austere era that could push discretionary spending as a share of the economy to its lowest level in at least 50 years.
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Six U.S. lawmakers dropped their support for Hollywood-backed anti-piracy legislation as Google Inc., Wikipedia and other websites protest the measures.
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June 28 (Bloomberg) -- U.S. Senator Ben Cardin, a Maryland Democrat, talks about the Supreme Court's ruling upholding the core of President Barack Obama's health-care overhaul. He speaks with Peter Cook on Bloomberg Television's "Market Makers." (Source: Bloomberg)
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The Securities Exchange Commission of Pakistan will establish a bond-pricing agency within six months to value corporate notes and sukuk as the South Asian nation seeks to attract global investors to its capital markets.
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U.S. lawmakers hurtled toward a midnight deadline to avert hundreds of billions of dollars in tax increases and spending cuts, struggling to extract the country from a fiscal trap they created.
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Congress is considering ways to cut U.S. federal workers’ pay, benefits and possibly their jobs even as a record number are borrowing against pensions.
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Congressional negotiators said they agreed on a plan to extend a payroll tax cut and expanded unemployment benefits through the rest of the year.
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Natural-gas drilling that may provide a century’s energy for the U.S. must be managed to ensure safe water and air, a top Environmental Protection Agency official said.
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