A candidate for the anti-immigration One Nation party in Australia’s Sept. 7 general election resigned from the campaign after her comments criticizing Islam in a television interview attracted ridicule.
President Barack Obama predicted Republicans won’t follow through on threats to shut down the government next month over disagreements about federal spending and his health-care law, saying such a move would risk a new economic crisis as the U.S. is recovering.
President Barack Obama broke almost five years of silence on post-crisis plans for housing finance by endorsing an approach that would scale back the government’s role to covering mortgage losses only during a catastrophe.
Newark Mayor Cory Booker, who lived on food stamps and resided in low-income housing to identify with his poor constituents, is acknowledging his status as a technology millionaire as he campaigns across New Jersey for a U.S. Senate seat.
Even after yesterday’s 14 percent decline, the price U.S. refiners are paying to comply with a 2007 law that requires companies to blend ethanol with gasoline is at least 10 times more than at the start of the year.
Regulators in Washington probably won’t heed Time Warner Cable Inc.’s call for help in a dispute that has blocked CBS Corp. television shows from more than 3 million subscribers in cities such as New York and Los Angeles.
Iranian President Hassan Rohani’s offer to participate in nuclear negotiations stops short of halting his nation’s uranium enrichment program as demanded by countries that imposed sanctions crippling its economy.
Texas lawmakers agreed to let voters decide whether to raise highway funds by diverting some oil and natural-gas tax revenue from reserve accounts in a state where spending on roads and bridges hasn’t kept pace with growth.