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After months of rhetoric, Biden and congressional leaders met to discuss debt ceiling
President Biden heads to a New York district where Republicans eked out a victory in 2022. It's part of a push to put pressure on vulnerable Republicans to lift the debt ceiling.
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3:25
Ukraine's currency is being bolstered with financial support from other nations
Financial assistance to Ukraine will help shore up the country's currency, which has maintained strong buying power despite the war.
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4:38
House Passes Stimulus Minus GOP 'Yes' Votes
The House has passed an $825 billion economic stimulus bill. However, no Republicans voted for the bill. They say it has too much spending and not enough tax cuts. It was a loss for bipartisanship but an early win for President Obama — just eight days into his presidency. The bill now goes to the Senate.
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0:00
House, Senate Strike Deal On Stimulus
Senators announced a compromise between House and Senate negotiators on the economic stimulus package. Some House Democrats are upset that money for states and schools had been removed from the measure, but backed the deal.
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Justice Ginsburg Treated For Pancreatic Cancer
U.S. Supreme Court Justice Ruth Bader Ginsburg was hospitalized on Thursday and treated for pancreatic cancer. Ginsburg, 75, has told friends she intends to be back on the bench when the court reconvenes Feb. 23. Nevertheless, there's speculation about whom President Obama would chose to replace her should she step down.
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Helping Science, May Hurt Pro-Life Relations
President Obama kept a campaign promise Monday by overturning President Bush's restrictions on federal funding of embryonic stem cell research. But the stem cell executive order — and a companion presidential memo intended to rebuild the wall between politics and science — aren't helping the administration's efforts to reach out to the pro-life community.
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Cash Or Credit, Car Deals Abound
Most people are putting off big purchases during the recession — especially cars. Dealers are trying to change that with what analysts say are some of the lowest prices in a long time. But all those rebates and discounts have yet to re-kindle the market.
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3:55
Burris Admits Contacts With Blagojevich Advisers
There are growing calls for new Illinois Sen. Roland Burris to resign. A county prosecutor in Illinois is looking into whether Burris perjured himself in testimony to Illinois lawmakers about how he got appointed to the Senate. The Democrat has acknowledged trying to raise money for ousted Gov. Rod Blagojevich before being appointed to the Senate.
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Stocks Hit Lowest Level Since 1997
The expanded bailout of AIG wasn't greeted too enthusiastically on Wall Street. The stock market plunged sharply Monday — closing down below 7,000 for the first time in 12 years.
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Gov. Blagojevich In N.Y. As Trial Begins In Ill. Senate
The impeachment trial of Illinois Governor Rod Blagojevich begins Monday in the state Senate. Instead of going to the state capital to defend himself against charges that he has abused the power of his office, Blagojevich will be making the rounds to TV studios in New York. He's trying to salvage what's left of his flagging political career.
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