U.s. President | featured news

President Obama slammed Bank of America’s $5 debit card card fee in an interview with ABCnews.com and Yahoo on Monday, calling the charge “not good business practice.”

President Barack Obama's deficit reduction plan would be positive for U.S. ratings but chances of its implementation are "extremely low," Moody's Investors Service said on Monday.

President Obama acknowledged the end of the military's ban on gays serving openly in the U.S. armed forces Tuesday, saying that the nation has taken "another great step toward keeping our military the finest in the world and toward fulfilling our nation's founding ideals."

President Barack Obama will release a plan on Monday calling for more than $3 trillion in deficit cuts over 10 years, with about half of the savings coming from higher taxes on the wealthy and big corporations.

Markets declined on Friday in the wake of President Obama’s jobs speech that added to the uncertainty already weighing on global markets over the euro zone.

President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans to lay out a $300 billion job-creation package on Thursday, CNN reported, citing Democratic sources.

President Barack Obama on Friday sacked a controversial proposed regulation tightening health-based standards for smog, bowing to the demands of congressional Republicans and some business leaders.

President Barack Obama requested time Wednesday to deliver an economic address to a joint session of Congress on the evening of September 7 -- a prime-time platform to unveil his long-awaited jobs proposal.

President Obama on Wednesday declared a major disaster area in New York state because of Hurricane Irene, while residents of neighboring New Jersey faced fresh flooding as rivers were pushed to their limits by runoff from northern regions.

A White House official says President Barack Obama will name labor economist Alan Krueger to a top administration post.