Democrats delay US debt ceiling vote
Senate Democrats delayed a vote to advance legislation to raise the US debt ceiling, giving lawmakers and the White House more time to reach a deal
July 31, 2011
U.S. Steps Up Probe of Nortel Patent Deal
The US Department of Justice is intensifying an investigation into whether tech giants including Apple, Microsoft and Research in Motion could use a recently acquired trove of patents to unfairly hobble …
July 30, 2011
US leaders in last-minute debt talks
The Republican leaders in Congress signalled that they were close to reaching a deal with President Barack Obama to raise the US borrowing limit and stave off a devastating default
Obama: It’s time for Washington to ‘get house in order’ over debt limit
Any solution to avoid default must be bipartisan. It must have the support of both parties that were sent here to represent the American people–not just one faction of one party. There are multiple ways to resolve this problem. Congress must find common ground on a plan that can get support from both …
US growth much worse than thought
US economic growth is much weaker than first thought, figures from the Commerce Department show.
July 29, 2011
Obama plea as US debt deadline looms
President issues a warning about the consequences of a credit-rating downgrade for the country if no debt ceiling agreement can be reached