Congress

Manufacturing activity in China is on the rise according to survey results from the latest Purchasing Managers Index in China. The Purchasing Managers Index (PMI) rose to 51.0 in February, up from 50.5 in January. A score above 50.0 is an indicator of improving economic activity. The official...

Congressman Keith Ellison discussed the distressed housing market with Federal Reserve Chairman Ben Bernanke today during Bernanke's testimony before Congress. Congressman Ellison noted that the poor housing market wasn't only hurting the economy because of the loss of construction jobs but that...

Federal Reserve Chairman Ben Bernanke was testifying before Congress today when Republican Congressman Steve Stivers of Ohio asked him to share his thoughts on using a balanced budget amendment to reduce America's fiscal deficit. Although Chairman Bernanke usually doesn't like to comment on the...

During Federal Reserve Chairman Ben Bernanke testimony today before Congress, Republican Congressman Spencer Bachus and Democrat Congressman Barney Frank engaged in a debate over what would be the best way to solve America's growing deficit problem. Congressman Bachus said that the most important...

The payroll tax cut debate is heating up in the U.S. Congress right before the holidays, as the politicians are trying to find a mutual ground. President Obama and the democrats have been defending the pay roll tax cuts, whereas the republican politicians have been reluctant to extend them. The...

NPR's All Things Considered featured a story on Friday regarding growing discontent in the US over Congress and lawmakers' sentiments on political problems in America. In October, a CBS News/New York Times poll showed that Congress' approval rating had sunk to 9 percent, an all-time low. It...

During the 1990s, the internet started to gain mainstream appeal amongst many facets of the American public. SInce then, the internet has become a staple for many people, integrating itself into the lives of millions of Americans and other people worldwide. Since its introduction into the...

The United States Congress appears to be failing to come up with an appropriate budget cutting decision in a timely manner. Especially in a time when Europe is struggling to find funding to support itself, the United States seems to be acting similarly. Regardless of when Congressional leaders...

The Dow is dropping Monday, as Wall Street reacts to the news that the so-called congressional Super Committee will be unable to reach a debt reduction deal by Wednesday's deadline. The Committee, made up of 6 Democrats and 6 Republicans, is deadlocked on how to cut $1.2 trillion from the debt....

Now that the general public is fully aware of the Stop Online Piracy Act, many companies and private citizens have spoken out against it. The controversial bill is being debated in the House of Representatives right now, and if passed, could give the United States' attorney general full control to...