Brent crude oil remained steadily near $107 on Tuesday, after Monday brought about mixed news that balanced prices, trading at $107.26. The commodity touched $108 on Monday after the world's second largest oil consumer, China, released data showing its oil imports increased in November. The news...

Tellabs Inc. (Nasdaq: TLAB) and St. Jude Medical Inc. (NYSE: STJ) are the latest companies to announce that they will be repurchasing shares of outstanding stock before the end of the year. On November 20, Tellabs' Board of Directors announced that the company would be repurchasing up to 22.5...

I remember years ago, when I used to be a die-hard Republican. I'd see some news story about how Republicans were going to "stick it" to the Democrats over this issue or that issue, and I would love it. I'd get all warm and fuzzy inside, the way Christians must feel when they drive by a homeless...

House Speaker John Boehner (R-Ohio) plans to introduce a five-year highway and transportation bill that matches funding proposed by Senate Democrates in a similar version of the legislation. Transportation spending is often used by politicians from both parties to jolt job creation and with shoddy...

It's a shame that dueling is illegal, because after watching this report on '60 Minutes', I would love to be able to go 12 paces with scumbag Alabama Representative Spencer Bachus. Bachus, at the time the ranking member of the House Financial Services Committee (and now its Chairman), played an...

Last night, the key Republicans in both the House of Representatives and the U.S. Senate sent a letter to Federal Reserve Chairman Ben Bernanke speaking out against additional monetary stimulus, and the potential for a third round of quantitative easing, now known as Operation Twist. Here is the...

All of the significant stock market indexes in the Asia/Pacific region ended Monday trading higher after news broke that President Barack Obama and Congressional leaders had reached a deal to raise the United States debt ceiling in order to prevent the country from defaulting on its debts. The...

The President of the United States told the country on Sunday evening that Republican and Democratic leaders in the Senate and House of Representatives have struck a deal to raise the nation's debt ceiling. The tentative agreement comes after a weekend of intense negotiations on Capitol Hill. “...

Bernie Madoff victims scored a victory, reaching a settlement of more than $1 billion with Tremont Group Holdings Inc. Madoff, the guy who keeps on stealing. The House postponed a vote last night to try to pass Speaker John Boehner's (R-OH) plan to raise the federal borrowing limit and cut the...

It may not be the fat lady singing at the end of the opera, but the portly Congressmen this time is talking about the end game. Congressmen Barney Frank (D-MA) said that he believes a default is more likely now than it was before, with all of the finger pointing and fighting going on in Washington...