A majority of economists surveyed by Bloomberg expect the Federal Reserve to decide today to extend Operation Twist, but not to initiate another round of quantitative easing. Operation Twist is an ef…

John Boehner (R-OH) and Harry Reid (D-NV) walk together after speaking with President Obama about the continuing budget negotiations on April 7, 2011. (Joshua Roberts/courtesy Reuters) The World Nex…

The rapidly approaching August 2nd deadline, as proclaimed by the U.S. Treasury, for raising Congress’s self-imposed debt ceiling is producing a flurry of deficit-reduction plans – or, more accurat…

President Obama’s “historic” deal with Iran is getting panned on Capitol Hill. And not just by Republicans. Senator Chuck Schumer, the number three Senate Democrat, and Senator Bob Menendez, the chai…

As the U.S. Congress looks to embark on immigration reform soon, many things have changed since the last try in 2007. One of the most important is the role of business—which is increasingly vocal and…