Stocks extended their loss on Wall Street today. Blue chips down more than 500 points at one time. Preliminary closing numbers have the Dow down 421 points right now, with financials and tax stocks hit hard. The NASDAQ and the SP 500 both down more t
President Obama says it will probably be at least a year before home prices start rising again and sales pick up. It will probably take this year and next year for us to see a slow appreciation again in the housing market. And he says the federal gov
President Obama is reaching out to the nation's heartland to help him identify ways to encourage more economic growth in rural communities. To that end, the president hosted a forum today on rural development at a community college in northeastern Io
We're seeing a seesaw effect on Wall Street, where the market turned higher at late morning before moving downward again by mid-afternoon. And this on a day that's seen big losses overseas. Major European share markets closed lower today, capping a t
President Obama is declining Senate Republicans' invitation to visit the Capitol and speak to them about the impasse in budget talks. White House spokesman Jay Carney said there's no point since the White House already knows Republicans' position. Ea
It has been a day of bloodshed in Oslo, Norway. At mid afternoon local time, a mass explosion tore apart a government building housing the prime minister's office. At least seven people are dead there. The prime minister was not in the building at th
There are reports that momentum toward a deficit-cutting deal is building in Washington, but the White House says there's nothing imminent. NPR's Scott Horsley is tracking the negotiations. Scott, What's the status on debt talks? Lakshmi, so far ther
President Obama is holding separate meetings today with Republican and Democratic congressional leaders, as NPR's Mara Liasson reports, to see if there can be a solution to the impasse over the debt ceiling. The two meetings at the White House will d
There's a new reason for hope in the talks over raising the debt ceiling. As NPR's Ari Shapiro reports, a bipartisan group of senators has revived the proposal that now has President Obama's blessing. The president says this Senate plan puts lawmaker
House Republicans are spearheading a bill that they say would cut, cap and balance the federal budget. President Obama says if it gets to his desk, he'll veto it. NPR's Ari Shapiro reports this is all part of the contentious debate over reducing defi
The phone-hacking scandal in Britain has taken a sudden new twist. NPR's Philip Reeves says the country's most senior police officer has now resigned. The scandal is spreading. Sir Paul Stephenson, head of London's Metropolitan Police, has resigned
Despite objections raised by China, President Obama welcomed the Dalai Lama to the White House today. China had warned meeting with the Tibetan spiritual leader could damage US-Chinese relations. Administration officials say the visit shows the presi
Despite threats of retaliation from Muammar Gaddafi, NATO this weekend continued its assaults on government positions inside Libya. Reporting from Tripoli, NPR's Corey Flintoff reports rebels have been trying to push toward the capital city, but they
Shuttle Atlantis's flight to the International Space Station is unlike any other. This one is historic. This morning, Atlantis lifted off from Florida's Kennedy Space Center for the last time. NASA's ending the shuttle program so it has more resource
No breakthroughs yet on raising the debt ceiling. But President Obama calls today's bipartisan meeting at the White House very constructive. NPR's Ari Shapiro has our story. President Obama spent more than an hour meeting with eight congressional lea
A first for President Obama today when he launched a town hall meeting on Twitter. I'm going to make history here as the first president to live tweet. Jobs and the economy were at center stage. He also reiterated the warning about raising of the deb
From NPR News in Washington, I'm Lakshmi Singh. With less than a month left to raise the debt ceiling, Congress is back at the negotiating table this week. NPR's Ari Shapiro reports the Senate had to cancel its 4th of July break to push on with the t
A British soldier has been killed in Afghanistan's Helmand province. NATO forces found the body after an extensive search this morning. Taliban insurgents claim they executed him. This as General David Petraeus attended a re-enlistment ceremony in Ka
Thailand will soon have its first woman prime minister. Yingluck Shinawatra addressed her supporters after her party won in a landslide. Her brother Thaksin was prime minister until he was deposed in a military coup in 2006. The Swiss government conf
President Obama today again urged Congress to consider eliminating some tax breaks as part of an effort to reduce federal debt. Republicans are demanding spending cuts in exchange for agreeing to raise the debt ceiling, but they say they won't consid