China's new air defense identification zone over the East China Sea has caused "significant" unease in the region, Vice President Joe Biden said on Thursday, adding he had stated Washington's firm objection to the move during talks in Beijing. Biden had around five hours of discussions with President Xi Jinping on Wednesday, with both leaders laying out their perspective on an issue that has rattled East Asia. The zone, two thirds the size of Britain, covers an area that includes islands at the heart of a territorial dispute with Japan.
President Barack Obama says the income gap between America's rich and poor is a "defining challenge of our time." He says income inequality has jeopardized the nation's middle class and is urging steps to ensure that the economy works for all.
The District of Columbia raised the minimum wage to $11.50 per hour, the highest in the country. President Obama wants to see higher minimum wage laws spread across the country.
Companies in the U.S. boosted payrolls by 215,000 in November, much better than experts predicted.
Policy makers must take into account that Americans aren't giving like they used to, according to American Enterprise Institute President Arthur Brooks: "Americans have an unparalleled history of giving generously to others. Traditionally, we've made this manifest in federal law by letting citizens deduct charitable contributions from their taxes."
Undocumented illegal immigrants can begin receiving driver's licenses in Illinois this week. The measure is a major test for the legislation.
President Obama performed a linguistic sleight of hand with the website 'fix', Charles Krauthammer said on Fox News Tuesday: "Amazon refreshes its best seller list every hour...Every hour. And these guys say we're going to have to wait a month until we'll be able to tell you how many enrolled? This thing is absolutely nonfunctional."
Republican Rep. Raul Labrador from Idaho lamented during a Capitol Hill hearing that Democrats who would constantly "b**ch and whine" about George W. Bush don't seem to be concerned at all about how President Obama uses his power.
Bloomberg chief markets correspondent Scarlet Fu displays where the United States ranks globally on scores in math, reading and science - figures that have major implications for the future workforce and economy.
Fast-food workers are rallying with labor unions for a national strike Thursday. Workers claim the federal minimum wage of $7.25 per hour is not adequate. They are pushing for the unlikely sum of $15.00 an hour.