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obama071910_30Jan15.jpg President Barack Obama announced Friday that he will include a "Precision Medicine Initiative" in the budget proposal he plans to send to Congress on Monday. Obama will request $215 million for the initiative, which the White House described as a bold new research effort to revolutionize how we improve health and treat disease.

Romney-013015.jpg Former Massachusetts Governor Mitt Romney revealed Friday that he has decided against a third run for the White House in 2016. Romney, the unsuccessful Republican presidential nominee in 2012, said it was time to give other Republicans a chance.

CONSUMER-RETAIL_30Jan15.jpg While the University of Michigan released a report on Friday showing a modest downward revision to its reading on U.S. consumer sentiment in the month of January, the index remained at an eleven-year high.

chicago-013015.jpg Chicago-area business activity unexpectedly grew at a faster pace in the month of January, according to a report released by MNI Indicators on Friday, with the Chicago business barometer rebounding following two consecutive monthly declines.

Top seed Novak Djokovic and Andy Murray will fight it out in Australian Open men's singles final Sunday. World No.1 and four-time Melbourne winner Novak got sweet revenge for last year's quarterfinal defeat to Stan Wawrinka, winning Friday night's semifinal in five sets. After four sets of momentum-shifting...

GDP-013015.jpg Economic activity in the U.S. continued to increase in the final three months of 2014, according to a report released by the Commerce Department on Friday, although the pace of growth slowed by more than economists had expected.

The eighth round of the Transatlantic Trade and Investment Partnership (TTIP) negotiations between the European Union and the United States will kick off in Brussels Monday. The Directorate General for Trade of the European Commission will organize a stakeholder event on Wednesday to ensure that...

The year 2014 was a 'black year' for European security but NATO has been able to respond to the changing environment, NATO Secretary General Jens Stoltenberg said during the launch of his Annual Report Friday. Stoltenberg said violent extremism close to NATO's southern borders is fuelling terrorism...

U.S. and Chinese defense officials will meet at the Pentagon on February 5 for the Defense Policy Coordination Talks, according to a Pentagon official. David Helvey, deputy assistant secretary of defense for East Asia, will host the talks with Rear Admiral Li Ji, deputy director of the Chinese ministry...

US Defense Secretary Chuck Hagel announced Thursday the release of the Military Compensation and Retirement Modernization report, which contains recommendations to improve the efficiency and sustainability of compensation benefits for service members and veterans. A panel of independent, bipartisan...

The World Health Organization on Thursday said the battle against the deadly Ebola virus has shifted from slowing transmission to ending the epidemic, after the number of new cases dropped dramatically. The agency said the number of new Ebola cases recorded in West Africa during the week dropped below...

graham-012915.jpg An already crowded field of potential Republican presidential candidates received another new member on Thursday, as Sen. Lindsey Graham, R-S.C., launched a political committee to explore a run for the White House in 2016.

img5-012915.jpg After more than two weeks of debate, the Senate voted Thursday to pass legislation authorizing construction of the Keystone XL oil pipeline. The Senate voted 62 to 36 in favor of the bill, with nine Democrats joining with Republicans to approve the legislation.

comcast-012915.jpg Comcast Corp found itself in an unsavory situation after a customer's name on a bill was changed from Ricardo to 'A**hole', ostensibly by a disgruntled employee who tried to get the customer to retain her current cable service and sign a two-year contract.

Obama1-012915.jpg President Barack Obama will travel to Philadelphia on Thursday to meet with House Democrats and outline his budget proposal that includes rolling back the budget cuts known as sequestration.

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