Gene Sperling

The White House threatened Tuesday to veto legislation pending in the House to avert a threatened default, a pre-emptive strike issued as Speaker John Boehner labored to line up enough votes to pass the measure. Boehner faced criticism from some...

Lawmakers were close to a last-gasp $3 trillion deal on Sunday to raise the borrowing limit and assure jittery financial markets that the United States will avoid a potentially catastrophic default. The tantalizing possibility of an agreement raised...

The U.S. House on Monday passed the debt-ceiling deal worked out by President Barack Obama and congressional leaders, sending it to the Senate for consideration a day before the deadline for the government to face possible default. Senate Majority Leader...

WASHINGTON -- President Barack Obama signed a last-minute compromise plan to raise the nation's $14.3 trillion debt ceiling Tuesday afternoon, narrowly averting what could have been an unprecedented default with calamitous economic consequences. The U.S....

Refinancing program: Obama administration officials touted a revised home refinancing program as a boost to the broader economy....

Click here to download TV listings for the week of July 31 - Aug. 6 in PDF format TV listings for the week of July 31 - Aug. 6 in PDF format (from latimes.com/entertainment/news/tv) Weekly TV Listings and more can......

Christine Lagarde, managing director of the International Monetary Fund, will be a guest on "Fareed Zakaria GPS" at 10 a.m. on CNN. The program repeats at 1 p.m. Another guest will be Daniel Akerson, chairman and CEO of General Motors....

Also, Mitch McConnell, David Plouffe, Raul Labrador, Chuck Schumer, Jason Chaffetz, Jon Kyl, Dick Durbin, Kevin McCarthy, Ray Kelly, Claire McCaskill, John Thune and Gene Sperling....

The president and others take to Twitter to fight over the debt ceiling, 140 characters at a time....

Lawrence Summers: Former top White House economic advisor Lawrence Summers said there's at least a 33% chance the faltering economy will slip into another recession. He joins a growing chorus of economist raising alarms about a double-dip recession....

President Obama focuses on economy: President Obama met with corporate chief executives at the White House to discuss the economy and jobs....

President Barack Obama traded one Chicagoan for another as the White House chief of staff Thursday, selecting mayoral brother William Daley and a background deep in business and political experience to succeed mayoral contender Rahm Emanuel. In revealing...