White House

China, Taiwan Presidents to Meet in Singapore, despite growing public opinion backlash

Chinese President Xi Jinping and Taiwanese President Ma Ying-jeou will meet for the first time in Singapore amidst the expected public opinion backlash. Reuters reported that the meeting coincides with Taiwan's growing anti-China sentiments as the presidential and parliamentary elections are nearing this January.

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President Obama shares his choice of songs on Spotify summer playlist

President Barack Obama had handpicked his own song playlist on Spotify, a first from the White House, while the President is having his vacation in Martha's Vineyard.

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Land of the Free: Google Fiber announces free high-speed internet access to residents of public housing

In what seems to be a radical move, Google Fiber has announced to offer free high-speed internet access to residents of public housing.

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How an off-the-cuff remark shaped Jeb Bush's economic vision for U.S.

There were no fancy economic models or forecasts when former Florida Governor Jeb Bush first tossed out the idea that 4 percent annual growth should be the overarching goal for the U.S. economy.

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Nike backs Obama on trade with pledge to create 10,000 U.S. jobs

Sports shoe maker Nike Inc put its weight behind President Barack Obama's push for a trade deal with Asian countries on Friday with a promise to create up to 10,000 U.S.-based manufacturing jobs if the pact is approved.

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Clinton: Unfair that fund managers pay lower tax rate than truckers

Democrat Hillary Clinton blasted executive pay and tax rates for hedge-fund managers on Tuesday, using the first stop of her low-key campaign rollout in Iowa to highlight her promise to help Americans struggling toward economic recovery.

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Obama to promote U.S. jobs, investment to international executives

President Barack Obama will promote U.S. business investment programs to executives from Google Inc, BMW AG and other international companies on March 23 at an administration-led summit to boost job creation in the United States.

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U.S. Republican hopefuls Bush, Walker change their tune on ethanol

Potential Republican presidential candidates Jeb Bush and Scott Walker told Iowa voters on Saturday that they supported government policies to boost ethanol use, a change in position that could help their prospects in the corn-growing state.

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Obama presses new rule for broker advice on retirement investments

President Barack Obama will direct the Department of Labor on Monday to proceed with new rules that would rein in conflicts of interests among Wall Street brokers who advise clients on retirement investments, administration officials said.

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Wal-Mart, under pressure, boosts minimum U.S. wage to $9 an hour

Wal-Mart Stores Inc (WMT.N) said it would raise entry-level wages to $9 an hour, a 24 percent increase from the U.S. minimum wage that some employees now earn, succumbing to longstanding pressure to pay its workforce more.

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White House issues veto threat for House bills on tax breaks

The White House on Tuesday issued formal veto threats for two U.S. House of Representatives bills, one that would permanently extend certain tax breaks for small businesses, and the other that would make permanent the current tax breaks for certain charitable donations.

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Obama's top economic adviser seeks tighter broker regulations: Bloomberg

A top economic adviser of U.S. President Barack Obama has called for tighter regulations on Wall Street brokers, saying abusive trading practices were costing billions of dollars to clients in their retirement savings each year, Bloomberg reported.

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Obama says U.S., not China, must write trade rules

President Barack Obama said on Tuesday the United States and not China must write trade rules for Asia and called on Congress to give the White House a freer hand to close trade deals.

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White House says net neutrality legislation not needed

The White House on Thursday said legislation was not necessary to settle so-called "net neutrality" rules because the Federal Communications Commission had the authority to write them.

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U.S. free trade critics, supporters kick off battle for public opinion

Supporters and critics of free trade are readying for a bitter battle this year over major free trade deals and legislation to fast-track trade agreements through the U.S. Congress.

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