Obama to propose protecting U.S. Arctic wildlife refuge from drilling

U.S. President Barack Obama will call on Congress to expand protection of Alaska's Arctic refuge where oil and gas drilling is prohibited to 12 million acres (5 million hectares), an area that includes 1.4 million oil-rich acres along the coast.

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Obama speech to call for closing tax loopholes

President Barack Obama's State of the Union address will propose closing multibillion-dollar tax loopholes used by the wealthiest Americans, imposing a fee on big financial firms and then using the revenue to benefit the middle class, senior administration officials said on Saturday.

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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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Washington governor pushes capital gains tax in face of budget gap

Washington state Governor Jay Inslee on Thursday proposed a new tax on capital gains to try to close a projected budget shortfall of more than $2 billion, rolling back on a no-new-taxes campaign pledge.

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Obama sketches 2015 agenda of taxes, trade; meets McConnell

President Barack Obama on Wednesday laid out a business-friendly legislative agenda for next year that hinges on whether he and the new Republican Congress can set aside long-simmering disputes and find common ground.

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U.S. House passes Keystone bill

The Republican-led U.S. House of Representatives approved the Keystone XL pipeline on Friday, but a similar measure struggled to get enough support in the Senate and President Barack Obama indicated he might use his veto if the bill does get through Congress.

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Investors eye U.S. election outcome as results trickle in

With Congressional election results so far confirming expectations, a Republican takeover of the U.S. Senate will likely deal investors a result that could have a direct effect on the energy sector and other slices of the equities market.

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Courting liberals, Clinton takes tougher line on big business

Long viewed as an ally by Wall Street, likely 2016 presidential contender Hillary Clinton has increasingly been taking banks and big business to task while on the campaign trail for Democrats across the country.

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