President Obama will announce his decision on how many American troops to withdraw from Afghanistan Wednesday night. In late 2009, the president had approved a "surge" force of 30,00 troops. At the time, he promised to begin bringing them home in July 2011. With that deadline approaching, a debate has emerged inside the White House about how many troops to pull out.
J.P. Morgan Chase will pay more than $150 million to settle charges the firm misled investors about the riskiness of the mortgage backed securities the firm was selling. The Securities and Exchange Commission says J.P Morgan Securities designed the packages to do poorly and then hid that fact from investors. The company neither confirms nor denies the allegations.
After formally announcing his Republican presidential campaign Tuesday, Jon Huntsman went straight to New Hampshire to start drumming up votes. On Wednesday, he travels to South Carolina, a critical stop for the former Utah governor and former ambassador to China because he doesn't plan to campaign in Iowa.
The government says junk food marketers shouldn't advertise to kids. Not just on TV, but also online, in schools and in stores.
The guidelines being proposed are voluntary; food companies can opt out. Still, with four powerful agencies, including the Federal Trade Commission and the Food and Drug Administration, throwing their weight behind the proposal, the food industry is taking the measure seriously.
One of the most contentious issues is whether the marketing limits should be applied to older kids, aged 12 to 17 — like 13-year-old Reed Weisenberger.
Growing numbers of lawmakers on both sides of the aisle are balking both at the length of the war in Afghanistan and its cost.
Late last month, a few weeks after U.S. forces killed al-Qaida leader Osama bin Laden in Pakistan, the Republican-run House voted on a bipartisan amendment aimed at hastening an end to the war in Afghanistan. To the surprise of many, it fell just six votes shy of passing.
Rep. Scott Garrett (R-NJ) was one of 26 members of his party who joined nearly every Democrat in voting for the measure.
Defense Secretary Robert Gates urges NATO members to boost defense spending. He is speaking on June 10 in Brussels.
Credit John Thys / AFP/Getty Images
One of the calculations in President Obama's decision Wednesday on U.S. troops in Afghanistan is the growing concern about the cost of military operations — not only in that country, but in other areas as well.
Funding for NATO is coming under the microscope amid growing complaints about the U.S. paying a disproportionate share to the alliance.