President Barack Obama emerged from the euphoria of his party's convention Friday and ran smack into the harsh reality of a bleak new report on the nation's unemployment outlook. Republican rival Mitt Romney pounced on the disappointing jobs figures as fresh evidence that it's time to put someone new in...

WASHINGTON (AP) — Democrats unveiled a party platform at their national convention Monday that echoes President Barack Obama's call for higher taxes…

Republican Mitt Romney is stepping up for the most important speech of his life, to an audience of millions, after a rousing warm-up from a running mate who vowed the days of dodging painful budget choices will end if voters toss President Barack Obama from office.

Republicans eagerly looked to showcase Mitt Romney as a man who understands everyday Americans and a leader who can fix the economy, with GOP National Convention speeches Tuesday by the woman who knows him best and tough-talking New Jersey Gov. Chris Christie.

Mitt Romney's Republican National Convention sputters to life Monday with the lonely banging of a gavel in a mostly empty hall, then hits full speed on Tuesday, just as forecasters say Tropical Storm Isaac could reach hurricane strength and make landfall somewhere along a stretch from New Orleans to the...

President Barack Obama would exempt military personnel from any automatic defense spending cuts, the White House says amid the congressional clamor for specifics on how the administration would implement the looming across-the-board reductions.

Automatic cuts in federal spending will cost the economy more than 2 million jobs, from defense contracting to border security to education, if Congress fails to resolve the looming budget crisis, according to an analysis released Tuesday.

House Republicans, stung by the Supreme Court decision upholding President Barack Obama's health care overhaul, are seizing on one wrinkle to bolster their election-year case for repeal the court's judgment that the penalty for failing to get insurance is a tax.