UNITED STATES

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Obama to spell out new healthcare plan

President Barack Obama is expected to publish his healthcare plan as early as Sunday or Monday, combining features of the two Democratic bills passed by the Senate and House of Representatives, congressional aides and healthcare advocates said on Friday.
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Abbas considers options on peace talks restart

Palestinian President Mahmoud Abbas is considering his options on resuming indirect peace talks with Israel after meeting U.S. and European diplomats this week, a senior aide said on Friday.
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Russia very alarmed at Iranian nuclear stance

Russia said on Friday it was very alarmed by Iran's failure to cooperate with the IAEA, after the U.N. nuclear agency said it feared Tehran might be working to develop a nuclear missile.
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Obama announces new fund to address housing woes

President Barack Obama used a campaign push for Senate Majority Leader Harry Reid on Friday to announce a new fund to support homeowners in five states hit hardest by the U.S. housing crisis.
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Stocks edge up as jitters over Fed move ease

Stocks edged higher in choppy trading on Friday as investors took the Federal Reserve's surprise increase in its discount rate as further evidence the financial system is strengthening.
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Microsoft steps up search assault on Google

Microsoft Corp's assault on search engine leader Google Inc took a major step forward on Thursday as U.S. and European regulators cleared the software company's search partnership with Yahoo Inc.
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Economic Outlook for 2010 and Commentary

Expect the Fed to keep the Federal Funds Rate at current levels near 0-.25% for the remainder of this year at least. I know this might come as shock to many, and it repeats last year's forecast verbatim. The fed has new tools at its disposal beyond the scope of this article, but suffice it say the current language extended period of time means we are not changing this language for at least 3-6 months; when the Fed changes the language that will mean only that the door is open to the language...
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Inflation tame, supports Fed's low rate vow

Consumer prices edged higher in January, while prices excluding food and energy fell for the first time in 27 years, supporting the Federal Reserve's contention it would keep its benchmark interest rate low for an extended period.
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U.S. enlists UPS in quest to double exports

The Commerce Department is expanding a partnership with package delivery giant United Parcel Service to help double U.S. exports in five years, U.S. Commerce Secretary Gary Locke said on Friday.
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Wall Street recovery prompts Fed tightening

The Federal Reserve has continued to target its liquidity withdrawal for the banking system as conditions improve for Wall Street and prominent hedge funds take huge positions in financial institutions.
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U.S. agency says Google can be power marketer

Google Inc won approval from U.S. energy regulators to act as a power marketer, which will make it easier for the Internet search giant to obtain renewable energy to run its huge data centers.
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Obama names deficit panel, gives it broad leeway

President Barack Obama named a bipartisan panel on Thursday to tackle exploding U.S. budget deficits and promised it broad leeway to recommend ways to put the country on a path to fiscal responsibility.

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