President Barack Obama will use a campaign stop for Senate Majority Leader Harry Reid on Friday to announce a new initiative to help support homeowners in five states hit hardest by the U.S. housing crisis.
Stock index futures fell on Friday on a surprise increase in the Federal Reserve's discount rate that signaled to some investors that the U.S. central bank may be starting to retreat from its easy money policy.
President Barack Obama on Thursday set up a bipartisan commission to tackle stubborn U.S. budget deficits, though many are skeptical Washington has the stomach right now for the tough remedies needed to address spiraling deficits and debt.
Fewer than two in 10 Americans are confident of their ability to invest in the stock market, although 60 percent still believe equities are important in a portfolio.
Top White House adviser Lawrence Summers on Thursday played down the significance of a decline in China's holdings of U.S. Treasuries.
The top U.S. Marine in the Pacific said on Friday that his forces needed to be based on the southern island of Okinawa for strategic reasons, as Tokyo struggles to resolve a dispute with Washington over relocating a base.
The head of Toyota Motor Corp will need a crash course in preparing for his debut in the U.S. Congress next week.
China accused President Barack Obama of damaging ties by meeting the Dalai Lama and said it was up to Washington to repair relations between the two global powers, while stopping short of threats of retaliation.
Stock index futures dipped on Friday on a surprise announcement by the Federal Reserve that signaled to some investors that the central bank may be retreating from its easy money policy.
In a year in which Republicans look likely to make sweeping gains in congressional and governors' elections, New York Democrats are more concerned with fighting each other.
The U.N. nuclear watchdog said on Thursday it feared Iran may be working now to develop a nuclear-armed missile, as Washington warned Tehran of consequences for ignoring international demands to stop its atomic program.
A son of the leader of a major Taliban faction attacking Western forces in Afghanistan has been killed in a missile strike by a U.S. drone in Pakistan, security officials said on Friday.
Russia said on Friday Iran must cooperate more actively with the U.N. nuclear agency to convince the world its nuclear program is peaceful, and gave fresh signals the Kremlin may back sanctions.
Credit card rules that come into effect on Monday will squeeze subprime borrowers' access to credit, analysts say, which could give a lift to the shadow banking sector and payday lenders.
U.S. stock index futures fell, pointing to a weaker start for Wall Street on Friday after the U.S. Federal Reserve raised an emergency lending rate it charges banks.
U.S. department stores are by and large set to report far better earnings in the coming week than they did a year ago in the thick of retail meltdown.
The U.S. dollar rose, commodity prices dropped and stocks fell on Friday after the Federal Reserve unexpectedly lifted an emergency lending rate for the first time since the financial crisis.
The U.S. dollar rose broadly, commodity prices dropped and stocks fell on Friday after the Federal Reserve stunned markets by lifting an emergency lending rate for the first time since the financial crisis.
The U.S. dollar rose broadly, commodity prices dropped and stocks fell on Friday after the Federal Reserve stunned markets by lifting an emergency lending rate for the first time since the financial crisis.
Recent cyber attacks on Google and other American corporations have been traced to a top Chinese university as well as a school with ties to the Chinese military, the New York Times reported on Thursday, citing people involved in the investigation.
The U.S. Federal Reserve on Thursday made its first interest rate move since December 2008, hiking an emergency lending rate it charges banks, but insisted borrowing costs would not rise for consumers or companies.
The Federal Reserve raised its emergency lending rate for the first time since the financial crisis, lifting the dollar and hitting bonds as markets brushed off Fed assurances it was not a prelude to a rise in the main policy rate.
