UNITED STATES

China hopes that the United States will keep its deficit to an appropriate size to ensure basic stability in the U.S. dollar exchange rate, Chinese Premier Wen Jiabao said on Sunday.

At first glance, Giuseppe Oglio's farm near Milan looks like it's suffering from neglect. Weeds run rampant amid the rice fields and clover grows unchecked around his millet crop.

The United States' economy is not robust enough yet and unemployment is too high for policymakers to begin to withdraw stimulus, Boston Fed President Eric Rosengren said on Tuesday.

The dollar bounced off a 15-month low on Tuesday and the euro dipped below $1.50 as investors paused to assess whether the global outlook justifies a recent rally in higher-yielding currencies and assets.

President Barack Obama and first lady Michelle have travelled to Fort Hood, Texas on Tuesday morning to attend the memorial service for the 13 slain in last week's shooting spree.

Insurance giant AIG has made progress on its restructuring and will likely be able to repay a taxpayer bailout and buy back much of the government's stake in the company, Moody's Investors Service said on Monday.

U.S. workers were reluctant to quit their jobs in September as businesses showed no signs of increased hiring, a government report showed on Tuesday.

The U.S. economy has entered a recovery and policymakers should now focus on ensuring it is a durable one, a top Federal Reserve official said on Tuesday.

The United States sees China as a vital partner and competitor, but the two countries need to address economic imbalances or risk enormous strains on their relationship, President Barack Obama said on Monday.

U.S. Secretary of State Hillary Clinton on Monday urged Iran to accept a U.N.-drafted proposal to have uranium for a medical reactor enriched abroad.

The U.S. is slow in reaching a negotiating position in the Doha round trade liberalization talks, the World Trade Organisation's Director General said in an Italian business daily on Tuesday.

U.S. Treasury Secretary Timothy Geithner on Tuesday told his Japanese counterpart that a commitment by Tokyo to rely less on exports and more on domestic consumption to power growth will benefit the global economy.

Israeli Prime Minister Benjamin Netanyahu concluded an unusually low-key U.S. visit on Tuesday voicing confidence that his White House talks would benefit Israel's security and peacemaking efforts.

The number of U.S. homes listed for sale fell nearly 3 percent in October compared to September, according to real estate brokerage ZipRealty.

U.S. stocks slipped on Tuesday as investors paused to assess the rally that pushed the Dow industrials to a 13-month high in the previous session and drove the S&P 500 up for six straight days.

The U.S. economic recovery still faces many hurdles, including a persistently weak labor market and strained household budgets, Janet Yellen, President of the Federal Reserve Bank of San Francisco, said on Tuesday.

The U.S. economic recovery still faces many hurdles, including a persistently weak labor market and strained household budgets, Janet Yellen, President of the Federal Reserve Bank of San Francisco, said on Tuesday.

Alibaba.com, China's largest e-commerce company, reported its worst profit in three quarters after betting on acquisitions and product development to tap the region's early recovery from the global downturn.

A government financial stability agency would be created under a draft financial regulation reform bill from U.S. Senate Banking Committee Chairman Christopher Dodd obtained by Reuters on Tuesday.

China Minsheng Banking Corp, which is raising up to $4 billion through a public offering of shares in Hong Kong, said on Tuesday that its failed investment in U.S. lender UCBH Holdings Inc will have a limited impact on its business.

The European Commission has objected to Oracle Corp's acquisition of computer maker Sun Microsystems Inc , throwing the $7 billion deal into question.