BARACK OBAMA

OPINION: DREAM Act is still alive

Immigration reform
He did not use the name, but in his State of the Union address last night President Obama made clear that he is keeping the DREAM Act alive.
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Gold steadies ahead of Fed as haven buying wanes

The main gold exchange-traded fund, the SPDR Gold Trust, recorded its biggest ever one-day outflow on Tuesday. The precious metal is taking some support from physical demand after its slide to its lowest since October 28, but buying interest remains lackluster.
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Pakistan decries help for India nuclear arms plans

Pakistan warned major powers on Tuesday against granting rival India membership of four key multilateral export control regimes that allow trade in nuclear and other materials, as proposed by the United States.
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Dollar steady ahead of Fed

The U.S. dollar held near a 10-week low against a basket of currencies on Wednesday ahead of a statement from the U.S. Federal Reserve, which is expected to reaffirm the central bank's focus on supporting growth.
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Panel says financial crisis avoidable

The financial crisis could have been avoided and was the result of poor decision making both in Washington and at top financial firms that fostered a culture of excessive risk taking, according to a draft report written by Democrats on a panel that investigated the meltdown and obtained by Reuters.
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Stock futures rise after Obama speech

Stock index futures ticked up late on Tuesday, pointing to a stronger opening on Wednesday, after President Barack Obama stressed a freeze on government spending and the need to lower corporate tax rates.
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Dollar steady as Fed in focus, Nikkei slips

The U.S. dollar held near a 10-week low against a basket of currencies on Wednesday, ahead of a statement from the Federal Reserve which is expected to reaffirm the central bank's focus on supporting growth.

Obama proposes longer spending freeze

President Barack Obama will propose that Congress adopt a 5-year freeze on non-security discretionary spending, extending a previous call for a 3-year freeze, senior administration officials said, according to reports.
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US judge sends engineer to prison in China spy case

A former Northrop Grumman Corp (NOC.N) engineer has been sentenced to 32 years in prison for providing secret defense information to China, exporting technical military data and other crimes, the U.S. Justice Department said on Tuesday.
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Consumer morale at eight-month high

U.S. consumer confidence rose in January to its highest level in eight months, underscoring the brightening economic outlook, although declining housing prices still cast a cloud on the recovery.

Obama under scrutiny for clues on deficit in speech

President Barack Obama aims to rise above party politics in his State of the Union speech on Tuesday, but he must prove he is serious about tackling the budget deficit that could unleash a bitter partisan fight.
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Blue-chip earnings pull Wall St lower

Stocks fell on Tuesday weighed by disappointing blue-chip earnings, including 3M and Johnson & Johnson, ahead of U.S. President Barack Obama's State of the Union speech.

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