China will probably run a trade deficit of more than $8 billion in March, state media said on Tuesday, citing Premier Wen Jiabao.
The U.S. Senate Banking Committee on Monday, approved landmark financial regulatory reform legislation, pushing the fight over the issue to the full Senate in April.
Google Inc closed its China-based search service and began redirecting Web searchers to an uncensored portal in Hong Kong, drawing harsh comments from Beijing that raised doubts about the company's future in the world's largest Internet market.
As the clock ticked down to the historic healthcare vote on Sunday and congressional leaders scrambled to get holdout Democratic lawmakers on board, the White House was all-a-Twitter.
Obama administration pay czar Kenneth Feinberg plans to review past compensation at 419 companies that received bailout funds, including JPMorgan Chase , Goldman Sachs , according to a source close to the Treasury Department.
With the housing sector still on the ropes, the Obama administration on Tuesday will begin to sketch out plans for the market's two biggest financing pillars, Fannie Mae and Freddie Mac.
It is the case of Curious Judge and The Man with the Yellow Hat.
Several senators have formed a caucus to promote online freedom in Iran, China and other countries as the Obama administration pushes for greater access to an unfettered Internet.
(Reuters) - President Barack Obama secured a landmark victory with the House of Representatives giving final approval to a sweeping healthcare overhaul, expanding insurance coverage to nearly all Americans.
Wall Street was set to open lower on Monday as investor risk aversion was revived by concerns over Greece's debt crisis and the passage of sweeping healthcare reform.
Stock index futures fell on Monday as the passage of sweeping healthcare reform and uncertainty over Greece's debt crisis revived investor risk aversion.
Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.52 percent, Dow Jones futures down 0.38 percent and Nasdaq 100 futures down 0.47 percent.
Washington's bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way this week as the recent rally appears to be fraying.
U.S. President Barack Obama urged lawmakers on Saturday to resist pressure to weaken a financial reform bill and called again for an independent consumer watchdog to help prevent future financial crises.
President Barack Obama urged the House to pass health insurance reform in Fairfax, Virginia on Friday, two days ahead of the vote.
Washington's bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way next week as the recent rally appears to be fraying.
Most investors confuse money and currency, but they are not the same thing. Money is defined as a medium of exchange, a unit of account and a store of value.
President Barack Obama canceled his trip to Asia and Australia to monitor a critical vote on the health care bill, White House's spokesman Robert Gibbs said during a press briefing Thursday.
Labor market and consumer prices data on Thursday showed the U.S. economy is on a moderate growth path and inflation pressures are contained, backing up the Federal Reserve's vow to keep benchmark interest rates ultra-low for some time.
The tension level in the debate on U.S. financial reform rose on Thursday as Democrats slapped back at a Republican leader's comment about punk staffers and a pivotal vote neared in the Senate.
President Barack Obama signed into law a $17.6 billion jobs bill on Thursday and sounded an optimistic note about the U.S. economy, saying it may soon begin adding jobs instead of losing them.
Members of the World Trade Organization are likely to conclude next week that it will take a political miracle to agree a new trade deal this year, consigning yet another Doha round deadline to the dustbin.