(Reuters) - Congressional Democrats drew closer on Thursday to agreement on a broad healthcare overhaul that could clear the way for a final vote in the next few weeks, but vowed not to be bound by White House deadlines.
An upcoming U.S.-led military campaign to regain control of the Taliban heartland of Kandahar will be a decisive phase in the Afghan war, Defense Secretary Robert Gates told frontline troops this week.
President Barack Obama plans to nominate San Francisco Federal Reserve Bank President Janet Yellen, a respected policy dove, to be vice chairman of the central bank, a source familiar with the process said on Thursday.
The United States should not make a political issue out of the yuan, a Chinese central banker said on Friday, as the two countries lurched toward a potential bust-up over Beijing's currency regime.
The wife and daughter of Senate Majority Leader Harry Reid were injured on Thursday when their vehicle was rear-ended by a truck on a highway, the senator's office said.
Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, jeopardizing a top Obama administration priority and boosting bank share prices.
President Barack Obama announced Thursday he will donate $1.4 million from his Nobel peace prize to ten charities.
The number of U.S. workers filing new claims for unemployment benefits fell only slightly last week, indicating a sluggish return to jobs growth. The U.S. trade gap shrank as oil imports fell.
Two studies published on Wednesday show it is possible to sequence the entire gene maps of families with inherited diseases and pinpoint the offending bit of DNA.
The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.
President Barack Obama, anxious to spur growth and tackle unemployment, will name two top executives from Boeing and Xerox on Thursday to spearhead his drive to boost U.S. exports.
President Barack Obama declared on Wednesday the time for talk is over and urged the U.S. Congress to vote on healthcare.
The apparent loss this week of a U.S. in-flight refueling tanker contract worth up to $50 billion will not affect EADS's finances, the European aerospace group's chief executive said on Thursday.
The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.
(Corrects day bill passed to Wednesday in paragraph 6)
Treasury Secretary Timothy Geithner said on Wednesday that fundamental reform of the government's role in the housing finance market is needed and it will be next year before proposals are ready for Congress.
President Barack Obama on Tuesday said the challenge in Haiti today is to prevent a second disaster as more than a million people in the earthquake-hit nation remain homeless ahead of the rainy season.
Legislation that would write into law and widen the proposed Volcker rule to limit proprietary trading was unveiled in the U.S. Senate on Wednesday with the support of five Democratic senators.
Comparing medical treatments to find the best and the cheapest may be a pillar of U.S. healthcare reform efforts, but very little such research is being done, according to a report published on Tuesday.
With economic policy stimuli already at full tilt, no government wants an overvalued exchange rate to slay recovery, and the rival soft currency needs are producing some elaborate rhetorical jousting.
Congressional Democrats on Tuesday cast doubt on their chances of meeting the White House's March 18 deadline for voting on a stalled healthcare overhaul, but said they are moving as fast as they can.
President Barack Obama, making a final push for healthcare reform, will back bipartisan plans to stamp out waste in government-run medical programs for the old and needy, the White House said on Tuesday.