Hitting the road to rally support in the final push for healthcare reform, Obama used a campaign-style speech to urge Democrats to approve a bill and quickly end the political wrangling that has consumed Washington since July.
The gaping U.S. budget deficit is cause for concern but clamping down on spending immediately would be pound-foolish and derail the recovery, a top White House economic adviser said on Tuesday.
The gaping U.S. budget deficit is cause for concern but clamping down on spending immediately would be pound-foolish and would derail the recovery, a top White House economic adviser said on Tuesday.
Vice President Joe Biden assured Israel on Tuesday of Washington's commitment to its security and preventing Iran from producing nuclear weapons.
Greek Prime Minister George Papandreou on Monday urged the Group of 20 nations to crack down on market speculators, warning that failing to do so could trigger another global financial crisis.
Northrop Grumman Corp said it would not bid in the U.S. Air Force's multibillion-dollar aerial tanker competition after concluding the rules favored Boeing Co's smaller 767-based plane.
U.S. stocks were nearly flat on Monday as upbeat sentiment from AIG's sale of a unit and McDonald's sales data were offset by falling healthcare shares after President Barack Obama's criticism of health insurers.
President Barack Obama on Monday criticized U.S. health insurance companies for raising premiums and denying coverage to the sick, as he sought to rally Democratic support for his healthcare bill.
U.S. stocks barely budged on Monday as hopes stirred by AIG's sale of a unit and McDonald's upbeat sales were offset by falling healthcare shares after President Barack Obama's criticism.
(Reuters) - President Barack Obama on Monday criticized U.S. health insurance companies for raising premiums and denying coverage to the sick, as he sought to rally Democratic support for his healthcare bill.
The Obama administration has boosted U.S. defense ties to Israel and will close ranks with its ally against any threat from a nuclear-armed Iran, Vice President Joe Biden said on Monday ahead of a trip to Israel.
The Federal Reserve could retain oversight of large bank holding companies under a scaled-back regulatory reform plan being considered by key senators, but important questions remained unanswered, lobbyists said on Sunday.
Most U.S. business economists expect the Federal Reserve to raise benchmark interest rates within six months by between a quarter and a half percentage point, according to a survey released on Monday.
Most U.S. business economists expect the Federal Reserve to raise benchmark interest rates within six months by between a quarter and a half percentage point, according to a survey released on Monday.
French President Nicolas Sarkozy promised Greece Sunday that euro zone countries would help it overcome its financial problems and vowed a European crackdown on financial speculators Athens blames for its woes.
China has pledged to punish hackers who attacked Google if there is evidence to prove it, but said it has yet to receive any complaint from the world's top search engine.
Chinese Foreign Minister Yang Jiechi said on Sunday that relations with the United States had been seriously disrupted, after a rise in friction between the two big powers.
Iraqis vote on Sunday in a parliamentary election that will help to determine whether their shaky democracy can end sectarian conflict and defeat insurgents who are trying to plunge Iraq back into broader bloodshed.
Commercial banks will come to resemble hedge funds over time unless new rules are introduced setting limits on proprietary trading, White House economic adviser Paul Volcker said on Saturday.
President Barack Obama said on Friday a forthcoming review of the U.S. nuclear posture would reduce the number and role of nuclear weapons in Washington's national security strategy.
Dozens of people were injured in clashes between Palestinians and Israeli forces in Jerusalem and the West Bank Friday, as tension over land and holy sites mounted ahead of a relaunch of U.S.-mediated peace negotiations.
Senator Christopher Dodd, chief negotiator for the Democrats in Senate talks on financial regulation reform, said on Friday he was uncertain whether bipartisan support for a compromise bill could be achieved.