BARACK OBAMA

Obama team raises pressure on health insurers

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A report by the Department of Health and Human Services said: These massive increases are disturbing examples of the problems that make reforming our health insurance system more important than ever.

In Nevada, Obama pushes for more housing help

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President Barack Obama will use a campaign stop for Senate Majority Leader Harry Reid on Friday to announce a new initiative to help support homeowners in five states hit hardest by the U.S. housing crisis.
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Q+A: How would a commission fix the U.S. budget crunch?

President Barack Obama on Thursday set up a bipartisan commission to tackle stubborn U.S. budget deficits, though many are skeptical Washington has the stomach right now for the tough remedies needed to address spiraling deficits and debt.
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Financial reform bill seen next week in Senate

Efforts to tighten financial regulation gained speed in the U.S. Senate on Thursday, with revised legislation seen as soon as next week from two key lawmakers now traveling together in Central America.
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Fresh momentum in Congress on financial reform

Efforts to tighten financial regulation picked up speed in the U.S. Senate on Thursday as a key committee targeted next week for the unveiling of revised legislation and the week after for a working session on it.
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Small plane crashes into tax offices in Texas

An apparently disgruntled man crashed a small plane into a federal building housing U.S. tax offices in Austin, Texas on Thursday, and federal officials said it may have been a deliberate attack.
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NATO may need 30 days to secure Taliban stronghold

NATO and Afghan troops have hit pockets of stiff resistance in Marjah, the Taliban's main stronghold in southern Afghanistan, and may need another month to fully secure the area, a NATO commander said on Thursday.
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Senate panel mulls watered down Volcker rule

Senate Banking Committee members are considering a watered down version of the 'Volcker rule' unveiled last month by the Obama administration to curb risk-taking by banks, sources familiar with the panel's thinking said on Thursday.
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Obama meets Dalai Lama, angering China

President Barack Obama hosted exiled Tibetan spiritual leader the Dalai Lama at the White House on Thursday, drawing an angry reaction from China and risking further damage to strained Sino-U.S. ties.
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Financial rules reform gains momentum in Senate

Efforts to tighten financial regulation picked up speed in the Senate on Thursday as a key committee targeted the unveiling of revised legislation for next week and a working session on the bill the week after.
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Jobless, price data fan concerns on economy

The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economy's recovery.
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Consumers spent at 2009 levels in January

American consumers say they reduced their spending in January to levels similar to early 2009, when the U.S. economy was still in recession, according to a Gallup poll released on Thursday.
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Timeline: The obstacle course for U.S.-China ties in 2010

Ties between China and the United States will be tested this year by many issues: currency, trade, Internet censorship, human rights, U.S. arms sales to Taiwan and President Barack Obama's meeting on Thursday with the Dalai Lama.
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Kyoto risks dying, no new climate deal in sight

Efforts to extend the Kyoto climate pact framework risk collapse in a setback to years of diplomatic bargains, as chances fade that the United States will join other rich nations in capping emissions.
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Obama to meet Dalai Lama despite Chinese warning

U.S. President Barack Obama will host the Dalai Lama at the White House on Thursday despite China's warning that the meeting with the exiled Tibetan spiritual leader could further damage strained ties.
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Housing starts post sharp rebound

Housing starts rose to a six-month high in January and industrial output increased solidly, pointing to an economic recovery that was taking a firm hold and respectable first-quarter growth.
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China seen allowing stronger yuan in 2010

Beijing is likely to let its currency begin rising in value again this year in response to growing pressures at home and abroad, two U.S. private sector specialists on China said on Wednesday.
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On anniversary, Obama defends economic stimulus

President Barack Obama vigorously defended his $787 billion stimulus on Wednesday, insisting it rescued Americans from the worst of the economic calamity and ripping Republican critics who called it a waste.
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Housing starts hit 6-month high, output rises

U.S. housing starts rose to a six-month high in January and industrial output increased solidly, pointing to an economic recovery that was taking a firm hold and respectable first-quarter growth.

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