Major powers will only achieve results in their meetings on Iran if they adopt a realistic approach and recognize its nuclear rights, the Islamic Republic's Foreign Ministry spokesman said on Sunday.
Members of the U.S. Congress begin 2010 scrambling to reduce the double-digit U.S. jobless rate, knowing their own jobs will be at stake in the November election if they fail to deliver.
Secretary of State Hillary Clinton flew to Haiti on Saturday carrying relief supplies as the U.S. poured in massive aid four days after the earthquake that local officials say killed up to 200,000.
The British government still hopes to make a profit from its multi-billion-pound rescue of major British banks during the financial crisis, Prime Minister Gordon Brown said on Saturday.
Tensions rose among desperate Haitians awaiting international aid and hunting for missing relatives on Saturday as aid began to trickle in four days after an earthquake that Haitian authorities say killed 200,000 people.
President Barack Obama on Saturday slammed Wall Street's audacity for fighting a bailout fee he wants to slap on financial firms and said his Republican opponents had sided with big banks.
President Barack Obama's proposal to charge big banks a fee to repay a taxpayer bailout for the financial system may create incentives that result in funding concerns for banks, according to one expert.
Negotiators from the House of Representatives and Senate made solid progress in talks that stretched into the early morning on Friday, the White House said. Democrats hope to send the bill's major provisions to budget analysts within days.
Europe's leading economies showed no sign on Friday of adopting U.S. President Barack Obama's proposal for a levy on banks to repay taxpayers for bailouts but vowed to press on with their own ideas to target the sector. The president of the Eurogroup of euro zone finance ministers, Jean-Claude Juncker, said Obama was right to propose the plan, which foresees Wall Street banks paying up to $117 b...
A crisis tax proposed by the Obama administration would cut substantially into bank earnings across Europe and could sidetrack the sector's recovery, analysts and industry officials said Friday.
President Barack Obama and congressional Democrats scored a victory in healthcare talks on Thursday, winning labor union support for a revised tax on high-cost insurance plans and possibly clearing the way for a final agreement.
U.S. Senate Majority Leader Harry Reid may pay the ultimate political price for championing President Barack Obama's liberal agenda: He could lose his seat back home in Nevada.
Congressional Democrats are very close to reaching final agreement on healthcare reform legislation and could have a deal in days, House of Representatives Democratic Leader Steny Hoyer said on Friday.
Total pay at U.S. banks and securities companies jumped nearly 18 percent to a record $145 billion in 2009, the Wall Street Journal estimated in an analysis published in its online edition on Thursday.
The U.S. unemployment rate, currently at 10 percent, is unlikely to drop below 8 percent before 2012 unless Congress takes further steps to boost the economy in the short term, the non-partisan Congressional Budget Office said on Thursday.
No sooner does Washington propose a new tax than an army of experts tries to figure out ways to avoid it.
U.S. regulators admitted to failing to head off the 2008 financial crisis as they appeared before a panel whose chairman said he plans to seek testimony from former Federal Reserve Chairman Alan Greenspan.
President Barack Obama on Thursday proposed Wall Street banks pay up to $117 billion to reimburse taxpayers for the financial bailout, as he slammed bankers for their massive profits and obscene bonuses.
U.S. consumers unexpectedly curbed their Christmas spending in December and more people filed claims for jobless benefits last week, casting fresh doubts on the durability of the economic recovery once government support fades.
President Barack Obama pledged $100 million for Haiti relief aid on Thursday and enlisted the help of two former U.S. presidents, promising Haitians: You will not be forsaken.
U.S. regulators admitted to failing to head off the 2008 financial crisis as they appeared before a panel whose chairman said he plans to seek testimony from former Federal Reserve Chairman Alan Greenspan.
President Barack Obama made Haiti relief efforts a top priority for the U.S. government on Thursday.
