BARACK OBAMA

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Obama bank fee could exceed $100 billion

A fee being considered for banks could raise more than $100 billion if the Obama administration seeks to recoup the current estimate of financial bailout costs, but exact figures are preliminary.

Wall Street lower on earnings and bank jitters

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Stocks fell on Tuesday, halting a six-day streak of gains, after weaker-than-expected results from Alcoa Inc and on concerns banks could face fees from the government to recoup losses tied to bailouts.

Wall St lower on earnings, bank jitters

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U.S. stocks fell on Tuesday, halting a six-day streak of gains, after weaker-than-expected results from Alcoa Inc and on concerns banks could face fees from the government to recoup losses tied to bailouts.
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North Korea digs in on U.S. peace talks demand

North Korea will not return to nuclear disarmament negotiations unless the United States agrees to peace treaty talks and lifts sanctions, a senior North Korean diplomat said on Tuesday, leaving little room for compromise.
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Obama launches new push for healthcare overhaul

As Obama's fellow Democrats in the House of Representatives and the Senate struggle to merge their healthcare bills into one, the president used his weekly radio address to try to ease lingering public doubts over his top legislative priority.
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North Korea calls for peace treaty to replace armistice

North Korea said on Monday it wants to reach a peace treaty quickly to replace the ceasefire that ended the 1950-53 Korean War in order to build trust with the United States and revive dormant nuclear disarmament talks.
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Clinton to talk bases, security on Pacific swing

Secretary of State Hillary Clinton heads to the South Pacific this week, working to boost key U.S. alliances while pressing Japan to resolve a damaging dispute over a critical U.S. military base.
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New Karzai cabinet snubs warlords

President Hamid Karzai proposed new names on Saturday to replace an Afghan cabinet line-up rejected by parliament, omitting controversial ex-guerrilla commanders and their allies but still disappointing diplomats and lawmakers.
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Obama awards $2.3 billion clean energy tax credits

U.S. President Barack Obama unveiled a $2.3 billion tax credit on Friday to boost jobs by promoting clean energy, as new data showed the country's unemployment rate remained stuck in the double digits.
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Beleaguered climate bill seeks lift from Obama

President Barack Obama's State of the Union speech to Congress could indicate how badly he wants a global warming bill, which opponents say will cost U.S. jobs and raise prices -- a scary prospect for politicians trying to ride out a horrible economy in an election year.
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Obama awards $2.3 bln clean energy tax credits

U.S. President Barack Obama will unveil a $2.3 billion tax credit Friday to boost jobs by promoting clean energy, as fresh data showed that the country's unemployment remains stuck in the double digits.
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Not guilty plea entered for Nigerian bomb suspect

A federal judge on Friday entered a not guilty plea on behalf of Umar Farouk Abdulmutallab, the 23-year-old Nigerian accused of an attempt to blow up a Detroit-bound jetliner that has prompted a sweeping review of U.S. security procedures.
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Nigerian bomb suspect to face charges in Detroit

Umar Farouk Abdulmutallab, the 23-year-old Nigerian accused of attempting to blow up a Detroit-bound jetliner, will appear in federal court on Friday to hear the charges against him in an incident that has prompted a sweeping review of U.S. security policy.
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Business urges Obama trade push to boost jobs

President Barack Obama should move quickly in 2010 to win approval of long-delayed free trade agreements that would help create new U.S. jobs without adding to the budget deficit, business officials said.
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U.S. job losses raise fears of economic stall

Friday's surprisingly weak employment report, which showed a net loss of 85,000 jobs in December, suggested that companies were in no hurry to re-hire even though the economy resumed growing in the third quarter of 2009 and appeared to generate above-average output in the fourth quarter.
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House Democrats discuss health care priorities

Democratic leaders in the U.S. House of Representatives briefed party members on Thursday on healthcare talks with the Senate, with competing approaches on taxes and the shape of new insurance exchanges topping the list of priorities.
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Obama pivots to jobs as key theme

President Barack Obama on Friday is making his promised hard pivot to jobs, following up the morning's release of December unemployment figures with an East Room announcement at 2:40 p.m. ET about stimulus dollars going to clean-tech jobs.
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Economy sheds 85,000 jobs in December

U.S. employers unexpectedly cut 85,000 jobs in December, government data showed on Friday, cooling optimism on the labor market's recovery and keeping

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