BARACK OBAMA

The man who has the power to set pay on Wall Street is hitting the road for a series of speeches before he has even publicly testified before Congress.

The federal government and states are girding themselves for the next foreclosure crisis in the country's housing downturn: payment option adjustable rate mortgages that are beginning to reset.

The federal government and states are girding themselves for the next foreclosure crisis in the country's housing downturn: payment option adjustable rate mortgages that are beginning to reset.

President Barack Obama on Thursday dumped a Bush-era missile defense plan for Europe that Russia had bitterly opposed and offered what he said would be faster, more flexible defense systems to protect against Iran.

World leaders are likely to agree to curb bank bonuses at next week's G20 summit and want evidence recession is over before they stop spending to prop up their economies, European heads of government said on Thursday.

Germany's Siemens aims to build on its leading position in offshore wind turbines to become the world's third-biggest supplier to the wind industry overall by 2012, a senior executive said.

President Barack Obama on Thursday overhauled plans for a missile defense shield in eastern Europe, promising instead stronger, swifter defense systems to protect U.S. allies against any threat from Iran.

If U.S. health reform efforts lead to higher costs for employers, employees may end up bearing the brunt, according to a new survey.

President Hamid Karzai defended Afghanistan's disputed presidential election on Thursday after early results showed him the winner, while a suicide bomb attack on Italian troops tested the resolve of a major NATO ally.

Indonesia's most wanted Islamist militant was killed in a police shoot-out in Central Java, police said on Thursday, lifting a major security threat ahead of a planned visit by U.S. President Barack Obama.

President Barack Obama will pledge U.S. action on financial regulatory reform at the Group of 20 summit in Pittsburgh and underscore the need for global coordination on the issue, a senior aide said on Wednesday.

President Barack Obama on Thursday abandoned plans for a large missile defense shield in eastern Europe, promising instead a stronger, swifter defense system to protect U.S. allies against any threat from Iran.

Senator Max Baucus unveiled a long-awaited healthcare overhaul on Wednesday that would dramatically revamp insurance rules but does not include a government-run option backed by liberal Democrats.

Rift opens at Fed; Carmakers lose upperhand to suppliers; Missile Shield Plan Scrapped

President Barack Obama has told east European states he was backing away from plans for an anti-missile shield there, in a move that may ease Russian-U.S. ties but fuel fears of resurgent Kremlin influence.

Twitter is closing a round of funding that will value the company known for its 140-character, stream-of-consciousness blogs at $1 billion, technology news site TechCrunch reported on Wednesday.

U.S. President Barack Obama said on Wednesday he would not make a swift decision on sending more U.S. forces to Afghanistan and set out broad goals for Kabul and neighboring Pakistan to rein in militants and corruption that critics dismissed as vague.

Banks, pension funds and other investment groups representing more than $13 trillion in assets called for a strong global agreement on climate policy on Wednesday, saying it would lead to a flood of investment into the low-carbon economy.

U.S. industrial production rose for a second straight month in August, reinforcing views the nation's recession had ended, while a spike in gasoline costs pushed consumer prices higher.

President Barack Obama called Kanye West a jackass after the incident with Taylor Swift at the VMA's Sunday.

U.S. Senator Max Baucus unveiled his plan for a 10-year, $856 billion healthcare overhaul on Wednesday that would revamp insurance rules but does not include a government-run option backed by liberal Democrats.