President Barack Obama on Monday proposed removing tax incentives that he says encourage U.S. multinational firms to ship jobs overseas.
Chrysler asked the U.S. Bankruptcy Court on Monday for a swift hearing into its planned sale to Italy's Fiat SpA, eliciting immediate objections from some secured lenders.
The United States' largest banks made their case to regulators on Monday that they have the financial firepower to withstand a deeper recession, as Bank of America denied a report it was trying to raise $10 billion.
Senator Arlen Specter's switch to the Democratic Party appears to be paying off with a poll on Monday showing him ahead in his 2010 re-election race in Pennsylvania.
Iran will not suspend its disputed nuclear program even if the United States imposes sanctions targeting companies that ship fuel to the Islamic Republic, a Foreign Ministry spokesman said Monday.
Pakistani forces battled Taliban fighters on Monday as the militants denounced the army and government as U.S. stooges and said a peace pact would end unless the government halted its offensive.
U.S. Defense Secretary Robert Gates said on Sunday he would reassure Saudi Arabia this week that the kingdom would not suffer from Washington's efforts to improve its relations with Iran.
President Barack Obama on Monday will propose raising billions in new tax revenue by changing tax policies for U.S. firms with overseas operations, according to administration officials familiar with his plan.
President Barack Obama presents his strategy for defeating al Qaeda to the leaders of Afghanistan and Pakistan on Wednesday amid growing U.S. concern it is losing the war and neither is a reliable ally.
President Barack Obama on Monday will propose changing provisions in the tax code that he says encourage U.S. companies to move jobs overseas, as part of a broader package aimed at saving $210 billion over 10 years.
Conventional wisdom says the United States has to bring concrete commitment to international climate talks in Copenhagen in December or no other country will act.
The body in charge of assigning Internet addresses such as .com and .net should be shorn of its U.S. government links from October and made fully independent, the European Union's information society chief said on Monday.
U.S. president Barack Obama said on Saturday he will take whatever necessary measures to prevent the flu outbreak and protect the safety and security of the American people.
The financial sector will make up a smaller part of the U.S. economy in the future as new regulations clamp down on massive risk-taking, President Barack Obama said in an interview published on Saturday.
Mexico's flu outbreak appeared to be stabilizing on Saturday but officials warned it was too early to ease vigilance against an unpredictable virus which still threatens a global pandemic.
Barack Obama is reveling in presidential power and influence unseen in Washington for decades.
The cybersecurity chief named to battle Internet viruses and larger challenges facing the information technology networks used by U.S. companies and national defense should be based in the White House, experts told a congressional panel on Friday.
U.S. consumers felt much more upbeat about the economy in April, a month when the country's battered manufacturing sector also appeared to be crawling out of a deep recessionary hole, reports showed on Friday.
U.S. Vice President Joe Biden will visit Bosnia, Serbia and Kosovo during the week of May 18, focusing on a region that so far has not been high on the Obama administration's foreign policy agenda.
U.S. Secretary of State Hillary Clinton said on Friday she expected intense sessions when the presidents of Afghanistan and Pakistan come to Washington for three-nation talks next week.
U.S. consumers felt more confident about the economy last month than at any time since the September failure of Lehman Brothers that pushed global banking to the brink of collapse, a survey showed on Friday.
U.S. consumers felt much more upbeat about the economy in April, a month when the nation's manufacturing sector also appeared to be crawling out of a deep recessionary hole, reports showed on Friday.