U.S. President Barack Obama called for bold, comprehensive and coordinated action to end a global economic downturn on Tuesday as he prepared for an evening news conference to explain his recovery strategy to a recession-weary public.
Thirty-five nations vote on Thursday for a new International Atomic Energy Agency chief at a time of mounting challenges to the nuclear non-proliferation regime, but it was unclear if a winner would emerge.
U.S. Treasury Secretary Timothy Geithner will face tough questions from lawmakers on Tuesday as he spells out the basics of the Obama administration's plans to reshape financial regulation at a high-profile congressional hearing.
China's steel industry should face fees on its exports into the United States if Washington adopts greenhouse gas cuts and Beijing does not, U.S. steel industry officials and advocates said.
Japan will adopt greener climate policies if the opposition, ahead in voter polls, wins an election this year and sticks to promises for greater use of renewable energy and bold cuts in greenhouse gas emissions.
Facing anger over corporate bonuses and skepticism about his massive budget, President Barack Obama holds a news conference on Tuesday to explain his economic strategy to a recession-weary public.
U.S. Treasury Secretary Timothy Geithner will face tough questions from lawmakers on Tuesday as he spells out the basics of the Obama administration's plans to reshape financial regulation at a high-profile congressional hearing.
U.S. stock index futures pointed to a lower opening on Wall Street on Tuesday, following the previous session's sharp rally fueled by better than expected housing data and by Washington's plan to help banks get rid of troubled assets.
The Obama administration on Monday offered a raft of incentives for private investors to help rid banks of up to $1 trillion in toxic assets that have plunged the world economy into crisis.
The state of Connecticut is analyzing the details of bonuses paid by American International Group to see whether they violated state law and what possible remedies might be pursued, the Commissioner of Consumer Protection said on Monday.
Oil jumped more than $1 to above $53 a barrel on Monday, supported by a rise in the stock market after strong housing data and on details of a U.S. plan to remove toxic assets from bank balance sheets.
Oil rose above $52 a barrel on Monday, supported by a weak dollar and rising stock markets after the United States gave details on its plan to remove toxic assets from bank balance sheets.
The United States met NATO allies on Monday to outline its policy review for Afghanistan after President Barack Obama said it would contain an exit strategy and greater emphasis on economic development.
President Barack Obama said he believes systemic risks are still to be found in the financial system as he discussed an upcoming plan to be issued by his administration to take “toxic assets” off the balance sheets of financial companies in an interview.
Deep in the last stronghold of the struggling U.S. auto industry, Rosario Criscuolo says he owes the survival of his business to Toyota Motor Corp .
Starbucks, Costco Wholesale Corp and Whole Foods Market are joining forces to propose alternatives to a bill that makes it easier for workers to unionize but is strongly opposed by U.S. corporations.
The United States has told NATO allies it will back Danish Prime Minister Anders Fogh Rasmussen as the next head of the alliance, NATO diplomats and a U.S. source said on Saturday.
President Barack Obama plans a significant increase in the size of the Afghan police force, U.S. special representative for Afghanistan and Pakistan Richard Holbrooke said on Saturday.
Citigroup’s chief executive tried to reassure employees about compensation a day after House legislators passed a bill to claw back bonuses for employees earning more than $250,000 at companies which received more than $5 billion in bailout funds.
U.S. states have spearheaded moves to curb global warming and are not ready to pass the leadership baton to President Barack Obama.
Government aid requests from General Motors Corp and Chrysler may rise considerably, a top adviser to President Barack Obama's auto task force said in a Bloomberg Television interview.
Opposition fears of an unfair election in Afghanistan this year are well-founded, and a rigged poll would fuel political instability and undermine support for democracy, a top U.N. envoy has warned.
