CONGRESS

U.S. rules on the trading of private securities will be the subject of a hearing on Tuesday by lawmakers concerned that the regulations may be stifling the formation of capital.

Congress members slammed Apple after the company released its official response to revelations that its devices are tracking user movements.

Lawmakers extended their probe into location tracking on mobile devices this week, asking Apple Inc and other developers to divulge how they use location data and scheduling a separate hearing on mobile privacy.

Treasury Secretary Timothy Geithner's statements on Sunday that Congress will raise the U.S. debt ceiling in the coming months are in line with separate recently-proposed long-term plans by the Democratic and Republican leadership in Congress and the White House to increase the debt by trillions of dollars in the next decade.

President Barack Obama will announce later this week deficit reduction targets and a timeline to reach them, White House adviser David Plouffe said on Sunday.

President Barack Obama and congressional leaders struck a last-minute budget deal on Friday, narrowly averting a government shutdown that would have idled hundreds of thousands of federal workers.

President Barack Obama and congressional leaders reached a last-minute budget deal on Friday, averting a government shutdown that would have idled hundreds of thousands of federal workers.

President Barack Obama and congressional leaders failed to reach a deal to avert a government shutdown but narrowed their differences on Thursday in their struggle to overcome a bitter budget deadlock.

President Barack Obama and leaders in the U.S. Congress will attempt to reach a spending-cut deal that would avert a dangerous government shutdown at week's end.

President Barack Obama and congressional leaders struggled on Thursday to overcome a bitter budget dispute and head off a government shutdown that would idle hundreds of thousands of workers.

With time running out, an ideological fight in the Congress over abortion and environmental issues threatened on Thursday to derail an agreement to avert a government shutdown.

With time running out, an ideological battle flared in the Congress over abortion and environmental issues Thursday as negotiators launched a late push to avert a looming government shutdown.

With time running out, an ideological battle over abortion and environmental issues threatened on Thursday to scuttle a congressional deal to avert a looming government shutdown.

The Congress on Thursday neared a budget deal to avert a looming government shutdown but disputes over abortion and environmental issues posed late hurdles to a final agreement.

President Barack Obama and leaders in Congress will attempt to reach a spending-cut deal on Thursday that would avert a dangerous government shutdown at week's end.

Congressional negotiators on Wednesday raced against a looming deadline to craft a budget deal that would cut billions of dollars in spending and keep the government operating beyond Friday.

Congressional negotiators on Wednesday raced against a looming deadline to agree on billions of dollars in spending cuts in a budget deal that keeps the federal government operating beyond Friday.

With a government shutdown looming, congressional negotiators plan to meet again on Wednesday but remain billions of dollars apart in their search for a budget deal to keep federal agencies running beyond Friday.

Congress is looking ahead to negotiating the 2012 federal budget as a deal nears on the remainder of the 2011 fiscal year budget, with House Republican leadership outlining its goals and a top Democrat saying the Tea Party has had some effect on previous budget talks, but said lawmakers misread their own constituents in seeking larger cuts than were possible in the 2011 fiscal year.

Talks on how to approach U.S. corporate tax reform are stirring to life again as Republican House majority leader Eric Cantor backed of push to give multinational companies a break on money imported to the U.S. from their subsidiaries owned in other countries.

Congress averted a partial federal shutdown on Thursday as the Senate voted to pass a three week extension already approved by the House that gives lawmakers time to negotiate a long term deal.