CONGRESS

The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan.

Hundreds of thousands of jobless Americans could once again face a disruption in their unemployment benefits after Congress failed to extend them on Thursday.

A package of tax breaks and highway spending cleared the Congress on Wednesday, the first of what Democrats hope will be several efforts to bring down unemployment rate.

U.S. banks would be banned from proprietary trading and other large financial firms would face quantitative limits on such activity, according to draft language on the so-called Volcker rule from the Obama administration.

Legislation to extend expiring provisions of the anti-terror USA Patriot Act won final congressional approval on Thursday, with Democrats unable to add additional civil liberties protections.

Akio Toyoda stood tearful under a giant display bearing the name of the company his legendary grandfather founded.

Toyota Motor Corp's president pledged to cooperate fully with U.S. government officials investigating safety problems on Wednesday as he prepared to tell a congressional panel that the automaker had let standards slip in its rise to the top.

Toyota Motor Corp's president braced for tough questions from a U.S. congressional panel on Wednesday.

Ben Bernanke may have cleared the hurdles to his confirmation for a second term as Federal Reserve chairman, but that does not mean lawmakers will be any friendlier to him at high-profile hearings on Wednesday and Thursday.

Toyota Motor Corp's president braced for tough questions from a U.S. congressional panel on Wednesday after the Japanese automaker conceded it had let safety standards slip and could still not explain most incidents of unintended acceleration.

Toyota Motor Corp's president braced for tough questions from a congressional panel on Wednesday after the Japanese automaker conceded it had let safety standards slip and could still not explain most incidents of unintended acceleration.

Toyota misled the public about the adequacy of auto recalls to address unintended acceleration in its vehicles, the lawmakers said Monday.

Toyota Motor Corp's head bowed to pressure to testify before U.S. lawmakers and explain the company's safety crisis.

Efforts to tighten financial regulation picked up speed in the U.S. Senate on Thursday as a key committee targeted next week for the unveiling of revised legislation and the week after for a working session on it.

Toyota Motor Corp President Akio Toyoda said on Wednesday he has no plans to testify before U.S. investigators, setting the stage for a possible showdown over a safety crisis that has rocked the automaker's reputation and results.

Toyota President Akio Toyoda said he believed North America chief Yoshimi Inaba was the logical choice to testify at the U.S. congressional hearings scheduled for later this month.

Toyota Motor said on Friday its embattled head is planning a U.S. trip early next month but would not confirm whether he would attend congressional hearings probing the automaker's safety recalls.

President Barack Obama convened a meeting of Top Republican and Democratic leaders on Tuesday in the White House and called on the two parties to focus on creating jobs and cooperating on battled economy.

President Barack Obama on Saturday appealed to fellow Democrats and rival Republicans to back a plan to use $30 billion in bank bailout funds to help small businesses.

A group of influential mortgage investors is intensifying efforts to encourage a new phase to U.S. housing stability plans that would give homeowners ability and incentive to pay their loans.

Toyota Motor Corp faced scrutiny from Congress over its biggest ever safety recall as investors, suppliers and consumers weighed the impact of an unprecedented halt in U.S. production by the No.1 automaker.