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Crude Oil Climbs Near $91 Ahead of Bush Economic Stimulus Speech

Crude oil rose on Friday ahead of President's George W. Bush's economic stimulus package speech at the White House.

Israeli right-wing party quits Olmert's government

A right-wing party quit Israeli Prime Minister Ehud Olmert's government on Wednesday, condemning his peace talks with the Palestinians and leaving him even more politically vulnerable.

Bush stops in Saudi Arabia for talks

Iran, Mideast peace and democracy in the region topped the agenda for President Bush during talks Monday with ally Saudi Arabia. Bush's first visit to the kingdom came as his administration notified Congress of its intent to sell $20 billion in weapons, including precision-guided bombs, to the Saudis. The announcement was timed to coincide with the president's arrival in the Saudi capital.

Bush says Iran threat to world security

U.S. President George W. Bush accused Iran on Sunday of threatening security around the world by backing militants and urged his Gulf Arab allies to confront this danger before it is too late.

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Anger, skepticism awaits Bush in Middle East

U.S. President George W. Bush's visit to the Middle East this week will evoke widespread hostility in a region where many view him as a war-monger pursuing U.S.-Israeli hegemony, not peace and democracy. In the Arab street, Bush is seen as the man whose invasions of Afghanistan and Iraq to wage war on terrorism brought chaos to the region and more recruits to al Qaeda.

Obama rockets past Clinton in New Hampshire

Democrat Barack Obama rocketed to a 10-point lead over Hillary Clinton in New Hampshire one day before their showdown in the state's presidential primary, according to a Reuters/C-SPAN/Zogby poll released on Monday.

War? What war? Economy trumps Iraq in election

The Iraq war, once the key issue in the U.S. presidential election, is taking a back seat to the economy as voters fret over a possible recession and consider the improving security situation in Baghdad.

Energy crisis? Not on the campaign trail

It has been called the 800-pound gorilla but it's getting scant attention in the U.S. election

Jobs Growth Skids to Near Halt

Jobs growth skidded to a near-halt in December and the unemployment rate hit a two-year high, according to a government report on Friday that raised recession fears and chances of more interest-rate cuts. unemployment rate hit a two-year high, according to a government report on Friday that raised recession fears and chances of more interest-rate cuts.

Bush to veto defense authorization bill

President George W. Bush intends to veto defense authorization legislation over a provision that would imperil Iraqi assets held in the United States, the White House said on Friday.

Pakistan's Bhutto assassinated

Pakistan opposition leader Benazir Bhutto was assassinated by a suicide bomber on Thursday, plunging the nuclear-armed country into chaos ahead of a general election she hoped to win.

Lebanon delays presidential vote

A Lebanese presidential election scheduled for Saturday has been postponed until December 29, the parliament speaker said on Friday, the tenth delay to the vote.

EU and U.S. trade charges of blocking Bali talks

The European Union threatened on Thursday to boycott U.S. talks among top greenhouse gas emitting nations, accusing Washington of blocking goals for fighting climate change at U.N. talks in Bali.

Oil hovers near $90

Oil hovered near $90 a barrel on Friday, searching for direction amid conflicting concerns over supply tightness and weak demand growth from a slowing economy in the United States, the world's top oil consumer.

Iran report raises Arab concern over U.S. policy

A U.S. intelligence report claiming Iran halted a nuclear weapons program in 2003 has caught Washington's Gulf Arab allies off guard, analysts say, raising concern that U.S. pressure against Tehran could slacken.

Paulson defends government's subprime intervention

The government's intervention to streamline the mortgage industry's process for evaluating struggling borrowers was a necessary step, Treasury Secretary Hank Paulson says. No one should lose their home just because a complex, cumbersome process simply couldn't get to them in time to determine if there is another potential solution.

Treasuries Lower after Bush Mortgage Plan

Treasuries fell on Thursday after President George W. Bush announced a plan to help some homeowners with subprime mortgages by freezing their interest rates, discouraging investors from buying U.S. debt.

U.S. Stocks Up Ahead of Mortgage Resuce Plan

U.S. stocks rose steadily for a second day on Thursday, with financial shares climbing on expectations that government plan to be unveiled today may help banksâ€™ profits by limiting subprime mortgage defaults.

Housing-related stocks lead market higher

Stocks gained on Thursday as banks, builders and mortgage-related shares rose before a White House announcement about a plan to slow the wave of home foreclosures that has rattled investors.

Bush set to unveil mortgage relief plan

President George W. Bush is expected to unveil a plan on Thursday to prevent a wave of home loan foreclosures that has threatened to knock the U.S. economy into recession and rattled investors worldwide. The plan hammered out by the U.S. Treasury Department in talks with mortgage industry leaders.

Bush set to unveil plan to battle mortgage crisis

President George W. Bush is expected to unveil a plan on Thursday to help struggling American homeowners avoid foreclosure, addressing a mortgage crisis that risks tipping the U.S. economy into recession and has shaken financial markets around the world.