BARACK OBAMA

Group sees U.S. exports to Arab countries rebounding

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U.S. exports to Arab countries in the Middle East and North Africa are forecast to grow almost 20 percent this year to a record $75 billion, fueled by big infrastructure projects and resurgent consumer demand, according to a new private sector report.

Facebook joins drive to get UK voters to polls

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British election officials will for the first time use Facebook to encourage more people to register to vote on May 6 after turnout fell to historic lows in the last two ballots, a watchdog said on Friday.
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FCC official says Comcast ruling may impact broadband plan

A top Federal Communications Commission official acknowledged on Wednesday that the Obama administration's ambitious plan to expand broadband access could be impacted by a court ruling that limited the agency's authority to regulate operations of network providers.
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Obama seeks market-based yuan

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.
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Forex - Obama seeks market-based Chinese currency

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. The president has spoken repeatedly and recently that China's currency must be market-based, White House spokesman Robert Gibbs told reporters. With China on holiday there was no official response from Beijing to a weekend announcement that U.S. Treasury Secretary Timothy Geithner would postpone a report due out...
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China quiet on U.S. currency report delay

A Chinese central bank adviser said Beijing could ease pressure over the yuan by buying more from recession-hit U.S. states, but China had no official reaction on Monday to the Obama administration's delay of a contentious currency report.
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U.S. expects accelerating job creation

The Obama administration expects U.S. job creation to quicken but economic recovery has a long way to go despite improved trends, White House officials said on Sunday.
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Summers expects acceleration of job creation

The Obama administration expects job creation to accelerate and Congress to approve financial reform legislation, White House economic adviser Lawrence Summers said on Sunday.
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U.S. delays decision on China yuan manipulation

U.S. Treasury Secretary Timothy Geithner said on Saturday he was delaying an April 15 report on whether China manipulates its currency but pledged to press for a more flexible Chinese currency policy.
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Summers: Economy on path to growth: FT

The U.S. economy is on the path to achieving self-sustaining growth, although the jobs outlook remains uncertain, White House economic adviser Larry Summers said in a newspaper interview to be published on Saturday.
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Geithner eyes improved odds on China yuan rise

Treasury Secretary Timothy Geithner said on Friday the Obama administration wants to maximize the chances that China will quickly lift the value of its yuan currency and expressed confidence Beijing would decide doing so was in its interest.
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Obama: U.S. starting to turn the corner on jobs

President Barack Obama hailed new signs of an improving U.S. labor market on Friday as proof that we are beginning to turn the corner but warned it would still take time to achieve sustained job growth.
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White House: no decision on China currency report

The Obama administration has not decided to delay a report that could brand China a currency manipulator and Chinese President Hu Jintao's upcoming visit does not affect the issue, the White House said on Friday.
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Private sector hiring lifts March payrolls

U.S. employers created jobs in March at the fastest rate in three years as private firms stepped up hiring, the strongest signal yet that the economic recovery is on a solid footing and needs less government help.
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US defers China currency manipulator decision: report

The Obama administration will defer a decision on whether to name China a currency manipulator until well after President Hu Jintao visits Washington for a nuclear proliferation summit, the New York Times reported on Friday.
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U.S. defers China currency manipulator decision: report

The Obama administration will defer a decision on whether to name China a currency manipulator until well after President Hu Jintao visits Washington for a nuclear proliferation summit, the New York Times reported on Friday.
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March payrolls rise 162,000 on private hiring

U.S. non-farm payrolls, a key measure of the economy's health, rose in March for only the third time since recession struck in late 2007 as the private sector stepped up hiring at the fastest pace in almost 3 years.
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Census hiring to lift March payrolls

U.S. non-farm payrolls, a key measure of the economy's health, probably rose in March for only the second time since recession struck in late 2007 as hiring for the 2010 U.S. Census added jobs.
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U.S. Census hiring to lift March payrolls

U.S. non-farm payrolls, a key measure of the economy's health, probably rose in March for only the second time since recession struck in late 2007 as hiring for the 2010 U.S. Census added jobs.
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Obama puts forward plan for offshore drilling

In a bid to corner more profits for cash-scarce oil companies, the US president Barack Obama has today announced that his administration would consider offshore drilling in the mid and south Atlantic and in the Gulf of Mexico. The move is expected to help increase employment and ease gas prices in the country. However, Obama, who needs bipartisan support to pass a bill that would set limits on US greenhouse gas emissions, cautioned that expanding drilling was not a catch-all answer to US energy ...
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Democrats lie low after healthcare victory

(Reuters) - The week after passing landmark healthcare reform and handing President Barack Obama an important victory, members of the U.S. Congress returned to their home districts for a recess to face constituents and justify their votes after the bruising legislative battle.

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