Stock index futures fell on Monday as the passage of sweeping healthcare reform and uncertainty over Greece's debt crisis revived investor risk aversion.
Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.52 percent, Dow Jones futures down 0.38 percent and Nasdaq 100 futures down 0.47 percent.
Washington's bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way this week as the recent rally appears to be fraying.
U.S. President Barack Obama urged lawmakers on Saturday to resist pressure to weaken a financial reform bill and called again for an independent consumer watchdog to help prevent future financial crises.
President Barack Obama urged the House to pass health insurance reform in Fairfax, Virginia on Friday, two days ahead of the vote.
Washington's bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way next week as the recent rally appears to be fraying.
Most investors confuse money and currency, but they are not the same thing. Money is defined as a medium of exchange, a unit of account and a store of value.
President Barack Obama canceled his trip to Asia and Australia to monitor a critical vote on the health care bill, White House's spokesman Robert Gibbs said during a press briefing Thursday.
Labor market and consumer prices data on Thursday showed the U.S. economy is on a moderate growth path and inflation pressures are contained, backing up the Federal Reserve's vow to keep benchmark interest rates ultra-low for some time.
The tension level in the debate on U.S. financial reform rose on Thursday as Democrats slapped back at a Republican leader's comment about punk staffers and a pivotal vote neared in the Senate.
President Barack Obama signed into law a $17.6 billion jobs bill on Thursday and sounded an optimistic note about the U.S. economy, saying it may soon begin adding jobs instead of losing them.
Members of the World Trade Organization are likely to conclude next week that it will take a political miracle to agree a new trade deal this year, consigning yet another Doha round deadline to the dustbin.
(Reuters) - President Barack Obama picked up support for healthcare reform on Wednesday from a prominent liberal and a group of Catholic nuns, who broke with bishops on the issue of abortion and urged passage of the overhaul.
China faces important negotiations over its exchange rate in coming weeks, the U.S. ambassador to China said on Thursday, adding that it was not just the United States that wanted action on the Chinese yuan.
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.
(Reuters) - President Barack Obama picked up his first convert in the push for healthcare reform on Wednesday as Democrats in the House of Representatives prepared for a close weekend vote on final passage.
Under heavy Republican attack, Democrats in the House of Representatives on Tuesday defended plans to pass a healthcare overhaul without a direct vote as President Barack Obama's top domestic priority neared a make-or-break showdown.
China said on Wednesday it could not be any clearer in its repeated commitment to a stable exchange rate after the U.S. Congress threatened to levy duties on some Chinese exports if it fails to revalue its currency.
Amazon.com Inc said that John Doerr, a renowned venture capitalist who, early on, funded many of the Internet's biggest names, will not run for reelection to the board at the company's next shareholder meeting.
Members of Congress on Tuesday threatened Beijing with duties on some of its exports if it fails to revalue its currency, pressuring the Obama administration to label China a currency manipulator.
Most House Democrats back President Barack Obama's plan to let tax cuts for the wealthy expire this year, though the proposal will face a battle in the Senate, the acting chief of the tax-writing panel in the House of Representatives said on Tuesday.
The new financial reform bill introduced in the Senate will likely be approved at the committee level next week, but its shape could change substantially once it comes before the full Senate and winning Republican support comes into play, analysts said on Tuesday.
