U.S. stocks barely budged on Monday as hopes stirred by AIG's sale of a unit and McDonald's upbeat sales were offset by falling healthcare shares after President Barack Obama's criticism.
(Reuters) - President Barack Obama on Monday criticized U.S. health insurance companies for raising premiums and denying coverage to the sick, as he sought to rally Democratic support for his healthcare bill.
The Obama administration has boosted U.S. defense ties to Israel and will close ranks with its ally against any threat from a nuclear-armed Iran, Vice President Joe Biden said on Monday ahead of a trip to Israel.
The Federal Reserve could retain oversight of large bank holding companies under a scaled-back regulatory reform plan being considered by key senators, but important questions remained unanswered, lobbyists said on Sunday.
Most U.S. business economists expect the Federal Reserve to raise benchmark interest rates within six months by between a quarter and a half percentage point, according to a survey released on Monday.
Most U.S. business economists expect the Federal Reserve to raise benchmark interest rates within six months by between a quarter and a half percentage point, according to a survey released on Monday.
French President Nicolas Sarkozy promised Greece Sunday that euro zone countries would help it overcome its financial problems and vowed a European crackdown on financial speculators Athens blames for its woes.
China has pledged to punish hackers who attacked Google if there is evidence to prove it, but said it has yet to receive any complaint from the world's top search engine.
Chinese Foreign Minister Yang Jiechi said on Sunday that relations with the United States had been seriously disrupted, after a rise in friction between the two big powers.
Iraqis vote on Sunday in a parliamentary election that will help to determine whether their shaky democracy can end sectarian conflict and defeat insurgents who are trying to plunge Iraq back into broader bloodshed.
Commercial banks will come to resemble hedge funds over time unless new rules are introduced setting limits on proprietary trading, White House economic adviser Paul Volcker said on Saturday.
President Barack Obama said on Friday a forthcoming review of the U.S. nuclear posture would reduce the number and role of nuclear weapons in Washington's national security strategy.
Dozens of people were injured in clashes between Palestinians and Israeli forces in Jerusalem and the West Bank Friday, as tension over land and holy sites mounted ahead of a relaunch of U.S.-mediated peace negotiations.
Senator Christopher Dodd, chief negotiator for the Democrats in Senate talks on financial regulation reform, said on Friday he was uncertain whether bipartisan support for a compromise bill could be achieved.
U.S. employers cut fewer jobs than expected during snow-battered February and the unemployment rate held steady at 9.7 percent, bolstering views the economy was on the brink of creating jobs.
(Reuters) - The White House ratcheted up its push for a quick healthcare vote in the U.S. Congress on Thursday, criticizing rising health insurance premiums at a meeting with top industry executives and wooing key lawmakers.
Senator Christopher Dodd, chief negotiator for the Democrats in talks on a bipartisan financial reform bill in the U.S. Senate, on Friday said lawmakers are not there yet on reaching an agreement but said he hopes one will be reached within days.
U.S. employers cut a smaller than expected 36,000 jobs in February, leaving the unemployment rate steady at 9.7 percent, bolstering views the labor market was on the brink of creating jobs.
U.S. employers cut a smaller than expected 36,000 jobs in February, leaving the unemployment rate unchanged at 9.7 percent, according to a government report on Friday which said it was unclear how severe weather had impacted payrolls.
The number of people working in the United States likely fell in February as winter storms that pounded parts of the country kept some workers at home but a swift recovery is expected in March.
The number of people working in the United States likely fell in February as winter storms that pounded parts of the country kept some workers at home but a swift recovery is expected in March.
China is in consultations with technology giant Google to resolve its dispute with the company, which has threatened to abandon the Chinese market over hacking and censorship concerns, said a Chinese official on Friday.
