Trade ministers were skeptical on Saturday about the prospects of concluding stalled global trade liberalization talks this year, with some blaming the United States for foot-dragging.
President Barack Obama addressed the GOP House Issues Conference in Baltimore on Friday where he criticized the Republican party of trying to prevent passage of his policies and made a call for their support in the creation of jobs.
The economy grew at its fastest pace in more than six years in the fourth quarter, surprising economists, as businesses curbed their aggressive cut in stocks and stepped up spending.
President Barack Obama on Friday proposed a $5,000 tax credit per new employee in 2010 as well as tax break for salary increases.
The day after President Barack Obama's State of the Union address to the Congress, leaders in the Senate and the House of Representatives said they would not abandon the bill despite sharp Democratic divisions on how to proceed.
The competing agendas of House Republicans and President Barack Obama are set to clash on Friday.
Top bank regulator Sheila Bair said on Friday that proposed proprietary trading limits are very positive, but said they would not have necessarily reined in risk-taking at the institutions that required massive bailouts.
The U.S. economy grew at a faster-than-expected 5.7 percent pace in the fourth quarter, the quickest in more than six years, as businesses made less-aggressive cuts to inventories and stepped up spending.
Two House leaders are calling for investigations into how hackers managed to access and deface government websites this past Wednesday.
The U.S. economy likely grew at its fastest pace in nearly four years in the fourth quarter as businesses made less-aggressive cutbacks on inventories, a government report is expected to show on Friday.
The Afghan government on Thursday invited the Taliban to a peace council as its Western allies worked out plans to try to end the war in Afghanistan.
President Barack Obama vowed on Thursday he would not rest until U.S. businesses were hiring again, as he took his recast agenda on the road and sought to dig out of his deepest political rut since taking office.
The U.S. economy likely grew at its fastest pace in nearly four years in the fourth quarter as businesses made less-aggressive cutbacks on inventories, a government report is expected to show on Friday.
The Senate on Thursday backed Ben Bernanke for a second four-year term running the Federal Reserve, the world's most powerful central bank, despite deep misgivings over his perceived policy missteps.
NASA is set to receive a $6 billion fund injection over the next five years in a bid for ocompanies to develop rockets capable of taking astronauts to the International Space Station.
The Australian Dollar opens at 0.8940 after a volatile 24-hour session which saw it trade between a low of 0.8910 during early Sydney trade yesterday and a high of 0.9044 in early Europe.
Treasury Secretary Timothy Geithner joined other Obama administration officials on Thursday who fanned out across the country to talk up prospects for brighter hiring prospects as recovery sets in.
New orders for long-lasting U.S. manufactured goods edged higher in December and the number of workers filing applications for jobless aid fell last week, indicating the economy remains on a recovery path.
California and Florida high-speed rail projects were the biggest beneficiaries of more than $8 billion dollars in federal grants announced on Thursday.
The Senate on Thursday looked poised to narrowly approve Ben Bernanke's nomination to a second term running the world's most powerful central bank, despite misgivings over perceived policy missteps.
The Senate on Thursday looked poised to narrowly approve Ben Bernanke's nomination to a second term running the world's most powerful central bank, despite misgivings over perceived policy missteps.
The U.S. Senate on Thursday looked poised to narrowly approve Ben Bernanke's nomination to a second term running the world's most powerful central bank, despite misgivings over perceived policy missteps.
