BARACK OBAMA

Durable goods orders edge up, jobless claims dip

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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.

Global caution on removing economic help

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Top policymakers warned on Thursday the world economy is not out of the woods and a global recovery is still far from secure, urging caution as central banks work on withdrawing critical support.
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Durable goods orders climb while jobless claims dip

New orders for long-lasting U.S. manufactured goods edged higher last month and the number of workers filing applications for jobless aid fell last week, indicating the economy remains on a steady recovery path.
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Markets fall on data, but P&G results limit losses

U.S. stocks fell on Thursday after weaker-than-expected data on durable goods and jobless claims fueled uncertainty about the economy's recovery, and outlooks from Motorola and Qualcomm hit tech shares.
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Stocks open flat after Obama speech, data

Wall St opened flat on Thursday in the wake of the President Barack Obama's State of the Union speech, which had no new plans to tighten Wall Street oversight, as durable goods orders and jobs data offered a mixed picture on the economy.
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Stock futures up after Obama speech, Procter, Ford earns

U.S. stock index futures were higher on Thursday in the wake of President Barack Obama's State of the Union speech, which had no new plans to tighten Wall Street oversight, and after strong results from Procter & Gamble and Ford.
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Senate to vote on Bernanke Thursday

Federal Reserve chief Ben Bernanke's nomination for a second term running the world's most powerful central bank faces a decisive day in the Senate on Thursday when his confirmation vote looks set to go ahead.
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Iran faces consequences over nuclear program: Obama

President Barack Obama said his focus on nuclear disarmament had strengthened U.S. diplomacy in dealing with North Korea and Iran, and he warned Tehran faced growing consequences over its nuclear program.
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Dollar hits 6-month high vs euro; tech stocks up

The U.S. dollar rose to a six-month high against the euro on Thursday, on signs the Federal Reserve is more confident about a recovery, while Asian equities were on track to snap a nine-day losing streak. U.S. stock futures rose during Asian session after U.S. President Barack Obama in an address to Congress had a more moderate tone on restrictions toward U.S. banks.
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Fed, techs lift Wall St; futures cheer Obama

Stocks rose on Wednesday after the U.S. Federal Reserve pledged to keep interest rates near zero and stock futures signaled more gains ahead after President Barack Obama struck a conciliatory tone on banks in his State of the Union speech.
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Obama recasts agenda, urges action on jobs

President Barack Obama vowed on Wednesday to boost jobs growth and impose tough new regulations on Wall Street as he recast his agenda after suffering a devastating political setback.
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Futures advance on Obama's speech

Stock index futures added gains in late after-hours trading on Wednesday as investors took President Barack Obama's State of the Union speech as toning down some of the rhetoric that unnerved investors last week when he unveiled new restrictions on U.S. banks.
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Dow, S&P dip after Fed; Apple lifts Nasdaq

The Dow and the S&P 500 slipped on Wednesday after the U.S. Federal Reserve said it will keep interest rates near zero and investors remained cautious before President Barack Obama's State of the Union address tonight.
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Stocks edge lower as housing, outlooks weigh

The S&P 500 and the Dow fell on Wednesday after a report showed new home sales dropped unexpectedly in December, while Caterpillar Inc and United Technologies Corp gave guarded outlooks for the months ahead.
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Stocks off after housing data, Caterpillar drops

U.S. stocks fell on Wednesday after data showed new home sales dropped unexpectedly in December, as investors remained wary ahead of the U.S. president's State of the Union speech and the end of the Federal Reserve policy meeting.
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Geithner takes hot seat at AIG hearing

A congressional panel, probing how money from the huge bailout of insurer American International Group Inc was spent, grilled Treasury Secretary Timothy Geithner on Wednesday about his role.

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