President Barack Obama visited a Home Depot on Tuesday in Alexandria, Northern Virginia and delivered a speech intending to stimulate the economy by creating more jobs.
Bank of America Corp (BAC.N) pledged on Monday to loan an additional $5 billion to small businesses in 2010, after the top executives for the largest U.S. banks met U.S. President Barack Obama.
A year ago the 27-year-old Jacksonville, Florida entrepreneur launched a website - Iwearyourshirt.com () - where he charged people to wear whatever shirt they sent him. On New Year's Day, he charged $1 and each successive day Sadler's fee went up a buck, so this New Year's Eve he will charge $365.
The Obama administration will announce plans later on Tuesday to acquire an Illinois prison and to send a limited number of detainees there from the U.S. military prison at Guantanamo Bay, a U.S. official said.
Afghan President Hamid Karzai used a keynote anti-corruption speech on Tuesday to defend the most senior of his officials to be convicted of graft in years, a move that could anger Western backers who demand more accountability.
A Democratic proposal to ban the collection of doctors' prescription records for marketing purposes is unlikely to be included as part of the Senate's overall health reform bill, a Senate staff member said on Monday.
China has so far weathered the global economic downturn with its growth rate staying robust and no sign the government faces any major challenge to its rule. Following is a summary of key China risks to watch:
Citigroup Inc and Wells Fargo & Co said they were paying back funds to the U.S. government, in transactions that will end taxpayers' capital support of the biggest U.S. banks much sooner than had been expected just weeks ago.
A key ingredient for any climate change deal in Copenhagen this week will be a money pledge by rich countries to help poor ones fight global warming.
President Barack Obama said Monday that Banks must be active in helping accelerate the U.S. economic recovery after receiving help from taxpayers.
President Barack Obama told top U.S. bankers on Monday they owed it to the country to help lift the economy out of crisis by lending more money to small businesses in need and embracing financial reforms.
President Barack Obama told top U.S. bankers on Monday they owed the country their help in lifting the economy out of crisis and implored them to lend more money and get behind financial reforms.
President Barack Obama's top economic adviser said on Sunday that the United States is a long way from the point where merit trumps background in higher education, adding that scholarship assistance is crucial to leveling the playing field.
President Barack Obama planned to get tough with executives from top U.S. banks on Monday and tell them that they must help lift the country out of the economic crisis they helped to create.
Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing $17 billion of stock immediately, as the bank looks to end the executive pay restrictions that came with the funds.
President Barack Obama may have some tough words for executives of Goldman Sachs, Citigroup and other financial firms when he meets with them on Monday.
Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing $17 billion of stock immediately, as the bank looks to end the executive pay restrictions that came with the funds.
Citigroup has struck a deal with U.S. regulators to repay $20 billion of government bailout funds, allowing the bank to exit the TARP program in 2010.
President Barack Obama may have some tough words on Monday for executives of top U.S. banks as he pushes them to step up small-business lending and get behind legislation to overhaul Wall Street regulations.
President Barack Obama said he expects the U.S. Senate to pass by the end of next week legislation to overhaul the U.S. healthcare system, but the top Senate Republican scoffed on Sunday that Obama's Democrats were too divided to do so.
The top U.S. military officer warned on Monday the first U.S. troops headed to Afghanistan as part of President Barack Obama's surge can expect more fighting and casualties, hours after 15 Afghan police were killed.
Democrats scrambled on Friday to resolve a stalemate over whether to permit imports of cheaper prescription drugs from Canada and elsewhere as part of a larger effort to overhaul the U.S. healthcare system.
