Republican Senator John McCain on Wednesday strongly defended the top advisers from his 2008 presidential campaign in the face of sharp criticism from his vice presidential running mate, Sarah Palin.
U.S. Treasury Secretary Timothy Geithner on Wednesday called on banks to get back to the business of lending and said a tough credit environment for small businesses will slow economic recovery.
Senate Democratic leader Harry Reid prepared to unveil long-awaited healthcare overhaul legislation on Wednesday, with the first test vote on the package expected by the end of the week.
The Obama administration on Wednesday defended plans to try the self-professed mastermind of the September 11, 2001 attacks in criminal courts despite harsh criticism from Republicans who say the trials are too risky.
U.S. President Barack Obama underscored on Wednesday that his administration did not want to meddle in the decisions of General Motors.
President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession.
U.S. President Barack Obama arrived in South Korea on Wednesday for talks that will focus on how to tempt North Korea back to nuclear disarmament talks and a delayed trade pact between Seoul and Washington.
U.S. President Barack Obama aims to bring the Afghan war to an end before he leaves office, he said on Wednesday, the eve of a swearing-in ceremony Western officials hope can help salvage Hamid Karzai's tattered reputation.
U.S. President Barack Obama took time out of his busy diplomatic schedule in China to meet with his half-brother, who lives in the southern part of the country -- but only for five minutes.
The dollar eased back on Wednesday from its biggest rise in three weeks the previous session, as traders awaited U.S. inflation data and minutes from the Bank of England's November meeting for further direction.
Chinese Premier Wen Jiabao told President Barack Obama his nation does not seek a trade surplus with the United States and wants to balance flows, striking a conciliatory note but avoiding public comment on currency rifts.
Gold fell on profit taking on Wednesday after reaching a record high on economic uncertainties and the downtrend in the dollar, while Asian stocks edged higher as hunger for risk stayed high as the year end approached.
Gold hit another all-time high on Wednesday on worries about future inflation and economic uncertainties, while Asian stocks rebounded as the generally bearish dollar kept riskier assets in demand.
U.S. President Barack Obama was set to continue his effort to court China while cajoling it on economic strains on Wednesday, with the final day of his visit featuring talks with Chinese Premier Wen Jiabao.
The head of the largest U.S. labor federation urged President Barack Obama on Tuesday to use the $700 billion Wall Street bailout fund to help cash-starved small businesses as a way to stem rising joblessness.
China on Monday distanced itself from proposals to delay a binding climate pact to 2010, but might be willing to sign up to a political deal at climate talks next month if it includes strong commitments from rich nations.
NATO Secretary-General Anders Fogh Rasmussen said Tuesday he was confident the alliance would agree to increase substantially the number of troops battling Taliban insurgents in Afghanistan
U.S. President Barack Obama said on Tuesday next month's climate talks in Copenhagen should cut a deal with immediate operational effect, even if its original aim of a legally binding pact is not achievable.
President Barack Obama will issue an executive order on Tuesday creating an administration-wide task force to crack down on financial fraud following a rise in mortgage scams and high-profile Wall Street trading scandals, an administration official said.
Target Sees Price War; Obama's Economic Campaign; Tame Inflation Ahead
Chinese and U.S. regulators are negotiating a pact aimed at encouraging Chinese financial institutions to buy into small and medium-sized banks in the United States, bankers briefed on the plan said on Tuesday.
Israel declined comment on Tuesday on a report of new U.S. demands it curb settlement round Jerusalem, but it reaffirmed its determination to go on building on occupied West Bank land that it has annexed to the city.
