Some of the biggest U.S. investors and two former top securities regulators warned that a tarnished Federal Reserve should not be put in charge of preventing systemic risk in the financial system, a central plank of the administration's response to the credit crisis.
China and the United States, the world's two largest emitters of greenhouse gases blamed for global warming, launched a joint research effort Wednesday to produce more fuel-efficient vehicles and buildings.
A jump in auto and gasoline sales salvaged an otherwise lackluster June for U.S. retailers, while an inflation gauge jumped by twice as much as expected, suggesting a long-awaited economic recovery will be sluggish.
U.S. President Barack Obama's plans to overhaul the $2.5 trillion healthcare industry got a boost on Tuesday as Democrats in the House of Representatives offered sweeping legislation and predicted passage on schedule by August.
Alaska Gov. Sarah Palin, who ran for Vice President with Republican candidate John McCain in the 2008 Presidential Elections, called the American Clean Energy and Security Act a threat to the U.S. economy in an op-ed piece published in the Washington Post paper on Tuesday.
The U.S. government's fragmented system for protecting financial consumers is designed to fail and must be replaced by a single, powerful new agency, a senior U.S. Treasury official said on Tuesday.
A jump in auto and gasoline sales salvaged an otherwise lackluster June for U.S. retailers, while an inflation gauge jumped by twice as much as expected, suggesting a long-awaited economic recovery will be sluggish.
President Barack Obama will unveil a $12 billion initiative on Tuesday to boost community colleges and propel the United States toward his goal of having the highest proportion of college graduates in the world by 2020, administration officials said.
President Barack Obama is mulling new ways to delay foreclosure for jobless homeowners who are unable to keep up with monthly payments, an administration official said on Monday.
Steven Rattner will leave as head of the U.S. autos task force, which oversaw bankruptcies at General Motors Corp and Chrysler Group, at a time when a probe into how the private equity firm he co-founded gained New York pension business has intensified.
A combative President Barack Obama on Monday sought to regain the initiative on overhauling the U.S. healthcare system after legislation slowed down in the U.S. Congress while he was abroad last week.
President Barack Obama's nominee for the Supreme Court, Sonia Sotomayor, on Monday promised to apply the law impartially as Republicans questioned her objectivity on the first day of her confirmation hearings.
President Barack Obama nominated Dr. Regina Benjamin for the U.S. surgeon general - the top U.S. public health official,- in a ceremony in the White House Rose Garden on Monday.
An Alabama family doctor who twice resurrected her clinic in a rural Alabama fishing village after it was devastated by hurricanes will be nominated to be the new U.S. surgeon general, an administration official said on Monday.
Judge Sonia Sotomayor, who has been nominated by President Barack Obama to the U.S. Supreme Court, begins her confirmation hearings on Monday before the Senate Judiciary Committee.
President Barack Obama's pick to fill his first U.S. Supreme Court vacancy, Sonia Sotomayor, goes before a Senate hearing on Monday with most people betting she already has enough votes to win confirmation.
U.S. lawmakers on Sunday criticized a plan to raise taxes on the wealthy to pay for a $1 trillion healthcare overhaul and warned Congress was unlikely to meet President Barack Obama's goal of passing the measure by August.
U.S. Energy Secretary Steven Chu and Commerce Secretary Gary Locke visit their ancestral homeland this week to press China to join with the United States in stepped-up efforts to fight global warming.
For President Barack Obama, failure on healthcare is not an option.
Sonia Sotomayor looks almost certain to emerge from Senate hearings this week poised to become the first Hispanic member of the U.S. Supreme Court.
President Barack Obama said Saturday more time was needed for his $787 billion stimulus package to work, predicting the spending would have a bigger impact on the economy later this year.
U.S. President Barack Obama told Africans on Saturday that Western aid must be matched by good governance and urged them to take greater responsibility for stamping out war, corruption and disease plaguing the continent.