Somali pirates defied international naval powers on Thursday to keep an American ship captain hostage on a lifeboat in the Indian Ocean after their first seizure of U.S. citizens.
The House and Senate Thursday approved President Obama' ambitious and expensive budget blueprints and endorsed a $3.5 trillion spending plan that would trim Obama's spending proposals for the fiscal year that begins in October.
The Democratic-controlled U.S. Congress on Thursday approved budget blueprints embracing President Barack Obama's agenda but leaving many hard choices until later and a government deeply in the red.
Center-left world leaders including Britain's Gordon Brown and Brazil's Luiz Inacio Lula da Silva on Saturday called for global financial reforms at next week's G20 summit, but the U.S. warned against over-regulation.
Congressional Democrats moved on Wednesday to slim down President Barack Obama's 2010 budget request amid bipartisan worries that the his plan could make the U.S. deficit balloon with new federal spending.
If the United States is to succeed in Afghanistan, it is going to have to engage in dialogue with Taliban-led insurgents, according to many analysts with close knowledge of the region.
The United States met NATO allies on Monday to outline its policy review for Afghanistan after President Barack Obama said it would contain an exit strategy and greater emphasis on economic development.
Vice President Joe Biden, along with several Department Secretaries in the Obama Administration gave their firm support today to President Obama’s strategy for creating green jobs to bolster the U.S. economy as part of the recently passed economic stimulus package.
Black, white or no matter what this is a moment in history for all people of the United States.
As the clock hit noon, history was made as the presidential seat was occupied by the nation's first African American president, Barak Hussien Obama. In his inaugural speech, he reminded the nation to choose hope over fear, unity of purpose over conflict and discord to overcome the worst economic crisis since the Great Depression.
Just hours away from being sworn in as not only the nations' 44th president, but also as the first African-American man to take this important role, Obama chose to start the day by attending a church service with his wife.
The Biden's appeared on 'Oprah' Monday afternoon, where the day-time queen will be filming her show in Washington D.C. all week, when Jill Biden let some information slip that apparently she was not supposed to.
While an often mentioned story surrounding Barack Obama's presidential campaign and inauguration in Washington DC on Tuesday has been that he would become the first African American president, that is not the focus of the incoming head of state.
On behalf of President-elect Barack Obama, President Bush on Monday said he has agreed to ask Congress for the second half of a $700 billion financial bailout fund. The timing of the request means that Obama may have the funds at his disposal by the time he is inaugurated as President in one week.
President-elect Barack Obama's mother in law will be living with the first family in the White House after he takes office.
On Wednesday a rare event happened with a president-elect meeting for lunch with 4 of his predecessors.
President-elect Barack Obama has chosen Nancy Killefer, a director at McKinsey & Company and a former assistant secretary of the treasury in the Bill Clinton administration, to serve as the country's chief performance officer.
President-elect Barack Obama's transition team is putting the finishing touches on an economic recovery plan that could run from $675 billion to $775 billion.
WASHINGTON - Both President-elect Barack Obama and Vice President-elect Joe Biden will huddle with Democratic and Republican congressional leaders on Monday to try to advance a huge economic stimulus bill that Obama hopes can be enacted quickly, despite Republican reservations.
U.S. Secretary of State Condoleezza Rice said on Sunday the United States would review billions of dollars in financial aid to ally Pakistan after President Pervez Musharraf declared emergency rule.
Army Gen. David Petraeus, the top U.S. commander in Iraq, faced criticism from a Democratic presidential contender on Tuesday over America's war strategy.
The presidential election is 14 months away and with as many as 17 candidates now running, U.S. television and radio broadcasters are elated at the prospect of billions more in advertising dollars.
