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Updated: 12 years 25 weeks ago

Obama, Bernanke discuss U.S. economic risks

Tue, 2024-11-26 20:30
WASHINGTON (Reuters) - Democratic presidential candidate Barack Obama met Federal Reserve Chairman Ben Bernanke on Tuesday, discussing the risk of further deterioration in a weakening U.S. economy.

Categories: News, Politics, Reuters

House panel votes to find Rove in contempt

Tue, 2024-11-26 20:30
WASHINGTON (Reuters) - A U.S. congressional panel voted on Wednesday to find former presidential adviser Karl Rove in contempt for defying a subpoena to testify in its probe into suspected political meddling at the Justice Department.

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NY Gov axes budget by $630 mln on Wall St slippage

Tue, 2024-11-26 20:30
NEW YORK (Reuters) - New York will slice spending by $630 million, partly by freezing hiring and running agencies more efficiently to close a deficit, and ask the legislature to slash another $600 million in an emergency summer session, New York Governor David Paterson said on Wednesday.

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U.S. criticizes Kyrgyzstan in hotel fence row

Tue, 2024-11-26 20:30
BISHKEK (Reuters) - The United States criticized Kyrgyzstan on Wednesday for destroying part of a fence surrounding a Western luxury hotel, saying its actions undermined investor confidence in the Central Asian state.

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Bush signs housing bill as Fannie Mae grows

Tue, 2024-11-26 20:30
WASHINGTON (Reuters) - U.S. President George W. Bush on Wednesday signed into law a sweeping rescue package aimed at resurrecting the housing market from its worst slump since the Great Depression and stabilizing the two largest mortgage finance companies.

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India, U.S. urge progress made in WTO talks be saved

Tue, 2024-11-26 20:30
GENEVA (Reuters) - The United States and India both said on Wednesday they hoped to build on progress made before world trade talks collapsed, but clashed again on the issue that brought the meeting down.

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Rice, Livni, Qurei meet as Olmert says he'll quit

Tue, 2024-11-26 20:30
WASHINGTON (Reuters) - Three-way talks on an Israeli-Palestinian peace deal began in Washington on Wednesday but Israeli Prime Minister Ehud Olmert's decision to resign raised new questions about how soon progress could be made.

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U.S.-China trade has cost 2.3 million U.S. jobs: report

Tue, 2024-11-26 20:30
CINCINNATI (Reuters) - The U.S. trade deficit with China cost 2.3 million American jobs between 2001 and 2007, the Economic Policy Institute said on Wednesday in a report likely to fuel debate about free trade ahead of November elections.

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Higher education bill moves closer to passage

Tue, 2024-11-26 20:30
WASHINGTON (Reuters) - A bill that aims to protect college students from aggressive lenders moved closer to passage on Tuesday when U.S. House and Senate negotiators reconciled their differences on the measure.

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Mixed ruling on controversial Florida gun law

Tue, 2024-11-26 20:30
TALLAHASSEE, Florida (Reuters) - Florida employers cannot bar their employees from keeping guns locked in their cars at work but businesses can stop customers from keeping firearms in cars while shopping, a U.S. judge has ruled.

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McCain skin biopsy negative for cancer: clinic

Tue, 2024-11-26 20:30
WASHINGTON (Reuters) - A biopsy conducted on skin taken from the face of U.S. Republican presidential candidate John McCain showed no skin cancer, medical authorities said on Tuesday.

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Bush pushes Congress to expand offshore drilling

Tue, 2024-11-26 20:30
Euclid, OHIO (Reuters) - President George W. Bush on Tuesday again called on Congress to pass legislation that would give energy companies access to billions of barrels of oil in U.S. waters where energy exploration is now banned.

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Three senators call for EPA chief to resign

Tue, 2024-11-26 20:30
WASHINGTON (Reuters) - Democratic senators called on Tuesday for the resignation of Stephen Johnson, head of the U.S. Environmental Protection Agency, saying he sided with polluters instead of fighting global warming and other ecological problems.

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Mixed ruling on controversial Florida gun law

Tue, 2024-11-26 20:30
TALLAHASSEE, Florida (Reuters) - Florida employers cannot bar their employees from keeping guns locked in their cars at work but businesses can stop customers from keeping firearms in cars while shopping, a U.S. judge has ruled.

Categories: News, Politics, Reuters

Senate deadlocked over energy speculation bill

Tue, 2024-11-26 20:30
WASHINGTON (Reuters) - Senate lawmakers remained deadlocked on Tuesday over legislation to rein in excessive energy speculation, as they haggled over adding amendments to the bill.

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Bush nudges China on rights ahead of Olympics

Tue, 2024-11-26 20:30
WASHINGTON (Reuters) - President George W. Bush urged China's leadership on Tuesday to use the Beijing Olympics to show a commitment to human rights, the White House said, as he nudged his Chinese hosts about U.S. concerns 10 days before attending the games' opening ceremonies.

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Obama, Paulson agree on restoring GSE confidence

Tue, 2024-11-26 20:30
WASHINGTON (Reuters) - U.S. Treasury Secretary Henry Paulson and Democratic presidential candidate Barack Obama agreed on Tuesday that Washington must restore confidence in mortgage finance giants Fannie Mae and Freddie Mac, Obama's spokesman said.

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U.S. calls Israeli settlement building "a problem"

Tue, 2024-11-26 20:30
WASHINGTON (Reuters) - The United States called Israeli settlement building "a problem" on Tuesday as U.S. Secretary of State Condoleezza Rice began fresh talks in her uphill push for an Israeli-Palestinian peace deal this year.

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China spying on Olympics hotel guests: U.S. senator

Tue, 2024-11-26 20:30
WASHINGTON (Reuters) - China has installed Internet-spying equipment in all the major hotel chains serving the 2008 Summer Olympics, a U.S. senator charged on Tuesday.

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Sen. Dodd to meet Bernanke, Paulson on mortgages

Tue, 2024-11-26 20:30
WASHINGTON (Reuters) - U.S. Senator Chris Dodd said on Tuesday he plans to meet Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson to discuss provisions of recently-passed housing legislation aimed at helping borrowers with mortgages they cannot afford.

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