WASHINGTON (Reuters) - President Barack Obama sought to rally support for his emerging economic rescue package on Saturday, as he stood by his latest Cabinet nominee to run into tax problems that could impede confirmation.
WASHINGTON (Reuters) - U.S. President Barack Obama sought on Saturday to rally support for his emerging economic rescue package, as he stood by his latest cabinet nominee to run into tax problems that could impede Senate confirmation.
WASHINGTON (Reuters) - The U.S. economy shrank at its fastest pace in nearly 27 years in the fourth quarter, government data showed on Friday, sinking deeper into a recession that the White House said demands urgent action.
CHICAGO (Reuters) - Illinois Governor Rod Blagojevich was removed from office on Thursday after the state Senate unanimously convicted him on impeachment charges, including an accusation he tried to sell the U.S. Senate seat once held by President Barack Obama.
WASHINGTON (Reuters) - The number of Americans claiming jobless benefits hit a record high in mid-January, while orders for long-lasting factory goods fell for a fifth month in December, according to data on Thursday that showed the economy in steep decline.
DETROIT (Reuters) - Ford Motor Co posted a deeper than expected quarterly net loss on Thursday, but said it would have sufficient cash to fund its turnaround without seeking government loans, and shares rose in premarket trade.
WASHINGTON (Reuters) - President Barack Obama scored his first major legislative victory on Wednesday with passage of an $825 billion economic stimulus package by a sharply divided U.S. House of Representatives on a 244-188 vote.
WASHINGTON (Reuters) - President Barack Obama pitched his $825 billion economic stimulus plan to business leaders on Wednesday, as the House of Representatives debated the legislation it was expected to pass later in the day.
WASHINGTON (Reuters) - President Barack Obama urged skeptical Republicans to back his $825 billion economic stimulus package on Tuesday during a visit to the U.S. Congress on Capitol Hill.
WASHINGTON (Reuters) - U.S. President Barack Obama will visit Capitol Hill on Tuesday to try to build momentum for an $825 billion package he says is urgently needed to keep the U.S. economy from sinking into an even deeper recession.