WASHINGTON (Reuters) - President Barack Obama headed to Europe on Tuesday with a hefty agenda for tackling the economic crisis and seeking support for his new Afghanistan strategy on a trip that will test his global leadership.
WASHINGTON (Reuters) - President Barack Obama seized the wheel of the failing U.S. auto industry on Monday, forcing out General Motors Corp’s chief executive, pushing Chrysler LLC toward a merger and threatening bankruptcy for both.
WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Sunday the government will have about $135 billion left after banks give back some bailout money and declined to say whether he will ask Congress for more.
WASHINGTON (Reuters) - U.S. President Barack Obama will urge European allies to support his new strategy for Afghanistan, telling NATO partners this week their security could be at risk if the country falls into chaos.
LONDON/BERLIN (Reuters) - Thousands of people marched in Britain, France and Germany on Saturday to protest about the global economic crisis and urge world leaders to act on poverty, jobs and climate change at a G20 summit next week.
WASHINGTON/DETROIT (Reuters) - President Barack Obama will announce the next steps to help General Motors Corp and Chrysler LLC on Monday, the White House said, amid signs of progress for GM in talks aimed at slashing its debt and cutting costs in response to slack demand.
WASHINGTON (Reuters) - President Barack Obama won support from top bankers on Friday for his efforts to rid financial institutions of bad debts, but differences remained over broader U.S. plans for the financial industry.
WASHINGTON (Reuters) - President Barack Obama plans to send thousands of troops to train Afghan forces as part of a new war strategy that will focus U.S. efforts on destroying al Qaeda safe havens and rolling back the Taliban insurgency.
WASHINGTON (Reuters) - U.S. corporate profits plunged a record $120.1 billion in the fourth quarter as the economy shrank at its fastest pace since 1982, depressed by a slump in consumer spending and exports, government data showed on Thursday.
WASHINGTON (Reuters) - In a bid to quash Wall Street excesses that nearly caused the collapse of the U.S. financial system, the Obama administration will propose tough restrictions on financial firms, hedge funds and derivatives markets.