BEIJING (Reuters) - China on Friday said it was sending an envoy to Washington to try to ease trade frictions as its currency regime comes under fire, warning that threats from U.S. legislators could stifle room for progress. The announcement, along with conciliatory comments by China's commerce ...

WASHINGTON (Reuters) - Bowing to political pressure at home, President Barack Obama on Thursday scrapped his trip to Indonesia and Australia next week to stay in Washington for a final push for a healthcare overhaul. The rare cancellation of a presidential trip abroad underscored how Obama's ...

MOSCOW (Reuters) - Middle East mediators condemned for the second time in a week on Friday Israeli plans to build new settlements in disputed East Jerusalem, but the United States suggested Israel was moving to address the issue. U.S. Secretary of State Hillary Clinton, in Moscow for a meeting of ...

WASHINGTON (Reuters) - President Barack Obama, under pressure to keep a campaign promise to revamp U.S. immigration policy, embraced a "promising, bipartisan framework" on Thursday offered by two senior senators. Obama said the proposal by Democrat Charles Schumer and Republican Lindsey ...

MANISTEE, Mich./WACO, Texas/WASHINGTON (Reuters) - Some Tea Partiers say they can pinpoint the precise moment when they made it clear to the Republican Party they had no intention of being its lapdog. On a bright, brisk afternoon in mid-February, with snow still thick on the ground from storms ...

MOSCOW (Reuters) - Visiting U.S. Secretary of State Hillary Clinton on Thursday criticized Russia's plans to start up a nuclear power station in Iran, describing them as premature given uncertainty about Tehran's nuclear ambitions. As Clinton was entering a meeting in Moscow with Foreign Minister ...

WASHINGTON (Reuters) - Congressional budget analysts said on Thursday a broad healthcare overhaul would cut the U.S. deficit over 10 years and sharply expand insurance coverage, boosting the momentum for final passage in the House of Representatives. President Barack Obama postponed a scheduled ...

WASHINGTON (Reuters) - The tension level in the debate on U.S. financial reform rose on Thursday as Democrats slapped back at a Republican leader's comment about "punk staffers" and a pivotal vote neared in the Senate. White House economic adviser Larry Summers and other Democrats ...

Obama made the comment in the White House Rose Garden as he put his name on legislation that includes a number of incentives aimed at helping small businesses recover from the worst recession since the Great Depression. Obama is under pressure to reduce a 9.7 percent jobless rate that has remained ...

NEW YORK (Reuters) - A wealthy businessman who raised money for leading Democratic Party politicians, including Barack Obama and Hillary Clinton, pleaded guilty on Thursday to defrauding three major banks out of $292.2 million in loan transactions. Hassan Nemazee, 60, who once ran a private equity ...