Senate bid to renew "middle-class" tax cuts fails

WASHINGTON (Reuters) – Democratic measures to extend tax cuts for most Americans failed in the Senate on Saturday as Republicans — and some Democrats — blocked them because they did not also extend low rates for the wealthy. Read more

Obama touts South Korea trade deal

WASHINGTON (Reuters) – President Barack Obama vowed on Saturday to work with Republicans and Democrats to pass a free-trade pact with South Korea that he said was a model for future agreements he would seek in Asia and around the world. Read more

Senate bid to renew "middle class" tax cuts fails

WASHINGTON (Reuters) – Democratic measures to extend tax cuts for most Americans, but not additional low rates for the wealthiest, failed in the Senate on Saturday, as Republicans and some Democrats blocked the plans. Read more

U.S. and South Korea welcome long-awaited trade deal

SEOUL/WASHINGTON (Reuters) – The United States and South Korea welcomed a free trade deal reached after a three-year delay which U.S. President Barack Obama said would boost exports to South Korea by $11 billion and support at least 70,000 American jobs. Read more

Obama visits Afghanistan, says U.S. making progress

BAGRAM AIR BASE, Afghanistan (Reuters) – President Barack Obama, in a surprise visit to Afghanistan on Friday, praised U.S. troops for their sacrifice and ‘important progress’ in a nine-year war that is increasingly unpopular at home. Read more

Wife of Justice Thomas regrets call to Hill

BOSTON (Reuters) – The wife of Supreme Court Justice Clarence Thomas said on Friday that a recent telephone call to Anita Hill, the woman at the center of a 1991 furor at Thomas’s confirmation hearing, was probably a mistake. Read more

Clinton: Iran faces choices in nuclear talks

MANAMA (Reuters) – Secretary of State Hillary Clinton on Friday urged Iran to enter into next week’s nuclear talks in good faith and warned of more pressure and isolation if Tehran kept to its current course. Read more

BP says spill flow lower than government estimate: panel

WASHINGTON (Reuters) – BP Plc believes the actual flow rate of its massive oil spill in the Gulf of Mexico may have been significantly less than the government’s final estimate, according to comments released by the White House oil spill commission on Friday. Read more

U.S.-South Korea trade pact nears with tariff deal: sources

WASHINGTON (Reuters) – South Korea has agreed to give the United States five years to phase out a 2.5 percent tariff on Korean-built cars rather than cut the tariff immediately, clearing the way for a deal on a stalled bilateral trade pact, the Wall Street Journal reported on Friday. Read more