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Obama accuses Republicans of peddling "snake oil"

LAS VEGAS (Reuters) – President Barack Obama, fighting to keep Democrats in control of the Senate, accused Republicans on Friday of peddling discredited “snake oil ideas” about the economy. Read…

Geithner and China’s Wang to meet on Sunday

GYEONGJU, South Korea (Reuters) – Treasury Secretary Timothy Geithner on Sunday will travel to Qingdao, China, to meet with Chinese Vice Premier Wang Qishan, a senior Treasury official said. Read…

U.S. seeks $2 billion in military aid for Pakistan

WASHINGTON (Reuters) – The United States announced $2 billion in military aid for Pakistan on Friday as the two countries sought to dispel doubts about Islamabad’s commitment to uprooting Islamist…

New Jersey governor to re-examine tunnel funding

PHILADELPHIA (Reuters) – New Jersey Governor Chris Christie will examine a report this weekend on an $8.7 billion rail tunnel after the federal government urged him to reconsider his cancellation…

In charge of consumer bureau, Warren takes new tone

WASHINGTON (Reuters) – A little more than a month into her job as President Barack Obama’s top adviser on consumer financial issues, Elizabeth Warren has been trying to make peace…

Army sees new rules for combat vehicles soon

WASHINGTON (Reuters) – The U.S. Army plans to release new rules soon for a more affordable ground combat vehicle after abruptly canceling the multibillion dollar competition in late August, a…

Clinton to meet Japan foreign min. first on Asia trip

WASHINGTON (Reuters) – Secretary of State Hillary Clinton will meet Japan’s foreign minister next Wednesday in Hawaii at the start of a trip meant to emphasize strong U.S. ties throughout…

Money flows into Nevada’s tight Senate race

WASHINGTON (Reuters) – The Senate race in Nevada, which late polling suggests is a dead heat, has become a central battlefield in the midterm elections with backers of both parties…

U.S. urges compromise ahead of new Sudan talks

WASHINGTON (Reuters) – North and south Sudan must be ready to compromise next week when they meet in Ethiopia to discuss obstacles to votes that could see the oil-rich south…

WTO rejects many Chinese claims in U.S. duties case

GENEVA (Reuters) – A World Trade Organization panel largely rejected Chinese claims on Friday in a dispute with the United States over extra duties on Chinese goods which Washington argued…