Barack Obama

Pacific trade pact chances 'significantly' better than 50-50: Obama

Chances that U.S. negotiators can bring home a strong trade deal with Asia-Pacific countries are now much better than 50-50, U.S. President Barack Obama said on Thursday.

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Kerry feels heat on Keystone oil pipeline at U.N. climate talks

U.S. Secretary of State John Kerry on Thursday urged countries at U.N. climate talks in Lima to move away from using fossil fuels while demonstrators gathered outside the meeting urged him to reject the Keystone oil pipeline.

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U.S. manufacturers group opposes stricter Internet regulations

The U.S. National Association of Manufacturers on Wednesday wrote to congressional and Federal Communications Commission leaders to oppose potential stricter regulations for Internet service providers.

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U.S. third-quarter growth likely to be revised higher on services data

U.S. economic growth was likely stronger in the third quarter than previously reported, according to data on Wednesday that showed spending on services expanding at a brisk clip.

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Congress reaches deal for $1.1 trillion U.S. spending bill

Congressional negotiators unveiled a $1.1 trillion U.S. spending bill that aims to avoid a government shutdown at midnight on Thursday and punts an immigration showdown between Republicans and President Barack Obama until February.

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Dow, S&P 500 set record highs in light volume

The Dow and S&P 500 eked out a fifth session of record closing highs on Tuesday, barely extending the market's recent rally in light volume as consumer discretionary shares gained.

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U.S. fiscal 2014 budget deficit falls to $486 billion, CBO says

The U.S. budget deficit fell by nearly a third during fiscal 2014 to $486 billion as federal revenues grew far faster than spending, the Congressional Budget Office said on Wednesday.

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Becton Dickinson to buy CareFusion for $12 billion in cash, stock

Medical equipment supplier Becton Dickinson & Co (BDX.N) has agreed to buy CareFusion Corp (CFN.N), a maker of infusion pumps and other medical devices, for $12.2 billion in cash and stock, marking the latest multibillion-dollar healthcare sector deal.

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U.S. hiring accelerates, jobless rate hits six-year low

U.S. employers ramped up hiring in September and the jobless rate fell to a six-year low, bolstering bets the Federal Reserve will hike interest rates in mid-2015.

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Asian shares tread cautiously after Obama speech

Asian share market sentiment was cautious on Thursday after U.S. President Barack Obama vowed to fight Islamic State militants, while the dollar pushed to fresh six-year highs against the yen.

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Dollar holds broad gains, NZ dollar stung by RBNZ

The U.S. dollar held near a six-year peak against the yen early on Thursday and powered to a seven-month high on its New Zealand peer, which fell after the country's central bank said its current level is "unjustified and unsustainable".

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Ukraine ceasefire hopes push stocks, rouble higher

World markets jumped on Wednesday as Ukraine's President Petro Poroshenko said a ceasefire had been reached with Russia, raising hopes that a recent escalation in the conflict could be reversed.

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Obama tech policy maven moves to Silicon Valley role

Todd Park, President Barack Obama's chief technology officer who played a role in fixing the flawed Healthcare.gov website, is moving to a new job recruiting top Silicon Valley talent to government, a source familiar with the situation said on Friday.

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NSA data-gathering may run into California roadblock

The federal government would need a warrant from a judge if it wants the cooperation of California officials in searching residents' cellphone and computer records, under a bill making its way through the state legislature.

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Facebook to roll out 'I'm a Voter' feature worldwide

When Americans voted to renew President Barack Obama's lease on the White House in November 2012, more than 9 million citizens took to Facebook to click the "I'm a Voter" button, showing their online friends that they had cast a ballot.

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