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  • Obama Proposes More Help for Troubled US Homeowners

    President Barack Obama has unveiled a plan to boost the economy by helping some homeowners refinance their mortgages. The initiative, announced Wednesday, would build on an earlier White House program. Declining housing prices and widespread foreclos...

  • Obama Calls for End to Political Gridlock

    U.S. President Barack Obama has called on members of Congress to end gridlock and pass rules that would stem the influence of money in politics. In his weekly Saturday address, Obama said he has been the target of obstructionism by members of Congres...

  • Obama Seeks Bigger US Share of International Tourism

    President Barack Obama wants to make it easier for tourists from around the world to visit the United States. The president made the announcement on Thursday at one of Americas leading tourist destinations. I want America to be the top tourist destin...

  • Obama rejects Keystone pipeline

    WASHINGTON, Jan. 18 (Xinhua) -- U.S. President Barack Obama said on Wednesday that his administration had decided to reject the proposed Keystone pipeline between Canada and the United States. In a statement released by the White House, Obama said th...

  • US to Work Closely with Jordan on Mideast Talks

    President Barack Obama says the United States will consult closely with Jordan to advance peace talks between Israel and the Palestinians. The president met Tuesday in the White House with Jordans King Abdullah. After the meeting, President Obama tha...

  • Obama requests 1.2 trillion USD rise in borrowing limit

    WASHINGTON, Jan. 12 (Xinhua) -- U.S. President Barack Obama requested Congress Thursday to raise the federal government's borrowing limit by 1.2 trillion U.S. dollars, as the government is facing mounting budgetary pressure. It was the third and fina...

  • Obama Seeks to Merge Trade, Commerce Agencies

    President Barack Obama is asking Congress for authority to merge a series of federal agencies that deal with trade and commerce. Addressing reporters in the East Room of the White House, he said consolidating the U.S. Commerce Department with several...

  • Obama Wants US Businesses to 'Insource' Jobs

    U.S. President Barack Obama will urge business leaders next week to keep jobs at home rather than outsourcing their industries abroad. Obama announced in his weekly address that he will host a forum at the White House Wednesday. He will meet with bus...

  • Obama: US Economy Moving In Right Direction

    President Barack Obama is cautiously welcoming Friday's news that the U.S. unemployment rate continues to fall. The president says the December jobless numbers show that the nations economy is moving in the right direction. With unemployment at its l...

  • Obama's approval rating surges

    WASHINGTON, Dec. 20 (Xinhua) -- U.S. President Barack Obama is seeing a surge in support among voters, with poll numbers released Tuesday suggesting his approval rating is nearing the 50 percent mark. According to a national survey done by CNN/ORC In...

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