Reuters: Top News

WASHINGTON (Reuters) - Treasury Secretary Henry Paulson and members of Congress clashed on Tuesday over the best use for the $700-billion financial bailout fund, with lawmakers demanding money to s...

WASHINGTON (Reuters) - U.S. auto executives warned Congress on Tuesday that their industry was teetering on the brink of disaster as they pleaded for a $25 billion aid package despite political opp...

WASHINGTON (Reuters) - U.S. President-elect Barack Obama has conditionally offered Eric Holder the job as attorney general, and the former top Clinton administration official has accepted, a senior...

WASHINGTON (Reuters) - Treasury Secretary Henry Paulson on Tuesday said the unpredictable nature of the current financial crisis meant it was necessary to ensure that financial bailout money was no...

NEW YORK (Reuters) - Auto executives were set to take their case for a $25 billion industry bailout to the U.S. Congress on Tuesday as they hope to overcome political opposition from influential co...

WASHINGTON (Reuters) - Producer prices fell a record 2.8 percent in October as energy prices slid, government data on Tuesday showed, but a measure of core inflation at the farm and factory gate ro...

LONDON (Reuters) - The International Monetary Fund (IMF) said on Tuesday the number of countries seeking help to cope with a spreading economic crisis was growing every day.

TOKYO/LONDON (Reuters) - Major world banks showed the strain of economic crisis on Tuesday, with Britain's Barclays altering its fund-raising plans to quell shareholder anger and profits in Japan's...

BRUSSELS (Reuters) - Any European Union support for automobile companies will be temporary and tied to goals such as improving the sector's environmental performance, EU sources said on Tuesday.

TBILISI (Reuters) - U.S. President-elect Barack Obama has called Georgian President Mikheil Saakashvili to assure Moscow's outspoken foe of Washington's continued support, the Georgian leader's pre...