President-elect Barack Obama has vowed to help middle-class U.S. homeowners facing foreclosure, but he has said little about how he will help low-income families made homeless by a worsening economy.

A rapidly deteriorating situation in the U.S. auto industry may serve as the backdrop for a classic contest of political wills between the outgoing Bush administration on one hand and both President-elect Obama and the newly strengthened Democratic congre

People in China wonder, online and out loud, what the U.S. presidential election means for them, and for the world.

With attention on bailout debate, Treasury made change to tax policy. Administration officials had just given American banks a windfall of as much as $140 billion.

In 1989, Rahm Emanuel used his Type-A personality and relentless fund-raising tactics to rake in $7 million in just 13 weeks for mayoral candidate Richard M. Daley.

Described by those who know him as variously an attack dog, warrior, political gangster - the appointment of Rahm Emanuel as Barack Obama's chief of staff has sent a shiver of unease through Republicans hoping for a new spirit of conciliation under....

Barack Obama's November 4 victory as the first US president of African descent (his father was Kenyan) is poised to place Africa firmly in the American policy.

The US has cancelled the diplomatic visas of Venezuelan diplomats at the consulate in Houston after the South American country moved its Texas offices without proper authorization from the US State Department, a deputy spokesman said Monday.

The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.

Defibrillator usage increased last week after John McCain announced Sarah Palin as his vice-presidential running mate and only a heartbeat from control of the nation's nuclear arsenal. But, shortly after most Republicans were shocked back to life they