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Obama backs away from law to access encrypted information

President Barack Obama’s administration has backed away from seeking legislation that would give U.S. law enforcement agencies access to individuals’ encrypted messages, the White House said on Saturday. “We are actively engaged with private companies to ensur... More »

Clinton courts left with promise to break up risky banks

NEW YORK/WASHINGTON U.S. Democratic presidential hopeful Hillary Clinton on Thursday called for the breakup of large banks that take excessive risks as part of a sweeping plan to curb what she says are Wall Street abuses. Under the proposal, large financial fi... More »

SpaceX raps ULA bid to get U.S. waiver for Russian engines

WASHINGTON Space Exploration Technologies, or SpaceX, has slammed a bid by United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co, to get a waiver from a U.S. ban on Russian rocket engines for military use. Elon Musk, the billionaire fou... More »

Late delay as Pacific trade talks near landmark deal

ATLANTA A dozen Pacific nations closed in on a sweeping free-trade pact on Sunday in Atlanta but failed to finalize terms on the fifth day of round-the-clock talks, dashing hopes raised by an earlier breakthrough on protections for new biotech drugs. U.S. offi... More »

Chaffetz challenge deepens House Republicans’ disarray

WASHINGTON Jason Chaffetz, a rising star among congressional Republicans, on Sunday declared a bid to become speaker of the U.S. House of Representatives, complicating further an internal party struggle to replace John Boehner when he steps down. In a challeng... More »

Clinton gets endorsement of largest U.S. labor union

U.S. Democratic presidential front-runner Hillary Clinton, who has been vying with challenger Bernie Sanders for the support of organized labor, scored a win on Saturday with an endorsement from the National Education Association, a huge teachers union. The NE... More »

Bad data but at least we’ve got the Fed: James Saft

The U.S. jobs data were a bust, China remains a threat, the Fed won’t hike until, well, don’t ask, and bad news is good news for the stock market once again. Stocks plunged and then rallied back to gains on Friday after payrolls data showed not just declining ... More »

House conservatives vie for clout over Boehner successor

WASHINGTON Republican lawmakers jockeyed for position on Sunday in the race to replace House of Representatives Speaker John Boehner as conservatives sought to exert influence over the election and push their party’s leadership further to the right. The House ... More »

U.S. says to spend $300 million to fight HIV in Africa

WASHINGTON The Obama administration said on Saturday it was allotting an additional $300 million to the effort to reduce HIV infection among girls and young women in 10 sub-Saharan African countries. The sum would help the main U.S. program for fighting AIDS i... More »

Volkswagen to halt U.S. sales of some 2015 diesel cars

FRANKFURT/HAMBURG Volkswagen (VOWG_p.DE) told U.S. dealers to halt sales of some 2015 diesel cars after regulators found software it designed for the affected vehicles gave false emissions data, the company said Sunday, announcing it had launched an investigat... More »

Kerry says U.S. ready to take more refugees

BERLIN The United States will increase the number of refugees it takes in by 15,000 over each of the next two years, bringing the total to 100,000 by 2017, U.S. Secretary of State John Kerry said after talks with his German counterpart on Sunday. The remarks m... More »

Trump defend Obama? ‘I don’t think so!’

WASHINGTON Republican presidential frontrunner Donald Trump said on Saturday it was not his job to stand up for U.S. President Barack Obama after a man at one of his campaign events said he was a Muslim and “not even an American.” “Am I morally obligated to de... More »

Note to the U.S. Congress: No gladhanding the Pope

WASHINGTON The four leaders of the U.S. Congress asked members on Thursday to refrain from one of Washington’s favorite rituals when Pope Francis visits the Capitol next week: no trying to grab a handshake as he makes his way in. On Sept. 24, Pope Francis will... More »

Boeing rejects Aerojet Rocketdyne bid for ULA launch venture

NATIONAL HARBOR, Md. Boeing Co (BA.N) on Wednesday said it had rejected an unsolicited bid from Aerojet Rocketdyne Holdings Inc (AJRD.N) for United Launch Alliance, a 50-50 rocket launch venture of Boeing and Lockheed Martin Corp (LMT.N). “The unsolicited prop... More »

Trump says high pay for CEOs is a joke and ‘disgraceful’

WASHINGTON U.S. Republican party presidential frontrunner Donald Trump said on Sunday high salaries paid to chief executives were a “joke” and a “disgrace” and said these were often approved by company boards stacked with the CEO’s friends. Trump, a real estat... More »

U.S., Cuba set agenda on improving relations

HAVANA Cuba and the United States on Friday set an agenda for improving relations, putting a priority on more easily attainable agreements while leaving aside difficult issues such as the U.S. trade embargo and naval base at Guantanamo Bay, Cuba said. Official... More »

Obama changing name of Alaska’s Mount McKinley to Denali

WASHINGTON President Barack Obama on Monday will officially restore Denali as the name of North America’s tallest mountain, siding with the state of Alaska in ending a 40-year battle over what to call a peak that has been known as Mount McKinley. The historic ... More »

Obama invites Pakistan PM Sharif for October visit

WASHINGTON President Barack Obama has invited Pakistan’s prime minister, Nawaz Sharif, for a meeting at the White House on Oct. 22, the U.S. National Security Council said on Sunday. The invitation came during a visit to Islamabad on Saturday and Sunday by Nat... More »

Iran nuclear deal now backed by 31 senators

WASHINGTON U.S. Senator Jeff Merkley, a Democrat from Oregon, said on Sunday he would support the nuclear deal with Iran, moving President Barack Obama a step closer to having sufficient backing to ensure the deal stands. “I believe the agreement, titled the J... More »

Traders see over 50 percent chance on October rate hike

NEW YORK Traders priced in a more than 1-in-2 chance the U.S. Federal Reserve would raise interest rates in October after Atlanta Federal Reserve President Dennis Lockhart suggested the Fed could consider such a move. In over-the-counter trading, overnight ind... More »

How Trump plans to turn gawkers into hardcore supporters

DUBUQUE, Iowa Thousands of people are expected to stream into an events center here on the banks of the Mississippi River on Tuesday to see Donald Trump. When they do, his presidential campaign will be waiting, looking to convert casual gawkers into hardcore s... More »

Fed ‘put’ no cause for relief: James Saft

(James Saft is a Reuters columnist. The opinions expressed are his own) By James Saft (Reuters) – Future risk-adjusted returns look poor from here, but if the Federal Reserve deploys its safety net they will be worse still. Monday’s savage markets selloff inev... More »

Back from golf course, Obama tees up renewable energy, Iran

WASHINGTON President Barack Obama, fresh from vacation and nine rounds of golf in Martha’s Vineyard, launched into a busy two weeks promoting renewable energy and his nuclear deal with Iran. With the U.S. presidential election campaign and China’s slumping sto... More »

DOJ hits back at Senator Menendez in court filings

WASHINGTON Lawyers for the U.S. Justice Department on Monday filed a stinging rebuke to U.S. Senator Robert Menendez’s bid to have political corruption charges against him dismissed. Menendez, a New Jersey Democrat and former chairman of the Senate Foreign Rel... More »

House panel asks NASA why it isn’t probing SpaceX blast

WASHINGTON A House panel this week asked NASA to explain why it hasn’t launched an independent review of the explosion on June 28 of a SpaceX Falcon 9 rocket, as it did after the earlier explosion of Orbital ATK Inc’s Antares rocket on Oct. 28. Both launches w... More »

Planned Parenthood fight hits Congress, wider impact unclear

WASHINGTON, August 3 Women’s health group Planned Parenthood, under attack by anti-abortionists posting hidden-camera videos online, will be the focus of a partisan showdown on Monday in the U.S. Senate, with any wider influence on voters from the charge still... More »

Democrats see ‘fire wall’ holding to preserve Iran deal

WASHINGTON U.S. backers of the Iran nuclear deal are increasingly confident of enough Democratic support to ensure it survives review by Congress, despite fierce opposition by majority Republicans and a massive lobbying drive. By the time the House of Represen... More »

Obama to unveil tougher climate change plan

WASHINGTON President Barack Obama will unveil on Monday the final version of his plan to tackle greenhouse gases from coal-fired power plants, kicking off what is expected to be a tumultuous legal battle between federal environmental regulators and coal indust... More »

Fetal tissue research declining, still important

CHICAGO A political battle over the use of fetal tissue in medical research has been reinvigorated by the release of undercover videos targeting Planned Parenthood officials. But the controversy comes just as interest in the use of fetal tissue is dwindling, s... More »

McCain urges Trump to apologize to U.S. military families

WASHINGTON Senator John McCain urged Republican presidential candidate Donald Trump on Monday to apologize to U.S. military families for saying prisoners of war are not heroes, in his first direct response to Trump’s remarks. Trump drew a barrage of criticism ... More »

House Democratic leader presses for Iran deal support

WASHINGTON Nancy Pelosi, the Democratic leader in the U.S. House of Representatives, wrote to colleagues on Monday backing the nuclear agreement with Iran, as congressional Republicans railed against a U.N. vote on the deal. “As you may be aware, I believe tha... More »

Republican candidate Bush vows Washington culture shake-up

TALLAHASSEE, Fla. U.S. Republican presidential hopeful Jeb Bush vowed on Monday to cut government spending and more tightly limit lawmakers’ connections with lobbyists if he reaches the White House, part of an attempt to separate himself from a large pack of R... More »

In speech, Clinton to put wages at heart of economic policy

WASHINGTON Democratic frontrunner Hillary Clinton will put the fight for higher wages for “everyday Americans” at the heart of her economic agenda on Monday, when she makes the first major policy speech in her White House bid. Clinton will argue that ensuring ... More »

Congress promises rough ride for any nuclear deal with Iran

WASHINGTON The top Republican in the U.S. Senate cast doubt on Sunday on whether President Barack Obama would be able to win approval in Congress for any nuclear deal with Iran, and some Democrats also expressed reservations. “I think it’s going to be a very h... More »