NEW YORK : Obama transition officials say the president-elect has chosen New York Federal Reserve President Timothy Geithner to be treasury secretary.Obama has also named Lawrence Summers, a former
NEW YORK : President-elect Barack Obama will announce the leaders of his economic team Monday, naming Timothy Geithner as treasury secretary and Lawrence Summers to direct the National Economic Coun
LIMA, Peru : Leaders who oversee half the world's economy pledged Saturday to avoid protectionism but shied away from any new proposals on the financial crisis because of somebody who wasn't there:
LOS ANGELES : Small-business owner Greg Mohr was hopping in and out of cars at the Los Angeles Auto Show, but he isn't in the market to buy one. Neither are retirees Greg and Pinkie Stanley, or truc
NEW YORK : Since the Nov. 4 election, investors have been abandoning stocks in a kind of slow-motion crash that experts say underlines just how anxious they are about what is likely to be a long and
LIMA, Peru : Representatives of the U.S. and other nations trying to get North Korea to give up its nuclear weapons have agreed to meet next month to persuade the communist nation to comply with str
WASHINGTON : President-elect Barack Obama has moved with unusual speed to select officials for his administration, and senior Democratic officials say he intends to name Timothy Geithner as his trea
DETROIT : General Motors Corp.'s board of directors does not consider bankruptcy protection a viable option to solve the company's financial troubles, but it has discussed Chapter 11 because it has