The country has put steep tariffs on an array of goods. Seventeen of the world's 20 largest economies have broken recent promises not to take protectionist measures.
Gen. Raymond Odierno outlines the challenges facing US forces as they continue to tamp down violence while working toward a June deadline to withdraw from Iraqi cities.
In his debut on the international stage, President Obama stressed that the United States and the world needed a united front to combat the global economic downturn.
AP - Acting in quick succession, the House and Senate approved budgets Thursday night drawn to President Barack Obama's specifications and pointing the way toward major legislation later this year on health care, energy and education.
AP - Ousted Illinois Gov. Rod Blagojevich's plan to auction off President Barack Obama's vacant U.S. Senate seat marked the culmination of years of scheming for personal gain that included trying to extort a congressman and pressuring businesses to hire his wife, prosecutors alleged Thursday.
AP - Employers are laying off workers at a faster pace despite a few hopeful signs recently that the recession now the longest since World War II could be easing.
The Senate passed a $3.53 trillion version of the federal budget for fiscal year 2010 late Thursday night in a party-line vote, ending several weeks of acrimonious partisan debate. Earlier in the evening, the House of Representatives passed its own version of the spending plan --$3.55 trillion budget, capping off a long day of debate.
Students at Radford University in Virginia locked their doors and were being warned to stay inside Thursday after a man was shot and killed near campus.
Impeached former Illinois Gov. Rod Blagojevich, arrested in December on charges of conspiracy and fraud, was indicted today on 16 felony counts by a federal grand jury, the U.S. attorney's office said. Blagojevich faces charges that include allegedly trying to sell President Obama's vacant U.S. Senate seat. Blagojevich has denied any wrongdoing.