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Business 11 Feb 2011 | 12:00 AM

Obama promotes plan for near universal wireless

MARQUETTE, Michigan: Saying tomorrow's economy can't thrive on yesterday's infrastructure, President Barack Obama on Thursday promoted his five-year plan to lure new industries and jobs to the U.S. by expanding high-speed wireless to 98 percent of the country.

Business 08 Feb 2011 | 12:00 AM

Analysis: Obama looks from Egypt to US economy

WASHINGTON: For now, the fever appears to be breaking in the Egyptian crisis, allowing President Barack Obama to turn back to pressing U.S. economic troubles and the impending political battles over solutions to America's huge and threatening debt burden.

Business 27 Jan 2011 | 12:00 AM

Obama and Republicans face budget battle

WASHINGTON: President Barack Obama and Republicans are headed for a fight over deficit reduction and spending cuts despite a conciliatory State of the Union speech that set the tone for a looming budget debate.

Business 21 Jan 2011 | 12:00 AM

GE's Immelt to head Obama economic advisory board

WASHINGTON: President Barack Obama is restructuring his economic advisory board to place an emphasis on job creation, and he is naming General Electric CEO Jeffrey Immelt as its new head.

Business 07 Nov 2012 | 12:00 AM

As voting ends Online bettors give Obama favorable odds to win

NEW YORK: Trading in U.S. stocks was quiet on Tuesday but betting on the U.S. presidential race reached fever pitch, with most online gambling sites giving President Barack Obama favorable odds to win.

Business 04 Oct 2012 | 12:00 AM

Romney takes fight to Obama in first debate

DENVER: An aggressive Mitt Romney took the fight to President Barack Obama on Wednesday and the Republican candidate appeared to breathe new life into his struggling campaign with a solid performance at their first debate.

Business 04 Oct 2012 | 12:00 AM

Obama and Romney fight about US economy at debate

DENVER: Mitt Romney accused President Barack Obama on Wednesday of promoting trickle-down government policies that are burdening the U.S. economy, as the Republican candidate sought to use a high-stakes debate to right his struggling campaign before the November 6 presidential election.

Business 05 Dec 2012 | 12:00 AM

Obama firm on "fiscal cliff" amid Republican disarray

WASHINGTON: President Barack Obama held his ground on the fiscal cliff on Tuesday, insisting on higher tax rates for the wealthiest Americans, while Republicans showed increasing disarray over how far they should go to compromise with Obama's demands.

Business 31 Dec 2012 | 12:00 AM

Obama says failure to reach fiscal deal would hurt markets

WASHINGTON: Financial markets would be affected adversely if U.S. lawmakers fail to agree on a fiscal cliff deal before Tuesday, President Barack Obama said in an interview broadcast on Sunday, while urging Congress to act quickly to extend tax cuts for middle-class Americans.

Business 17 Sep 2012 | 12:00 AM

Obama to launch auto trade case against China

WASHINGTON: President Barack Obama will launch a trade complaint against China over what it says is Beijing's unfair government backing of its auto industry, a White House official said on Sunday.