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US stocks drop; hospitals surge on pro-Obamacare court ruling

Last Updated: Friday, June 26, 2015, 04:05

Health stocks soared Thursday after the Supreme Court upheld a key provision of President Barack Obama`s health care reform, but the broader market fell on worries of a Greek default.

US tech industry appeals to Obama to keep hands off encryption

Last Updated: Wednesday, June 10, 2015, 09:17

As Washington weighs new cybersecurity steps amid a public backlash over mass surveillance, U.S. tech companies warned President Barack Obama not to weaken increasingly sophisticated encryption systems designed to protect consumers` privacy.

Obama tells Greeks it`s time to make tough decisions

Last Updated: Monday, June 8, 2015, 22:01

US President Barack Obama weighed in Monday on the Greece crisis, telling Greeks they need to make tough choices to save the country from a default and possible messy euro exit.

Obama did not say strong dollar a problem: US official

Last Updated: Monday, June 8, 2015, 14:40

A US official on Monday disputed a French source`s account that President Barack Obama had told his allies at a G7 summit that the strong dollar posed a "problem".

US Senate votes to grant Obama fast-track power on trade deals

Last Updated: Saturday, May 23, 2015, 08:20

Attention now turns to the House of Representatives, where opposition is deeper to granting the president power to negotiate trade deals that can be approved or rejected by Congress but not amended.

Obama welcomes Senate vote on trade deals

Last Updated: Friday, May 15, 2015, 11:38

Obama said he shares the values of Democratic critics who worry that any trade deal will be detrimental to American workers while warning that blocking a trade deal will be bad for the US.

US Senate reaches deal on trade fast-track after setback

Last Updated: Thursday, May 14, 2015, 09:17

US senators reached a deal Wednesday that would help grant President Barack Obama authority to quickly complete a huge Pacific trade accord, one day after Democrats blocked the measure.

Barack Obama says not opposed to China-led AIIB

Last Updated: Wednesday, April 29, 2015, 10:41

US President Barack Obama has said the US is not opposed to China-led AIIB but cautioned that money could be "misused" if the new bank does not adhere to high accounting standards and transparency.

US, Japan make progress in trade talks but no deal seen yet: White House

Last Updated: Saturday, April 25, 2015, 06:11

US and Japanese negotiators have made "substantial progress" toward a deal on a major Pacific free-trade pact but President Barack Obama and Prime Minister Shinzo Abe are not expected to announce a final accord during Abe`s Washington visit next week, the White House said on Friday.

Barack Obama defends Pacific trade deal

Last Updated: Friday, April 24, 2015, 06:39

US President Barack Obama on Thursday faced down criticism from his own supporters over a looming Pacific trade deal, saying he had no intention of selling American workers out.

White House wants no currency provision in trade bill

Last Updated: Wednesday, April 22, 2015, 06:15

US President Barack Obama`s administration on Tuesday came out strongly against Democratic proposals to curb currency manipulation as part of a sweeping Pacific trade pact Washington is negotiating with 11 nations.

Greece needs to initiate reforms, slash bureaucracy: Obama

Last Updated: Friday, April 17, 2015, 22:33

Greece must undertake new reforms to bring stability to its shaky financial system, US President Barack Obama said Friday.