WASHINGTON (Reuters) - A proposed bailout of U.S.​ automakers failed in the Senate on Thursday night,​ raising the specter of an industry collapse that​ ...

Economists agree that the auto rescue package is​ simply buying more time for the auto industry to​ restructure. What's not clear is whether​ restru...

WASHINGTON (Reuters) - Former Defense Secretary​ Donald Rumsfeld and other senior U.S. officials​ share much of the blame for detainee abuse at Abu​ Ghra...

WASHINGTON (Reuters) - Senate Democrats on​ Thursday revived prospects of an auto industry​ bailout as negotiations on a possible compromise​ with Republ...

WASHINGTON (Reuters) - The White House was​ pressing skeptical Republicans in the Senate on​ Thursday to back a $14 billion bill to rescue the​ troubled ...

CHICAGO (Reuters) - President-elect Barack Obama​ said on Thursday he hoped a congressional deal to​ bail out the struggling U.S. auto industry could​ be...

CHICAGO (Reuters) - President-elect Barack Obama​ nominated former Senate Majority Leader Tom​ Daschle on Wednesday as secretary of the​ Department of He...

CHICAGO (Reuters) - The governor of Illinois, Rod​ Blagojevich, was arrested on Tuesday on​ "staggering" corruption charges that​ alleged he tr...

WEST POINT, New York (Reuters) - U.S. President​ George W. Bush said on Tuesday the United States​ has made it clear to Pakistan that it will do​ whateve...