John Boehner

Obama invited all House Republican members, but House Speaker John Boehner limited the group to party leaders and prominent committee chairs, lessening the exposure of Obama both to Republicans who might dissent from the leadership's hardline strategy and to rank-and-file Tea Party members who inspired it.

Cautious on India; EMs undervalued, buy on dip: AMP Capital

Global recovery is likely to continue and will benefit emerging markets, but EMs may not outperform in the immediate near-term, says Shane Oliver of AMP Capital Investors.

Brent slips below $109, demand concerns linger

Tropical Storm Karen had prompted producers to shut in nearly two-thirds of oil output in the Gulf of Mexico. But it was downgraded to a tropical depression late on Saturday, with production starting to return to normal by the end of the weekend.

Brent slips towards $109 as storm wanes, demand woes linger

Tropical Storm Karen had prompted producers to shut in nearly two-thirds of oil output in the Gulf of Mexico. But it was downgraded to a tropical depression late on Saturday, with production starting to return to normal by the end of the weekend.

Obama seeks authority for IMF voting reforms

The Obama administration has asked Congress for authority to implement historic voting reforms in the International Monetary Fund that boost the influence of emerging economies like China in the global financial institution, sources said on Tuesday.

Obama calls lawmakers over spending cuts

President Barack Obama has reached out to Republican and Democratic lawmakers in search of a resolution to automatic across-the-board US government spending cuts, a White House official said on Sunday, but Republican congressional leaders offered little hope for a quick solution.

Republicans move to suspend debt ceiling until May

House Speaker John Boehner indicated Tuesday that Republicans will vote on an extension of the federal debt ceiling to allow Treasury to borrow money until mid-May. The move would reverse the order of a series of expected debt and spending fights in Washington, an effort designed to put the GOP on more sound political footing.

US Republicans start new Congress bruised and divided

In the wake of bruising fights in their own ranks over the "fiscal cliff" and aid for victims of superstorm Sandy - Republicans in the US House of Representatives open a new Congress on Thursday more divided than ever.

Wall Street closes lower after fiscal cliff setback

US stocks finished lower on Friday after a Republican plan to avoid the "fiscal cliff" failed to gain sufficient support on Thursday night, draining hopes that a deal would be reached before 2013.

With Boehner's 'Plan B' off the table, what now?

The US House of Representatives Speaker John Boehner called off a vote on Thursday to raise taxes for wealthy Americans in a proposal dubbed "Plan B," bringing the country on the brink of going over the "fiscal cliff."

Boehner has few options in US fiscal cliff mess

Now that House Speaker John Boehner's "Plan B" for addressing the "fiscal cliff" has crashed and burned, the top US Republican appears to have two remaining options - wash his hands of the entire matter or negotiate a compromise with Democrats that could abandon scores of his fellow Republicans.

Wall Street tense after 'fiscal cliff' setback

Friday could be a tense day for markets, as a resolution to the "fiscal cliff" appears less likely in the final trading days of the year.

US 'fiscal cliff' deal closer, but gaps remain

US House of Representatives Speaker John Boehner emerged from a meeting with fellow Republicans on Tuesday morning pledging to press forward on talks to avert the "fiscal cliff," as hope of a deal rose

Boehner opens door to tax hikes to deal with fiscal cliff

US House of Representatives Speaker, John Boehner's offer to accept a tax rate increase for the wealthiest Americans knocks down a key Republican road block to a deal resolving the year-end "fiscal cliff."

More US 'fiscal cliff' talks but neither side giving ground

The White House and House of Representatives Speaker John Boehner's office held more negotiations on Monday on ways to break the "fiscal cliff" stalemate, but Republicans said they were still seeking a new offer from President Barack Obama.

GDP figures may move mkt; global cues supportive: Udayan

Udayan Mukherjee, managing editor, CNBC-TV18, says that these are strong rays on Dalal Street. Last two trading sessions have lit up the screen. We are trading at a new 2012 high this morning, nearly at 20-month high. Yesterday the volumes were also at an all-time high.

White House adviser says deficit deal will pass Congress

White House senior adviser David Plouffe said on Monday that he believes the newly minted deal to raise the US debt ceiling will pass both houses of Congress and be signed into law by President Barack Obama.

White House back in US debt talks, deadline looms

Top congressional Republicans held fresh talks on Saturday with President Barack Obama to try to break a deadlock on raising the US debt limit and expressed confidence that a default by the world's largest economy could be avoided.

US debt crisis: What to expect?

Here is what to expect on Thursday as lawmakers try to close in on a deal for Congress to raise the US government's USD 14.3 trillion borrowing limit by an August 2 deadline and avoid a debt default:

Rupee climbs 28 points to nearly 3-year high

The Indian rupee rose by 28 paise to a nearly three-year high of Rs 43.90 per US dollar in early trade today due to persistent selling of the American currency by banks and exporters in view of the sharp fall of the dollar in overseas markets.

Obama seeks 'Plan B' as US debt plans stall

A Republican plan to cut the US deficit faced delay and stiff opposition on Wednesday, piling anxiety onto investors and ordinary Americans hoping for a late compromise to avoid a crippling debt default.

Boehner calls for US debt deal within a month

Washington needs to wrap up a deal to increase the US borrowing authority within a month to avoid rattling financial markets, House of Representatives Speaker John Boehner said on Wednesday.