Had anyone said a few months ago that the federal government would step in to provide a trillion dollars to subsidize gasoline—to bring it down to $1.85 a gallon nationwide from prices that were exceeding $4 a gallon—we would have had a national debate...

President Obama late this afternoon nominated Harvard professor Ashton B. Carter, a leading authority on arms control, to take on a surprising new role, according to top administration officials -- as the Pentagon's chief weapons buyer...

During his confirmation hearing before the United States Senate toward the end of January, Secretary of the Treasury Timothy Geithner accused China of "manipulating" its currency...

The relationship between the U.S. and Russia, which reached a nadir this past August during the war in Georgia, appears to have experienced a slight thaw during the first month of the Barack Obama administration...