Developing Story
Nomination of Barofsky to be watchdog of Treasury Dept.'s $700 billion bailout program is being blocked by unnamed senator: Sen. Dodd
Today on Reuters (1/5)
Geithner's rally
Stocks soared on reports that the New York Federal Reserve's Timothy Geithner will be nominated as Treasury secretary, offsetting concerns about embattled No. 2 U.S. bank Citigroup. Full Article | Full Coverage
Cabinet takes shape
Hillary Clinton has accepted Barack Obama's offer to become secretary of state, and Obama is expected to nominate Timothy Geithner for Treasury chief and Bill Richardson for commerce secretary, according to reports. Full Article | Full Coverage
Calming the storm
Citigroup shares tumbled for a fifth straight day, as Chief Executive Vikram Pandit downplayed speculation he might sell major businesses to restore investor confidence. Full Article
On the trail of pirates
Dozens of Somali Islamist insurgents stormed a port in the hunt for pirates behind the seizure of a Saudi supertanker that was the world's biggest hijack. Full Article | Video
Tibet's "Middle Way"
Tibetan exiles have failed to find a viable alternative to the Dalai Lama's "Middle Way" approach to China, and admit they can do little more than hope for a softening in Beijing's stance. Full Article
Citi sinks while autos weigh
Shares of Citigroup skid while legislators and corporate chieftains weigh the fate of the auto industry. Full Article
Ratings far behind the curve
The real value of Wall Street analysts may be in the depth of their research reports, not in their ratings, which can be grossly outdated. Full Article
The Great Debate (1/4)
Obama’s agenda will hurt jobs
President-elect Obama's “family-friendly” workplace agenda sound noble. But if enacted, employers would be less likely to hire, writes Diana Furchtgott-Roth. Commentary
Don’t junk the auto industry
The auto industry is everyone’s favorite whipping boy, and its problems have been growing for decades, but we cannot blithely accept its failure as somehow inevitable or deserved, writes Eugene Ludwig. Commentary
Biofuels run into trouble
Despite a promising start, the U.S. experiment with renewable fuels is facing serious challenges next year, intensifying existing pressures on ethanol distillers and farmers, writes John Kemp. Commentary
Fighting deflation globally ain’t easy
With the U.S., Japan and Britain -- nearly 40 percent of the global economy -- facing the threat of deflation, it's going to be just too easy for one, two or all three of them to get the policy response horribly wrong, writes James Saft. Commentary
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Crisis in Credit
Follow the financial crisis using our interactive video timeline. Track the global impact on our interactive map. Full Coverage
A million years of nuclear planning
Columnist Bernd Debusmann asks if the EPA is engaging in scientific fantasy by setting impossible hurdles over nuclear waste. Commentary
Consumer Credit
The mortgage-inspired crisis infecting markets may be followed by even bigger problems borne out of growing credit card debt. Take a closer look. Full Coverage
Mars revealed
NASA has detected large glaciers hidden under rocky debris that may be the vestiges of ice sheets.
Baghdad protests over U.S. pact
Nov 21 - Mass prayer called by Shiite cleric Moqtada al-Sadr in protest at proposed U.S.-Iraqi security pact which will mean U.S. forces stay for another 3 years. Play Video
