Bernanke to face Senate skeptical of Fed policy | January 07, 2011 12:13 AM ET | WASHINGTON (Reuters) - Ben Bernanke will not get an easy pass from U.S. lawmakers on Friday as the Federal Reserve chairman delivers his first congressional testimony since the central bank launched a controversial bond-buying policy. | Full Article | Payrolls seen hitting seven-month high | January 07, 2011 07:43 AM ET | WASHINGTON (Reuters) - The U.S. economy probably created more jobs in December than any month since May, confirming a self-sustaining recovery is underway, but the unemployment rate is seen edging down only slightly. | Full Article | China OKs JPMorgan, Morgan Stanley joint ventures | January 07, 2011 02:14 AM ET | HONG KONG (Reuters) - Chinese securities regulators on Friday approved the joint ventures of J.P. Morgan Chase & Co and Morgan Stanley , bringing the banks a step closer toward operating securities businesses in China that they, and other banks, have long sought. | Full Article | |  | US TOP NEWS | U.S. aims to cut defense budget and slash troops | January 07, 2011 01:05 AM ET | WASHINGTON (Reuters) - The United States plans to cut $78 billion in defense spending over five years, including a reduction of up to 47,000 troops, in a politically contentious move that would trim the government's growing budget deficit. | Full Article | SEC probes California over Calpers: report | January 07, 2011 04:31 AM ET | (Reuters) - The U.S. securities regulator is examining whether the state of California violated securities laws by failing to disclose the risks attached to its public pension fund, the New York Times reported, citing a person with knowledge of the investigation. | Full Article | Obama names JPMorgan's Daley as top aide | January 06, 2011 05:20 PM ET | WASHINGTON (Reuters) - President Barack Obama on Thursday named JPMorgan Chase executive William Daley as his chief of staff, bringing a politically seasoned businessman into the White House to help trigger job growth as he grapples with resurgent Republicans. | Full Article | Obama to name Sperling new economic adviser | January 07, 2011 06:11 AM ET | WASHINGTON (Reuters) - President Barack Obama, retooling his economic team to boost sluggish U.S. growth and tackle emboldened Republicans, will on Friday name Gene Sperling as the new head of his National Economic Council. | Full Article | EU to spurn Iran's offer of atomic site tour: Ashton | January 07, 2011 07:32 AM ET | BUDAPEST (Reuters) - The European Union will turn down an offer from Iran to tour its nuclear facilities, EU foreign affairs chief Catherine Ashton said on Friday, but remains optimistic about talks with Iran later this month. | Full Article | |  | HEALTH NEWS | | |  | RELATED VIDEO |  | |  |  | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. |  | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. |  | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS |  | ODDLY ENOUGH |  | | |
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