After disappearing from South Carolina for a week, Governor Mark Sanford said he was in Argentina seeing a woman with whom he`d had an affair for the past year.

President Barack Obama`s push to create a public health-care program to compete with private insurers is meeting so much resistance from Republicans and even some members of his own party that he is signaling a willingness to compromise.

Japan`s creditworthiness worsened in the past three years, though not enough for Standard & Poor`s to lower the country`s rating from AA, said Takahira Ogawa, the company`s sovereign rating director.

Secretary of State Hillary Clinton completed a three-day Middle East trip intended to reassure Arab allies of U.S. support as the Obama administration begins to pull forces out of Iraq and engage with Iran and Syria.

In a little-noticed speech April 16, President Barack Obama took his closing line from Daniel Burnham, the master planner of Chicago, in a phrase that could be the motto of his young presidency: "Make no little plans."

U.S. Regulators Clash on How to Release Banks' Stress Tests Without Damage

Taiwan`s central bank kept its interest rate unchanged for a second straight meeting on signs the economy will recover from its record contraction.

China's Economy Has Reached Critical Stage of Recovery, Central Bank Says

Federal Reserve officials, encouraged by signs the recession is easing, doused speculation they will pump more money into the economy to hold down interest rates, while indicating they’re not ready to begin a retreat.

The worst may be over for Asia`s exporters as interest-rate cuts and a $585 billion stimulus package get China buying again.

U.S. retail sales probably rose in March even as a drop in factory production and slower inflation signal the recession is far from over, economists said before reports this week.

Japan`s wholesale prices fell at the fastest pace in almost seven years, adding to signs the world`s second-largest economy may return to deflation.