After a landmark win in the U.S. House of Representatives, President Barack Obama's push for healthcare reform faces a difficult path in the Senate.

The House passed landmark health care legislation Saturday night to expand coverage to tens of millions who lack it and place tough new restrictions on the insurance industry. The Senate takes up the bill next.

Democratic leaders in the U.S. House scrambled Friday to allay lingering concerns about a broad health care overhaul and raised the possibility a vote planned for Saturday could slip into next week.

Stocks bounced around Friday as investors juggled a disappointing jobs report and some analyst upgrades. Still, all three major indexes were on track to post gains for the week.

For President Barack Obama, the report that showed that the unemployment rate hit 10.2 percent last month gives opponents a chance to score some easy points.

Stocks bounced around Friday as investors juggled a disappointing jobs report and some analyst upgrades.

The guarantees offered by the US government to ensure the financial system does not collapse have changed the world forever because now expectations are that the same guarantees will be offered in major crises, Elizabeth Warren, the head of the Congressional Oversight panel on the Troubled Asset Relief Program (TARP), told CNBC Friday.

General Motors is already feeling the backlash of its decision not to sell European automaker Opel to Magna International, as workers in Germany went on strike.  GM faces not just ire over American-European cultural differences, but worker unease at job security, European-style.

There's little doubt about what investors are focused on this morning: the October employment report, set for release at 8:30 am New York time.

The U.S. government guaranteed $4.3 trillion in financial assets, a bailout watchdog panel said. But the programs have generated fees of about $17.4 billion, while only up to $2 million is expected to be paid out.

Royal Bank of Scotland more than halved its operating losses to 1.5 billion pounds ($2.5 billion) in the third quarter as impairments fell, but less favorable trading battered investment banking profits.

Urged on by President Barack Obama, Democratic leaders in the U.S. House hustled Thursday to round up support for a sweeping health care overhaul headed to a close floor vote Saturday.

In a coup for House Democrats, AARP will endorse sweeping health care overhaul legislation headed for a history-making floor vote, officials told The Associated Press on Wednesday.

Nearly a year after leaving Bank of America under a cloud of controversy involving massive losses, executive bonuses, and lavish office decorating, former Merrill Lynch CEO John Thain is set to emerge from his self-imposed seclusion Thursday at a hedge fund event in Greenwich, Conn.

While US officials publicly support a strong dollar, in private they don't appear so worried about its recent slide.