State and industry regulators were put on the defensive on Tuesday at a Senate hearing over their failure to uncover Bernard Madoff’s fraud scheme.

An emergency plan by the US government to stabilise the nation’s two biggest mortgage finance corporations won cross-party support last week.

Both Hillary Clinton and Barack Obama have vowed the Democratic Party will heal its wounds, whoever wins their toxic White House race, and unite to thwart Republican John McCain.…

Democratic presidential hopefuls Hillary Clinton and Barack Obama go head to head on Tuesday in their final showdown before the crucial Texas and Ohio primaries on March 4. The…

Anti-war Senate Democrats bluntly told Iraq commander General David Petraeus on Tuesday his troop surge strategy was an abject failure in its prime objective — forcing a…