Aiming beyond mere rivalry, President Barack Obama declared Monday in his first visit to China that the U.S. and the Chinese carry a "burden of leadership" as he meets with President Hu Jintao to confront climate change, nuclear proliferation and other urgent global problems. Economic and trade tensions shadowed their talks

More than 15 million taxpayers could unexpectedly owe taxes when they file their federal returns next spring because the government was too generous with their new Making Work Pay tax credit

General Motors Co. will begin paying back $6.7 billion in U.S. government loans by the end of 2009 and could pay off that full amount as early as 2010, five years ahead of schedule, CEO Fritz Henderson said Monday

Chinese students visiting Monday with President Barack Obama during a town hall-style meeting wanted to show off their language skills. The U.S. ambassador to China did the same