Sen. Barack Obama’s foreign policy team includes former State Department veterans and newcomers from academia who seek to reinvigorate U.S. diplomacy.

Gen. David Petraeus’ assertions about falling casualties in Iraq are supported by a range of objective sources. But his testimony to Congress does not establish whether the decline is attributable to…

One year into the U.S. State Department’s effort to transform foreign assistance programs, funding is up but criticism remains over the scope of the reforms.

A primer on government funds charged with investing currency reserves for profit.

As the Obama administration finalizes its first defense budget, analysts say near-term growth will be followed by lean spending amid the worst economic crisis since the Great Depression.