Goldman Sachs posts higher-than-expected loss of $428 million. Quarterly loss is only the second since the firm went public.
Obama calls the statehood plan a misguided effort to isolate Israel. One factor Europeans might take into account at the time of a UN vote is whether the moribund peace process shows any life.
President Obama and Secretary of State Clinton are making trips to India and the region in the coming weeks, with an eye toward strengthening alliances to counterbalance China.
When the leaders meet Monday, the US will push for progress toward a Palestinian state, while Israel will ask for a harder line on Iran.