Markets
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Oil heads for longest run of weekly gains in 14 months on ChinaJan 18, 2013 5:26 am - Oil headed for the longest weekly rising streak in 14 months in New York after economic growth accelerated in China, the world’s second-biggest crude consumer. West Texa...
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World stocks rise as US, China economies improveJan 18, 2013 5:24 am - BANGKOK — World stock markets rose Friday after signs that the U.S. economic recovery is gaining traction and a rebound in China’s growth emboldened investors to plunge ...
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S&P 500 surges on housing starts, jobless claimsJan 17, 2013 3:20 pm - NEW YORK — The Standard and Poor’s 500 index climbed to another five-year high after strong reports on housing starts and unemployment claims made investors more optimis...
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Markets steady ahead of next batch of U.S. earningsJan 17, 2013 5:00 am - LONDON — Stocks were flat-footed Thursday as investors awaited the next batch of U.S. corporate earnings to see if there's further momentum to the rally that has pushed...
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Fewer homes repossessed in 2012Jan 16, 2013 6:29 pm - LOS ANGELES — Lenders took possession of fewer U.S. homes in 2012 than a year earlier, as the pace of new homes entering the path to foreclosure slowed and banks increas...
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Goldman, Morgan Stanley pay $557 million in mortgage caseJan 16, 2013 2:28 pm - WASHINGTON — Goldman Sachs and Morgan Stanley will pay a combined $557 million to settle federal complaints that they wrongfully foreclosed on homeowners who should have...
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Boeing drags Dow Jones lowerJan 16, 2013 7:00 am - NEW YORK — More problems for Boeing's 787 sent the aircraft maker's stock down sharply Wednesday, dragging the Dow Jones industrial average lower. Japan's two biggest ai...
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Oil slips as Germany cuts 2013 growth forecastJan 16, 2013 6:00 am - Oil prices slipped closer to $93 a barrel Wednesday, as Germany cut its 2013 growth forecast. By early afternoon in Europe, benchmark oil for February delivery was down ...
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Stocks edge higher as retailers rallyJan 15, 2013 9:51 am - NEW YORK — Stocks edged higher on Wall Street after a rally in retail stocks offset concerns about flaring tensions in Washington over increasing the country’s borrowing...
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Report: Germany to repatriate gold from U.S., FranceJan 15, 2013 9:51 am - BERLIN — A German newspaper reports the country’s central bank will repatriate parts of its massive gold reserves worth about $200 billion at current market rates from s...