As the U.S. unemployment rate climbs toward 10 percent, President Barack Obama is facing a rising clamor from within his Democratic party to take new steps to lift the economy and jump-start
The U.S. Federal Reserve must continue to prop up the economy for an extended period but can't do so indefinitely for fear of triggering an inflationary surge, Federal Reserve Chairman Ben Bernanke
Asian shares hit a new 14-month high on Friday on investor optimism over the global economy, while the dollar rose on short-covering following its slide earlier in the week. European shares were
European shares remained higher after the European Central Bank kept its key interest rate at 1 percent, with U.S. aluminium group Alcoa's having got third-quarter earnings season off to a positive start.
Britain's Lloyds Banking Group said it was still looking at ways to scale back or cancel its participation in a government-backed scheme to insure it against credit losses. Analysts and investors said,
Britain's leading shares gained 0.9 percent early on Thursday led by strength in commodity and banking issues after Alcoa kicked off the U.S. third-quarter earnings season with a bang. At 0829 GMT
* Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 rise 0.9 to 1 percent, pointing to a higher open on Wall Street on Thursday. * At
Dell Inc plans to launch a smartphone with Google's Android mobile software on carrier AT&T's network, a source said, marking the PC maker's first foray into a cut-throat U.S. cellphone arena. Dell
Text messaging can help smokers quit the habit, according to an international study. A review of four trials conducted in New Zealand, Britain and Norway, found that programs to help people stop
Oil rose above $70 a barrel on Thursday, retrieving some of the previous session's losses, supported by signs of global economic recovery and a weaker U.S. dollar. Oil dropped almost 2 percent
