U.S. retail gasoline prices fell sharply in the last two weeks, just below $4 a gallon, in line with retreating crude oil markets, and prices at the pump may slide further, an
Inflation is a concern in the United States and headwinds to economic growth may be picking up, Minneapolis Fed President Gary Stern said in a newspaper interview published on Monday. Stern, a
The U.S. dollar rose to a one-month high against the yen on Monday on easing fears about the world's largest economy, and Asian stocks were mixed as financial sector uncertainty lingered ahead
Publishing group Pearson Plc , owner of the Financial Times, said it was more confident in its full-year outlook after increasing operating profit 38% and sales by 14% in the first half.
REDMOND, Washington (Reuters) – Chief Executive Steve Ballmer on Thursday defended Microsoft Corp's need to make heavy investments in its Internet businesses but said the company was "done," for now, with pursuing
U.S. stock investors will sift through reams of economic reports, including July payrolls and second-quarter gross domestic product, as they search for catalysts this week that could trigger a recovery on Wall
New orders for long-lasting U.S. manufactured goods rose surprisingly in June on demand for metals, machinery, electrical equipment, and military needs, even though transportation orders were weak, a government report showed on
Home foreclosure filings rose 14% in the second quarter, the eighth consecutive quarterly climb, and more than doubled from the same period a year-earlier, real estate data firm RealtyTrac said on Friday.
The global economy's delicate balance was clear on Friday as data showed the slowest UK growth in three years and a 10-year inflation peak in Japan, with only a surprise rise in
Oil fell back below $125 a barrel on Friday, extending a decline that has knocked more than $20 off prices in two weeks. Concern high prices and the slowing U.S. economy will
