UNITED STATES

Oil rises towards $81; China signals stimulus

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Crude climbed toward $81 a barrel on Friday, approaching a seven-week high, after signals China will maintain its economic stimulus measures boosted hopes strong growth will help drain excess oil supplies.
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Blizzards seen slamming payrolls in February

The number of people working in the United States likely fell in February as winter storms that pounded parts of the country kept some workers at home but a swift recovery is expected in March.
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Shares rise, dollar steady before U.S. jobs data

World stocks pushed higher on Friday after better-than-forecast U.S. retail sales suggested the world's biggest economy was stabilizing while the dollar held broadly steady ahead of U.S. jobs data.
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Asian shares surge on U.S. data, euro flat

Asian shares surged on Friday after encouraging U.S. retail sales and jobs data suggested Asia's biggest export market was stabilizing, while the euro remained on the defensive amid the Greece debt crisis.
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Toyota: no evidence throttle fails in fixed cars

Toyota Motor Corp said a partial review of complaints of unintended acceleration after vehicles were repaired for accelerator pedal problems, had found no evidence of failure in the electronic throttle system or in the repairs.
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Toyota: no evidence of throttle failure in fixed cars

Toyota Motor Corp said a partial review of complaints of unintended acceleration after vehicles were repaired for accelerator pedal problems, had found no evidence of failure in the electronic throttle system and or the repairs.
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FBI director warns of growing cyber threat

Militant groups, foreign states and criminal organizations pose a growing threat to U.S. security as they target government and private computer networks, FBI Director Robert Mueller said on Thursday.
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Iraqi Elections Likely To Fuel Ethnic Tensions, Further Delay Access To Kirkuk's Reserves

The elections in Iraq on March 7, 2010, are likely to serve as an important indicator of the prospects for a resolution of the long-running dispute over the administration of the ethnically mixed and resource-rich province of Kirkuk in the north of the country. The Iraqi Kurds have repeatedly called for Kirkuk to be transferred to the control of the semi-autonomous Kurdistan Regional Government (KRG), which already administers three provinces in the predominantly Kurdish north of Iraq. The other...
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Beijing says working with Google to resolve dispute

China is in consultations with technology giant Google to resolve its dispute with the company, which has threatened to abandon the Chinese market over hacking and censorship concerns, said a Chinese official on Friday.
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Jobless, productivity data lift recovery hopes

The number of U.S. workers filing for jobless benefits fell last week, but a surprise drop in pending home sales to a 10-month low in January underscored the uneven nature of the economic recovery.
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MetLife near $15 billion deal for AIG unit

A tax question holding up American International Group Inc's sale of its foreign life insurance unit to MetLife Inc is expected to be resolved favorably, clearing the way for a roughly $15 billion deal, sources familiar with the matter said on Thursday.
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Wall Street rallies late on retail sales

Stocks rose on Thursday as better-than-expected monthly sales from retailers and a drop in the number of Americans filing claims for jobless benefits pointed to stabilization in the economy.
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Daily Forecast - 5/3/2010

A much larger than forecast narrowing in Australia's trade deficit added some support to the Aussie dollar in local trade yesterday however resistance above 0.9050 saw it slide lower in afternoon exchange.
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Citi's Pandit blesses reforms amid watchdog doubts

Citigroup Inc Chief Executive Vikram Pandit on Thursday voiced support for key Obama administration financial reform goals, including a consumer protection authority, but government watchdogs questioned his earnestness.
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How does healthcare play out politically?

By pushing Congress for final passage of U.S. healthcare reform, President Barack Obama is gambling voters will reward Democrats for the accomplishment rather than punish them in November congressional elections.

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