Home prices in Manhattan fell in the double digits in the fourth quarter, but the markdown pushed buyers into the market, according to several reports released on Tuesday by New York City's biggest brokerages.
Stock index futures pointed to a flat open on Tuesday as investors awaited key economic data for new signs of recovery one day after the Dow and the S&P rallied to their highest closes in more than 15 months.
The recovery in financial markets last year helped bring significant improvement to the financial health of U.S. pension funds, potentially adding $180 billion to companies' balance sheets, a survey showed on Tuesday.
Stock index futures were flat on Tuesday as investors awaited key economic data for fresh signs of an economic recovery a day after the Dow and the S&P rallied to their highest closes in more than 15 months.
Privately held Skype has forged deals with consumer electronics makers LG Electronics and Panasonic in a bid to move its Internet video service beyond the desktop computer to the living room TV.
The American embassy in Yemen reopened on Tuesday after a raid near Sanaa that killed two al Qaeda militants addressed specific security concerns that had forced U.S. and European missions to close, the embassy said.
Now that the U.S. Senate and the House of Representatives have passed their versions of healthcare reform, the two chambers must work out their differences before legislation can be delivered to President Barack Obama for his signature.
A final push to deliver a sweeping U.S. healthcare overhaul to President Barack Obama begins this week as House of Representatives Democratic leaders prepare for difficult negotiations with the Senate.
Nestle ruled itself out of a bid war over Cadbury and Kraft sweetened its $16.4 billion offer with a bigger cash portion, raising expectations the U.S. food group will win its prize.
Stock index futures were flat on Tuesday as investors awaited key economic data for fresh signs of an economic recovery a day after the Dow and the S&P rallied to their highest closes in more than 15 months.
U.S. President Barack Obama on Tuesday plans to unveil reforms aimed at thwarting future attacks like the attempted Christmas Day airliner bombing, as he seeks to limit political fallout from the incident.
The government agency that supervises the communications industry should free up unused airwaves to make the high-speed Internet access market more competitive, the U.S. Justice Department said on Monday.
U.S. stock index futures were flat on Tuesday as investors awaited factory orders and pending home sales data for more signs about an economic recovery a day after the Dow and the S&P rallied to their highest closes in more than 15 months.
U.S. stock index futures were flat on Tuesday as investors awaited factory orders and pending home sales data for more signs about an economic recovery a day after the Dow and the S&P rallied to their highest closes in more than 15 months.
Nestle ruled itself out of a bid war over Cadbury and Kraft sweetened its $16.4 billion offer with a bigger cash portion, raising expectations the U.S. food group will win its prize.
The world's top mobile phone maker, Nokia, has launched another court case against Apple for alleged patent violations, in an increasingly fierce legal battle between two leaders of the smartphone market.
Toyota Motor Co and Honda Motor Co launched new compact cars to tap the fast-growing and price-sensitive India market as they and other automakers seek to put a dire 2009 behind them.
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.02 to 0.2 percent, pointing to a weaker start on Wall Street on Tuesday.
Optimism about the world economy buoyed global equities on Tuesday, particularly in emerging markets, but the dollar continued its weak start to 2010.
Toyota Motor Co , seeking to draw a line under a dire 2009, is ramping up in India with the launch of a new low-cost compact car to tap the fast-growing market.
Asia stocks rose to a 17-month high on Tuesday as growing confidence about the prospects for the global economy drew investors to riskier assets and away from the dollar, which extended its weak start to the year.
Looser foreign exchange policies in emerging Asia, particularly China, would benefit everyone but the desire for change may have diminished post-crisis, European Central Bank policymaker Lorenzo Bini Smaghi said on Tuesday.
