U.S. economic growth as measured by real gross domestic product will top 5 percent in 2010 and the unemployment rate fall below 9 percent, said longtime Wall Street strategist Byron Wien.
Technology leaders from Microsoft to Intel and Nokia will face new rivals; 3D-TV will be all the rage; and a flurry of glitzy wireless devices -- from e-readers to ever-smaller personal computers -- will make their debuts.
Stocks climbed broadly on Monday after a report showed the manufacturing sector expanded for a fifth straight month, lifting confidence in the global economy as investors eye fourth quarter earnings.
Chinese manufacturing grew at its fastest pace on record in December, data showed on Monday, while U.S. factories marked their best month in nearly four years, suggesting more improvement in the world economy.
Global factory business activity grew at its fastest pace in nearly four years in December as new orders growth accelerated at a rate not seen in more that five and a half years, a survey showed on Monday.
Stocks climbed broadly on Monday after a report showed the manufacturing sector expanded for a fifth straight month, lifting confidence in the global economy as investors eye fourth quarter earnings.
The U.S. manufacturing sector grew at its fastest pace in nearly four years in December, its fifth consecutive month of expansion, data showed on Monday, adding to hopes of economic improvement in 2010.
Secretary of State Hillary Clinton said instability in Yemen posed a global threat and pledged on Monday to plug any holes in U.S. security procedures after a Christmas Day airline bombing attempt.
The Australian Dollar opens higher on Tuesday at US91 cents as the greenback dropped across the board overnight.
H&R Block Inc will pay as much as $20.2 million to settle a New York lawsuit accusing it of fraudulently marketing retirement accounts that caused hundreds of thousands of mostly lower-income clients to lose money.
The United States said on Monday it had begun discussing with other countries fresh sanctions to try to pressure Iran's government and its Islamic Revolutionary Guard Corps to curb Tehran's nuclear programs.
A U.S. judge on Monday upheld the prison sentence of a key informant in the tax fraud case against Swiss bank UBS AG and ordered him to start serving his 40-month term as scheduled this Friday.
Bank of America Corp Chief Executive Brian Moynihan said the financial industry needs to embrace a looming regulatory overhaul instead of fighting it, but added that breaking up the biggest U.S. banks would be a mistake.
German industrial conglomerate Robert Bosch sees sales at its core car parts business rising by a tenth in 2010, on growth in emerging markets and as carmakers build up inventory, a senior official said on Monday.
General Motors expects to sell 100,000 vehicles in 2010 in India, up 43 percent from 70,000 sold in 2009, its India head said on Monday.
British Prime Minister Gordon Brown said on Sunday he believed a global agreement to combat climate change might still be possible despite the limited results of last month's Copenhagen meeting.
Oil rose more than 2 percent to touch two-month highs over $81 a barrel on Monday as cold weather battered the United States and other big consumer regions, driving up demand for heating fuel.
U.S. stocks climbed in a commodities-fueled rally on Monday after data showed the manufacturing sector expanded for a fifth straight month, lifting confidence in a global economic recovery.
Japan Airlines Corp could remain listed after filing for bankruptcy in a restructuring plan under consideration by a state-backed turnaround fund, a person with knowledge of the matter said.
U.S. stocks rallied in the first session of the New Year on Monday, after data showed the manufacturing sector grew for the fifth straight month and a brokerage upgrade of Intel helped lift semiconductor stocks.
Billionaire Carl Icahn and Beal Bank filed a competing reorganization plan for Trump Entertainment Resorts (TRMPQ.PK), which offers a $45 million loan to the bankrupt casino operator, court documents showed.
France's Total (TOTF.PA) signed a $2.25 billion tie-up with Chesapeake Energy (CHK.N). becoming the latest international oil major to take advantage of low gas prices to snap up shale gas assets.