UNITED STATES

U.S. consumer prices rose modestly last month, while new home building bounced back from an October slump, suggesting inflation is not yet a concern even as the economy's recovery moves forward.

Whether your ideal Christmas is about snow and magical lights or a beach and a seasonal cocktail, travel website travelandleisure.com has come up with a list of 10 of the best places to spend Christmas.

The House of Representatives on Wednesday narrowly voted to raise the nation's debt limit by $290 billion, enough to cover the government's financing needs for another two months.

Dell Inc said the acquisition of Perot Systems will help tap new growth markets as it makes a deeper push into technology services.

Stocks finished flat to slightly higher on Wednesday after the Federal Reserve reiterated its intention to keep interest rates low for the foreseeable future to ensure a sustainable economic recovery.

Similarities between the U.S. housing crisis and the more recent jump in housing prices in Canada have fueled concerns about an impending crisis in the Canadian market.

Online gaming software firm GigaMedia Ltd said it would sell 60 percent of its online gambling software business to France's Mangas Gaming, sending its shares up as much as 15 percent.

Mortgage delinquencies rose to a new record in November and could remain high in December as Americans set aside more money for holiday expenses, Equifax Inc data show.

While world leaders slug it out over a new U.N. climate deal in Copenhagen, companies involved in smart grid technologies are attracting attention for their potential to cut emissions and costs.

Los Angeles has scrapped its first foray into solar power generation, dropping its plans for a 55 megawatt project with First Solar Inc, despite the city's goals for more power from renewable resources.

Vice President Joe Biden on Wednesday proposed a $5 billion expansion of a clean energy tax credit as the White House unveiled the latest part of its push to tackle double-digit U.S. unemployment.

U.S. Senator John Kerry raised the possibility on Wednesday that a major energy and climate change bill he is trying to craft might not contain the cap and trade mechanism for reducing carbon dioxide emissions.

Courtney Love was prohibited from having any direct contact with her daughter Frances Bean, 17, TMZ.com reported Wednesday citing a restraining order issued by a judge.

Saks Inc is cutting 116 jobs in the cosmetics and fragrance departments of its flagship Fifth Avenue store in New York as it moves to get outside vendors such as Chanel, Lancome and Clinique to fully staff their Saks counters themselves.

The Federal Reserve on Wednesday seized on easing U.S. job losses to voice growing optimism on the economy's prospects, but repeated a vow to keep interest rates unusually low for an extended period.

U.S. stocks trimmed gains on Wednesday, with the Dow turning negative after the Federal Reserve reiterated its intention to keep interest rates low for the foreseeable future to ensure a sustainable economic recovery.

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The U.S. government accused Intel Corp of illegally using its market dominance to stifle competition, in a lawsuit that seeks to stop the marketing practices that have helped maintain Intel's status as the world's biggest chip maker.

The nephew of Walt Disney, Roy Disney, died Wednesday morning following a year-long battle against cancer, CNN reported citing a Walt Disney Co. spokesman.

The Federal Reserve on Wednesday voiced guarded optimism the battered U.S. job market was improving, but it repeated a vow to keep interest rates extraordinarily low for an extended period.

Prudential Financial Inc said on Wednesday it expects the sale of its minority stake in Wachovia Securities to produce a $1.5 billion after-tax gain.