UNITED STATES

The U.S. Federal Reserve must pre-emptively state it will not buy more Treasury bills in order to implement a cohesive exit strategy from the massive monetary bailouts it has provided, economic consultants Ian Bremmer and Nouriel Roubini wrote in an opinion column on the Wall Street Journal's website.

Australia's central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday and heralded more to come, saying it was safe to row-back on stimulus now that the worst danger for the economy had passed.

Australia's central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday and heralded more to come, saying it was safe to row-back on stimulus now that the worst danger for the economy had passed.

South Korean and Indian shares fell on Tuesday after Australia's interest rate hike showed that stronger Asian economies were starting to reverse emergency stimulus policies, hitting markets seen as likely to lift rates.

U.S. Treasury Secretary Timothy Geithner on Tuesday called on the International Monetary Fund to provide rigorous surveillance to spot new investment bubbles and keep country foreign exchange policies in line with goals to rebalance the global economy.

The dollar skidded against the euro and the yen on Tuesday after a British newspaper reported that Arab states were in talks to end using the dollar for oil trading, but Asian shares rose as U.S. services sector data lifted investors' mood.

Although new research links mercury in seafood with high blood pressure, this isn't reason enough for most people to stop eating fish, the study leader says.

Britain's The Independent newspaper said on Tuesday that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the U.S. dollar with a basket of currencies in the trading of oil.

The Walt Disney Co and Universal studios unveiled changes at the top on Monday, as Hollywood's worst-performing major houses try to turn things around in a potentially record year at the box office.

Britain's The Independent newspaper on Tuesday reported that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the U.S. dollar with a basket of currencies in the trading of oil.

Google Inc is partnering with privately held Energy Inc to provide households with free energy management software, bypassing utilities' smart meters and potentially boosting energy efficiency, the company said on its blog on Monday.

In one of the quirkiest book cults America has never heard of, a round-snouted troll is hauling consumers' wallets from their pockets despite the worst recession in decades.

A tepid economic recovery should allow the U.S. Federal Reserve to keep interest rates at rock-bottom lows for a prolonged period, New York Federal Reserve President William Dudley said on Monday.

President Barack Obama was pressured to postpone a meeting with Tibetan spiritual leader Dalai Lama until after his summit with Chinese leader Hu Jintao next month, the Washington Post reported on Monday.

Corrects word in fifth paragraph to lawful, not unlawful, as previously sent

Nearly 12 percent of U.S. computer-owning households now own a Mac, according to an NPD Group released Monday.

A tepid economic recovery should allow the U.S. Federal Reserve to keep interest rates at rock-bottom lows for a prolonged period, New York Federal Reserve President William Dudley said on Monday.

Brazil's stocks rallied on Monday, extending the previous trading session's gains when Rio de Janeiro won the bid to host the 2016 Olympics.

Conde Nast will close four magazines -- Modern Bride, Elegant Bride, Gourmet, and Cookie -- following a review the publisher undertook to find ways to reduce costs and staff in the face of a slump in advertising.

Oil prices rose on Monday as data showing the U.S. services sector expanded raised hopes of an economic recovery and lifted markets.

Firms ranging from airlines to agribusiness would be exempt from new rules on compulsory clearing of derivatives transactions under a bill in Congress aimed at tightening oversight of the financial system.