Result Page 4389 for United States news & latest pictures from ibtimes.com

Wall Street surges as optimism grows about the economy

Stock indexes rose on Friday to fresh 2009 highs, as better-than-expected U.S. existing home sales and positive economic surveys in Europe added to optimism the economy was on the mend.

Pace of U.S. existing home sales fastest in 2 years

Sales of previously owned U.S. homes notched their fastest pace in nearly two years in July, an industry survey showed on Friday, the strongest sign yet that housing was pulling out of a three-year slump.

AnnTaylor profit tops views, but outlook tempered

Women's clothing retailer AnnTaylor Stores Corp reported a higher-than-expected quarterly profit on Friday, helped by improved merchandise at its LOFT stores and cost cuts.

JM Smucker profit tops market, shares up

J.M. Smucker Co , known for its peanut-butter and jelly, posted a quarterly profit that easily topped market expectations, helped by strong results at its Folgers business, and expected its full-year profit at the higher end of its outlook, sending its shares up 3 percent.

More news

Average Buyers Can Afford Most Homes

A family earning the nation's median income of $64,000 a year could afford to buy 72.3 percent of all homes sold in the United States during the second quarter of 2009, according to the National Association of Home Builders and Wells Fargo.

Office Prices Rise for the First Time in Two Years

The sale prices of U.S. office properties rose 4.3 percent in the second quarter, the first increase since the second quarter of 2007, according to a report from ratings agency Moody's.

Euro zone economy returning to growth

The euro zone economy probably crawled back to growth this quarter after its worst recession on record as firms' outlook for the future brightened to the best in more than two years, key surveys showed on Friday.

Fighting kills 22 in Somali capital Mogadishu

Fighting erupted between Islamist rebels, government forces and African Union peacekeepers in Somalia's capital Mogadishu on Friday, killing at least 22 people, witnesses and medical staff said.

U.S. health officials back safety of Merck vaccine

U.S. health officials again backed on Thursday the safety of Merck & Co Inc's vaccine to prevent infection by a virus that causes most cases of cervical cancer.

Pakistan leader backs China over Xinjiang

Pakistani President Asif Ali Zardari backed China's policies in its tense Xinjiang region ahead of his latest visit to the giant neighbor he has wooed as a strategic and economic counterweight to the West, Chinese state media said.

Iran allows U.N. watchdog access to planned reactor

Iran has allowed U.N. nuclear inspectors access to a reactor under construction after blocking visits for a year, and has let them upgrade monitoring at another site ahead of a crucial report on its atomic program.

UK condemns celebrations for Lockerbie bomber

Britain on Friday condemned celebrations in Tripoli to mark the return of the Lockerbie bomber, and scrambled to deflect international fallout from the decision to free him on humanitarian grounds.

U.S. to college students: hole up if you get H1N1 flu

University and college students who come down with influenza this autumn should either go home to their parents or hunker down in dorm rooms to avoid spreading it, the U.S. government advised on Thursday.

WTO to adopt dumping report, retaliation on U.S. looms

The World Trade Organization is due on August 31 to adopt a ruling by its top court condemning U.S. anti-dumping measures, allowing Japan to seek retaliation against Washington, a WTO agenda showed on Friday.

Holiday unlikely to be restful for Obama

His healthcare reform plan is stumbling, the economy is still sputtering and violence is up in Iraq and Afghanistan. Who wouldn't want a break?

Oil hits 2009 high above $74, eyes Fed speech

Oil touched a high for this year above $74 a barrel on Friday ahead of further pointers on the economic health of the United States and as the dollar flagged against a stronger euro.

State, local government jobs up despite recession

While businesses across the United States slash jobs, state and local governments have actually increased employment slightly since the economic recession began in December 2007, according to a report released on Thursday.

Karzai, chief rival claim victory in Afghan vote

President Hamid Karzai's campaign and chief rival Abdullah Abdullah both said on Friday they had won Afghanistan's election, but Washington's chief envoy warned candidates not to declare victory prematurely.

Wall Street set to rise on euro data

Stock index futures pointed to a higher open on Friday, spurred by positive economic data from Europe, as investors awaited a U.S. report on existing home sales and a speech by Federal Reserve Chairman Ben Bernanke on the lessons from the financial crisis.

Stock futures up on European data

Stocks rose on Friday after positive economic data from Europe and ahead of a U.S. report on existing home sales and a speech by Federal Reserve Chairman Ben Bernanke on the lessons from the financial crisis.

Suntech trims shipment forecast, shares fall

Suntech Power Holdings Co Ltd posted a higher-than-expected second-quarter profit on Thursday but trimmed its full-year forecast for shipments and said prices on solar panels were still falling sharply, sending shares down 3 percent.

Hollywood playing catch-up with videogames

COLOGNE, Germany - Films and videogames would seem a match made in heaven, so why are games based on hit movies so bad? Despite sharing the same demographic of devoted fans, action, sci-fi and fantasy films rarely translate into branded videogame hits.

Stock futures rise ahead of Bernanke, housing data

Stock index futures rose on Friday as investors looked to a speech from Federal Reserve Chairman Ben Bernanke and new data on the sale of existing homes for a fresh insight into the economy.

Fed retreat draws elite, but glamour is on holiday

Central bankers around the world may be gathering to solve the world's problems at their annual mountain retreat hosted by the Federal Reserve Bank of Kansas City, but the only fur coat being sported in the lobby of the Jackson Lake Lodge is by a stuffed grizzly bear.

UNITED STATES

Pages