Japan's opposition Democratic Party lashed out Friday at what it charged was a misleading negative campaign by the ruling party ahead of an election that Prime Minister Taro Aso's coalition is in danger of losing.
President Barack Obama is set to announce on Friday a competition for $4 billion in federal grants to improve academic achievement in U.S. schools, the Washington Post reported on Thursday.
The U.S. Senate's failure to hold to its early August deadline to pass a major healthcare bill could complicate another of President Barack Obama's top policy priorities: the fight against climate change.
President Barack Obama, normally a surefooted salesman, is struggling to convince Americans that the $1 trillion U.S. healthcare system overhaul he is pushing would be good for them.
Shrugging off delays in a divided Congress, President Barack Obama's administration on Friday said a sweeping healthcare overhaul would still be approved by year end to control costs and expand coverage.
Freddie Mac (FRE.P)(FRE.N), the second-largest U.S. home funding company, said on Friday its mortgage investment portfolio grew by an annualized 9.3 percent rate in June, while delinquencies on loans it guarantees accelerated.
Consumer sentiment slips less than expected; Stocks watch
Global equity markets will consolidate gains this summer with chartists predicting that a sharp rise since March has run its course for now, but technical signals have set the stage for another rally into year-end.
U.S. Treasury Secretary Timothy Geithner said on Friday he was willing to work with lawmakers on shaping an overhaul of financial regulations but insisted major changes are necessary.
U.S. Treasury Secretary Timothy Geithner said on Friday he was willing to work with lawmakers on shaping an overhaul of financial regulations but insisted major changes are necessary.
Billionaire Bill Gates on Friday urged India to move away from low-cost labor toward high-end research and development to keep its giant IT sector competitive.
De Beers, the world's top diamond producer, said demand should pick up in the second half meaning it will not need more shareholder loans, when reporting tough markets had all but wiped out first-half profit.
Billionaire Bill Gates on Friday urged India to move away from low-cost labor toward high-end research and development to keep its giant IT sector competitive.
For the past six months or so, Wall Street has been bracing for what many fear may be the next shoe to drop on the already battered U.S. economy: a U.S. commercial real estate bust that could rival the housing market collapse.
Vodafone , the world's largest mobile phone firm by revenues, reported a slight decline in quarterly organic sales in line with muted expectations and reiterated its full-year outlook, lifting its shares on Friday.
World stocks pushed up to 9-month highs on Friday, cutting demand for government bonds as euro zone manufacturing and services reports beat expectations, fuelling optimism about economic recovery.
Vodafone , the world's largest mobile phone firm by revenues, reported a slight decline in organic sales, in line with muted market expectations, as strength in India and Africa compensated for European weakness.
China's Beijing Auto said intellectual property issues were behind its failure to reach an deal with General Motors over its Opel unit.
U.S. criminal authorities are probing whether Corey Ribotsky, Managing Member of NIR Group, a Roslyn, New York hedge-fund, defrauded investors about their returns and the holdings of his various funds, the Wall Street Journal reported, citing people familiar with the matter.
Asian stocks hit a 10-month peak on Friday, with Hong Kong vaulting back to levels last seen before the collapse of Lehman Brothers as investors rushed into equities following upbeat corporate earnings around the world.
U.S. Secretary of State Hillary Clinton said the country would upgrade the defense of its allies in the Perisan Gulf if Iran develops a nuclear bomb, during a visit to Thailand for an Asian security conference on Wednesday.
CIT Group Inc , which is looking at selling off some assets, is most likely to sell its aviation-finance and rail-finance operations, the Wall Street Journal said, citing sources familiar with the matter.
