U.S. homebuilder sentiment was steady at lower levels in March as a harsh economic environment kept potential buyers on the sidelines, the National Association of Home Builders said on Monday.
Oil rose to more than $47 on Monday, reversing earlier losses, on the view that OPEC cuts had started to take effect and a rally in equity markets.
Goldman Sachs Group Inc and a parade of European banks were the major beneficiaries of $93 billion in payments from AIG -- more than half of the U.S. taxpayer money spent to rescue the massive insurer.
Pakistan's government agreed on Monday to reinstate Iftikhar Chaudhry as chief justice in a surprise move to defuse a crisis and end agitation by lawyers and activists that had threatened to turn into violent confrontation.
Bank stocks rose Monday on optimism that efforts to revive economies worldwide will bolster results.
U.S. industrial output fell to its lowest level in almost seven years in February and manufacturing in New York state slumped further this month, according to data on Monday that pointed to a worsening economy.
U.S. prosecutors want swindler Bernard Madoff and his wife Ruth to forfeit more than $100 million worth of homes, cars, boats, securities, silverware and a piano following his March 12 guilty plea, according to court papers.
A suicide bomber killed 11 people, including nine police officers, in southern Afghanistan on Monday, a day after one of the deadliest attacks against foreign troops in recent weeks, officials said.
Israeli Prime Minister-designate Benjamin Netanyahu's party secured its first coalition partner on Sunday, reaching an initial agreement with the ultra-right Yisrael Beiteinu party, an official said.
The Dow and S&P 500 stock indexes rose on Monday, extending their recovery from 12-year lows reached this month, as investors became more hopeful that some stabilization may be returning to the banking sector.
A federal court has dismissed a Broadcom Corp complaint against rival Qualcomm Inc, the latest move in their long-standing battle over mobile phone technology patents, Qualcomm said on Monday.
Shares of General Electric Co rose above $10 on Monday for the first time in almost a month after an analyst at UBS lifted a short-term sell rating from the stock.
What a difference a year -- and a recession -- makes for the food industry.
The Dow and S&P 500 stock indexes rose on Monday, extending their recovery from 12-year lows reached this month, as investors became more hopeful that some stabilization may be returning to the banking sector.
Oil fell to around $44 a barrel Monday after OPEC decided to leave existing output targets unchanged.
Stocks on Monday were set to extend their recovery from 12-year lows reached earlier this month after Britain's Barclays became the latest bank to buoy hopes that some stabilization may be returning in banking.
The U.S. Internal Revenue Service has asked a judge to let it to continue to seek unpaid back taxes from Allen Stanford, the billionaire Texan accused of an $8 billion fraud by U.S. regulators, court documents show.
World stocks climbed again on Monday for their fifth session gain in a row, lifted by hopes that the U.S. economic downturn may be bottoming out and with investors seeking to take advantage of cheaper equities.
Stock futures rose on Monday, putting Wall Street on course to extend its recovery from 12-year lows reached earlier this month, after Britain's Barclays became the latest bank to buoy hopes that some stabilization may be returning in banking.
World stocks climbed again on Monday for their fifth session gain in a row, lifted by hopes that the U.S. economic downturn may be bottoming out and with investors seeking to take advantage of cheaper equities.
Switzerland's UBS, the world's largest wealth management company in terms of assets, proposed three new candidates to its board of directors on Monday.
A $1 billion proposal to build the first massive U.S. offshore wind-power farm has moved a step closer to overcoming permit requirements in Massachusetts, where it faces opposition from some influential residents.