US Stocks Mixed on Fed Outlook
US stocks were nearly flat on Monday after dropping earlier following comments by Eric Rosengren, the Federal Reserve Bank of Boston President, said the economy's expansion will slow down.
A cocky India enjoys global economic limelight
Record stock highs and economic growth. Takeovers of European firms. Even cricket world trophies. This year, perhaps more than ever, India has bulged with self-confidence -- some say dangerous cockiness -- that underscores how executives, politicians and the middle-classes feel the global economic juggernaut is unstoppable.
Paulson outlines mortgage-aid plan
State and local governments should be permitted to issue tax-exempt bonds that would fund programs to prevent foreclosures, Treasury Secretary Henry Paulson said on Monday. Under the plan, state and local governments could temporarily broaden their tax-free exempt bond programs to include mortgage refinancing, Paulson said.
Japan stocks ease as firmer yen weighs on exporters
Japan's Nikkei average took a breather on Monday after gaining more than 5 percent the previous week, as exporters such as Canon Inc slipped on a slightly stronger yen.
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Oil slides to 5-week low
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Yen rebounds broadly amid credit crunch worries
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Adidas up on talk of Nike, Asics interest: traders
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UnitedHealth backs forecast ahead of investor day
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CES 2021 Highlight: Robot Vacuum And Mop From Roborock Unveiled, 50Hz Scrubber For Tough Stains
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CES 2021 Highlight: HONOR Band 6 Global Version Launch, The Most Functional Affordable Fitness Tracker to Date
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MetLife sees higher 4th-quarter
MetLife Inc, the largest U.S. life insurer, said on Monday it expects operating profit to increase for the fourth quarter and full year, helped by unusually strong investment results.
Blog site that is popular in Russia is sold
LiveJournal, the personal Web publishing service that jump-started blogging in Russia, has been sold by its U.S. owner to a Russian business partner, which will operate it independently, the companies said on Sunday.
Profitable but pelted, Toyota shares due for rebound
Shares in Toyota Motor Corp have been battered this year, lagging both global auto peers and a weak Japanese stock market, but analysts are near unanimous that the world's most profitable carmaker is due for a bounce.
Nasdaq opens in Beijing, eyes more China listings
Nasdaq opened an office in Beijing on Monday, a move that will let it step up efforts to attract more Chinese firms to list on the exchange.
Chavez loses president-for-life vote
President Hugo Chavez crashed to an unprecedented vote defeat on Monday as Venezuelans rejected his bid to run for reelection indefinitely and accelerate his socialist revolution in the OPEC nation.
Subprime plan could lift stocks
Wall Street's rebound from its first full-fledged correction in more than four years could continue this week if investors believe a plan to keep millions of Americans from losing their homes can work.
Oil rebounds from worst week ever
Oil bounced back above $89 a barrel on Monday as traders bet last week's nearly $10 selloff was overdone, and might turn the tides against an expected increase in OPEC output when the cartel meets later this week.
Asian markets mostly higher as banks rise
Asian stock markets mostly rose on Monday as financial shares extended gains on hopes of further U.S. interest rate cuts, but some technology stocks eased after Dell Inc's disappointing outlook.
OPEC to weigh modest oil supply boost
OPEC will weigh a modest boost to oil supply at a meeting on Wednesday, but a $10 retreat last week in crude prices from a record high near $100 a barrel could tip the balance away from pumping more.
Chavez leads tight vote, say officials
Venezuelan President Hugo Chavez appeared headed for a narrow win on Sunday in a referendum on scrapping term limits on his rule, government officials said, but opposition leaders said the vote was too close to call.
Speculation Emerges that Apple May Join Google in Spectrum Bid
Google announced on Friday it will place a $4.6 billion bid for a portion of the 700MHz wireless spectrum up for grabs in a Federal Communications Commission auction to take place in January.
China denies U.S. Navy entry to Hong Kong
Washington said alleged that China turned down the request from U.S. Navy ship to visit Hong Kong on the last minute, blocking the Navy by the Kitty Hawk as well as accompanying U.S. ships away from Hong Kong territory during the Thanksgiving holiday.
U.S. Upgrade storm Karen as hurricane season ends
The season for the Atlantic hurricanes lasted six months, with four storms, surpassing the ten presumed by the forecasts, each one of them receiving its own name.
Hackers find way to steal Second Life currency
A pair of security researchers have found a way to hack the Second Life virtual world and take unsuspecting e-citizens virtual money, according to one reporter's weblog.
Dow, S&P 500 gain on housing plan as Nasdaq dips
The Dow and S&P 500 rose on Friday, capping a dismal November with a four-day rally, as financial stocks rallied on optimism over a proposed rescue for struggling homeowners and on heightened expectations for more interest-rate cuts.
Google CEO is Link in Apple Spectrum Bid Speculation
Google announced on Friday it will place a $4.6 billion bid for a portion of the 700MHz wireless spectrum up for grabs in a Federal Communications Commission auction to take place in January.
Evel Knievel, Daredevil Motorcyclist, Dies at 69
Evel Knievel, known for his famous motorcycle stunt jumps over buses and canyons in the 1970s, died on Friday. He was 69.
Stocks Rise; Banks up on Fed Comments, Dell Drags S&P
Dell, the world’s second-largest personal-computer maker, decreased $3.80 to $24.33, being viewed as the biggest drag on the S&P 500.
China Blocks More ships
China turned down another request for a U.S Navy ship to visit Hong Kong amid
AT&T CEO Spills Beans on Faster Apple iPhone
Apple will unveil a faster iPhone with 3G cell phone technology in 2008, AT&T's CEO said, a move that would give users a better browsing experience but would not be available in time for holiday shoppers.
Consumer spending flags, construction plummets
Consumer spending inched up by an unexpectedly small 0.2 percent last month and construction spending tumbled, according to reports on Friday that heightened concerns on the health of the economy.
Breaking: Hostages taken at Clinton campaign office
A man claiming to have a bomb walked into Hillary Rodham Clinton's storefront campaign office Friday and took at least two hostages, police and witnesses said.
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