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Traders work on the floor of the New York Stock Exchange

US stocks open lower despite jobs data

U.S. stocks fell modestly in early trade on Thursday despite better-than-expected weekly jobless claims data as mixed earnings and political crisis in Egypt weighed on the sentiment.
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US weekly mortgage demand rose sharply last week

The U.S. home loan demand rose sharply in the week ended Jan. 28, even as the mortgage rates continue to rise from their lowest levels, the Mortgage Bankers Association (MBA) said on Wednesday.
Traders work on the floor of the New York Stock Exchange

US futures point to mixed open

Futures on major U.S. indices point to a mixed opening on Wednesday, after Dow and S&P finished at two year highs in the previous session.
Facebook bans Breakup Notifier

Facebook for free in flights now

If “boarding the flight” happened to be a travelers’ last status update on Facebook before flying to any destination, now they get Facebook access even at hundreds and thousands of feet above in the air – for free.
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GM and Chrysler lead as US auto sales rise

General Motors Co and Chrysler posted U.S. sales gains of more than 20 percent for January as the two automakers that had faced collapse in 2009 shot past the industry's still-struggling leader, Toyota Motor Corp.
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Cleveland Fed: US jobless rate likely to stay high

U.S. unemployment will stay high for some time, in part because changes in the labor market have made it tougher for those out of work to find jobs, a Federal Reserve Bank of Cleveland economist said on Monday.
U.S. Vice President Joe Biden attends the daily press briefing at the White House in Washington, June 17, 2010.

US doesn't believe in democracy for Middle East : ex-CIA director

The U.S. doesn't uphold democracy in the Middle East, which is highly hypocritical given the country's explicit ideological alliance freedom, democracy, and the universal rights of people, said Robert Grenier, former director of CIA's Counter-Terrorism Center

US stocks extend gains after ISM data

US stocks extend gains in early trade on Tuesday after a report showed that manufacturing activity rose at a faster pace than expected in January.

US orders non-emergency staff to evacuate Egypt

As hundreds of thousands of anti-government protesters converge in central Cairo on the eighth day of unrest in Egypt, the U.S. government has instructed all of its non-emergency staff and their families to evacuate the country.
Brisk walking regularly not only burn off calories, but will also lessen the diabetes risk provided you walk more, say researchers.

Diabetes spreading fast in US, CDC says

The number of Americans with diabetes have increased to nearly 26 million as more people are developing the disease and many who have it are living longer, says the Centers for Disease Control and Prevention (CDC).

US Stocks Higher on Earnings, Consumer Spending

Dow Jones Index was up 21.99 points, or 0.19 percent, to 11,845.69 and the S&P 500 index rose 4.54 points, or 0.36 percent, to trade at 1,280.88. Meanwhile, Nasdaq gained 0.39 points, or 0.01 percent, to 2,687.28.

Personal income, spending rose in Dec.

Personal income and spending in the U.S. rose in December last year, indicating that the average consumer is growing more confident about the economic recovery and the financial situation.
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Huge gold position liquidated by Hedge fund -WSJ

Hedge fund SHK Asset Management liquidated a U.S. gold futures position this week valued at over $850 million, more than 10 percent of the main U.S. futures market, the Wall Street Journal reported on Friday.

US Trader nets $5 billion profit last year

Hedge-fund manager John Paulson made a profit of more than $5 billion personally last year which is likely the largest single-year gain in investing history, says a media report.

US gets mandated cap of 65,000 H1-B visa applications

US Customs and Immigration Services (USCIS) on Thursday said it has got Congressional-mandated cap of 65,000 H1-B visa applications, which is the most sought after by Indian professionals, for the current fiscal.
Former Liberian President Charles Taylor sits in the courtroom of the International Criminal Court (ICC)

Taylor lawyers to use US cables in court challenge

Defence lawyers for former Liberian President Charles Taylor, on trial for war crimes, won the right to use leaked U.S. cables as evidence to challenge the Sierra Leone war crimes court's independence and impartiality.

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