Oil rose above $60 a barrel on Wednesday, supported by data showing a fall in U.S. crude oil inventories and after strong company earnings lifted expectations for economic recovery.
A Vietnamese security researcher said they discovered the IP address of the master server which was used in attacking the United States and Korean government agency.
US Airways Group on Tuesday said it would reduce airport staffing by 600 jobs this fall because of weak demand for business travel and declining revenue.
US TREASURIES reversed from the recent highs on Monday after equities posted a strong rebound from overnight lows after Goldman Sachs received a strong buy recommendation based upon expectation of the leading Wall Street firm posting better than expected earnings driven by record breaking revenues from its trading activities.
The U.S. federal government will spend $884 million to buy more ingredients to make an H1N1 swine flu vaccine, the Health and Human Services department said on Monday.
This year, Money magazine has given top position on its annual list of Best Places to Live to the city of Louisville in Colorado.
The U.S. Treasury said on Friday that State Street Corp. paid $60 million to buy back stock warrants, becoming the first of the largest U.S. banks to completely free itself from the government's financial bailout program.
China overtook the United States as the world's biggest auto market for the first half of 2009 after June sales soared 36.5% from a year earlier, according to official data released on Thursday.
The Obama administration on Wednesday said it strongly opposed legislation in the U.S. Congress that would restrict its ability to respond to future financial crises through the International Monetary Fund.
A dramatic rally in bonds of U.S. real estate investment trusts may not be sustainable as the sector faces a protracted slump in property values, low occupancy rates, and weakened credit markets.
The U.S. office market vacancy rate reached 15.9 percent in the second quarter, its highest in four years and rent fell by the largest amount in more than seven as demand from companies and other office renters remained weak, real estate research firm Reis said Inc.
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U.S. tax authorities have discovered far fewer than the 52,000 accounts with Swiss bank UBS AG suspected of being used by Americans to avoid taxes, the U.S. government said in a court filing on Monday.
Standard & Poor's on Monday boosted its expectations for losses on risky loans backing U.S. mortgage securities to as much as 40 percent, suggesting a darkened outlook for the troubled housing market.
Visiting President Barack Obama and Kremlin leader Dmitry Medvedev agreed a target for cuts in nuclear arms and a deal to let U.S. troops fly across Russia at the start of a trip intended to mend strained ties.
U.N. chief Ban Ki-moon rebuked Myanmar's generals on Saturday for denying him a visit to see detained opposition leader Aung San Suu Kyi and said she should be allowed to take part in politics before 2010 elections.
Myanmar junta supremo Than Shwe smiled briefly but gave nothing away as he listened Friday to U.N. chief Ban Ki-moon, at the start of what Ban has called a tough mission to promote democratic reform.
Major automakers are expected to report the highest sales rate of 2009 when they post results for June, as deep discounts limit industry-wide results to a 30-percent decline.
U.N. Secretary-General Ban Ki-moon will strongly urge Myanmar's ruling generals to release all political prisoners, including Aung San Suu Kyi, when he visits the country this week, he told reporters in Tokyo on Tuesday.
U.S. copper futures climbed to a two-week high early Monday, as investors over-looked an overnight confirmation that China has halted its red metal purchases and bid the market up in line with equities.
The number of U.S. rigs working rose for a second week as improved crude oil prices lured back drillers even as natural gas activity weakened, according to figures from Baker Hughes Inc
Israeli Prime Minister Benjamin Netanyahu said on Wednesday he hoped to reach an understanding with Washington over Jewish settlements in the West Bank, but an Israeli official predicted the dispute would be hard to resolve.