Prime Minister Silvio Berlusconi sought on Tuesday to calm fears that Italy could be swept into a full-scale financial crisis as the center-left opposition pledged to help parliamentary approval of debt-cutting measures.
U.S. law-enforcement agencies are increasingly obtaining warrants to search Facebook, often gaining detailed access to users' accounts without their knowledge.
Stocks were little changed in choppy trade on Tuesday as uncertainty surrounding the euro zone debt crisis kept investors away from beaten-down shares after days of selling.
When people worry about valuations, Eric Schmidt likes to remind them about Google Inc. The Internet search provider made its stock debut in 2004 at $85 a share, a price tag many at the time thought outlandish.
OPINION: As President Barack Obama and Congressional Democrats have to negotiate a debt deal and prevent the totally avoidable -- a U.S. default on its debt -- Tea Party Republicans appear only to be interested in one thing: getting their way, even if it hurts the nation.
Investors added U.S. Treasuries to their portfolios in the latest week after a surprisingly weak jobs report and jitters over the European debt crisis, a survey released on Tuesday showed.
The U.S. trade gap widened to near a three-year high in May on a jump in oil prices boosted imports to their second-highest level ever.
The U.S. trade gap widened much more than expected in May as a jump in oil prices helped push imports to the second highest level on record and exports fell slightly from April's record high, a U.S. government report showed on Tuesday.
The Dow and the S&P were slightly higher on Tuesday as two days of heavy selling provided buying opportunities, but continuing debt worries kept investors on edge.
Internet auction marketplace eBay may have to take more responsibility over what is sold via its website or it could be sued for trademark abuse, Europe's top court ruled on Tuesday.
Prime Minister Silvio Berlusconi tried on Tuesday to calm fears that Italy could be swept into a full-scale financial crisis and the opposition pledged to smooth the passage through parliament of tough debt-cutting measures.
The euro zone's debt crisis has taken a dangerous turn. Contagion is singeing the currency bloc's third biggest economy Italy, which would be too big to save with existing EU financial fire-fighting tools.
The U.S. trade gap widened sharply in May to its highest level in 31 months as surging oil prices helped push imports to a near record and exports fell slightly from April's record high.
There was little turnover in the U.S. labor market in May, and the number of available jobs at the end of the month was virtually unchanged from April, government data showed on Tuesday.
Beijing will continue to put taming inflation at the top of its agenda by keeping a prudent monetary policy stance, but it will try to avoid any big swings in economic growth caused by excessive tightening, Chinese Premier Wen Jiabao said in comments published on Tuesday.
The U.S. trade gap widened much more than expected in May as a jump in oil prices helped push imports to the second highest level on record and exports fell slightly from April's record high, a U.S. government report showed on Tuesday.
European Union finance ministers met on Tuesday to discuss the debt situation in Greece, as well as financial issues facing the wider EU.
Wall Street stocks fell on Tuesday, led lower by Nasdaq, as the euro zone's continuing debt crisis kept nervous investors on edge.
Amazon.com Inc has taken the first step toward asking California voters to repeal a new law requiring websites that forward shoppers to it to collect sales tax, a spokeswoman for the state's attorney general said on Monday.
NEW YORK - Small and medium-sized companies are increasingly glum about the chances of a pickup in growth in the U.S. economy over the next year, a survey published on Tuesday showed.
Confidence among U.S. business owners slipped last month amid expectations of weak sales and a deterioration in business conditions over the next six months, a survey showed on Tuesday.
Wall Street was headed for a third day of losses on Tuesday as the euro zone crisis rattled investors, although their fears seemed to dissipate through the morning as stock index futures came off their lows.
European banks were battered by mounting fears Greece is heading for a disorderly default and the debt crisis could spread to Italy, sending shares skidding more than 3 percent Tuesday to a two-year low.
Google+ has already reached 10 million users mark.
U.S. Secretary of State Hillary Clinton said the U.S. is looking for action, not words from Syria regarding its domestic reform process, and warned that further delays by the Assad regime will only intensify the resistance movement, which seeks a democratic government.
Wall Street was headed for a third day of losses on Tuesday as fears of a systemic crisis in the euro zone grew, sending index futures sharply lower.
Stock index futures pointed to a sharp fall in share prices on Tuesday after equities on Wall Street recorded their biggest fall in about a month in the previous session as concerns grew that the euro zone debt crisis could engulf other countries.
Sprint Nextel has received subpoenas from nine states in connection with antitrust reviews of AT&T's proposed $39 billion purchase of T-Mobile USA, according to a Sprint letter posted on the Federal Communications Commission website.
To date, China has been wary of leaning heavily on interest rate rises to combat inflation. But to tackle what Beijing just called its most prominent economic problem, that's likely to change.
China's bank lending and money growth expanded faster than expected in June as loan demand remained buoyant, adding to the case for further monetary policy tightening.