IBT Staff Reporter

76381-76410 (out of 154943)

Consumer spending rises 0.7 percent in Feb

U.S. consumer spending rose slightly more than expected in February for the eighth straight month of gains as households tapped their savings, government data showed on Monday, while inflation accelerated at its fastest pace since June 2009.

Oil down $1 on firmer dollar, Libyan rebel gains

Oil retreated on Monday, with both U.S. and Brent crude futures slipping over a dollar, after Libyan rebels regained control of key oil towns and the dollar firmed on hawkish comments from a U.S. central banker.

P&G, Unilever up China prices, fuel inflation fears

Consumer goods giants Procter & Gamble and Unilever will both raise detergent and soap prices in China by up to 15 percent next month, local media reported, underscoring the battle the government faces with inflation.

Stocks edge higher after spending data

US stocks opened higher in early trade on Monday, with the S&P 500 Index gaining 2.49 points, or 0.19 percent, to trade at 1,315.76. The Dow Jones Industrial Average is up 18.31 points, or 0.15 percent, to trade at 12,238.90. The Nasdaq Composite Index advanced 0.28 percent.

Indexes to open flat, with volatility a concern

U.S. stock index futures pointed to a flat open following three days of gains on Monday, though developments in Japan, Libya and the Middle East kept alive the potential for volatile trading.

New app lets parents read to children from afar

Parents whose hectic schedules mean they can't be at home when their children go to bed can now buy an app which enables them to read their youngsters a goodnight story or sing them a lullaby from afar.

Toyota, Portugal top European fuel-economy rankings

Portugal has become the first country to meet Europe Union fuel-efficiency goals for cars, and Japan's Toyota is the brand that is closest to meeting the same target across Europe, a report showed on Monday.

Pages