IBT Staff Reporter

McDonald's Corp reported a higher-than-expected 4.9 percent rise in April sales at established restaurants on strength in Europe and the United States, and its shares rose 3.4 percent.

U.S. gold futures dropped 1 percent on Monday as safe-haven buying decreased after a $1 trillion global emergency rescue package eased contagion fears.

Oil major BP Plc said the oil spill in the Gulf of Mexico had cost it $350 million so far, suggesting the final bill could be much higher than many analysts predicted and sending its shares to a six-month low.

Believe it or not, but your resume has probably been screened by a hiring manager at some point. One of the most common ways to screen a resume is through an applicant's address. Technically, hiring managers are not supposed to do this, but it happens more often than not.

Global financial markets surged on Monday after officials agreed to a $1 trillion emergency rescue package to avert a sovereign debt crisis in Europe from festering and engulfing the rest of the world.

U.S. lawmakers on Monday said the Securities and Exchange Commission likely has the authority to deal with reforms after last week's massive market selloff but questioned its expertise, as regulators still hunt for answers.

The son of billionaire investor Warren Buffett has an old-world spiritual message for today's money-rich parents: teach your children values and do not give them everything they want.

The S&P 500 jumped more than 4 percent on Monday, racking up its best opening on record, as an agreement on a $1 trillion emergency rescue package quelled fears that Greece's debt crisis would spread.

U.S. Transport Secretary Ray LaHood said he was encouraged by the steps Toyota Motor Corp has put in place to improve vehicle safety, but stressed he will be convinced only when its cars actually become safer.

Fannie Mae, the largest U.S. residential mortgage provider, on Monday reported a net loss of $13.1 billion in the first quarter and said it tapped the Treasury for additional aid of $15.3 billion.

Goldman Sachs Group Inc, facing fraud charges from U.S. securities regulators, on Monday warned that more litigation and investigations could be coming.

A $1 trillion global emergency package to stabilize the euro unleashed a spectacular rally in European stocks and bonds on Monday but analysts said EU leaders had only bought time to tackle deep-seated fiscal problems.

Financial markets climbed away from a potential abyss on Monday after the European Union and International Monetary Fund agreed a bumper rescue package to prevent a sovereign debt crisis spreading.

Till recently, Victoria was just another state in Australia. Geographically the smallest mainland state, Victoria is all set to witness the second gold rush in the coming days after the discovery of gold for the first time in 1851 at Ballarat and Warrandyte transformed it into a leading industrial and commercial centre.

Who says gold is the safe haven for investors now? It seems, if you take into consideration the present scenario in the global markets, gold is the most unsafe investment now. As is the tradition, gold thrives whenever there is a crisis or tragedy. This time around, it was Greece financial crisis, Spain and Portugal dilemma and the Iceland volcano mess and the gold ETFs fraud unraveled by the US commodity exchange regulator. Even as analysts made a big fuss about the gold's safe haven importance...

The Bank of England kept interest rates at 0.5 percent and made no change to its asset purchase target on Monday, keeping in place stimulus measures designed to nurse the economy back to health.

The huge slick from the Gulf of Mexico oil spill threatened Louisiana shores west of the Mississippi Delta on Monday as BP Plc said it was trying multiple options to control the leak, without being sure that they would work.

U.S. stock index futures pointed to a more than 4 percent gain at the open on Monday after a $1 trillion global emergency rescue package was launched, quelling contagion fears and sending European stocks surging.

U.S. stock index futures soared on Monday, and the S&P 500 could open 4 percent higher, after global leaders agreed to a $1 trillion emergency rescue package that sent the euro and European stocks surging.

Financial markets climbed away from a potential abyss on Monday after the European Union and International Monetary Fund agreed a bumper rescue package to prevent a sovereign debt crisis spreading.

The heads of leading U.S. stock market operators have been called to Washington for an emergency meeting on Monday, days after a spine-chilling plunge in stock prices continued to perplex U.S. regulators.

BP Plc said on Monday it had incurred $350 million in costs so far from the huge oil spill in the Gulf of Mexico as fears mounted of a prolonged and growing environmental and economic disaster.

The Bank of England kept interest rates at 0.5 percent and made no change to its asset purchase target on Monday, keeping in place stimulus measures designed to nurse the economy back to health. The decision was predicted by all 63 economists polled by Reuters, most of whom do not expect interest rates to rise until the fourth quarter of the year at the earliest.

European central banks began buying euro zone government bonds under a $1 trillion global emergency rescue package agreed on Monday, sending the euro and European stocks and bonds surging on relieved markets.

Financial markets stepped back from a potential abyss on Monday after the European Union and International Monetary Fund agreed a bumper rescue package to prevent a sovereign debt crisis spreading.

The U.S. Federal Reserve reopened currency swap facilities with other major central banks on Sunday to help ease market strains in Europe.

U.S. stock index futures pointed to a strong start for Wall Street on Monday, with shares set to rebound as confidence was boosted after global policymakers came up with an emergency rescue package worth around $1 trillion aimed at preventing Greece's debt crisis from spreading through the euro zone.

The euro rebounded from 14-month lows and Asian stocks jumped on Monday after the European Union and IMF carved out an emergency rescue package of up to 750 billion euros ($1 trillion) to keep Greece's debt crisis from spreading through the euro zone.

China returned to familiar territory by posting a trade surplus in April, but exports only narrowly topped imports, providing limited comfort for policymakers fearful of another round of global economic turmoil. China recorded a $1.7 billion trade surplus last month, defying expectations for a second straight deficit after March's $7.2 billion shortfall.