IBT Staff Reporter

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First stages of U.S. rebound underway: Fed's Lockhart

Atlanta Federal Reserve Bank President Dennis Lockhart said on Thursday the U.S. economic recovery has started and made a plea for central bank independence to assure global markets the U.S. will pursue responsible monetary policies.

Market rises for 5th day on economic optimism

U.S. stocks rose for a fifth straight session on Thursday as a brighter outlook from consumer product company Procter & Gamble and a successful Treasury bond auction encouraged investors about an economic recovery.

US copper closes down in consolidation below $3/lb

U.S. copper futures closed down on Thursday, as prices extended a phase of consolidation below the $3.00 a lb level and fell under the weight of renewed concerns about near-term demand prospects, analysts said.

First stages of U.S. rebound underway: Fed's Lockhart:

Atlanta Federal Reserve Bank President Dennis Lockhart said on Thursday the U.S. recovery has started and he made a plea for central bank independence to assure global markets the U.S. will pursue responsible monetary policies.

When Will Global Oil Consumption Rebound?

With global oil consumption having decreased relative to year-earlier levels in every quarter since the middle of last year, we have now experienced four consecutive quarterly declines in world oil use, with another decline expected in the current quarter.

Mexico hijacker is singing, gunslinging evangelical

A man who hijacked a Mexican plane is a singing evangelical minister, marksman and martial arts whiz who friends nicknamed Crazy as he turned to religion to escape a life of drug addiction and petty thieving.

Fed's Lockhart: first stages of rebound underway

Atlanta Federal Reserve Bank President Dennis Lockhart said on Thursday the U.S. recovery has started and he made a plea for central bank independence to assure global markets the U.S. will pursue responsible monetary policies.

Key lawmaker seeks changes to broadband rules

A key U.S. lawmaker on Thursday expressed concern that much of the eastern part of the United States could be disqualified from broadband grants because of the way remote communities are considered.

How to Soothe Stress Naturally

We all face different challenges these days. Perhaps it's money troubles, an increase in drive time, or the burden of caring for a sick family member.

Cirque founder plans to put on show in space

The Canadian billionaire founder of Cirque du Soleil said on Thursday he would fly into space later this month to show a fairy tale dream can come true -- and would put on a show while there.

Beatles set to dominate UK charts once again

The Beatles look set to dominate Britain's pop charts once again this week with the Fab Four predicted to take five of the top 20 album places, the Official Charts Company said Thursday.

Corporate outlooks, bonds sale lift Wall Street

Stocks rose on Thursday as a brighter outlook from consumer product company Procter & Gamble and a successful Treasury debt auction put Wall Street on pace for a fifth straight session of gains.

Vitamin D--The Vitamin of Life

Vitamin D, known as the sunshine vitamin, is readily available, yet up to 40% of Americans over the age of 50, do not get enough of this essential vitamin.

Google to share scanned books with rivals

Google Inc, criticized for scanning books without copyright permission, has said it would open its digital library to rivals and bookstores, the search engine giant said on Thursday.

GM to sell Opel to Magna

U.S. carmaker General Motors has decided to sell Opel to a group led by Canadian car parts maker Magna, signaling an end to months of uncertainty for the European unit and its 50,000 workers.

Berlusconi says is best leader in Italy's history

Italy's Prime Minister Silvio Berlusconi hit back at his critics on Thursday, saying he is far and away the best leader in Italian history and has never considered resigning over scandals concerning his private life.

Police free 9 from fake Big Brother house

Nine women tricked into thinking they were reality TV show contestants and lured into an Istanbul villa were rescued by Turkish military police after two months confinement, a police spokesman said Thursday.

Ellen DeGeneres joins American Idol as 4th judge

Comedian Ellen DeGeneres, one of the top U.S. talk show hosts, was named on Wednesday as the new fourth judge on American Idol, replacing Paula Abdul, who quit the most-watched American television show last month.

Jackson concert line-up still unsure, brother says

Jermaine Jackson said on Thursday he hoped R&B star Mary J. Blige would perform at the concert he planned to stage later this month in memory of his brother Michael, but the line-up was still being checked.

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