U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
Iran said on Monday the United States was failing in Afghanistan and that a new approach was needed, four days after Washington said it would invite Tehran to an international conference to discuss its neighbor.
The European Union was set to back an International Monetary Fund call for $500 billion to fight the financial crisis on Monday as world stocks sank toward 14 year lows in a broad-based sell-off.
Warren Buffett said on Monday the U.S. economy had fallen off a cliff but would eventually recover, although a rebound could kindle inflation worse than that experienced in the late 1970s.
The European Union is set to back an International Monetary Fund call for $500 billion to fight the global financial crisis, a document showed on Monday as Japan posted its first current account deficit in 13 years.
European Union finance ministers are set to back a call from the International Monetary Fund to double its funds to $500 billion to fight the global financial crisis, a document showed on Monday.
On Sunday officials said that approximately 12,000 U.S soldiers are expected to leave Iraq by September.
President Barack Obama on Saturday said the latest unemployment figures showing more than 651,000 jobs in February and the 4.4 million jobs lost in the recession were more than just statistics.
More struggles lie ahead for the tattered U.S. travel industry as hotels, casinos, airlines and travel agencies fight the tide of economic recession and flagging travel demand.
The United States must make deeper cuts in greenhouse gas emissions than proposed by President Barack Obama if the world is to stand a chance of avoiding devastating climate change, an EU official said.
General Motors Corp said on Friday that it still prefers to restructure the business out of court rather than file for bankruptcy reorganization.
With about three months to go, U.S. regulators say some consumers are still unprepared for the television industry switch to digital broadcasting, which will affect Americans who do not receive their signals through cable or satellite.
Secretary of State Hillary Clinton told an audience on Friday never waste a good crisis, as she highlighted the opportunity of rebuilding economies in a greener, less energy intensive model.
U.S. President Barack Obama is repeating George W. Bush's worst market mistakes, Forbes Inc Chief Executive Steve Forbes wrote in the Wall Street Journal.
With about three months to go, U.S. regulators say some consumers are still unprepared for the television industry switch to digital broadcasting, which will affect Americans who do not receive their signals through cable or satellite.
Two top contenders for senior posts at the U.S. Treasury have withdrawn, people familiar with the moves said on Thursday, dealing a blow to Treasury Secretary Timothy Geithner's efforts to build his staff to fight the financial crisis.
With about three months to go, U.S. regulators say some consumers are still unprepared for the television industry switch to digital broadcasting, which will affect Americans who do not receive their signals through cable or satellite.
Any climate bill that passes the Senate is unlikely to adhere to an Obama administration plan that the government auction all of the permits to emit greenhouse gases because it would be too harsh on big industry, a key democratic lawmaker said on Thursday.
With about three months to go, U.S. regulators say some consumers are still unprepared for the television industry switch to digital broadcasting, which will affect Americans who do not receive their signals through cable or satellite.
About one in eight U.S. homeowners with mortgages, a record share, ended 2008 behind on their loan payments or in the foreclosure process as job losses intensified a housing crisis spawned by lax lending practices, the Mortgage Bankers Association said on Thursday.
General Motors Corp on Thursday said its auditors had raised substantial doubt about its ability to survive outside bankruptcy if it fails to stem its losses and stop burning cash.
Pakistani investigators were following important leads to identify who was behind the attack on the Sri Lankan cricket team in Lahore, Foreign Minister Shah Mehmood Qureshi said on Wednesday.
