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Asian stocks rise, gold near high

Asian stocks turned positive on Monday, recovering a small portion of last week's steep losses, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's debt crisis.

Asian Stocks Rebound; Gold Hits $1,878

Asian stocks turned positive on Monday, recovering a small portion of last week's steep losses, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's debt crisis.
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Stock Market

U.S. Stock Market: Who Has the Upper Hand Now - Bulls or Bears?

To say it's been a discomforting summer for U.S. stock investors would be an understatement. The Dow has been on a wild ride, with large market drops followed by sudden reversals. Look for market choppiness to continue until investors determine whether the Fed's latest monetary policy decision will be enough to rev-up U.S. GDP growth.
Rick Perry

Rick Perry Perryisms: 10 Things RP Might Say If Elected President

Republican presidential candidate and Texas governor Rick Perry has shown a flair for putting his foot in his mouth -- or someone else's mouth. He suggested Fed Chairman Ben Bernanke is treasonous. He once suggested the BP oil spill might have been an act of God instead of corporate errors. Here's 10 things Perry might say if elected President.
Republican presidential candidate Texas Governor Rick Perry poses for a photograph with members of the local police department after a campaign stop at Harvey's Bakery and Coffee Shop in Dover, New Hampshire

Rick Perry Risks Scaring Wall Street Republicans

Presidential hopeful Rick Perry's brash appeal to the Republican Party's fiscally conservative base may fall flat with big donors who favor a more moderate candidate to challenge President Barack Obama in the 2012 election.
For Discussion: 2012 U.S. Presidential Election

Rick Perry Hits the Campaign Trail Stumbling

If Gov. Rick Perry, R-Texas and candidate for the 2012 Republican presidential nomination, is trying to show that he's qualified to lead an enlightened, diverse, complex society amid a period of economic, social, and technological change, he's doing an awful bad impression.
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Wholesale prices boosted by tobacco and trucks

U.S. wholesale prices outside of food and fuel rose at the fastest pace in six months in July as costs for tobacco and light trucks jumped, but weak consumer demand was seen keeping inflation in check at the factory gate.
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Fed hawks at odds on reasoning for dissents

Three U.S. Federal Reserve officials on Wednesday offered sharply differing reasons for opposing the Fed's move to freeze interest rates for two years, suggesting there is no unified revolt within Fed ranks over policy.
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Costly tobacco boosts wholesale prices

U.S. wholesale prices outside of food and fuel rose at the fastest pace in six months in July as costs for tobacco and light trucks jumped, but weak domestic demand was seen keeping inflation pressures in check.
Imperial Tobacco Lodges Legal Challenge Against Cigarette Plain Packaging

Pricey Tobacco Pushes Up Core Producer Inflation

Core producer prices rose at their fastest pace in six months in July on strong tobacco and light truck costs, though weak domestic demand was seen keeping inflation pressures under control.
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Plosser calls Fed's low rate pledge inappropriate

The Federal Reserve's recent promise to keep rates low for another two years was inappropriate policy at an inappropriate time, while its statement on the economy was excessively negative, a top Fed policymaker said on Wednesday.

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