G20 Leaders in Pittsburgh to Help Boost Global Economy
International leaders representing the Group of 20, which includes leading industrial nations and the European Union are gathering at Pittsburgh in the north eastern U.S. for the next two days to focus on the task of ensuring that the world emerges from the economic crisis as soon as sustainably possible. Read Full Article here.
Fall in home sales, jobless claims send mixed signals for economy
Existing home sales in the U.S fell in August and jobless claims around the nation fell last week, sending mixed signals at the early stages of the nation's economic recovery. Read Full Article here.
Some U.S. bailout funds won't be recovered: watchdog
U.S. taxpayers will probably never recover all of the hundreds of billions of dollars invested to bail out financial firms, automakers and homeowners, a key watchdog for the program said on Thursday. Read Full Article here.
U.S. Treasury says financial system still fragile
The U.S. financial system remains fragile a year after a bank bailout program was initiated and the government needs to be ready to step in to help more if necessary, a senior U.S. Treasury department official said on Thursday. Read Full Article here.
AIDS vaccine important step against disease
An experimental AIDS vaccine made from two older versions has made major progress in finding an effective way to combat the illness, researchers said on Thursday. Read Full Article here.
Nintendo to cut Wii price by 20 percent
ntendo Co Ltd will cut the price of its popular Wii video game console by 20 percent, responding to similar cuts by rivals Sony Corp and Microsoft Corp aimed at kick-starting demand. Read Full Article here.
Silicon Valley eyes long-awaited IPO resurgence
U.S. venture capitalists have had to contend with an IPO market that has been inhospitable -- but finally there are reasons to be optimistic a recovery could be around the corner. Read Full Article here.
Sony PS3 sales jump on price cut, exec says
Sales of the PlayStation 3 video game console jumped in the weeks after a $100 price cut last month, and strong demand could lead to empty shelves at retail, a Sony Corp executive said on Wednesday. Read Full Article here.