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December trade gap widens

The U.S. trade deficit widened slightly more than expected in December, as stronger U.S. economic growth lifted imports to the highest level in three-and-a-half years.

U.S. jobless rate projected to fall sharply

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Economists in a survey see the unemployment rate falling much faster this year than previously expected, an improvement in the jobs market that could help President Obama's re-election chances.

FBI File Reveals Steve Jobs' True Colors

Apple TV in the works, Jobs cracked the code
Is Steve Jobs a visionary and a creative genius, who had created the Apple empire and had radically changed the way people use technology in their daily lives, or is he a deceptive person with questionable moral character, drug-taking problem, someone who had abandoned his illegitimate daughter, and had distorted reality? A 191-page FBI file about Jobs, which had been compiled in 1991, and released Thursday, gives you the answer.
Consumer confidence dropped in early March

Consumer Sentiment Weaker in February as U.S. Spenders Look for a Brighter Future

Consumers are feeling relatively upbeat about where the economy will be six months from now, but right now, after maxing out their credit card and perhaps purchasing a big-ticket item over the holidays, they're planning on sticking to a budget. Those are the main findings from a preliminary survey of February consumer confidence conducted by the University of Michigan and Thomson Reuters, which was released Friday morning.
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Sony's Hirai to Extend PlayStation Strategy

Incoming CEO Kazuo Hirai aims to re-shape Sony Corp by linking hardware and software through online networks -- a model he used at its PlayStation unit -- dismissing any suggestion the battered brand would revert to a gadget-centered strategy under his management.
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China economy shows strain as policy shift eyed

China betrayed signs of spluttering domestic demand on Friday as imports crumbling to their lowest in more than two years and weaker-than-forecast bank lending signaled to investors that policymakers would soon make a fresh bid to bolster growth.
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Exclusive: Brazil jets deal heats up as Boeing freezes bid

Boeing has frozen the price on its bid for a multi-billion-dollar Brazilian air force jet contract, sources close to the deal told Reuters, as the global race to sell military hardware to emerging economic powers becomes more competitive.
Detail seen at the NYSE Euronext cash markets operations room in Paris

NYSE Euronext Eyes New Sectors for Growth

NYSE Euronext signaled it would shift focus to faster-growing areas like supplying computer systems and information from trading, as the U.S. exchange looks to an independent future following the collapse of a takeover by Deutsche Boerse.
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China imports slump, raising demand concerns

China's imports in January fell the most since the depths of the global financial crisis, raising concerns that demand may be weaker than previously thought even allowing for Lunar New Year factory shutdowns.
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Technology services boost NYSE Euronext profit

NYSE Euronext posted quarterly operating profit at the top end of expectations with a 13 percent rise helped by strong information and technology services, an area the U.S. group is now looking to as a growth driver.
Gold pellets

Gold Prices Fall after Greek Deal Appears Dead

Gold prices fell back Friday, just hours after an apparent deal between debt-choked Greece and potential Eurozone lenders reinvigorated hopes the nation would not be forced to default on its loans.
Malaab

Military Buildup Brings Fear to Homs

Tanks amassed outside opposition neighborhoods in Homs on Friday as Alawite-led forces bombarded the Syrian city for the fifth day and residents expected a major push to subdue the centre of revolt against President Bashar al-Assad's rule.
Gas flares from an oil-production platform in Persian Gulf at the Soroush oil fields with an Iranian flag in the foreground, about 776 miles south of the country's capital of Tehran

Oil Prices Fall: How Critical are the Geopolitical Factors?

Oil fell from the highest level in three weeks ending a whole week of upward trend even as fears over a worsening eurozone debt crisis and its potentially disastrous impact on global commodity demand were contradicted by signs and figures of a quicker recovery from the U.S.
File photo of man walking past a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou

Eyeing Yahoo Deal, Alibaba May Take HK Unit Private

Chinese e-commerce group Alibaba plans to take private its Hong Kong-listed unit, two sources familiar with the matter said, as part of a complex deal that would strengthen founder Jack Ma's control and give key stakeholder Yahoo cash and a direct stake in one of Alibaba's operating businesses.
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Barclays warns may miss profit goal

British bank Barclays warned it may miss its medium-term profitability target after it ended 2011 with its worst quarter for three years as the euro zone debt crisis hit bond trading, dragging its annual profit down on the year before.
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Analysis: Beyond Chinese New Year data skew, a bear lurks

Trying to track China's economic course during the Lunar New Year can leave analysts howling at the moon. January auto sales tumbled, yet oil imports were the third highest on record. A measure of factory activity picked up, but trade data was weak.
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Casino moguls get extra time to play their best hands

Wynn Resorts Ltd, the $15 billion gaming empire of Las Vegas tycoon Steve Wynn, may be forced to give its biggest shareholder access to its financial papers, a U.S. judge has ruled, the latest turn in a case that has transfixed the casino world with implications for the company's control.
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California A-G Kamala Harris

California Attorney General Kamala Harris, a veteran prosecutor with acute political instincts and a reputation for thick skin, gambled big in the settlement negotiations with banks over illegal foreclosures.

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