UNITED STATES

Obama to Tout Housing Aid on Western Campaign Swing

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President Barack Obama will tout newly unveiled measures on Monday aimed at aiding struggling homeowners and easing the U.S. housing crisis on the first leg of a campaign-style swing through western states crucial to his re-election in 2012.
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Global Warming

Global Warming is Real: Study

Many are still skeptics to the global warming phenomenon, but a new Berkeley study appears to confirm the existence of the climate change.
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Fed's Dudley: Europe among economy's big headwinds

New York Federal Reserve President William Dudley said on Monday the U.S. economy still faces serious headwinds, including spillover effects from Europe, adding the central bank will continue to do everything within its power to help.
President Barack Obama

Obama to Unveil Housing Plan on Campaign Swing

President Barack Obama will unveil new measures to help struggling homeowners on Monday in the first leg of a campaign-style swing through western states that may be crucial to his re-election in 2012.
Federal Reserve Bank of New York CEO William Dudley believes QE3 remains a viable option to "provide greater stimulus" to the economy

Fed's Dudley: Europe Among Economy's Big Headwinds

New York Federal Reserve President William Dudley said on Monday the U.S. economy still faces serious headwinds, including spillover effects from Europe, adding the central bank will continue to do everything within its power to help.
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Japan sounds intervention alarm on strong yen

Japan's finance minister put traders on alert for possible currency intervention on Monday as the yen's rise to a record high against the dollar threatened to further squeeze exporters' profits and hold back economic recovery.
Samsung Galaxy S II

Motorola Droid Razr Vs. Galaxy S2: Who Wins the Race?

The Motorola Droid Razr and the Samsung Galaxy S II are fighting out with each other. The Razr, declared the thinnest smartphone by Motorola Mobility, was unveiled a few days back. In a very short period of time, the phone (boasting a marvelous design and smart specs) is neck-and-neck with the Galaxy S2, which hit the markets in April earlier this year. The Samsung device has been ruling the markets since its launch.
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Stock futures down on euro zone worries

Stock index futures edged lower on Monday after the S&P 500 posted its third straight week of gains as investors had doubts European policymakers would come up with an agreement to fix the region's debt crisis.
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Exclusive: Saudi Arabia won't tap reserves, mulls project bonds

Saudi Arabia will not need to tap into its reserves this year to finance additional budget spending but it is considering whether to issue Islamic or conventional bonds to help fund specific projects, the country's Finance Minister Ibrahim Alassaf told Reuters.
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KKR bets on China slowdown, expands debt unit to HK: report

Kohlberg Kravis Roberts is placing an early bet on a slowdown in the Chinese economy and plans to expand into Hong Kong in the next six to nine months with its $2 billion special situations unit, the Financial Times reported on Friday.
Netflix

Netflix to Hit UK, Ireland in 2012

After a slew of rumors circulated in the web for some time, since 2010, Netfix has officially announced its expansion to the UK and Ireland early 2012.

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