UNITED STATES

Instant view: CPI rises; housing starts up 15 percent

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Consumer prices outside food and energy rose less than expected in September to post their smallest gain in six months, a government report showed on Wednesday, suggesting inflation pressures remained contained.
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Jorge Goncalvez in action during qualifying for the 2011 Kentucky 100

Could IRL Learn from Dan Wheldon's Death and Return of Formula 1 to U.S.?

Formula 1 is all set to make a competitive return to the United States of America. The re-introduction of Formula 1 – administered by the Federation Internationale de l'Automobile (FIA) and enormously popular across Europe and Asia – will certainly throw up comparisons between IndyCars and F1, if only because the latter is, in terms of racing designs and category of race car, the closest thing to an IndyCar.
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Nasdaq lower after Apple profit miss

The Nasdaq fell on Wednesday after technology heavyweight Apple missed earnings expectations, while the other big indexes were little changed after a run-up in the last session on a report Europe would beef up its crisis fund.
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Consumer inflation subdued, home building rises

Consumer prices outside food and energy rose at their slowest pace in six months in September as the cost of apparel and used vehicles fell, suggesting inflation pressures remained contained.
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Mortgage applications slumped last week: MBA

Applications for U.S. home mortgages tumbled nearly 15 percent last week as demand for both refinancing and purchases evaporated, while interest rates climbed, an industry group said on Wednesday.
Actor Ashton Kutcher speaks during "A Decade of Difference: A Concert Celebrating 10 Years of the William J. Clinton Foundation" at the Hollywood Bowl in Hollywood, California

Ashton Kutcher Fathered January Jones' Baby?

Amidst rumors flooding the Internet regarding Ashton-Kutcher and Demi Moore break-up, there are new reports emerging with a shocking possibility that Ashton Kutcher could be the mystery man who has fathered January Jones' baby.
2012 Election

Herman Cain's 9-9-9 Plan Attacked by Obama, GOP Candidates

Republican presidential frontrunner Herman Cain's 9-9-9 tax plan was attacked from all sides on Tuesday, with his fellow candidates panning him during the GOP Debate in Las Vegas and President Barack Obama criticizing the plan on television.
Traders work on the floor of the New York Stock Exchange

Apple Earnings Miss Drags on Nasdaq Futures

Nasdaq index futures fell on Wednesday after technology heavyweight Apple missed earnings expectations, while the broader market was little changed after a big run-up in the last session on a report Europe may beef up its crisis fund.
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Swiss should limit tax deals to EU: Geneva banker

Switzerland should not agree to tax deals with countries beyond the European Union so as to ease economic integration with the bloc and avoid even bigger costs for Swiss banks, the deputy head of the Geneva Financial Center said on Wednesday.
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Music streaming site Deezer to launch in 100 countries

French on-line music streaming service Deezer will launch in more than 100 countries in the coming weeks, and the start-up is negotiating with roughly a dozen telecom operators on partnerships in a bid to expand its global reach.
Gold coins

Gold Steady as Investors Await Weekend Summit

Gold prices held steady on Wednesday, shrugging off the downgrade of Spain's sovereign credit rating, as investors wait for clarity on Europe's plans to tackle the debt crisis at this weekend's European Union summit.
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Stocks and euro advance on EU rescue hopes

European stocks and the euro rose on Wednesday, on optimism policymakers will take major steps at a summit this weekend to solve the festering debt crisis and offsetting the impact from a cut to Spain's sovereign credit rating.

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