UNITED STATES

Wall Street rallies on jobs data, retailers

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Wall Street jumped on Thursday after signs of life in the labor market and strong sales at some U.S. retailers lifted optimism in the economy ahead of Friday's key June jobs report.
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NYSE shareholders back D.Boerse deal

NYSE Euronext shareholders approved a $9.6 billion takeover of the American exchange operator by Germany's Deutsche Boerse AG on Thursday, moving the focus across the Atlantic where the deal faces its toughest battles.
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Obama, lawmakers aim for big things in debt talks

President Barack Obama and congressional leaders searched on Thursday for ways to break a deadlock over spending and taxes, and there were some glimmers of a potential compromise that would avoid a debt default.
U.S. President Barack Obama

Debt Talks: Obama Open to Social Security, Medicare Cuts

President Barack Obama has shifted his strategy in debt talks with Republicans, offering a substantially larger deficit reduction package that would include cuts to Medicare and Social Security in exchange for eliminating tax breaks.
The Dalai Lama

China Warns US Not to Meet With Dalai Lama

China has warned U.S. officials to avoid meeting with the Dalai Lama who is making his first trip to Washington D.C. since his “retirement” as the Tibetan leader-in-exile.
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NYSE shareholders embrace D. Boerse merger

The New York Stock Exchange, an icon of American capitalism, moved closer to ceding control to a German company on Thursday after investors threw their support behind a $9.4 billion takeover by Deutsche Boerse AG .
Motorola Droid 3

Motorola Droid 3 Debuts Today

The Motorola Droid 3 made its debut today on Verizon Wireless's website, and is now available for $199.99 with a two-year contract or $459.99 off contract.
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Private hiring picks up, jobless claims fall

U.S. private employers stepped up hiring in June and the number of Americans filing for jobless benefits fell last week, strengthening views the economy is positioned for a pick-up in the second half.
Greece Default: The Impact

Greece Default Would Push U.S. Mortgage Rates Higher

It's a small world, after all. For U.S. readers and investors, Greece may seem like some small, exotic European country, but that could not be further from the truth. From an interest rate standpoint, if Greece defaults on its debt, U.S. interest rates, including home mortgage rates, are likely to rise.
House Majority Leader Eric Cantor, R-Va.

Eric Cantor Speaks on Government Shutdown

With less than four weeks left to work at preventing a U.S. government shutdown House Majority Leader Eric Cantor said reforms to the system must be included in any deal between the White House and congressional Republicans to show the public that Washington can handle the county's finances, The Associated Press reported.

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