UNITED STATES

LinkedIn Corp, a website where professionals connect with one another, said its initial public offering will likely raise 30 percent more than previously expected, a sign that investors are eager to bet on social networking companies.

Higher costs for gasoline, food and clothing are crimping the fledgling economic recovery, especially for lower-income consumers, earnings reports from several retailers showed on Tuesday.

Home Depot Inc stood by its sales outlook and raised its profit forecast for the year despite a slow start to the spring selling season, making some investors choose the home improvement chain over rival Lowe's.

Here's one deal AOL won't do: go private.

JPMorgan Chase & Co Chief Executive Jamie Dimon said the U.S. economic recovery may be gathering steam.

U.S. stocks fell on Tuesday, with the Dow dropping more than 1 percent as a disappointing outlook from Hewlett-Packard Co and weak U.S. data added to growing doubts on the strength of the economy.

Oil prices slid more than 2 percent on Tuesday as the dollar strengthened and weak economic data fueled concerns about demand that have helped push prices down by around 15 percent so far in May.

New York Attorney General Eric Schneiderman is investigating big banks like Bank of America Corp , Morgan Stanley and Goldman Sachs related to packaging of toxic mortgage loans into securities, the Wall Street Journal reported, citing sources.

As if tensions weren't high enough between the United States and Pakistan, new internal Pentagon documents reviewed by the Wall Street Journal reveal that the U.S. has been denying 40 percent of Pakistan's expense claims.

Housing starts and building permits fell in April and factory output slumped as an automobile parts shortage crimped production, showing the economy got off to a weak start in the second quarter.

The United States launched a new initiative Monday designed to stamp the Internet with U.S. values such as freedom of expression, saying cyberspace must remain open, secure and reliable.

There are two carved-in-granite long-term economic trends; one of them being the decline of the dollar and the other one being war. I think those are locked in, and so I recommend people buy investments that do well during wartime or during periods of currency debasement, which we have.

The S&P 500 and Dow index futures rose slightly on Tuesday, but gains were capped after disappointing results from Hewlett-Packard.

Oil prices edged lower on Tuesday, pressured by a stronger dollar and concerns about global growth prospects after a slew of weak economic data, bringing losses to around 15 percent so far in May.

Housing starts and building permits fell in April and factory output slumped as automobile part shortage crimped production, showing the economy off to a weak start in the second quarter.

Social networking company LinkedIn Corp raised the expected price range of its initial public offering by 30 percent on Tuesday, a sign that investors remain eager to bet on social networking companies.

Home Depot Inc reported weaker-than-expected quarterly sales as inclement weather hurt demand for seasonal goods at the start of the spring selling season.

The Prime Minister of Pakistan has hailed China as his country’s “best friend” amidst deteriorating relations with the United States.

Twitter has spoken - Lady Gaga is a bigger star than Justin Bieber, with at least 10 million Twitter fans compared to Bieber who has only 9.6 million.

Former California Governor Arnold Schwarzenegger has admitted that he fathered a child 10 years ago with a member of his household staff.

U.S. stocks fell on Tuesday, with the S&P 500 and the Nasdaq falling below their 50-day moving average, as a negative outlook from Hewlett-Packard Co and weak U.S. economic data raised jitters about the state of the recovery.