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New home sales up, market still seen weak

Sales of new U.S. homes rose in March and the number of properties on the market was its lowest since the 1960s, but further gains will be hampered by stiff competition from a glut of previously owned houses.

US may impose sanctions on Syria

The United States said it may impose sanctions against Syria in response to the brutal crackdown against protesters by the government of President Bashar al-Assad.

Nissan recalls 196,000 SUVs on corrosion risk

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Nissan Motor Co Ltd <7201.T> recalled nearly 196,000 older-model Pathfinder and Infiniti QX4 SUVs due to the chance that road salt and water could collect to cause a loss of steering, U.S. safety regulators said.
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RadioShack profit hurt by T-Mobile

RadioShack Corp's quarterly earnings fell on weakness in its T-Mobile business and higher costs, prompting the U.S. consumer electronics chain to cut the top end of its full-year profit outlook.
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Beyond Deficits: Energy Rhetoric Flares Up

President Barack Obama and Senate Minority Leader Mitch McConnell - taking a break from discussing the nation's long term deficits - issued dueling statements on U.S. energy policy over the past several days, referring to changes in rules that could affect oil production, tax subsidies and research into alternative energy.
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Wall Street set to open near 3-year highs on profits

Wall Street stocks looked set to open near three-year highs on Monday after strong earnings, although traders eyed rising oil prices in what was likely to be a slow session, with major European markets closed.
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Stock futures lifted on wave of good earnings

Upward momentum from a raft of recent strong earnings reports helped lift U.S. stock index futures on Monday, although traders eyed rising oil prices as a potential negative for the market.
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Stock futures tick higher on earnings momentum

Upward momentum from a raft of recent strong earnings reports helped lift U.S. stocks futures on Monday, although traders eyed rising oil prices as a potential negative for the market.
Traders work on the floor of the New York Stock Exchange

World Market Overview 04/25/2011

U.S. stocks ended higher on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
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Aussie dollar hits 29-year peak; Seoul shares shine

The Australian dollar hit a fresh 29-year high and South Korea's benchmark share index touched another record intraday high on Monday, suggesting investors were still eager to embrace risk and higher-yielding assets.
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Boeing plant lapse eyed in jet tear probe: report

U.S. investigators suspect a manufacturing lapse at a Boeing Co plant 15 years ago could be to blame for a midair tear in a Southwest Airlines Co aircraft earlier this month, the Wall Street Journal reported on its website on Sunday.
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NYSE sees higher savings in Deutsche Boerse deal

NYSE Euronext sees cost savings in its $9.8 billion deal with Deutsche Boerse at closer to 400 million euros ($583 million), up by about a third from its initial estimate, according to a Big Board spokesman on Sunday.
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Gold, Oil, Dollar, CPI: What Factors Drive Them?

Since the height of the financial crisis, gold prices have soared, oil has surged, the US dollar has somewhat declined against other currencies, and US consumer price inflation has only inched up slightly.
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A fragile global recovery?

Data on how the U.S. and British economies fared in the first three months of the year due next week will likely highlight the tenuous nature of the recovery from recession in developed countries.
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Russia Kaspersky Lab says founder's son freed

Russian law enforcement agencies freed the 20-year old son of Kasperky Lab's founder Eugene Kaspersky following a kidnapping last week, the leading anti-virus software firm said in a statement on Sunday.
Gold bars and US Dollar bills

Is gold rising because America is broke?

Gold prices shot up to a new record of $1,512.50 an ounce in New York late on Friday, posting a record weekly gain and maintaining a six-week winning streak. What the gold rally means to the dollar and the American people is obvious from the rush pawn shops see across the United States.

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