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US stocks waver in early trade

US stocks wavered between small gains and losses in early trade on Tuesday as investors watched with caution geopolitical developments in Japan and Libya.
A man pumps gas into his vehicle at a petrol station in New York

Oil Prices Cloud Economic Outlook: Fannie Mae

An unexpected jump in oil prices and the potential for further tightening of fiscal policy suggest less economic momentum than previously believed, according to the March 2011 Economic Outlook released today by Fannie Mae's (OTC Bulletin Board: FNMA) Economics & Mortgage Market Analysis Group.
U.S. Air Force Jet Crashes in Libya

U.S. Warplane Crashes in Libya [PHOTOS]

A U.S. Air Force Strike Eagle F-15E jet crashed near the eastern city of Benghazi in Libya late Monday as part of a mission to protect civilians from forces led by Col. Muammar Gaddafi, United States Africa Command said on Tuesday.
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U.S. firms frustrated by Chinese red tape

U.S. firms are increasingly vexed over growing Chinese red tape that prevents them from expanding quickly in China's vast market, a survey by the American Chamber of Commerce showed on Tuesday.
Traders work on the floor of the New York Stock Exchange

World Market Update 22/03/2011

U.S. stocks surged on Monday as sentiment was buoyed after Japan made progress in its battle to control radiation leaks at a crippled plant, and AT&T announced that it will buy T-Mobile USA from German company Deutsche Telekom to create the largest mobile provider in the United States.
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China dismisses Google accusations on Gmail

China's Foreign Ministry said on Tuesday that it did not accept accusations from Google Inc that the Chinese government was making it difficult for Gmail users to use the service in the country.
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U.S. firms say hamstrung by red tape in China

U.S. firms are increasingly vexed over growing Chinese red tape that prevents them from expanding quickly in China's vast market, a survey by the American Chamber of Commerce showed on Tuesday.
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Japan renews warning on yen, new offer to opposition

Japan tried to keep the yen in check on Tuesday as it grapples with the aftermath of a deadly earthquake and tsunami, warning markets that Tokyo was keeping a close watch on the currency and would act together with its G7 partners if needed.
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Verizon Wireless CEO says no interest in Sprint deal

The chief executive of Verizon Wireless said he has no interest in buying Sprint Nextel Corp even as the company stands to lose its top position in the U.S. wireless market because of a merger between AT&T Inc and T-Mobile USA.

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