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Stock futures point to Wall Street extending decline

Stock index futures pointed to a lower open for Wall Street on Tuesday, extending a sharp decline in the previous session, on worries about the strength of the global economic recovery.

Netanyahu heads to U.S. for peace summit

Israeli Prime Minister Benjamin Netanyahu flew to Washington on Tuesday for peace talks with the Palestinians, leaving up in the air the question of future Jewish settlement construction once a partial freeze ends.

Japan factory output levels off on export slowdown

Japanese factory output edged up in July but manufacturing activity in August expanded at its slowest pace in more than a year, suggesting that companies were starting to feel the pinch from an export slowdown and a strong yen.

Asia stocks slide

Japan led Asian stocks lower on Tuesday as worries about the flagging U.S. economy triggered profit taking across the region and fed a five-month rally in U.S. and Japanese government bonds.

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Gold mixed ahead of key US data

Gold prices mixed along with dollar in Asian trade Tuesday ahead of couple of key US reports while global stock markets declined. Gold for immediate delivery was seen trading at $ 1236.75 an ounce at 12.00 noon Singapore time while U.S. gold futures for December delivery was at $1,238.60 an ounce on the comex division of Nymex.

CFTC issues final forex exchange market rule

The U.S. futures regulator issued a final rule late Monday for the retail foreign exchange market, which included relaxing an earlier proposal that would slash leverage available to investors participating in these transactions.

Taiwan regulator rejects AIG unit sale

Taiwan regulators rejected AIG's planned $2.2 billion sale of its Taiwan unit to a China-related group, citing regulations on mainland investment, and leaving the insurer facing another auction.

Asia stocks slide, sputtering U.S. economy in focus

Japan led Asian stocks lower on Tuesday as worries about the flagging U.S. economy triggered profit taking across the region and fed a five-month rally in U.S. and Japanese government bonds.

Nikkei drops 3 percent as yen worry hits investor confidence

Tokyo stocks fell 3 percent on Tuesday, their worst daily drop in three months, after the Bank of Japan's emergency moves the day before failed to curb the yen's strength and disheartened investors bailed out of the market.

U.S. ends combat in Iraq but instability lingers

The U.S. military formally ends combat operations in Iraq on Tuesday as President Barack Obama seeks to fulfil a promise to end the war despite persistent instability and attacks that kill dozens at a time.

U.S. consumer spending gain strongest in 4 months

U.S. consumer spending rose in July at the strongest pace in four months, supported by a small gain in incomes that offered hope that consumers will be able to keep contributing to a modest economic recovery.

Genzyme rejects Sanofi offer as long battle looms

U.S. biotech company Genzyme Inc rejected an $18.5 billion (11.9 billion pound) buyout offer from French drugmaker Sanofi-Aventis SA on Monday, setting the stage for a protracted and potentially hostile takeover battle.

Microsoft Excel Graph Showing U.S. Tax Receipts

Correlation among income tax rate, tax receipts, and GDP

An analysis of the relationship among U.S. personal income tax rate, tax receipts, and the GDP reveals a high correlation between GDP and tax receipts. However, others correlations are noticeably weaker.

Fidel Castro says was at death's door, now better

Former Cuban leader Fidel Castro told an interviewer there were times during his long illness when he was at death's door but now he is mostly recovered and trying to avert nuclear war.

Burkle says no plans to control Barnes & Noble

Billionaire investor Ron Burkle's investment firm said it has no intention of taking control of Barnes & Noble as it fired a new shot in its proxy battle against the top U.S. bookstore chain.

Is genetically altered fish OK? U.S. to decide

U.S. health officials are set to rule on whether a faster-growing, genetically engineered fish is safe to eat in a decision that could deliver the first altered animal food to consumers' dinner plates.

Blacks more prone to blood clots after stents

Blacks treated with a drug-coated stent to open clogged heart arteries are nearly three times more likely to develop a life-threatening blood clot than whites, U.S. researchers said on Monday.

Weather delays retrieval of BP blowout preventer

BP Plc delayed retrieval of the failed blowout preventer atop its ruptured Gulf of Mexico oil well this week because of bad weather, the top U.S. official overseeing the oil spill said on Monday.

U.S. July consumer spending gain strongest in 4 months

U.S. consumer spending rose at the strongest pace in four months in July, supported by a small gain in incomes that offered hope consumers will be able to keep contributing to a modest economic recovery.

Long battle looms as Genzyme rejects Sanofi offer

U.S. biotech group Genzyme rejected an $18.5 billion (11.9 billion pound) takeover proposal by French drugmaker Sanofi-Aventis on Monday, setting up what could be a protracted battle.

Consumer spending gain strongest in 4 months

Consumer spending rose in July at the strongest pace in four months, supported by a small gain in incomes that offered hope that consumers will be able to keep contributing to a modest economic recovery.

Genzyme rejects Sanofi offer, long battle looms

U.S. biotech group Genzyme rejected an $18.5 billion (11.9 billion pounds) takeover proposal by French drugmaker Sanofi-Aventis on Monday, setting up what could be a protracted battle.

U.S. July consumer spending gain strongest in 4 mths

Egypt urges EU to bolster U.S.-led Mideast peace bid

Egyptian President Hosni Mubarak urged Europe Monday to throw its weight behind U.S.-led efforts to secure a peace agreement between Palestinians and Israelis.

Retail FX World: Key Attributes of the 2010 Best FX Brokers

The retail FX industry is reaching puberty and it has brought a few million people to trading Forex over the past 10-12 years.

Consumer spending offers hope on economy

Consumer spending rose at the strongest pace in four months in July, supported by a small gain in incomes that offered hope consumers will be able to keep contributing to a modest economic recovery.

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