The dollar fell against the euro for the second straight day on Thursday after a narrower-than-expected U.S. trade deficit for October and some improvement in jobless claims, reducing safe-haven demand for the greenback.
Film box offices were poised on Wednesday to eclipse 2007's record $9.68 billion in U.S. and Canadian ticket sales with Hollywood eyeing more than $10 billion this year as audiences flocked to theaters during the recession.
Susan Boyle's I Dreamed a Dream held on to the No. 1 slot on the U.S. album chart Wednesday.
In the tradition of Oprah Winfrey's famous book club, the talk show host's cable channel, OWN: The Oprah Winfrey Network, will launch a documentary film club, with a focus on films with inspirational themes.
Bruce Springsteen has come out in support of gay marriage in his home state of New Jersey, where a marriage equality bill will go to vote this week. The rocker released a statement via his official Web site Wednesday backing the legislation.
ABC News plans to announce on Thursday that George Stephanopoulos will become an anchor of Good Morning America in a long-expected change that sees Diane Sawyer step up to head the U.S. network's nightly news.
Brazilian supermodel Gisele Bundchen has given birth to her first child -- a boy -- with U.S. football star husband Tom Brady.
General Motors's turnaround plan for its European carmaker Opel will likely be completed only in January, GM Europe President Nick Reilly wrote in a blog posting on Thursday.
Wall Street was poised to open higher on Thursday after new claims for jobless benefits rose more than expected but the number of people seeking extended benefits fell, and a separate report showed the U.S. trade deficit unexpectedly narrowed.
The United States must uphold moral standards when waging wars that are necessary and justified, President Barack Obama said on Thursday as he accepted the Nobel Prize for Peace.
The number of U.S. workers filing new claims for jobless benefits rose more than expected last week, but a surprise narrowing in the trade gap in October suggested the economic recovery was becoming entrenched.
Oil rose above $71 a barrel on Thursday, recovering after falling more than 2 percent in the previous session, supported by a weaker dollar and rising equities.
The following are prepared remarks by President Barack Obama to accept the Nobel Peace Prize in Oslo on Wednesday, Dec 10 , 2009.
The number of U.S. workers filing new claims for jobless benefits rose more than expected last week, pushed up by layoffs in seasonal industries, according to a government report on Thursday that indicated improvement in the labor market would be only gradual.
The head of the Los Angeles school system has invoked a 2001 U.S. federal law for the first time in the city, allowing him to take over a high school designated as an underperformer years.
U.S. foreclosure activity fell in November for the fourth month running, but improvement from July's record high came from loan modification programs that may fail to permanently remedy many failing mortgages, real estate data company RealyTrac said on Thursday.
Stock index futures rose on Thursday as investors awaited weekly data that will provide a measure of the health of the jobs market.
Taming Hedge Funds; Citi's Bailout Exit Takes Shape; Barbie-Bratz Case Reconsidered
U.S. securities regulators are investigating at least nine mergers, including Pfizer Inc's takeover of Wyeth and Merck & Co Inc's acquisition of Schering-Plough Corp, for possible insider-trading violations, the Wall Street Journal reported, citing people familiar with the matter.
Craigslist executives were well aware that eBay Inc could compete in online classifieds when they negotiated a deal to sell it a minority stake, a former eBay executive testified in court on Wednesday.
Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.3 percent, Dow Jones futures up 0.2 percent and Nasdaq 100 futures up 0.2 percent.
Costco Wholesale Corp posted a slight increase in first-quarter profit on higher revenue.
