Executives do not expect the U.S. commercial real estate market to emerge from critical condition any time soon, according to a survey by The Real Estate Roundtable.
Federal Reserve officials meeting this week must weigh improving economic data against the risk, reinforced by a persistently weak job market, that a burgeoning recovery remains on shaky ground.
Oil fell more than $1 per barrel toward $77 on Tuesday as the dollar rose against a basket of currencies and as stock markets slipped in Europe and Asia.
NetEase.com, one of China's top online game developers, will speed its push into the mobile sector as it looks to capitalize on the country's recent launch of high-speed 3G services, a top executive said.
A Chinese regulator has ordered top online game firm NetEase.com to stop operating a popular title, the result of an apparent governmental turf war highlighting the risks the sector faces.
World stocks dipped toward the previous session's four-week lows on Tuesday as investors continued to fret over the early removal of government stimulus, particularly in the financial sector.
Oil slipped below $78 per barrel on Tuesday ahead of data expected to show a rise in U.S. crude oil stocks and before key U.S. economic figures later in the week.
The dollar slid on Tuesday, pushing gold prices to near record highs, while Asian stocks eased as investors awaited policy announcements from some key central banks this week for clues on the timing of eventual shifts in policy.
Oil held steady above $78 a barrel on Tuesday, after rising more than 1.5 percent a day ago, as traders weighed the impact of a possible rise in U.S. crude stocks against positive manufacturing and home sales data.
Crude oil rose and the dollar fell on Monday on strong worldwide factory data and a surprise jump in U.S. pending home sales, but U.S. stocks see-sawed before ending higher after a sell-off in banking shares.
Speeding Up Climate Reform; Fed Weighs Economy; U.S.-China Currency Stake
Oil edged further above $78 a barrel on Tuesday, after rising more than 1.5 percent a day ago, as traders weighed the impact of a possible rise in U.S. crude stocks against positive manufacturing and home sales data.
Democrats who control a key U.S. Senate panel said they would begin debating a climate change bill on Tuesday, despite a planned boycott by minority Republicans who are demanding more study of the issue.
Talk of an initial public offering for General Motors Co by the second half of next year is so premature as to border on the ludicrous, a former director of the largest U.S. automaker said on Monday.
China's reluctance to let markets play a freer hand in setting the value of the yuan, also called the renminbi, is a festering irritant that both the United States and China want to keep from getting out of hand.
Outside of the well-known wine-producing countries of France, Italy and Spain, a quiet wine revolution is taking place in the southern cone. Down in South America, winemakers have been using
The hepatitis B vaccine - given to protect against infection by a virus that can cause severe liver damage and cancer - may protect for more than two decades, according to a new study.
A person's long-term risk of heart disease is better assessed by a pair of studies, as performing only one may miss a dangerous buildup of calcium in arteries, U.S. researchers said on Monday.
Up to 30 million doses of vaccine against the pandemic H1N1 flu have been delivered to the U.S. government and production is now picking up, officials said on Monday.
General Motors Co had $13.6 billion remaining in its U.S. government-funded escrow account as of October, after making payments related to the restructuring of its former parts subsidiary Delphi, the company said on Monday.
Ford Motor Co posted a $1 billion quarterly profit on Monday, defying Wall Street forecasts of a loss, as it cut costs and gained market share, leading it to raise its 2011 outlook to solidly profitable from break-even.
U.S. stocks rose on Monday after another round of solid economic reports but pulled off session highs after a Federal Reserve official's warning about banks' loan losses.
