U.S. stock index futures indicated a stronger start on Wall Street Monday, extending the previous session's gains after stronger U.S. housing data and optimistic comments from Federal Reserve Chairman Ben Bernanke lifted sentiment.
Asian stocks jumped more than 2 percent on Monday, lifting world shares to a 10-month high, after upbeat U.S. housing data and optimistic comments from Federal Reserve Chairman Ben Bernanke spurred buying of riskier assets.
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Gold was steady above $950 an ounce on Monday, pausing after touching a one-week high near $960 in the previous session, with investors keeping an eye on the currency market for clues on bullion's direction.
U.S. Democrats may sidestep Republican opposition to a sweeping healthcare overhaul by using Senate rules to pass some reform measures, a leading senator said on Sunday.
U.S. auto dealers are asking the government to extend the deadline for submissions for its
A prominent banking analyst said on Sunday that 150 to 200 more U.S. banks will fail in the current banking crisis, and the industry's payments to keep the Federal Deposit Insurance Corp afloat could eat up 25 percent of pretax income in 2010.
After experiencing some strong selling pressure in Asia on Friday the Aussie dollar held onto support below 0.8220 to bounce back in aggressive fashion.
Nouriel Roubini, one of the few economists who accurately predicted the magnitude of the world's recent financial troubles, sees a big risk of a double-dip recession, according to an opinion piece posted on the Financial Times' website on Sunday.
IPhone maker Apple Inc told U.S. regulators it has not approved Google Inc's Voice application, which could challenge the wireless industry's giants, because it interferes with the iPhone user experience.
Qwest Communications International Inc said it has eliminated tens of thousands of dollars of annual payments to cover expenses of its chief executive and other top officials.
Nazis and Quentin Tarantino proved a lethal combination at the worldwide box office as the bad-boy director topped the weekend charts with his violent World War Two movie
If there was one message from central bankers gathered at this mountain retreat this weekend it was this: Don't expect us to raise interest rates any time soon.
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Afghan President Hamid Karzai's main challenger said on Sunday he had evidence last week's election had been widely rigged by the incumbent and that he had lodged more than 100 complaints.
President Barack Obama's domestic policy proposals will face the reality of skyrocketing deficits on Tuesday when officials release two government reports projecting huge budget shortfalls over the next decade.
Clients of UBS facing disclosure of their accounts to U.S. tax authorities were not harmless victims and legal cases against former UBS bankers did not affect the bank, its chairman told Swiss Sunday newspapers.
German Chancellor Angela Merkel expressed her regret at General Motors' failure to choose a buyer for its German unit Opel, and said that a decision was urgently needed for the carmaker's future.
German Chancellor Angela Merkel expressed her regret at General Motors' failure to choose a buyer for its German unit Opel, and said that a decision was urgently needed for the carmaker's future.
European Central Bank President Jean-Claude Trichet warned policy-makers from around the world on Saturday not to forget the lessons of the devastating financial crisis now that the worst has passed.
The U.S. military has begun to share with the International Committee of the Red Cross the identities of militants held in secret camps in Iraq and Afghanistan, The New York Times reported on on Saturday.
U.S. Federal Reserve Vice Chairman Donald Kohn said on Saturday there is no inconsistency between the Fed's pledge to keep interest rates low for an extended period while also keeping inflation low.
