U.S. envoy George Mitchell assured the Palestinians on Wednesday of Washington's commitment to a state of their own, calling its establishment the only viable solution to their conflict with Israel.
Russia will reduce the share of U.S. treasuries in its forex reserves, the world's third-largest, a senior central bank official said on Wednesday, driving the dollar broadly lower.
Home Depot Inc said earnings could be flat this year, rather than falling as it previously forecast, saying the worst of the U.S. housing correction had passed.
Leading Senate Democrats unveiled on Tuesday a plan to reshape U.S. healthcare that calls for sweeping insurance market reforms and prohibits insurers from denying coverage or charging more due to medical history.
Spiking U.S. mortgage rates drove down total home loan applications last week as demand for refinancing shriveled to the lowest level since November, the Mortgage Bankers Association said on Wednesday.
The brutal pace of job losses on Wall Street may be slowing, but experts remain cautious about whether this means a quick turnaround is on the way.
Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 1.3 percent, Dow Jones futures up 1.2 percent and Nasdaq 100 futures up 1.1 percent.
Citigroup Corp. announced a finalized deal with the U.S. government on Wednesday that could add up to $58 billion in common equity to the company, with chief executive Vikram Pandit saying the move would make the bank among the best capitalized in the world.
Stocks headed for a higher open on Wednesday, as surging prices for oil and other commodities drove a global equities rally and Home Depot raised its outlook.
Stock futures pointed to a sharply higher open on Wednesday, as surging prices for oil and other commodities drove a global equities rally and Home Depot raised its outlook.
Italian car maker Fiat SpA was set to close its takeover of Chrysler on Wednesday in an ambitious move to survive and grow out of one of the worst crises in global auto industry.
Stock futures pointed to opening gains of more than 1 percent on Wednesday, following a rally in global stock markets underpinned by higher commodity and energy prices.
China's pursuit of mega-sized deals with global leaders in strategic industries will slow as Beijing recovers from Anglo-Australian miner Rio Tinto's stunning rejection of a $19.5 billion tie-up with state-owned Chinalco.
Energy prices, from fuel for interstate trucking to electric utility costs, would rise significantly under climate change legislation pending in the U.S. Congress, industry officials said on Tuesday.
The government should delay new rules that expand U.S. use of biofuels until 2011, the oil industry said on Tuesday, because there is too much work to do on the ground-breaking rules to start sooner.
U.S. stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 1.3 percent, Dow Jones futures up 1.2 percent and Nasdaq 100 futures up 1.1 percent.
A spike in U.S. mortgage rates drove down total home loan applications last week as demand for refinancing shriveled to the lowest level since November, the Mortgage Bankers Association said on Wednesday.
More than nine out of 10 U.S. retailers say they have had merchandise stolen by well-organized crime rings, according to a new report from a leading trade group.
Italian car maker Fiat SpA was set to close its takeover of Chrysler on Wednesday in an ambitious move to survive and grow out of one of the worst crises in global auto industry.
World stocks rose for a second day in a row on Wednesday as improving economic data in Asia and a weak dollar pushed oil to a fresh 7-month high above $71 a barrel, fuelling gains in resource-related stocks.
Oil topped $71 a barrel on Wednesday, after settling above $70 for the first time in seven months on a larger-than-expected fall in crude oil stocks and a forecast that falling oil demand may have bottomed.
The U.S. Supreme Court on Tuesday cleared the way for the sale of Chrysler LLC to Italy's Fiat, while General Motors began to revamp its widely criticized board by naming former AT&T Inc chief executive Ed Whitacre as chairman.
