MARKETS / FINANCE

Stock index futures dipped on Friday on a surprise announcement by the Federal Reserve that signaled to some investors that the central bank may be retreating from its easy money policy.

U.S. stock index futures fell, pointing to a weaker start for Wall Street on Friday after the U.S. Federal Reserve raised an emergency lending rate it charges banks.

The U.S. dollar rose, commodity prices dropped and stocks fell on Friday after the Federal Reserve unexpectedly lifted an emergency lending rate for the first time since the financial crisis.

The U.S. dollar rose broadly, commodity prices dropped and stocks fell on Friday after the Federal Reserve stunned markets by lifting an emergency lending rate for the first time since the financial crisis.

The U.S. dollar rose broadly, commodity prices dropped and stocks fell on Friday after the Federal Reserve stunned markets by lifting an emergency lending rate for the first time since the financial crisis.

Recent cyber attacks on Google and other American corporations have been traced to a top Chinese university as well as a school with ties to the Chinese military, the New York Times reported on Thursday, citing people involved in the investigation.

The U.S. Federal Reserve on Thursday made its first interest rate move since December 2008, hiking an emergency lending rate it charges banks, but insisted borrowing costs would not rise for consumers or companies.

The Federal Reserve raised its emergency lending rate for the first time since the financial crisis, lifting the dollar and hitting bonds as markets brushed off Fed assurances it was not a prelude to a rise in the main policy rate.

Capital One Financial Corp will reimburse about $775,000 to customers following an agreement with U.S. bank regulators over complaints of credit card account closing practices.

Efforts to tighten financial regulation gained speed in the U.S. Senate on Thursday, with revised legislation seen as soon as next week from two key lawmakers now traveling together in Central America.

Former Bank of America Chief Executive Kenneth Lewis said he was briefed twice on his company's decision not to disclose rising losses at Merrill Lynch & Co, before the bank's takeover of Merrill was put before shareholders.

Toyota Motor Corp President Akio Toyoda, under pressure after a series of safety recalls, agreed on Thursday to appear before U.S. lawmakers investigating the crisis.

Efforts to tighten financial regulation picked up speed in the U.S. Senate on Thursday as a key committee targeted next week for the unveiling of revised legislation and the week after for a working session on it.

The Federal Reserve said on Thursday it was raising the interest rate it charges banks for emergency loans, citing improvement in financial market conditions.

The Aussie dollar drifted lower in Asia yesterday pulling back from its opening levels near 90 cents before finding some support around 0.8950.

General Growth Properties is looking to raise $1 billion to $2 billion from public markets to fund an independent exit from bankruptcy, a source familiar with the situation said on Thursday.

U.S. stocks rose for a third straight day on Thursday as investors viewed company results and manufacturing data as evidence the economic rebound will continue.

Senate Banking Committee members are considering a watered down version of the 'Volcker rule' unveiled last month by the Obama administration to curb risk-taking by banks, sources familiar with the panel's thinking said on Thursday.

Efforts to tighten financial regulation picked up speed in the Senate on Thursday as a key committee targeted the unveiling of revised legislation for next week and a working session on the bill the week after.

The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economy's recovery.

After the long weekend, major U.S. stock indices have seen three straight days of rallying as rising commodities prices boosted the basic materials sector on Thursday.

U.S. stocks rose for a third straight day on Thursday as investors viewed company results and manufacturing data as evidence the economic rebound will continue.

U.S. stocks rose for a third straight day on Thursday, with investors encouraged by another batch of reassuring corporate earnings and signs of further stabilization in the manufacturing sector.

U.S. stocks rose on Thursday as investors viewed earnings and favorable brokerage comments on companies and some economic data as signs that an economic rebound will continue.

Lawyers for authors, publishers, corporations and governments came to a New York court to challenge or hail a proposed deal over Google Inc's plans to digitize millions of books, but the judge said he would not rule on Thursday.

A former top UBS AG fixed-income executive has agreed to pay $2.75 million to settle a probe by New York Attorney General Andrew Cuomo into insider trading of auction-rate securities.

Microsoft Corp and Yahoo Inc said on Thursday they have won unconditional approval from regulators in the United States and Europe for a planned search deal that would challenge market leader Google Inc.

Oil rose above $78 a barrel on Thursday, supported by a drop in U.S. distillate inventories despite a stronger U.S. dollar.

The European Union should be more specific on how it would support Greece in a crisis, to help lower the highly indebted country's borrowing costs now, Greek Finance Minister George Papaconstantinou said on Thursday.