IBT Staff Reporter

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Futures flat as Libyan unrest continues

Stock index futures were mostly flat on Monday on continued concerns the unrest in Libya could spread through the region, though stable oil prices prevented further losses.

Brent up on Libya despite Saudi assurances

Brent crude oil prices rose above $112 a barrel in choppy trade on Monday as investors weighed reassurances from Saudi Arabia that extra supply needs were being met against the prospect that disruption of Libya's output could be prolonged.

Fewer in U.S. deem homeownership a safe investment

Homeownership as an investment is no longer the rock-solid foundation for the American Dream it once was, according to a survey released on Monday by the firm the government created in the 1930s to promote homeownership.

January consumer spending edges up, incomes surge

Consumer spending rose less than expected in January as households took advantage of the largest increase in incomes in more than 1-1/2 years to rebuild their savings, government data showed on Monday.

Stocks open higher in early trade, incomes jump

US stocks opened higher in early trade on Monday, with S&P 500 Index gaining 7.54 points, or 0.57 percent, to trade at 1,326.97 at 09:55 a.m. EST. The Dow Jones Industrial Average is up 76.82 points, or 0.63 percent, to trade at 12,207.27. The Nasdaq Composite Index rose 0.49 percent to trade at 2,795.40.

Twitter attracts JP Morgan investment

JP Morgan follows Goldman Sachs dive into social networking territory, as it is in talks of acquiring a 10 percent minority stake in micro blogging site Twitter.

Analysis: Jewellery demand supports gold in investment demand dips

The proportion of total gold demand accounted for by jewelry fell to just over 50 percent in 2009 from 75 percent in 2004. In the same period investment demand nearly tripled. But jewelry buyers still have a key role to play in the gold market, which they are likely to keep despite any slight fall-off in demand.

Gold rises above $1,410/oz on Mideast tensions

Gold rose to $1,413 an ounce in Europe on Monday as turmoil in the Middle East region lifted safe-haven buying and fueled a fresh spike in oil prices, stoking concerns over U.S. growth and knocking the dollar.

Geneva launches remain in focus, for now

Carmakers gathering in Geneva this week are scrambling to boost their presence in booming emerging regions, as they showcase the new models they hope will boost their share of Europe's flat market at the auto show.

JPMorgan fund in talks to buy Twitter stake: report

A new JPMorgan Chase & Co technology fund is in talks to buy a substantial stake in Internet messaging and communications site Twitter, the Financial Times reported on Sunday, citing people familiar with the plans.

Guys Selena Gomez dated before Justin Bieber [PHOTOS]

Selena Gomez and Justin Bieber go official with their relationship at Vanity Fair Oscar party. Although this ends the rumors, the past relationships of the Disney star is now under the spotlight. The slideshow recalls guys Gomez dated before Bieber.

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