MICHIGAN

The United States will take action if China does not begin to take steps in the coming months to raise the value of its currency, a top lawmaker in the U.S. House of Representatives warned on Monday.

U.S. regulators on Friday seized eight banks with assets totaling more than $6 billion, raising the tally this year to 51 failed banks and adding to the carnage of small institutions that is expected to peak this year.

Goldman Sachs Group Inc was charged with fraud by the U.S. Securities and Exchange Commission over its marketing of a subprime mortgage product, igniting a battle between Wall Street's most powerful bank and the nation's top securities regulator.

Permits to build new U.S. homes surged in March to a 17-month peak and construction activity was the most vigorous in more than a year, providing fresh evidence that economic prospects are brightening.

Unemployment rates continued to fall in March in many U.S. states, the Labor Department said on Friday, sparking cautious optimism that an economic recovery is dawning.

U.S. consumer sentiment took a surprise negative turn in early April due to a persistently grim outlook on income and jobs, a private survey released on Friday showed.

Good morning dear traders, how was your trading yesterday? This way I imagine a trading day: you put your orders into the trading platform and go for a walk with your dog. When you come back, the trade is completely running for you.

Stock index futures pointed to a lower open on Wall Street on Friday, with equities poised to reverse recent strong gains after Google's results, and ahead of General Electric and Bank of America earnings.

More adults over age 65 are staying in the work force, which could make it harder for younger workers to find jobs, a private report showed on Friday.

(Reuters) - Five more states are joining a Florida-led group of states in a lawsuit challenging President Barack Obama's overhaul of the U.S. healthcare system, Florida's attorney general said on Wednesday.

Scientists have figured out how to vaccinate a person without using a needle, potentially giving the public one less excuse to avoid getting immunized.

Thirty-six million Americans have chronic sinus troubles. Millions more-perhaps 1 in 7 people-suffer from rhinitis, a fancy name for stuffy nose. They may now benefit from the new research conducted by Melissa Pynnonen and her colleagues at the University of Michigan.

The Obama administration on Monday unveiled another bailout program for troubled homeowners, pledging to divert $600 million in housing rescue funds to 5 more states on its list of hardest-hit markets.

Cancer victims who have a breast removed do not necessarily live longer, a new study concluded. Researchers said some patients with breast cancer appear to live just as long whether they choose treatment preserving their breast or have mastectomy.

The U.S. economy grew at a slightly less brisk pace in the fourth quarter than previously estimated and the momentum is expected to slow this year as a boost from inventories fades.

Consumer sentiment ended unchanged in March from February, a survey released on Friday showed, while the reading slightly beat expectations.

Oil lost all its gains to trade around $80.50 after data showed the U.S. economy grew less briskly than expected last quarter and a plan to give Greece a safety net failed to quell concerns any recovery was fragile.

UBS adviser Chuck Huebner knew he was done with big brokerages when some supervisors questioned a stock he had purchased for one of his clients. The offending equity? Berkshire Hathaway.

The number of workers filing for jobless aid fell sharply last week and a gauge of underlying labor market trends hit a 1-1/2 year low, boosting hopes the economy is on the verge of creating jobs.

Washington's bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way this week as the recent rally appears to be fraying.

Washington's bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way next week as the recent rally appears to be fraying.