MICHIGAN

The dollar continued to rebound versus the yen, edging up to 100.84, in a holiday-thinned Monday session – with Europe and Asia still closed for the Easter holiday. Economic data released earlier today also provided support for

Union workers at auto supplier American Axle & Manufacturing Holdings Inc., on their fifth day of a crippling strike, are ready to bargain with the company, a union leader said on Saturday.

The beleaguered dollar found no reprieve against the majors, with the accelerated selling pushing the currency to fresh all-time lows against the euro, Swiss franc, 24-year lows versus the Aussie and 3-year lows versus the yen.

Pakistani army chief General Pervez Kayani is appointing a new head of military intelligence, a newspaper reported on Tuesday, the first major reshuffle in the military since President Pervez Musharraf quit the army. Musharraf, who seized power as a general in 1999, stepped down as army chief in November to become a civilian president of the country, which has been ruled by the military for more than half of the 60 years since its independence

U.S. stocks will face a heavy lineup of economic indicators next week

Asian stocks, which have been jittery this year at any ill omen from the U.S. market, are likely to take note on Monday of Wall Street's latest fall, while investors continue to keep an eye out for bargains.

Treasuries rose on Friday after a report on plummeting U.S. consumer sentiment and drops in New York manufacturing increased concerns about a U.S. recession.

The dollar fell against the euro and yen on Friday after a new survey showed American consumer confidence fell sharply while manufacturing in the New York region tumbled, leading to more worries about a possible recession.

The dollar fell against the euro on Friday after a gauge of consumer sentiment plunged to its lowest level since 1992, adding to fears that the U.S. economy may be slouching toward recession.

The U.S. economy has entered a recession that will be more painful and drawn out than the usual downturn, the director of the Reuters/University of Michigan consumer sentiment survey said on Friday. Inflation pressures will linger despite the retrenchment in consumer spending, complicating the task of policy-makers, the University's Richard Curtin said in a report, citing data from industry group The Conference Board.

The dollar shrugged off a dismal labor report in early Friday trading – slipping initially following the release, but rallying sharply after traders digested the news. The greenback fell just shy of a fresh all-time low against the euro at

Is the Starbucks formula the ticket for restaurant chains to take their brands national? More than one startup in the food industry is modeling itself after the successful coffee group.

Led by Democrat Hillary Clinton and Republican John McCain, candidates fanned out across the country on Wednesday in a U.S. presidential race dramatically reshaped by their comeback wins in New Hampshire.

The Federal Communications Commission approved new rules that will unleash a flood of media consolidation across 20 biggest U.S. cities, in spite of objections from consumer groups and threats from some U.S. senators.

Employers added 94,000 jobs in November, the Labor Department said on Friday in a report showing a slowdown in job creation in recent months that raises chances for a modest cut in interest rates next week. Analysts said continued gains in hiring showed the economy was not at immediate risk of crumbling onto recession but another report said consumers' moods grew darker in December.

Dow Chemical Co will shut a number of plants and eliminate about 1,000 jobs to cut costs and direct capital toward businesses with better growth prospects, the largest U.S. chemical maker said on Tuesday.

Dow Chemical Co said on Tuesday it would shut down a number of plants and eliminate about 1,000 jobs to cut costs and direct capital toward businesses with better growth prospects. The largest U.S. chemical maker said it would incur a related charge of $500 million to $600 million, which includes severance costs and asset write-downs.

Housing and credit troubles took more of a toll on the U.S. economy as prices on pre-owned single-family homes tumbled in the third quarter and consumer confidence in November sank to a two-year low, reports on Tuesday showed.

The cost of Thanksgiving is soaring, according to investment bank Merrill Lynch & Co, which may help explain the gloom among U.S. consumers as they head into the holiday season.

US stocks fell to the lowest its been in three-months on Wednesday, following the growing unease over the economic outlook and weakening credit markets.

The mood among consumers hit the skids in November as gasoline prices soared and the housing market downturn threatened to ensnare more Americans, a report showed on Wednesday.A drop in weekly mortgage applications, signs of stress in the labor market and crude oil prices on the cusp of $100 per barrel threw up caution flags on the eve of the critical holiday spending rush.