Markets

Fiscal cliff whipsaws stocks; confidence dims
The "fiscal cliff" took the stock market on a roller coaster Thursday. Small developments in the tense budget standoff yanked stocks back and forth ...
US consumers lose confidence as fiscal cliff nears
U.S. consumers peering over the "fiscal cliff" don't like what they see. Fears of sharp tax increases and government spending cuts set to take effect ...
Stocks whipsawed by 'fiscal cliff' talks, end flat
The stock market erased most of an early loss in late trading after Republicans said they would reconvene the House of Representatives Sunday in hopes ...
Argentine court rejects intervention in media case
Argentina's Supreme Court rejected a proposal by the government to use a new legal regulation to get the top court to intervene in the case of a law ...
Italy's borrowing costs rise ahead of elections
Italy's borrowing costs rose slightly Thursday in an auction of six-month bonds held in the wake of Premier Mario Monti's resignation and uncertainty ...
Futures head higher as Congress returns
Stock futures are heading higher before the government releases what is expected to be the latest positive news for the housing industry. There is a ...
Retailers to recall 150,000-plus baby recliners
Four national retailers agreed to recall more than 150,000 Nap Nanny baby recliners after at least five infant deaths and dozens of reports of ...
Cliff looms: Kicking the Can, Washington-style
When it comes to the nation's budget challenges, congressional leaders are fond of saying dismissively they don't want to kick the can down the road.
Asian markets rise amid optimism over Japan
Japanese stocks surged to their highest level this year as Asian markets rose Thursday on optimism a new Japanese government will stimulate its ...
In polarized nation, Iowa finds itself oddly split
Republicans and Democrats in state capitals across the country are talking ambitiously about what they'll do next year with the unchecked power they ...
Fees undermine fliers' ability to compare fares
For many passengers, air travel is only about finding the cheapest fare. But as airlines offer a proliferating list of add-on services, from early ...
Berkshire Hathaway sells 2 short-line railroads
Warren Buffett's company has sold two short-line railroads it recently discovered it owned to satisfy regulators who might have reviewed Berkshire ...
Oil rises on housing data, 'fiscal cliff' talks
The price of oil rose sharply Wednesday on higher U.S. home prices and hopes of a budget deal in Washington. U.S. benchmark crude jumped $2.37, or 2.
GOP shows signs of bending after election defeat
For years, Republicans have adhered fiercely to their bedrock conservative principles, resisting Democratic calls for tax hikes, comprehensive ...
US economy could handle short fall over 'cliff'
The economic threat that's kept many Americans on edge for months is nearing reality — unless the White House and Republicans cut a budget deal by New ...
US home prices rise in October from previous year
US home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes
Futures higher during year's final days of trading
Stock futures are moving higher before the latest data is released on the housing market, one of the bright spots of the year with just a few trading ...
Asia stocks rise as Japan gets new government
Asian stock markets rose Wednesday as traders snapped up stocks before the end of the year, while the Tokyo benchmark hit a nine-month high after a ...
Over the fiscal cliff: What kind of landing?
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break.
Obama cuts vacation short as 'fiscal cliff' looms
With a yearend deadline looming before the economy goes over the so-called fiscal cliff, President Barack Obama is cutting short his traditional ...
Egypt constitution passes, economic crunch looms
The official approval of Egypt's disputed, Islamist-backed constitution Tuesday held out little hope of stabilizing the country after two years of ...
Health care tax hikes for 2013 may be just a start
New taxes are coming Jan. 1 to help finance President Barack Obama's health care overhaul. Most people may not notice. But they will pay attention if ...
Over the fiscal cliff: How hard a landing?
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break.
Japan stocks rally as yen continues to weaken
Japan's benchmark stock index jumped Tuesday as a softening yen helped boost the country's powerhouse export sector. The Nikkei 225 index in Tokyo ...
Over the fiscal cliff: Soft landing or dizzy dive?
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break.