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Stock market is a wild card in fiscal cliff talks
Congress and the White House can significantly soften the initial impact of the "fiscal cliff" even if they fail to reach a compromise by Dec. 31.
Stocks opening mixed following disarray in Italy
Stocks are opening mixed on Wall Street after the surprise resignation of Italy's prime minister sent a jolt through European markets. McDonald's rose ...
Oil rises as Germany's exports expand
The price of oil rose to near $87 a barrel on Monday, boosted by expanding exports in Germany and higher growth in electricity consumption and ...
Greece extends bond buyback deadline for a day
In an attempt to generate stronger participation in its key government bond buyback program, Greece on Monday extended the deadline for banks, funds ...
Asia stocks rise on US jobs data showing growth
Rising factory output in China and better-than-expected jobs numbers out of the U.S. helped lift Asian stock markets on Monday. Investors delved into ...
China's money changes the landscape in Australia
Tony Clift's family has plowed the rich black soil of Australia's Liverpool Plains for six generations. The thought of selling never crossed his mind ...
Italy's PM says he intends to quit over crisis
Premier Mario Monti told the Italian president Saturday he is resigning soon, saying he can no longer govern after Silvio Berlusconi's party withdrew ...
Democrats want jobless benefits in 'cliff' deal
Hovering in the background of the "fiscal cliff" debate is the prospect of 2 million people losing their unemployment benefits four days after ...
Obama: Republicans blocking middle-class tax cuts
President Barack Obama said Saturday that Republicans in the House are blocking a bill that would prevent a tax increase on the first $250,000 of ...
US consumer borrowing rises to record $2.75T
Americans swiped their credit cards more often in October and borrowed more to attend school and buy cars. The increases drove U.S. consumer debt to ...
IBM shifts 401(k) policy to once-a-year matches
IBM is making changes to its employee benefits that may cause other large corporations to follow suit. The technology company will begin making ...
Apple holds back S&P, Nasdaq; Dow ends higher
Apple spoiled the stock market's party on Friday. Stocks shot higher in the early morning, after the government reported that the U.S. added jobs in ...
Stocks move higher as US jobs picture improves
Stocks are closing mostly higher on Wall Street after the government reported job growth that was better than economists had anticipated. The Dow ...
Oil prices fall slightly after US jobs report
The price of oil ended the week lower after the latest U.S. jobs report offered a mixed picture of the economy. Benchmark oil dropped 33 cents to ...
RI court hears arguments in pension case
With billions of dollars and the retirement security of public workers at stake, the legal dispute over Rhode Island's sweeping overhaul of its public ...
Belarus decrees forced employment for some jobs
The authoritarian president of Belarus signed a decree Friday banning some industrial workers in the ex-Soviet nation from leaving their jobs, ...
World stocks rise after positive US jobs figures
Global stock markets mostly rose after a better-than-forecast U.S. jobs report Friday offset gloomier data showing consumer confidence in the world's ...
On economics, foreign policy, Corker eager to act
Republican Sen. Bob Corker is spending a lot of time lately talking to Democrats. The freshman lawmaker from Tennessee unveiled his own 10-year, $4.
Draghi supports Hungary's embattled central bank
European Central Bank President Mario Draghi on Friday defended his Hungarian counterpart against the government's efforts to limit his independence ...
Trade-offs in raising Medicare eligibility age
Americans are living longer, and Republicans want to raise the Medicare eligibility age as part of any deal to reduce the government's huge deficits.
Mich. legislators defy unions, OK right-to-work
In an audacious flex of political muscle, Republicans in a single day reached the brink of a goal that for years has seemed an all-but-impossible ...
Oil prices fall slightly after upbeat jobs report
The price of oil is bouncing between small gains and losses after the latest report on hiring in the U.S. offered a mixed picture of the economy.
Stocks open higher as jobs growth beats forecasts
Stock indexes are opening modestly higher on Wall Street after the government reported jobs growth that was better than economists were expecting.
Higher rates or fewer tax breaks - what's worse?
In the fiscal cliff wars, a pivotal battle is raging between Democrats demanding to raise revenue by boosting tax rates on the nation's highest ...