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Economy

Idaho town seeks to lure gun and ammo makers
This small community in the forested, western foothills of the Rocky Mountains was created as a company town to house workers for the nation's largest ...
Oil near 7-month lows as Chinese economy ebbs
Oil lingered near seven-month lows around $90 a barrel Thursday in Asia as Europe's debt crisis festers and China's economy continues to slow.
Land conflicts stunt Vietnam urban planning dreams
Do Quoc Tai is an unlikely pain in the side of Vietnam's ruling Communist Party. Although the construction foreman earns just $150 per month, he and ...
World stocks waver as Europe holds another summit
World stock markets wavered Thursday as the lack of a breakthrough in Europe's attempts to shake off its debt crisis kept sentiment gloomy.
EU leaders support growth, give few concrete plans
European Union leaders concluded their latest summit early Thursday with few concrete steps to fix the continent's festering financial crisis even as ...
Picking new leader, Egyptians search for superman
Egyptians say they want their next leader to be honorable, smart, a knight, a man with a heart, a military man, a religious man, one who goes down and ...
Oil rises slightly off 7-month lows near $90
Oil bounced slightly off seven-month lows near $90 a barrel Thursday in Asia amid signs China's economy is continuing to slow. Benchmark oil for July ...
Obama team wrongly says Romney moves goal posts
President Barack Obama's campaign says Republican rival Mitt Romney is trying to "move the goal posts" and reverse his position on unemployment.
Facebook, JPMorgan gaffs erode faith in Wall St.
Wall Street appears bent on convincing Main Street that the game is rigged. Investor anger is mounting over the initial public offering of Facebook ...
China's Cabinet promises to boost economy
China's Cabinet promised Wednesday to step up efforts to reverse a steep slowdown in the world's second-largest economy and said it would encourage ...
New Zealand says 'zero' budget will bring surplus
New Zealand's center-right government unveiled a relatively austere budget Thursday, saying it will tackle rising debt and return the country's books ...
Pressure on EU leaders to solve Greek crisis
The head of the eurogroup says that the 17 nations using the euro as their currency "have to consider all kinds of events" but insists that "the ...
Doha and Baku cut from 2020 Olympic bid field
Doha and Baku were eliminated from the race for the 2020 Olympics on Wednesday as the IOC trimmed the field of candidates from five cities to three.
Late rally erases steep losses on Wall Street
A big final-hour comeback pulled the Dow Jones industrial average nearly back to where it started Wednesday. The Dow was down as much as 191 points ...
Romney promotes education agenda, defends Bain
Originally planning to focus on education, Mitt Romney instead reignited the debate over his business credentials on Wednesday, welcoming scrutiny of ...
Oil drops below $90 for 1st time since October
The price of oil dropped below $90 per barrel Wednesday, the latest milestone in a weekslong decline brought on by uncertainty surrounding economies ...
Official: ailing Bankia needs at least $11BN
Spain's economy minister says the government will pump at least €9 billion ($11.3 billion) of public money into nationalized lender Bankia so it can ...
Romney says Congress should wait to act on economy
Mitt Romney says that if elected Congress should wait until he takes office to block automatic spending cuts and to keep tax cuts from expiring.
Oil drops below $90 for 1st time since Nov. 1
The price of oil tumbled below $90 on Wednesday for the first time in nearly seven months as U.S. supplies continue to grow. Benchmark U.S. crude fell ...
US sales of new homes rose 3.3 percent in April
Americans bought more new homes last month, the latest evidence that the U.S. housing market could be starting to recover. New-home sales increased 3.
Europe's stocks hit on EU summit skepticism
Stock markets were hit hard and the euro skidded down to near 22-month lows against the dollar Wednesday as investors grew increasingly skeptical that ...
Europe's leaders seek ways to boost growth
The leaders of the 27 countries that make up the European Union will meet in Brussels on Wednesday to try and find a way to keep the debt crisis in ...
Europe's leaders to tackle growth at summit
The leaders of the 27 countries that make up the European Union are to meet in Brussels on Wednesday to try and find a way to keep the debt crisis in ...