NEW YORK (AP) - The euro rose modestly against the dollar Thursday on a weak U.S jobs report and increasing concern about Spain's finances.
The Labor Department said that unemployment benefit applications rose 6,000 to 386,000 last week, a sign that hiring
By The Associated Press
Developments in a phone-hacking scandal involving British newspapers owned by Rupert Murdoch's News Corp.:
November 2005: News of the World royal reporter Clive Goodman writes story saying Prince William has a knee injury. Buckingham
By MARCY GORDONAP Business Writer
WASHINGTON (AP) - Average rates on fixed mortgages rose this week, the first increase in seven weeks. But mortgage rates remain near historic lows, boosting prospects for home sales this year.
Mortgage buyer Freddie Mac said
By MATTHEW CRAFTAP Business Writer
NEW YORK (AP) - A report that major central banks would be ready to pump money into the financial system after the Greek elections this weekend gave the stock market a late push higher.
The Reuters report said major central
By ELAINE KURTENBACHAP Business Writer
SHANGHAI (AP) - The Asian consortium planning to rescue Swedish automaker Saab Automobile from insolvency is led by a mainland Chinese alternative energy tycoon whose company has close ties with China's State Grid electricity utility
By COLLEEN BARRY and FRANCES D'EMILIOAssociated Press Writers
ROME (AP) - The Italian and French leaders on Thursday found common ground on how to confront Europe's worsening debt crisis, emphasizing that budget discipline should not come at the expense of economic
By PAMELA SAMPSONAP Business Writer
BANGKOK (AP) - Asian stock markets were mostly higher Friday as investors waded back into riskier assets amid hopes that central banks in the U.S. and elsewhere were gearing up for action to help their beleaguered economies.
By MATTI HUUHTANENAssociated Press
HELSINKI (AP) - Nokia says it will slash 10,000 jobs and close plants as the ailing company fights fierce competition, and gave a grim outlook for most of the year, causing its shares to plummet 18 percent to close at €1.83 ($2.30
By MICHAEL BIESECKERAssociated Press
RALEIGH, N.C. (AP) - A relieved John Edwards said after his mistrial on campaign corruption charges that he believed good things were still in store for him, though image makers and his friends agree that does not include politics
By CATHERINE GASCHKA and FRANK JORDANSAssociated Press
BERN, Switzerland (AP) - A rock star welcome greeted Aung San Suu Kyi as she embarked on her first trip to Europe in 24 years. But after a whirlwind of standing ovations, speeches and receptions, it all became too much, and