By PABLO GORONDIAssociated Press
The price of oil drifted up to around $93 a barrel as China's manufacturing growth held steady at a modest pace in November.
By early afternoon in Europe, benchmark U.S. crude for January delivery was up 36 cents at $93.08 a barrel in electronic trading on the
By The Associated Press
LONDON (AP) - Global stock markets dipped on Monday as investors awaited the release of U.S. data for clearer signs about when the Federal Reserve will cut its monetary stimulus.
Trading volumes were low after a long weekend in the U.S. and ahead of year-end holidays
By KELVIN CHANAP Business Writer
HONG KONG (AP) - Chinese manufacturing barely expanded in November, growing at about the same rate as the previous month, two surveys showed in further evidence that the world's No. 2 economy is undergoing a sluggish recovery.
HSBC's purchasing managers
BEIJING (AP) - Growth of Chinese manufacturing barely expanded in November and stayed at the same rate as in the previous month, indicating a continual sluggish recovery, the China Federation of Logistics and Purchasing said Sunday.
It said the group's purchasing managers' index remained at
By STEVE ROTHWELLAP Markets Writer
NEW YORK (AP) - The stock market fizzled Friday at the end of a holiday-shortened trading day, but still logged its longest streak of weekly gains in a decade.
The Standard & Poor's 500 index ended down one point, or 0.1 percent, to 1,805.81. The Dow Jones
By PAN PYLASAssociated Press
LONDON (AP) - Welcome news on inflation and unemployment on Friday will ease pressure on the European Central Bank to act again next week to shore up the 17-country eurozone economy. But they do little to ease longer-term worries over the recovery.
Eurostat, the EU'
By PAN PYLASAP Business Writer
LONDON (AP) - Financial markets were subdued Friday as investors digested a run of economic figures in Europe and awaited clues on the strength of U.S. consumer spending on the first day of the Christmas shopping season.
In Europe, the focus was on inflation and
By ELAINE KURTENBACHAP Business Writer
TOKYO (AP) - Japan's economy is gaining momentum, data for October showed, with consumer prices excluding food and energy rising 0.3 percent from a year earlier, the biggest gain since 1998. However, household spending remained tepid, as incomes slipped
By BETSY BLANEYAssociated Press
LUBBOCK, Texas (AP) - Just three months after Kenbriel Hearn emerged from a coma, the 18-year-old football star scored the most memorable touchdown of his life.
The senior at Memphis High School suffered two strokes caused by a bleeding mass on his brain and spent
(CNN) -- It was a heroic moment caught on tape.
A police officer in Cape May, New Jersey, ran up to a burning pickup truck and pulled out its unconscious driver, then ran back toward the blaze to search for other possible passengers.
"A million things were going through my head. I wasn'