By PAN PYLASAssociated Press
LONDON (AP) - Investors breathed a sigh of relief Wednesday, sending the euro briefly above $1.29 for the first time in four months after Germany?s highest court rejected calls to block Europe?s permanent rescue fund.
The decision removed some uncertainty about
By SANDY SHOREAP Business Writer
The price of oil was in a holding pattern Wednesday as traders questioned the potential benefit of efforts to promote economic growth in the U.S. and Europe.
Benchmark oil fell 16 cents Wednesday to end at $97.01 per barrel in New York. Brent crude, which is
By DAVID McHUGHAP Business Writer
KARLSRUHE, Germany (AP) - Germany's highest court paved the way Wednesday for the creation of Europe's €500 billion ($640 billion) rescue fund for indebted governments after it rejected calls to block it
The Federal Constitutional Court's decision
THE HAGUE, Netherlands (AP) - An exit poll commissioned by the two biggest Dutch news broadcasters predicted a narrow election victory Wednesday for Prime Minister Mark Rutte's free-market and pro-European Union VVD party, but the result was considered too close to call.
The poll gave VVD 41 of
NEW YORK (AP) - Small business owners are losing confidence as they see the economy weaken, according to a survey released Wednesday that is at odds with another just-released look at owners' sentiments.
The survey taken in July by the National Small Business Association found that 60 percent
By SCOTT MAYEROWITZAP Airlines Writer
NEW YORK (AP) - Some airlines are making travelers work harder to find a deal.
Carriers are offering more deals to passengers who book flights directly on their websites. It's an effort to steer people away from online travel agencies such as Expedia,
By ANNE D'INNOCENZIOAP Retail Writer
NEW YORK (AP) - After wrapping up a decent back-to-school shopping season, merchants are expected to see healthy sales gains for the critical winter holidays, though the pace should be slightly below last year, according to one of the first forecasts
By ANICK JESDANUNAP Technology Writer
NEW YORK (AP) - Apple's new iPhone joins a slew of smartphones, tablet computers and other gadgets coming out for the holiday season.
Announced Wednesday, the iPhone 5 will come with a taller screen and will work on faster data networks. The unveiling
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - If the world's investors are right, the Federal Reserve is about to take a bold new step to try to invigorate the U.S. economy.
And many expect the central bank, which began a two-day meeting Wednesday, to unleash its most potent
By KELVIN CHANAP Business Writer
HONG KONG (AP) - China Eastern Airlines Corp. is raising $572 million by selling new shares to its state-owned parent to trim its heavy debt burden as it pursues an aggressive fleet expansion in China's booming aviation market.
The Chinese carrier said late