NEW YORK (AP) - Futures are heading higher with new government data showing that wholesale inflation led by falling gasoline prices dropped in October for the first time since May.
Dow Jones industrial futures are up 25 points to 12,742. The broader S&P futures have tacked on 5.9 points to 1,
By FRANCES D'EMILIOAssociated Press
ROME (AP) - Riccardo Muti, the master conductor, is sounding an ominous note, and it isn't rising from the orchestra pit.
The former longtime maestro at Milan's La Scala opera house is worried that the stubborn financial crisis in much of the
DOHA, Qatar (AP) - Qatar says it has signed another 25-year agreement with France's Total to oversee a major offshore oil field.
Wednesday's deal was approved by Energy Minister Mohammed bin Saleh al-Sada. It gives Total a 40 percent operating interest in the Al Khalij field in the Persian
By PABLO GORONDIAssociated Press
BUDAPEST, Hungary (AP) - Croatia's economy minister Radimir Cacic has resigned after being sentenced to prison for causing a traffic accident in Hungary in 2010 in which two people were killed and two injured.
Cacic, who has only been in the job for a little
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - Americans cut back on spending at retail businesses in October, an indication that some remain cautious about the economic outlook. Superstorm Sandy also depressed car sales and slowed business in the Northeast at the end of the
WASHINGTON (AP) - US retail sales fell 0.3 percent, as auto sales decline; Superstorm Sandy possibly a factor.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - Wholesale prices fell in October as a big drop in gasoline and other energy prices offset a rise in the cost of food.
Wholesale prices dipped 0.2 percent last month, the Labor Department said Wednesday. It was the first decline since May
By MAGGIE FICKAssociated Press
CAIRO (AP) - The European Union will release about half of a 1.2 billion euro package of grants and loans to Egypt, officials said Wednesday, a badly needed boost for the battered Egyptian economy.
The EU said the other half of the program depends on agreement
By DON MELVINAssociated Press
BRUSSELS (AP) - Europe's companies should be required to have more women in the boardrooms - not just because it is fair but as it also makes good business sense, the European Union's executive branch said Wednesday.
Commissioner Vice President Viviane
MILAN (AP) - Italy enjoyed mixed results when it raised nearly €5 billion ($6.36 billion) from the bond markets in its first sale of very longer-term debt since May 2011.
The Treasury sold €682,500 in 30-year bonds at an interest rate of 5.33 percent. Bids were shy of the €1.5 billion maximum on