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Wall St., dollar rise as ECB rate cuts sting euro

Stock markets gained and the euro sank on Thursday after the European Central Bank unexpectedly cut already ultra-low interest rates and detailed plans to start buying loans and bonds next month to prop up the continent's struggling economy.

Sep 04, 2014 11:11 AM EDT


Microsoft, publishers try to stop 'catastrophic' Google EU deal

Microsoft and publishers across Europe attacked Google's antitrust deal with EU regulators, calling it a "catastrophic" proposal that would serve only to entrench its dominance of the online search market.

Sep 04, 2014 10:57 AM EDT


Ukraine ceasefire hopes push stocks, ruble higher

World markets jumped on Wednesday as Ukraine's President Petro Poroshenko said a ceasefire had been reached with Russia, raising hopes that a recent escalation in the conflict could be reversed.

Sep 03, 2014 11:26 AM EDT


Bullish U.S. manufacturing, construction data bolster growth outlook

U.S. manufacturing activity increased to its highest level in nearly 3-1/2 years in August and construction spending rebounded strongly in July, in further signs of vigor in the economy.

Sep 02, 2014 11:34 AM EDT


Insider traders in U.S. face longer prison terms, Reuters analysis shows

U.S. judges are imposing increasingly long prison terms for insider trading, a Reuters analysis shows. The rise is at least partly driven by the bigger profits being earned through the illegal schemes, defense lawyers said.

Sep 02, 2014 11:22 AM EDT


Pending home sales rise sharply, point to stronger market

Americans signed more contracts in July to buy previously-owned homes than in any month in almost a year, suggesting the housing market was pulling out of its slump more quickly than expected.

Aug 28, 2014 11:01 AM EDT


Buffett puts shareholders ahead of patriotism in Canadian deal

Warren Buffett may be most famous for the billions of dollars he has made from investing but he is also well known as a cheerleader for the United States. The Oracle of Omaha routinely exhorts investors to put their money in America, "the mother lode of opportunity," as he wrote in his annual letter this year.

Aug 27, 2014 9:28 AM EDT


Uber eyes aggressive expansion in Germany despite bans

U.S. car service Uber is planning an aggressive expansion in Germany despite a backlash from cities like Berlin and Hamburg, which have questioned its right to operate in highly regulated markets dominated by traditional taxis.

Aug 27, 2014 9:14 AM EDT


Futures point to flat open with indexes at records

U.S. stock index futures pointed to a flat open on Wednesday, as investors found few reasons to keep buying after a rally that has taken indexes to repeated records, even as there was little seen on the horizon that could derail the rally.

Aug 27, 2014 9:11 AM EDT


U.S. home prices fall in June: S&P/Case-Shiller

U.S. single-family home prices fell in June and disappointed expectations, a closely watched survey said on Tuesday.

Aug 26, 2014 10:34 AM EDT


Aircraft demand spurs record U.S. durable goods orders gain

Orders for long-lasting U.S. manufactured goods posted their biggest gain on record in July on strong international demand for aircraft, but the underlying trend remained consistent with a steady pace of domestic economic growth.

Aug 26, 2014 10:08 AM EDT


Germany clears $6.9 billion RWE unit sale to Russian investor

Germany's economy ministry approved the sale of utility RWE's (RWEG.DE) oil and gas unit DEA to a Russian investor despite tensions between Russia and the West over the Ukraine crisis.

Aug 22, 2014 10:46 AM EDT