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Credit Card Debt at Lowest Level in 8 Years

The amount consumers owed on their credit cards in this year's second quarter dropped to the lowest level in more than eight years as cardholders

Japan Exports Fall for Fifth Straight Month

Japan's export growth slowed for the fifth straight month in July, the government said Wednesday, as the global economy loses momentum

Microsoft Begins Powering All Yahoo Searches

Microsoft Corp.'s technology is now processing all the search requests on Yahoo Inc.'s website in the U.S. and Canada, completing a long-awaited leap

More Spent on Kids, Less on Moms in August

Not even skinny jeans for $20 are pulling Americans into stores. Nervous about jobs and an unraveling economy, shoppers spent — at best

Dell Debuts Inexpensive Android-Based Smart Phone

Dell Inc. said Tuesday its Aero smart phone is now on sale in the U.S. for $99 with a two-year AT&T contract.

Plug-In Guru Charges Obama's Electric Car Push

David Sandalow starts his five-mile commute each day by unplugging an orange extension cord connecting his Toyota Prius hybrid to an outlet

Empire State Building Owner Fights Proposed Rival

Look at Manhattan from afar, and the first thing you notice is the Empire State Building, spiking like a needle above the carpet of skyscrapers

Nikkei Leads World Markets Down

Japan's Nikkei index led world markets lower Tuesday as the yen's rise to a fresh 15-year high against the dollar and a nine-year best against ...

Top China Mortgage Bank Unfazed by Price Declines

Recent declines in real estate prices will have little impact on operations, said Pang Xiusheng, Chief Risk Officer of China Construction Bank.

Taiwanese CEO Barred from Leaving U.S. Pending LCD Probe

The chief executive of a leading Taiwanese LCD screen maker has been barred from leaving the U.S. during a U.S. Justice Department probe

AIG Repays $4 Bil. in Government Loans

In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion

Asian Stocks Rise on China Growth Data

Asian stock markets climbed Monday, encouraged by gains on Wall Street and Chinese economic indicators released over the weekend.

Yuan Hits New High vs. Dollar Ahead of Hearing

China's currency advanced to a fresh high against the U.S. dollar for the third straight trading day Tuesday, as U.S. lawmakers prepared

Dollar Slides to New 15-Year Low Against Yen

The U.S. dollar fell to a new 15-year low against the yen in early Tokyo trade Tuesday as investors tried to avoid risky bets, while ...

Buffett, Ballmer See Thriving Economy Ahead

Some of the biggest names in business said Monday that they see a bright future for the economy, with famed investor Warren Buffett

Wal-Mart Debuts Branded Wireless Service

Wal-Mart Stores Inc. said Monday that it is introducing the first cell phone plan that uses the chain's own branding, further demonstrating

Intel Chief Says Content-Shifting Key for Chipmakers

The semiconductor industry hasn't fully cracked the challenge of making chips that help people move content seamlessly between their devices

New Hitachi CEO Pushes Gov't for Lower Yen

The new president of Hitachi Ltd. urged Japan's government to tackle the strong yen, which is squeezing business as he seeks to transform

Stimulus-Funded Batteries Polarize Economic Debate

The first wave of mass-produced advanced batteries funded by the Obama administration's economic recovery program is starting

YouTube Launches Live-Streaming Trial

YouTube is making its long expected foray into live streaming by launching an experimental trial with four new media partners.

Eurozone Industrial Production Flat in July

Industrial production in the 16 countries that use the euro was flat in July from the previous month, official figures showed Tuesday

China Aggressive with Investments in Korea

A growing influx Chinese capital into Korea has begun reversing the traditional relationship between the two economies.

Nanowire Skin Lets Robots Sense Pressure Changes

Artificial "skin" developed by teams at UC Berkeley and Stanford will enable robots to adust theirs grips to be delicate enough to hold an egg

China Data Shows Economy Accelerated in August

August economic data shows that China grew at a higher-than-expected rate in fixed asset investment, industrial production, retail sales and new loans

HP Seeks to Buy Security Software Firm for $1.5 Bil.

Computer maker Hewlett-Packard Co. may be close to another major acquisition. The company is nearing a deal to buy security

China Inflation Rises on Soaring Food Prices

China's inflation edged higher in August as the nation's worst flooding in a decade drove an increase in food costs and industrial growth

Hyundai Sonata Poised to Pass Accord in U.S.

Hyundai's popular new Sonata is on track to overtake the Honda Accord in this year's U.S. sales according to recent dealership figures, reported Chosun Ilbo.

India's Juy Industrial Output Shot Past Projections

India's industrial output grew 13.8 percent in July — far more than expected — rebounding from a 13-month low in June and adding to pressure

China Trade Surplus, Imports Both Surge in August

China's trade surplus hit its second-highest level this year in August, likely fueling U.S. demands for Beijing to ease currency controls.

Microsoft's Sleek IE 9 to Load Pages Faster

Microsoft Corp. is unveiling the "beta" test version of Internet Explorer 9 on Wednesday, the first of a new generation of Web browser programs

Samsung Tablets to Be Sold by Top U.S. Wireless Carriers

Samsung says all four major U.S. wireless carriers will sell its iPad-like tablet computer in the coming months.

3-D Grabs Center Stage at Tokyo Game Show

The Tokyo Game Show has a lot of people wearing dark glasses this year, with the buzz turning 3-D at the annual event that brings ...

Improving Jobs Data Shrugged Off by Wall Street

A September rally driven by economic reports regularly beating modest expectations appears to be on hold Thursday even after a weekly report

U.S. Trade Deficit Surges on Strong Car, PC Demand

Americans' stronger appetites for imported goods, especially cars and computers, lifted the broadest measure of the U.S. trade deficit in the second

Global Markets Dip Ahead of U.S Jobs Report

World markets mostly fell Thursday ahead of another set of U.S. jobs data and news that British retail sales fell in August for the first ...

Banks Let Foreclosed Stay Amid Saturated Market

Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis.

Sony Update Plays 3-D Movies on Playstation

Sony's PlayStation 3 game console will work as a Blu-ray disc player for 3-D movies and music videos, not just 3-D games, with a software ...

China Rejects U.S. Union Complaint over Clean Energy Support

China rejected a U.S. union's trade complaint over Beijing's support for clean energy industries and said Wednesday such criticism is hypocritical

Japan's Q2 Growth Was Much Higher Than Thought

Japan's economy wasn't quite as weak in the second quarter as first thought but faces a murky outlook, the government said Friday

Mastercard Sees 20% Profit Rise on Overseas Use

MasterCard Inc. expects its net income to rise at least 20 percent this year, helped by a small boost from foreign exchange and a modest

Foreign Investment in China Grew Slower in August

Foreign investment in China weakened again in August after rebounding from a slowdown earlier this year, the government reported Wednesday.

Japanese Stocks Soar on Weaker Yen

Japanese stocks jumped Wednesday, outperforming other world markets, after the Bank of Japan intervened in the currency markets

Twitter Adds Pane for Videos, Photos

Twitter is turning its text-messaging website into a multimedia showcase by adding a new pane that will make it easier for its 160 million users

Japan Intervenes to Weaken Yen, First Time Since 2004

Japan's finance minister has confirmed that Japan intervened in the currency market to weaken the yen, which had spiked to 15-year highs

Wall Street Continues Rising on Positive Retail Data

World stock markets were mixed Tuesday despite another gain on Wall Street as the dollar retreated to a new 15-year low against the yen

Obama Set to Win $30 Bil. Small Business Fund Bill

President Barack Obama is poised to win a long-sought victory as Senate Democrats appear likely to win a key vote that would clear the way

HP Outlasts Dell in Bidding War Over 3Par

Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc.

Stocks Slip on Europe Bank Fears, High Yen

Stock futures slipped to start the holiday-shortened week Tuesday after some fresh concerns about the health of European banks rattled overseas markets.

Top China Firms Surpass U.S. in Profit-to-Sales Ratios

The operating revenues of China's 500 largest firms rose to 41.5% of their U.S. counterparts, according to the China Enterprise Confederation

China Rises to Fifth in Oubound Direct Investment

The $56.5 billion China invested overseas in 2009 makes it the world's fifth largest global investor, reports China Daily citing the Ministry of Commerce.