New Jobless Claims Jump Most in Three Months

The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months.

Vanishing Inflation Helps Consumers, Borrowers

Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows.

Staples Income Rises on Sales Growth

Staples Inc.'s first-quarter net income climbed 30 percent as both its North American and international sales improved.

Sears Income Falls on Bigger Appliance Discounts

Sears Holdings Corp.'s first-quarter net income fell 38 percent on thinner profit margins at its Sears chain, squeezed by discounts on appliances.

Toyota to Be Fined Record $16.4 Mil. for Late Recall

The government accused Toyota of hiding a "dangerous defect" and proposed a record $16.4 million fine on Monday for failing to quickly alert regulators

Half of U.S. Households Pay No Income Tax

Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it's simply somebody else's problem.

Growth Expected to Slow in 2010 for Rich Countries

Growth in leading rich economies will slow in the first half of this year, with the United States and Japan outpacing sluggish Europe

Japan Central Bank Leaves Interest Rate Unchanged

Asian Stocks Continue Rally on Strong Growth Signs

Asian stock markets were mostly higher Wednesday amid expectations low global interest rates will continue to fuel strong economic growth.

Renault-Nissan Ties Up with Daimler for Parts, Research

Renault SA and Nissan Motor Co. will unveil a parts-sharing and research alliance with German automaker Daimler AG

Verizon CEO Refuses to Confirm iPhone Tieup

Verizon CEO Ivan Seidenberg says the company has told Apple that it wants to carry the iPhone. But he declined to say when — or ...

Samsung Sees Spectacular Jump in Q1 Profits

Samsung Electronics Co. on Tuesday forecast a surge in first quarter operating profit to near-record levels, heading into a year for which the biggest flat

Prius Tops Japan Car Sales for 11th Month

Toyota's Prius hybrid was Japan's top-selling car in March for an 11th straight month despite global recall woes, an industry group said Tuesday.

Hitachi Sees Green Refocus As Path to Profitability

Money-losing Hitachi will focus on ecological businesses including hybrid railways and batteries for green cars in its latest effort to return to profitability

GM to Repay Some Gov't Loans Five Years Early

General Motors Co., steadily returning to health after its near-collapse in 2009, said Wednesday it plans to pay off its government loans by June

Service Growth, Home Sales Data to Stimulate Hiring

Employers holding out for more evidence that the economic recovery is finally taking hold got some Monday: The nation's service sector is growing quickly

Shortened URLs Not As Risky As Once Thought

Link-shortening services such as TinyURL seem ideal for criminals because they can disguise the names of malicious sites. Yet on Twitter

Interest Rates Rise on Stronger Growth Data

Interest rates rose Monday in the bond market on fresh signs the economy is continuing its slow, steady recovery.

Apple Sells 300,000 iPads on Debut Day

Apple says it sold more than 300,000 iPads on Saturday, the day it debuted across the country.

Asia Stocks Gain on U.S. Job Gain

Asian stock markets were mostly higher Monday after an encouraging U.S. jobs report offered the latest sign the global economy is on the mend.

Apple iPad Arrives Amid Anticipation, Scorn

Apple Inc. began selling its much-anticipated iPad on Saturday, drawing eager customers intent on being among the first owners of the tablet-style devices.

China Steel Buyers Seek Clout Against Mining Giants

A state-affiliated industry group vowed Friday to tighten control over iron ore trading as Chinese steelmakers discussed strategy for contentious price talks

Sharp Debuts No-Glasses 3-D for Portable Devices

Sharp's latest 3-D displays deliver bright, clear imagery without the cumbersome glasses usually required for such technology.

Asian Markets Rise on Signs of Solid U.S. Growth

Asian stock markets rose slightly Friday after expanding U.S. manufacturing suggested the world's biggest economy is poised for solid growth

Bank of Korea Keeps Key Rate at Low 2%

South Korea's central bank left its key interest rate at a record low Friday as its new governor begins weighing when to end an 18-month-old ...

Paramount Bundles Movies with Seagate Hard Drives

Paramount Pictures is exploring a new frontier by participating in an offer to sell Seagate Technology hard drives with a copy of the latest "Star ...

China Continues Oil Binge with Syncrude Buy

China's not done shopping the globe for oil. On Monday, a Beijing-backed oil producer announced the country's largest deal

GM Says Chevy Volt Electric on Target for Dec Launch

Real-world tests show that General Motors Co.'s rechargeable electric car can travel 40 miles on battery power as promised

Budget Deficit Falls to $65.4 Bil. for March

The budget deficit for March showed a dramatic decline as the Obama administration formally entered a lower ultimate cost for the government's $700 billion

Microsoft Kin Phones to Take on iPhone, Blackberry

Microsoft Corp. unveiled two cell phones Monday that are meant for social networking-savvy teens and twenty-somethings, in an attempt to revitalize

Hawaiian Tops in Service Among 18 Busiest Carriers

Hawaiian Airlines again tops a list of 18 of the nation's busiest carriers for best service. Closely trailing is low-cost carrier AirTran.

GM China Sales Surge Past Sales in U.S.

General Motors Co. said Monday demand in China is so strong that the company's annual sales may top 2 million vehicles this year — four ...

China Suffers First Trade Deficit in Six Years

China reported a $7.24 billion trade deficit in March, its first in almost six years, though the trend is likely to be short-lived.

Dow Crosses 11,000 on Growth Signs

The stock market closed at a new 18-month high Friday, with the Dow Jones industrial average briefly touching 11,000 before retreating slightly.

Most New Jobs in 3 Years Added in March

The nation's economy posted its largest job gain in three years in March, while the unemployment rate remained at 9.7 percent for the third straight ...

Asian Stocks Rise Ahead of GDP Numbers

Asian stock markets were mostly higher Friday ahead of the region's first peek next week at first quarter economic growth numbers.

China Car Sales Jumped 63% in March

China's passenger car sales jumped 63 percent in March from a year earlier as manufacturers scrambled to meet strong demand driven

Apple iPhone to Finally Join Rivals in Multitasting

Apple Inc.'s iPhone and iPad devices will soon be able to run more than one program at a time, an ability that phones from Apple's ...

Initial Jobless Claims Rise Unexpectedly

The number of newly laid-off workers seeking unemployment benefits rose last week, a sign that jobs remain scarce

Intel Software Can Read Thoughts

Mind reading may no longer be the domain of psychics and fortune tellers — now some computers can do it, too.

World Stocks Fall on Greek Debt Fears

World markets slid Thursday amid mounting worries about a potential Greek debt default as the country's borrowing costs continue to go through the roof.

Retailers Report 4th Consecutive Month of Growth

Warmer weather and an earlier Easter enticed shoppers into stores for spring merchandise in March, helping retailers post strong sales gains for the month.

Toyota Exec Said We Need to Come Clean

Five days before Toyota announced a massive recall, a U.S. public relations executive at the automaker warned colleagues in an internal e-mail: "We need to ...

United, US Airways in Merger Talks

United Airlines and US Airways are in talks about combining into what would be the nation's second-biggest airline, a person with knowledge of the situation

China's Geely to Buy Volvo for $1.8 Bil.

Zhejiang Geely Holding Group signed a binding deal Sunday to buy Ford Motor Co.'s Volvo Cars unit for $1.8 billion

World Stocks Gain on Brightening U.S. Outlook

World stocks rose Tuesday as the outlook for economic recovery brightened after upbeat consumer spending figures in the U.S. The euro also gained

Japan February Factory Output Broke Rising Trend

Cautious Japanese companies laid off more workers and hit the brakes on production in February, sending factory output down for the first time in a ...

iPad May Be Kindle's First Serious eBook Threat

Amazon.com, which has dominated the young but fast-growing electronic book market for the past few years with the Kindle

Geithner Says Commercial Real Estate Loans Problematical

Mounting losses from commercial real estate loans will continue to be a problem for the U.S. and especially smaller banks, but it can be managed

Consumer Spending Rise Shows Decent Recovery Pace

Consumers spent modestly last month, a sign that the economic recovery is proceeding at a decent — but not spectacular — pace.