IMF Boosts Global Growth Forecast Despite Risks

The global economy is recovering faster than expected but Europe's debt crisis might stall the rebound and governments need to shore up shaky

German Imports Outsurged Strong Exports in May

German exports rose by a healthy 9.2 percent on the month in May as an improving global economy stoked demand, while imports surged

Japan Machinery Orders Fell 9.1% in May

Japan's machinery orders, a closely watched indicator of future business investment, dropped more than expected in May, signaling that a recovery

YouTube Tries to Emulate Boob Tube

YouTube is trying to become as brainless and painless to watch as the boob tube. In the process, the Web's leading video site hopes to ...

Massive ABC IPO Reflects China Cash Squeeze

Agricultural Bank of China's $22 billion initial public offering is making headlines as potentially the world's biggest. It also underlining the cash squeeze

Wall Street Hit by Late Slide in Financials

Financial companies dragged stocks lower Monday as already anxious investors grew even more uncertain about the U.S. government's financial overhaul

Durable Goods Orders Rise 2.9% in April

Orders to U.S. factories for big-ticket manufactured goods surged in April, propelled by a rebound in demand for commercial aircraft.

Recovery Gains Steam in Developed Economies

Ghosn Charged Up about Leaf Electric's U.S. Debut

Nissan Motor Co. CEO Carlos Ghosn said Tuesday he's not bothered by skepticism about the company's upcoming Leaf electric car because thousands

Dow's Intraday Plunge Signals Turbulence Ahead

The Dow Jones industrials plunged below 10,000 to their lowest level of the year Tuesday before a late-day rebound that erased most of the losses

Home Prices Fell from February to March

Home prices fell in March from the previous month, a sign of a weakening housing market despite historically low mortgage rates and now-expired

Consumer Confidence Rises Again in May

Americans' confidence in the economy rose in May for the third straight month in a row, fueled by growing optimism about future job prospects.

Wal-Mart Slashes 3G iPhone Prices in Half

Wal-Mart says it's cutting the price of the most up-to-date iPhone in half. That's another sign Apple is getting ready to unveil a new model.

Asian Stocks Slide on Euro Pessimism

Asian stock markets tumbled Tuesday, extending a sell-off that sent Wall Street lower overnight as the sliding euro hit exporters amid a new wave

U.S. Drivers Still Showing Restraint at Gas Pump

Although gasoline prices are dropping ahead of the Memorial Day weekend and the start of the summer driving season, there's no sign motorists

Durables, New Home Sales Buffer Against Europe

Sales of new homes posted another large gain in April as buyers rushed to sign contracts before government tax credits expired.

Toyota Halts U.S. Sale of Lexus LS Pending Fix

Toyota Motor Corp. has stopped sales of the Lexus LS sedan for about three weeks while it works to get parts to dealers to fix ...

Yahoo Turns Over Mapping, Navigation to Nokia

Nokia Corp. will run mapping and navigation services for Yahoo Inc. in an acknowledgement that the slumping Internet company hasn't kept up with rival

Euro Down Again on Spain Bank Nationalization

The euro dropped sharply Monday after the weekend's de facto nationalization of a regional bank in Spain reignited fears about the continent's debt

2.7 Mil. Log on for Halo Game Beta Test

Master Chief isn't lacking for friends. More than 2.7 million people logged onto the video game "Halo: Reach," the upcoming prequel to the first-person shooter ...

IBM to Buy AT&T's Sterling for $1.4 Bil.

IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other

Europe Debt Woes Weigh on Stocks Again

European stock markets fell again Monday ahead of an expected lower opening on Wall Street as the euro was back under pressure.

Asian Stocks Gain Ground After Selloff on Euro Jitters

Asian stocks markets were mostly higher Monday but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump

Chrysler Adds 1,100 Jobs at Detroit Jeep Plant

Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers

Costco Profits Jump 46% on Sales, Memberships

Costco Wholesale Corp.'s profit climbed 46 percent in the fiscal third quarter as sales and membership revenue both rose.

Japan Factory Output Up for 2nd Straight Month

Japan's industrial production rose for a second straight month in April propelled by robust growth in China and the rest of Asia.

April Consumer Spending Hints at Slow Recovery

Consumer spending was stagnant in April while incomes posted a tiny advance, signs that the economic recovery could slow.

iPad Launch Draws Long Lines in Asia, Europe

Shoppers are mobbing Apple's flagship store in London in hopes of getting the gadget of the moment — the iPad.

Suicide-Plagued Foxconn Raises Worker Wages

The Taiwanese electronics company buffeted by a spate of suicides at its China factories said Friday it will raise the pay of workers by an ...

Japan Carmakers Enjoy Sales, Export Boom in April

Japan's biggest automakers posted major production and sales gains in April, as robust growth in China and elsewhere in Asia continued to fuel demand.

Ford May Be About to Discontinue Mercury Line

Mercury could soon be the latest Detroit car brand to disappear. Ford Motor Co. is assessing the future of Mercury, although a final decision

J&J Probed for "Phantom Recall" of Pain Relievers

Congressional investigators said Wednesday that Johnson & Johnson hired a private company that bought up defective packets of pain relievers in 2008

Stocks Surge on Word China to Hold European Debt

Stocks had another turnaround Thursday and rocketed higher after China reassured investors it doesn't plan to sell the European debt it holds.

Tiffany Profits Double on Soaring Asia Sales

Jewelry and gift seller Tiffany & Co.'s net income more than doubled in the first quarter as its revenue rose in the U.S. and soared ...

Stocks End Higher After Year's Biggest Slide

Stocks ended sharply higher a day after posting their biggest drops in more than a year.

Honda China Plant Stopped by Worker Strike

Honda's four auto assembly plants in China have ground to a halt after workers at a parts maker went on strike demanding better wages.

Asia, Europe Stocks Rise on Asian, U.S. Data

World stocks rose Thursday as investors put Europe's debt problems behind them — for now — and instead concentrated on strong Asian economic growth

China's Stock Market Defies Robust Real Growth

Shanghai has Wall Street-size ambitions for its financial markets, and this month, it got a charging bronze bull to match those aspirations.

Asian Stocks Fall on Europe Debt Fears

Asian stock markets fell in early trading Thursday after the Dow Jones industrial average closed below the 10,000 line for the first time in nearly

Yahoo Paints Brighening Picture Through 2013

Yahoo Inc. raised its financial target Wednesday, reflecting expectations that the Internet company will attract more online advertisers as it reaps savings

Feds Profit from $6.2 Bil. Sale of Citigroup Stock

The Treasury Department said Wednesday it raised $6.2 billion from the sale of 1.5 billion shares of Citigroup stock it received as part of the ...

Euro Slide Pushes Dow to Sub-10K Close

A drop in the euro set off a late-day slide in stocks Wednesday and sent the Dow Jones industrial average to its first close below ...

Facebook Faces Growing Privacy Protests

Facebook is simplifying its privacy controls amid growing unrest from many of its users.

Stocks Recover from 184-Point Dow Slide

Stocks had another wild day, but there was no big event, no surprise announcement behind the swings.

EU Regulators Ban Some Kinds of Naked Short Selling

Germany's market regulator announced a ban Tuesday on so-called naked short-selling of eurozone government debt and shares of major financial

Yahoo to Buy Freelance News Outlet Associated Content

Yahoo Inc. is buying freelance news site Associated Content in a deal that will add a more folksy touch to one of the world's biggest ...

Construction Permits Fall, Wholesale Prices Slip

Construction of homes surged in April to the highest level in 18 months, fueled by buyers capitalizing on an expiring tax credit.

Google Buys Global IP to Boost Video Offerings

Google Inc. is buying Global IP Solutions Holding AB for $68.2 million in cash in a move to expand its Internet video and audio offerings

China Expects Higher Inflation in May, June

China's inflation should rise slightly in May and June but the overall increase in consumer prices for the first half should be just 2.5 percent

Vodafone Yearly Profits Double on Asia Growth

Vodafone Group PLC, the world's largest mobile telephone company, saw its full year profit more than double as strong growth in Asia