Oil prices hit four-month peaks on Fed stimulus Global oil prices soared Thursday to new four-month highs, as the US Federal Reserve announced a new round of quantitative easing to stimulate the flagging economy.
14 September 2012 19:10
Asian Apple-linked shares mixed after iPhone 5 launch Stocks in Apple's Asian component suppliers were mixed Thursday after the launch of the iPhone 5, with analysts citing uncertainty over its impact in the hugely competitive smartphone market.
13 September 2012 14:53
Leaders, markets brace for German court's euro ruling Germany's top court will hand down a momentous ruling on a new European crisis firewall Wednesday, in a decision with far-reaching implications for the future of the euro.
12 September 2012 11:41
Americans more likely to see selves as lower class More Americans -- including growing numbers of young people and whites -- see themselves as members of the lower classes, according to a study released Monday.
11 September 2012 11:54
Obama: Romney's math doesn't add up President Barack Obama mocked Mitt Romney's "two plus one equals five" economics Sunday, poking his Republican foe as he enjoyed a polling spurt after the Democratic convention.
Poor US jobs report puts Obama on back foot Mitt Romney used a terrible US jobs report to hammer President Barack Obama on the economy Friday, leaving the White House incumbent flat-footed on the defining issue of the 2012 race.
09 September 2012 13:11
Intel jolts sector with lowered outlook Intel Corp. stunned the tech sector Friday by sharply cutting its revenue outlook for the current quarter, citing weak demand for personal computers and slower growth from emerging economies.
08 September 2012 16:28
US pleased with APEC 'green' products list The United States welcomed Friday a deal to cut tariffs on dozens of "green" products in the Asia-Pacific, saying it would boost the region's economies as well as help protect the environment.
08 September 2012 11:05
EU businesses urge China's new leaders to speed reforms China's upcoming political changes represent a breakthrough chance to boost its economy by accelerating reforms and fostering innovation, a European business group said Thursday.
06 September 2012 19:01
Clinton believes in Obama 'with all my heart' Bill Clinton told Americans Wednesday he believed "with all my heart" that President Barack Obama saved the economy, had left them better off than four years ago and should be re-elected.
Republicans slam Obama as US debt tops $16 trillionRepublicans pinned America's "crushing" fiscal burden squarely on President Barack Obama on Tuesday after the national debt passed $16 trillion just before the Democratic National Convention opened.
05 September 2012 19:00
Tensions set to cloud APEC summit Asia-Pacific leaders gather in Russia's far east this weekend for talks aimed at promoting trade but territorial disputes and other regional tensions may cloud the event.
05 September 2012 18:41
Moody's downgrades EU rating outlook to 'negative' Moody's on Monday lowered the European Union's long-term issuer rating outlook from stable to negative, saying the move reflected credit risks of the bloc's key budget contributors.
Judgement day looms for euro When the history books come to be written about the euro, September 12, 2012 could well prove one of the most significant dates in the life of the embattled single currency.
03 September 2012 11:45
Winds of crisis blow through Venice film festival For all the glamorous seaside partying at the Venice film festival, there is a distinct air of austerity at this year's edition for an industry that is questioning its economic future.
03 September 2012 11:21
Bernanke signals desire for more Fed stimulus US Federal Reserve Chairman Ben Bernanke expressed deep worry over the US economy Friday and argued for fresh action to stimulate growth from the central bank.