NEW YORK (Reuters) – U.S. mortgage applications rose for a second straight week, with demand for home refinancing loans rising to its highest level since early June, data from an industry group showed on Wednesday. Applications for loans to buy a ...

WASHINGTON (AFP) – The US economy stayed on a path of recovery from its deep recession as output shrank at an unrevised 1.0 percent annual pace in the second quarter, ...

GENEVA (AFP) – Top bank supervisors published plans for new accounting standards on Thursday, in a bid to prevent a replay of the recent financial crisis. The ...

DETROIT (Reuters) – Ford Motor Co (F.N) said on Thursday it is adding shifts at its truck plants in Michigan and Missouri in response to increased demand for its F-150 pickup trucks and Escape SUVs. Ford's Dearborn, Michigan, truck plant will ...

NEW YORK – Investors are putting the brakes on the market's recent rally despite more signs that the economy might be stabilizing. Stocks mostly fell Thursday, but were off their lows at midday, after a seven-day winning streak sent the Dow ...

BERN (AFP) – Switzerland said Thursday it signed a double taxation deal with France that would allow for data exchange aimed at clamping down on tax cheats. The agreement "contains a provision on ...

WASHINGTON (Reuters) – The U.S. economy shrank less than expected in the second quarter, despite a record drop in inventories, and fewer workers filed new claims for jobless benefits last week, a sign the economy was starting to heal. Gross domestic product fell at a 1.0 percent annual rate, unchanged from ...

WASHINGTON – The agency that guarantees bank deposits said Thursday there are no immediate plans to borrow money from the government to bolster its insurance fund, which has shrunk under the weight of collapsing banks. The fund ...

Boeing says its 787 aircraft will be ready for its first test flight by the end of this year and its initial delivery by the end of next year, sending its shares higher as it gives some clarity ...

WASHINGTON – The economy shrank at an annual rate of 1 percent in the spring, a better-than-expected showing and more evidence that the recession is drawing to a close. Many analysts believe the economy is growing in the current quarter, but they caution that any rebound will not be accompanied initially ...