NEW YORK (Reuters) – Wall Street's mettle will be tested this week as traders return from summer vacations to resurfacing signs of weakness after a six-month rally for stocks.
The specter of September ...
WASHINGTON – A year after the near-collapse of Fannie Mae and Freddie Mac, the mortgage giants remain dependent on the government for survival and there is no end in sight.
The companies, created ...
WASHINGTON (Reuters) – The U.S. Federal Housing Administration said on Friday it would not need a congressional subsidy even if mortgage-related losses push its reserves below a level demanded by Congress.
Rising losses at the FHA, part of the U.S. Department ...
NEW YORK – Where do we go from here?
A year after edging dangerously close to free fall, there are signs the economy is regaining a foothold. But Americans' sense of financial security is badly shaken and ...
VIENNA – With oil prices about where OPEC wants them and a modest economic upturn in the offing, the oil cartel isn't likely to tighten the taps when its leaders meet this ...
SAN FRANCISCO - Amazon.com Inc. is offering free books or $30 to Kindle customers whose copies of the George Orwell novels "1984" and "Animal Farm" were deleted from their electronic reading devices in July.
When Amazon erased the books ...
SHANGHAI (AFP) -
Apple's iPhone will soon officially go on sale in China, more than two years after its US debut, but it may not make much of a splash, with smuggled units and similar devices available, analysts say.
China Unicom ...
HELSINKI (AFP) - Faced with increased competition from up-and-coming rivals, Finnish telecom giant Nokia plans to launch a slew of new products this year but analysts say it faces a tough battle to hold on to ...
HANOI, Vietnam (AFP) - A Vietnamese blogger who was arrested in a recent crackdown and who also printed T-shirts to protest a controversial mining project has been released after a week in custody, he told AFP Sunday.
Bui Thanh ...