Two years of laborious negotiations on a climate agreement ended Friday with a political deal brokered by President Barack Obama with China and other emerging powers but denounced by poor countries because it was nonbinding and set no overall target for curbing greenhouse gas emissions.
Asian stock markets retreated Friday as worries — from weak job figures in the U.S. to the prospect of more stringent capital requirements for banks — checked appetite for riskier assets.
Japan’s central bank said Friday it was crucial for the country to beat deflation and it would not accept continued price declines.
Stock futures are indicating a lower opening on Wall Street following declines in overseas markets after the Federal Reserve indicated it would start pulling back some emergency supports as the economy improves.
The rise of smart phones, with their go-anywhere Web access, is changing the shopping game this holiday season. Tech-savvy shoppers are finding it easier than ever to work the system to get the best deals.
The Federal Trade Commission sued Intel Corp. on Wednesday, looking to block pricing deals and other tactics the government said the world’s biggest chip maker has used to snuff out competition.
The economy is weak enough to keep inflation in check but strong enough to increase the pace of home construction and raise hopes for a sustained recovery.
Boeing Co.’s new 787 jetliner finally took to the skies Tuesday, more than two years later than the company had planned.
Evidence that the economic rebound could eventually raise inflationary pressures emerged in a report Tuesday that wholesale prices surged last month.
Wells Fargo plans to sell $10.4 billion in new stock to help repay all $25 billion in bailout aid it received from the government at the height of the market meltdown last fall.
The animated musical “The Princess and the Frog” jumped to No. 1 at the box office with $24.2 million in its first weekend of nationwide release.
Risking the wrath of Democrats, Sen. Joseph Lieberman, I-Conn., threatened Sunday to join Republicans in opposing health care legislation if it permits uninsured individuals as young to 55 to purchase Medicare coverage.
As police cracked down on climate protesters, church bells tolled 350 times Sunday to impress on the U.N. global warming conference a number that is gaining a following, but is also awash in contradictions.
President Barack Obama singled out financial institutions for causing much of the economic tailspin and criticized their opposition to tighter federal oversight of their industry.
The Democratic-controlled Senate on Saturday cleared away a Republican filibuster of a huge end-of-year spending bill that rewards most federal agencies with generous budget boosts.