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Democratic lawmakers sought to refute Republican criticism of the Obama administration for backing Solyndra LLC, disclosing e-mails showing the White House budget office disagreed with the Energy Department’s positive assessment of the failed solar-panel maker.
European governments hinted that bondholders may be saddled with bigger losses on Greek debt, intensifying market jitters that a second aid package designed to quell the fiscal crisis might unravel.
Record U.S. exports of gasoline and other refined oil products are poised to eliminate a glut of ships hauling the fuels next year, driving freight rates to a three-year high. Shipments in the first nine months were 24 percent higher than a year earlier.
The U.S. TSA began a program aimed at speeding the most frequent travelers through airport checkpoints without the usual security measures such as removing shoes.
Brazil’s industrial production fell in August for the third time in five months, providing more evidence that Latin America’s biggest economy is losing steam as markets sold off around the world on growth concerns.
Brazil’s central bank sees no need to cut interest rates as aggressively as it did after the collapse of Lehman Brothers Holdings Inc. in September 2008, a government official policy said.
Treasury 30-year bond yields touched the lowest level in more than two years as Federal Reserve Chairman Ben S. Bernanke prepared to address lawmakers in Washington on economic prospects.
Amanda Knox left Rome for the U.S. today after the 24-year-old American was acquitted by an Italian appeals court for her British housemate’s murder, ending almost four years in prison.
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Three U.S.-born scientists won the Nobel Prize in physics on Tuesday for their studies of exploding stars that revealed that the expansion of the universe is accelerating.
Islamist militants detonated a truck bomb in front of the education ministry in Somalia's capital, killing at least 70 people and wounding dozens, a rescue official said. Among the dead were students and parents.
An angry China warned Washington on Tuesday that passage of a bill aimed at forcing Beijing to let its currency rise could lead to a trade war between the world's top two economies.
Prime Minister Vladimir Putin has proposed forming a "Eurasian Union" of former Soviet nations, saying the bloc could become a major global player competing for influence with the United States, the European Union and Asia.
New orders for factory goods fell 0.2 percent in August for the second time in three months, suggesting a possible softening in the manufacturing sector.
Greece has enough money to pay pensions, salaries and bondholders through mid-November, the finance minister said Tuesday, as global markets sank on worries that a messy default could bring down European banks and trigger another global recession.
Ford says it will add 5,750 jobs and invest $4.8 billion in its factories as part of a new contract deal with the United Auto Workers union.
Oil fell to near $76 a barrel in Asia as fears intensified that Greece may not be able to crawl out from beneath a mountain of debt without defaulting.
Apple Inc. is unveiling a new, more powerful version of its wildly popular smartphone — more than a year after it launched the iPhone 4.
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