Germany: No proof sprouts caused E. coli outbreak

In a surprising U-turn, German officials said initial tests published Monday provided no evidence that sprouts from an organic farm in northern Germany were the […]

Visa to offer one-stop online credit card shop

Visa Canada is staking a bigger claim to the Internet shopping market saying it plans to launch a

Italy tug apparently seized by Libya military

Libyan military officials on Sunday boarded an Italian tugboat docked at Tripoli’s port and threatened to suspend its communications in an apparent seizure, ship owner […]

Average rate on 15-year mortgage dips below 4 pct.

Fixed mortgage rates tumbled this week and the 15-year loan dipped below 4 percent for the first time in three months. Rates followed the yield […]

ECB Seeks to Shed ‘Uncomfortable’ Bond-Buying Duty: Euro Credit - Bloomberg

The European Central Bank is eager for Europe’s rescue fund to take responsibility for buying government bonds. Germany, though, may resist the switch.
“The ECB […]

Stocks will swing, so be ready

People are feeling better about their 401(k), IRA and college fund balances after a 95 percent upswing in the stock market healed some of the […]

Obama Likely to Name Lawrence Summers’s Successor in January, Gibbs Says - Bloomberg

A successor to National Economic Council Director Lawrence Summers will probably be named next month, White House press secretary Robert Gibbs said today.
Summers is […]

2nd blast ends hopes for survival of 29 NZ miners

Elation over a possible rescue attempt quickly turned to anguish for the families of 29 New Zealand miners missing underground since last week when a […]

Hong Kong’s Crackdown on Surging Property Prices Has Homebuyers Sidelined - Bloomberg

Businessman William Yue was close to buying an apartment worth about HK$11 million ($1.4 million) in Hong Kong’s Kowloon Tong district. He may not be […]

House GOP blocks bill to extend jobless benefits

Republicans in the House Thursday blocked a bill that would have extended jobless benefits for the long-term unemployed beyond the holiday season. An extension of […]