News and Finance

The economy grew in the first quarter, but not quite as much as originally reported, the government said Thursday.
The gross domestic product, the […]

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Ice Edge Holdings, one of the investor groups aiming to buy the Phoenix Coyotes, pulled off an April Fool's joke on one of Canada's largest […]

Greece won’t default on its debt or abandon Europe’s single currency, said Luxembourg’s Jean-Claude Juncker, who heads the group of euro-area finance ministers.
“Two […]

The euro zone’s top economic officials pressed China on Sunday to let the yuan resume its gradual rise but said they were not counting […]

The sweet smell of success in China right now carries a whiff of garlic.
A combination of H1N1 virus fears and dwindling supply has increased the […]

U.S. consumer confidence edged only slightly lower in November after a sharp drop in October, indicating that the upcoming holiday shopping season could see […]

The U.S. Senate’s top Democrat and top Republican each voiced support on Wednesday for extending a soon-to-expire $8,000 tax credit for homebuyers, but left […]

Lenovo, the world’s fourth-biggest personal computer maker, expects a boost in its PC sales from the launch of Microsoft’s new operating system, Windows 7, […]

New Zealand’s central bank will wait until July before starting an “aggressive” series of increases in the benchmark interest rate, said JPMorgan Chase & […]

Microsoft has no plans to develop a digital book reader to compete with the fast-growing popularity of Amazon’s Kindle or a device that rival […]