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AP - 2 hours , 19 minutes ago
Home sales far exceeded expectations last month, surging to the highest level in 2 1/2 years as first-time buyers rushed to take advantage of an expiring tax credit.
 
  • Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue to keep a tight rein on spending, according to a new survey.
  • A leading Senate Democrat said Monday his party is determined to push through a health care overhaul bill with or without Republican support because the "system is broken."
  • Gas prices fall to begin busy travel week
    AP - 1 hour , 23 minutes ago
    Retail gasoline prices headed downward to begin one of the country's busiest travel weeks, with more than 33 million people expected to hit the road for the Thanksgiving holiday.
  • US details assets seized from Fla. lawyer
    AP - 1 hour , 25 minutes ago
    A sports car worth nearly $2 million, an 87-foot yacht and a guitar collection worth as much as $20,000 were among the assets seized from a South Florida lawyer suspected of operating a massive fraud scheme, according to a court filing Monday.
  • General Motors Co. on Monday asked European governments to help pay most of the euro3.3 billion ($4.9 billion) it needs to restructure its struggling European operations.
  • Campbell Soup earnings rise as expenses fall
    AP - 2 hours , 56 minutes ago
    Campbell Soup Co., the world's largest soup maker, said Monday its first-quarter earnings rose 17 percent as lower costs and more efficient supply chain offset the impact of a decline in soup sales.
  • Charlie Chaplin's last home in Switzerland will be turned into a permanent place of pilgrimage for fans of the actor who immortalized the "Little Tramp," one of his sons said Monday.
  • Dollar decline continues as stocks jump
    AP - 1 hour , 56 minutes ago
    The safe-haven dollar began the week lower as a Federal Reserve official urged the continuation of stimulus programs and as home sales in October greatly exceeded market expectations, revving up traders' taste for higher-yielding assets.
  • Xerox Corp. said Monday that a pension fund has dropped a lawsuit over provisions in the copier company's purchase of Affiliated Computer Services Inc. that would have made it tough for a better buyout offer to succeed.
  • Tyson Foods Inc. said Monday a hefty impairment charge in its beef business left it with a loss for the fourth quarter, but said its sales rose and its chicken business was profitable for the second straight quarter.



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