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Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Updated: 1 hour 12 min ago
Data shows economic recovery still on track
WASHINGTON (Reuters) - New U.S. claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.
Iran says to free one American detainee
TEHRAN (Reuters) - Iran will release on Saturday one of three detained American citizens accused of espionage, an official told Reuters on Thursday.
U.S. appeals court puts on hold stem cell funding ban
WASHINGTON (Reuters) - A U.S. appeals court granted on Thursday an Obama administration request for an emergency stay that temporarily lifts a judge's ban on federal funding of research involving human embryonic stem cells.
Obama warns Koran-burning would boost al Qaeda
WASHINGTON (Reuters) - President Barack Obama warned Thursday that an obscure U.S. Christian pastor's plan to burn the Koran on September 11 could provoke al Qaeda suicide bombings, and Asian countries urged Washington to prevent the act.
U.S. Marines seize ship from pirates in the Gulf of Aden
DUBAI (Reuters) - U.S. Marines boarded and seized a commercial German vessel in the Gulf of Aden that had been attacked and boarded by pirates a day earlier, the U.S. Fifth Fleet said in a statement on Thursday.
Obama: Top aide Emanuel would make "terrific" mayor
WASHINGTON (Reuters) - President Barack Obama said his hard-nosed chief of staff Rahm Emanuel would make a terrific mayor of Chicago but expects him to wait until after the November congressional elections to decide whether to run.
Economists cut U.S. growth forecast again
WASHINGTON (Reuters) - Projected U.S. economic growth for the rest of this year and next was revised down for a third month in a row by a panel of about 50 economists.
Obama says planned Koran burning is boosting Qaeda
WASHINGTON (Reuters) - President Barack Obama warned on Thursday that a Florida pastor's plan to burn copies of the Koran is being used as an al Qaeda recruitment tool and he urged the minister to reconsider the decision.
Health reforms trigger spending shift
WASHINGTON (Reuters) - New U.S. reforms are poised to dramatically shift the nation's healthcare spending, not only curbing Medicare costs but also pumping more money toward the private sector as roughly 32 million people gain coverage.
British MPs to grill BP CEO Hayward
LONDON (Reuters) - British Members of Parliament (MPs) will next week grill outgoing BP Plc Chief Executive Tony Hayward, as part of an investigation into risks around deepwater drilling in the North Sea.
Seven Mexican gunmen arrested in migrant massacre
MEXICO CITY (Reuters) - Mexican authorities arrested seven suspected drug cartel members believed to have killed 72 migrants heading to the United States, in what is said to be the worst massacre in the country's escalating drug war, the government said on Wednesday.
Afghanistan seeks to dilute foreign anti-graft role
KABUL (Reuters) - Afghanistan will limit foreign involvement in two major anti-crime units in a move likely to worry its Western backers and stoke fears about President Hamid Karzai's commitment to fighting endemic graft.
U.S. slips in WEF's competitiveness rankings
BEIJING (Reuters) - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth after losing the top spot last year, according to the World Economic Forum's annual rankings issued on Thursday.
Mysterious N.Korea keeps world guessing on rare meeting
SEOUL (Reuters) - North Korea's capital is ready for its biggest political event in decades: giant billboards proclaim an event to make the country's "history shine forever," the dress rehearsals are complete and the army is ready.
Karzai aims to limit foreign role in probes: report
WASHINGTON (Reuters) - Afghan President Hamid Karzai intends to impose rules restricting international involvement in anti-corruption investigations, The Washington Post reported on Thursday.
B vitamins found to slow progression of dementia
LONDON (Reuters) - Daily tablets of large doses of B vitamins can halve the rate of brain shrinkage in elderly people with memory problems and may slow their progression toward dementia, data from a British trial showed on Wednesday,
Obama: U.S. can't afford to extend tax cuts for rich
PARMA, Ohio (Reuters) - President Barack Obama, fighting to keep Democrats in charge of Congress, said on Wednesday the United States could not afford to extend Bush-era tax cuts for the rich and accused Republicans of being fiscally irresponsible.
New clashes erupt at Mexico's Cananea copper mine
MEXICO CITY (Reuters) - Fresh clashes erupted on Wednesday between union workers and company contractors at the massive Cananea copper mine in northern Mexico leaving several people severely injured, the local government said.
BP points fingers in oil spill blame game
LONDON/WASHINGTON (Reuters) - BP Plc and its Gulf of Mexico oil well partners traded blame on Wednesday after an internal BP investigation tried to downplay the company's role in the world's biggest offshore spill.
Florida pastor not backing down on Koran-burning
GAINESVILLE, Florida (Reuters) - An obscure U.S. Christian pastor whose plan to burn copies of the Koran on September 11 has sparked an international outcry said on Wednesday he would go ahead with the event despite warnings it would endanger American troops in Afghanistan and Iraq.
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