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Defense cuts test lawmakers' resolve on deficits
Lawmakers who came to Washington demanding budget cuts face a tough test now that President Barack Obama and military leaders want to shrink the force, shut down bases and cancel weapons to achieve them.A ...
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World stocks mixed amid Greek debt fears
World stock markets were mixed Monday as fears of a Greek debt default dampened the euphoria from a stronger-than-expected increase in U.S. jobs.Benchmark oil fell to near $97 per barrel while the dollar ...
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Super Bowl ads battle for championship
The pressure was on. The tension was thick. And then, there were yawns in between.The Super Bowl may have been a nail biter, but the ads were a snooze.Clint Eastwood waxed for two minutes about Detroit ...
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IMF warns Europe downturn could cut China growth
A sharp downturn in Europe could cut China's economic growth rate nearly in half, the International Monetary Fund said Monday, adding to warnings about a possible severe global slowdown this year.The IMF ...
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Greek crisis talks for debt deal pushed to Monday
Crisis talks on a debt deal for Greece among the three leaders of parties supporting the coalition government were suspended and will continue Monday.Greece is racing to finalize austerity reforms needed ...
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China bars its airlines from paying EU carbon tax
China announced Monday it will prohibit its airlines from paying European Union charges on carbon emissions, ratcheting up a global dispute over the cost of combatting climate change.The charges are aimed ...
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Oil near $97 as traders eye Greek debt talks
Oil prices fell to near $97 a barrel Monday in Asia amid investor concerns about Greek debt talks.Benchmark crude for March delivery was down 53 cents at $97.31 a barrel at late afternoon Singapore time ...
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ALBA countries to pool funds in joint bank
An eight-nation bloc of Latin American and Caribbean countries agreed on Sunday to deposit 1 percent of their international reserves into a jointly administered development bank as they seek to deepen ...
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From relief to despair: Varying views of jobs data
Month by month, the U.S. job market is regaining its health.So many jobs are being added that the unemployment rate has dropped for five straight months. At 8.3 percent, it's at a three-year low.Whether ...
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Air France keeps long-haul flights during strike
Air France says it expects to maintain more than 85 percent of its long-haul flights and 80 percent of European flights when pilots, cabin crew and other personnel begin a four-day walkout Monday to protest ...
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