LAREDO, Texas - A U.S. program that offers trusted trucking companies speedy passage across American borders has begun attracting just the sort of customers who place a premium on avoiding inspections: Mexican drug smugglers.
WEST PALM BEACH, Fla. - The federal government said Monday that it has found a "strong association" between problematic imported Chinese drywall and corrosion of pipes and wires, a conclusion that supports complaints by thousands of homeowners over the last year.
WASHINGTON - A lot more Americans are feeling stressed out by debt this holiday season, raising the glum likelihood they'll behave like Scrooge rather than Santa.
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.
MUMBAI (Reuters) - Leading Indian outsourcers such as Tata Consultancy , Infosys and Wipro stand to gain contracts worth about $1 billion in the next one or two years as U.S. banks emerge from the troubled asset relief program, the Economic Times reported on Monday.
WASHINGTON (Reuters) - Sales of previously owned U.S. homes rose in October at a faster-than-expected pace to the highest in more than 2-1/2 years as buyers rushed to take advantage of a popular tax credit, a survey showed on Monday.
WASHINGTON - Home sales surged for the second month in a row in October, climbing to the highest level in 2 1/2 years as first-time buyers rushed to take advantage of an expiring tax credit.
WASHINGTON - First-time buyers taking advantage of a special tax credit gave sales of existing homes in October their biggest surge in a decade, raising hopes for a turnaround in the housing market and pleasing Wall Street.
ALLENTOWN, Pa. - Jon Gosselin offered his estranged wife a bouquet of red roses at their divorce arbitration hearing over the weekend. She evidently turned them down. Despite the snub, the marathon session went so well that the feuding stars of "Jon & Kate Plus Eight" could be divorced by the end of the year, his attorney said Monday.
WASHINGTON - Failure is not an option on health care, a leading Democratic senator said Monday, even as Republicans turned up the heat on moderates who hold the fate of the legislation in their hands.
WASHINGTON - President Barack Obama said Monday the nation's economy is in good shape for the long term thanks to "core strengths" such as its universities, its innovation and a dynamic workforce.
GUANGZHOU, China - Hundreds of residents worried about property values and health risks protested Monday against the planned construction of a trash incinerator in the southern boomtown of Guangzhou.
WASHINGTON - Hey kids, grab those beakers and Petri dishes, the White House is going to hold a science fair.
NEW YORK/LONDON (Reuters) - Gold scaled a record high at $1,173.50 an ounce on Monday as a weaker dollar boosted buying in gold as a hedge against depreciation of paper currencies.
ARTOIS, Calif. - An oil boom is under way in California's agricultural heartland, as evolving tastes and a trend toward healthy fare have transformed a profession as old as civilization: olive production for the extra virgin market.
BERLIN - McDonald's is going green — swapping its traditional red backdrop for a deep hunter green — to promote a more eco-friendly image in Europe.
NEW YORK - Artist Nate Giorgio recalls the last time he saw Michael Jackson, just days before the singer's death.
LONDON - World markets rose sharply Monday amid further hopeful signs about the global economic recovery. Commodity stocks led the charge, particularly in London, after gold hit another record high.
NEW YORK (Reuters) - U.S. stocks snapped a three-day losing streak on Monday as stronger-than-expected home sales data fueled optimism while a weaker dollar boosted commodity-linked stocks.
WASHINGTON - Sen. Charles Schumer says majority Democrats will push through a bill overhauling the health care system with or without Republican support.
(Reuters) - Several U.S. policy makers consider JPMorgan Chase & Co Chief Executive Jamie Dimon as a potential successor to U.S. Treasury Secretary Timothy Geithner, the New York Post said, citing sources.
PARK FALLS, Wis. - Forests are a treasure trove of limbs and bark that can be made into alternative fuels and some worry the increasing trend of using that logging debris will make those materials too scarce, harming the woodlands.
WASHINGTON (Reuters) - Sales of previously owned U.S. homes jumped last month to their highest level in more than 2-1/2 years, but a fall in an economic gauge was a reminder that recovery from recession would be patchy.
GENEVA - 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.
NEW YORK - Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection filing of Taylor, Bean & Whitaker Mortgage Corp.
New York (Reuters) - Sales of existing U.S. homes likely rose for a second consecutive month in October, reaching their highest since July 2007, according to a Reuters poll, as buyers scrambled to take advantage of greater affordability and a first-time home buyer tax credit.
WASHINGTON - More than 2.1 million drop-side cribs by Stork Craft Manufacturing are being recalled, the biggest crib recall in U.S history, following reports of four infant suffocations.
LONDON (AFP) - Global stock markets rose sharply on Monday as the dollar weakened, mirroring surging commodities, while signs of a possible international battle for British confectioner Cadbury focused traders' minds.
NEW YORK (Reuters) - Gold scaled a record high on a weak dollar and global stocks jumped on Monday after better-than-expected U.S. home sales data and rosy economic news in the euro zone bolstered appetite for riskier assets.
Although home sales surged last month, many housing experts--and even real estate agents' own trade group--are expecting the market to retrench in the coming months as the jolt from a tax incentive's previously impending deadline subsides. On a seasonal basis, existing home sales jumped 10 percent last month from September and nearly 24 percent from October 2008, the National Association of Realtors reported Monday. ...