Pending Sales of Existing U.S. Homes Probably Climbed in January

The number of contracts to buy previously owned U.S. homes probably rose 1 percent in January for a second month, showing the extension of […]

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Nobel Winners Stiglitz, Solow Back Brown on U.K. Deficit Cuts

Nobel Prize-winning economists Joseph Stiglitz and Robert Solow are among 67 economists to support Prime Minister Gordon Brown’s argument that it’s too soon to […]

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Pimco’s El-Erian Favors Brazil’s Bonds, Chinese Yuan

Mohamed A. El-Erian, whose company runs the world’s biggest mutual fund, favors investments in emerging markets on expectations they’ll outpace developed economies in growth […]

Stocks in broad-based rally

Stocks rallied Thursday as investors sorted through a bevy of reports on jobs, housing, net worth and the deficit — and opted to scoop […]

Oil steadies near $76

U.S. crude prices fell toward $76 a barrel Thursday as weak U.S. service sector data and rising U.S. oil inventories outweighed losses in the […]

LinkedIn co-founder sees IPO likely, but not soon

LinkedIn, the world’s biggest professional social network, will probably pursue an initial public offering some time but not in the near future, co-founder and […]

Housing and retail news give TSX a boost

The Toronto stock market closed in positive territory Monday as gold hit a new record high and investors took in favourable housing and retail news.
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Private equity firms mull future as asset managers

Private equity firms will need to become more like asset managers, offering buyouts as just part of their portfolio, or else focus tightly on […]

Starbucks beats view, raises targets

Starbucks Corp raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on […]

Motorola Q4 outlook raises hope of turnaround

Motorola Inc forecast a higher-than-expected profit for the current quarter, as it begins to sell two phones based on Google Inc’s Android software in […]