Global Markets

Global market overview: Stocks rebound in Asia as eurozone worries recede and investors take relief from US Beige Book, while yen continues to hover near record highs.

The FTSE 100 continued to drift lower with retail stocks unsettled by news of falling profits and a forecast of further low margin growth in the sector from two of its constituents

The region’s indices make progress for the first time in three sessions, with the pressure Japanese exporters eased by waning haven demand for the yen

Bank stocks recovered from Tuesday’s losses, with JPMorgan Chase and Co up 2.2% and the BKW bank index up 1.7%

The MSCI index of Asia Pacific stocks outside Japan was up 0.5%, led by early gains in the materials sector

Canadian dollar advances after the Bank of Canada raises interest rates, striking a more hawkish tone than expected

Government transportation spending is full of costly boondoggles.

Traders sold on forecasts of a strong crop in Ivory Coast, which accounts for 40 per cent of global output

US stocks rose as concerns about Europe’s debt problems eased and investors shrugged off the Fed’s Beige Book, which reported a slowdown in the US economic recovery

California regulators are seeking fines of up to $9.9 billion from Pacificare over allegations the health insurer mismanaged claims from physicians, failed to make payments in a timely matter and other violations.

Those who oppose higher taxes and are fed up with record levels of U.S. debt may pine for Ronald Reagan, the patron saint of lower taxes and smaller government.

One of the Internet's most iconic images -- Google's search screen -- is being overhauled.

Stocks ended Wednesday higher as investors shifted their focus from worries about European banks to President Obama's $350 billion jobs recovery plan.

Borrowers who are up-to-date with their payments but have seen their home's value drop way below their loan amount could get help from a new government program.

Wider market reversed opening losses, with the FTSE 100 ending less than 10 points away from its four-month high

The economy grew at a sluggish pace through the summer months, and there are now "widespread signs" thatactivity is slowing, the Federal Reserve said Wednesday in its latest snapshot of regional economic conditions.

Does allowing the jobless to get nearly two years of unemployment checks give them an incentive to not work?

In May, less than a month after the blowout of the Deepwater Horizon oil rig in the Gulf of Mexico, a key milestone was achieved with little notice: Total U.S. supplies of petroleum and products refined from it (including the Strategic Petroleum Reserve) surpassed 1.8 billion barrels, reaching the highest level in the last 20 years. Since then the total has continued to edge upward, hitting 1.87 billion barrels in the week ended August 27, according to the Energy Information Administration.

Smartphones may be pretty uniform in price at the store, but what they cost to manufacture - and their price without a two-year contract -- varies wildly.