Is China finally cooling off?

Investors have piled $3.24 billion into China equity funds since the start of the year, taking advantage of the MSCI China’s 54% year-to-date returns. The S&P 500, meanwhile is up about 18%.

Microsoft’s Zune HD is no iPod killer

Microsoft’s Zune HD, which went on sale Tuesday, is more than just another portable media player trying to unseat Apple’s iPod.

Intel says $1B EU fine is based on mistakes

Intel Corp. is claiming in court documents that European Union regulators made serious mistakes in levying a record $1.45 billion fine for monopoly abuse last May.

Candidates’ Rapport at Debate Is a Lullaby for Germany

The debate between Chancellor Angela Merkel and Foreign Minister Frank-Walter Steinmeier was billed as a duel, but it will go down in history as “the duet.”

World Briefing | Europe: The Hague: Ex-Spokeswoman Is Fined

Florence Hartmann was found guilty of contempt for revealing confidential court decisions made by judges during the trial of Serbia’s ex-president, Slobodan Milosevic.

No job is safe in today’s tough labor market

As the unemployment rate climbs to almost 10 percent, no industry or profession has been spared when employers needed to cut jobs. That includes fields once considered untouchable.

Continue reading "Orleans DA: Inquiry into Memorial deaths is not an investigation"

New Orleans District Attorney Leon Cannizzaro, pictured here in May, said Friday he has not reopened the investigation in the deaths after Katrina at Memorial Medical Center.

The Saturday Profile: On Web, Storeroom Crooner From Tajikistan Is a Star

The rise of Baimurat Allaberiyev, a migrant worker in Russia who delivers astonishing renditions of Bollywood musical numbers, is a testament to the strange power of the Internet.

There is life after Lehman

As head of the global structured finance syndicate at Lehman Brothers (he was promoted to a different job in 2006), Kevin White created the kind of collateralized debt securities that fueled the financial bubble — and still bedevil many bank balance sheets.

Is this rally for real?

If you had the courage to buy stocks when the market hit bottom in March, congratulations! The S&P 500 and Dow Jones industrial indexes are near highs for the year after soaring around 50% since then.

Trade, jobless claims figures show recession is fading

Washington » The ending of the recession is reviving global trade, increasing U.S. imports by a record amount in July and boosting foreign demand for American goods for a third straight month.

The Card Game: Overspending on Debit Cards Is a Boon for Banks

Banks have long pitched debit cards as a convenient and prudent way to buy, but a growing number now allow consumers to exceed their balances — for a price.

Buyer power is new reality of housing market

The American dream of homeownership is still attainable. Buyers just have to deal with a new set of realities.

Frugality is the new normal, by necessity

Like the Great Depression in the 1930s, the Great Recession seems destined to turn many Americans into lasting coupon-cutters, scrimpers and savers.

Retail sales: Not so bad is good

Young shoppers cruised the aisles looking for back to school supplies at the Staples Office Supply store in Springfield, Ill., last week.

FDA Confirms Animal Found Inside Diet Soda Is Frog

The unknown animal found inside a can of Diet Pepsi drank by a man from Ormond Beach, Florida last July was a frog or toad, the Food and Drug Administration has confirmed after testing the product.

Fed Officials Think — Maybe — Economy Is On Rebound

Federal Reserve officials are cautiously optimistic that the economy is turning around.