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    • A vacant home for sale is pictured in Yonkers
      Mortgage applications tumble as rates … Reuters - 3 hours ago

      NEW YORK (Reuters) - Interest rates on home mortgages rose last week to hit their highest level in over a year, sapping demand from potential homeowners, data from an … More »Mortgage applications tumble as rates …

      A vacant home for sale is pictured in Yonkers

      NEW YORK (Reuters) - Interest rates on home mortgages rose last week to hit their highest level in over a year, sapping demand from potential homeowners, data from an industry group showed on Wednesday. Rates climbed 2 basis points to average 4.17 in the week ended June 14, according to the Mortgage Bankers Association. …

    • President and CEO of Boeing Commercial Airplanes Conner and Ryanair Chief Executive O'Leary pose during a signing ceremony at the 50th Paris Air Show near Paris
      Orders top $100 billion as Ryanair gives … Reuters - 1 hour 43 minutes ago

      By Alwyn Scott and Maria Sheahan PARIS (Reuters) - Orders at the Paris Airshow surpassed $100 billion on Wednesday, as planemakers Boeing and Airbus cashed in on demand … More »Orders top $100 billion as Ryanair gives …

      President and CEO of Boeing Commercial Airplanes Conner and Ryanair Chief Executive O'Leary pose during a signing ceremony at the 50th Paris Air Show near Paris

      By Alwyn Scott and Maria Sheahan PARIS (Reuters) - Orders at the Paris Airshow surpassed $100 billion on Wednesday, as planemakers Boeing and Airbus cashed in on demand for fuel-efficient jets and growth in both budget carriers and emerging markets. Ryanair, Europe's biggest low-cost airline, finalized an order for 175 …

    • An aerial view of the 50th Paris Air Show, at the Le Bourget airport near Paris
      Boeing's new Dreamliner steps up big … Reuters - Tue, Jun 18, 2013 10:51 AM EDT

      By Alwyn Scott and Tim Hepher PARIS (Reuters) - Boeing launched a larger version of its flagship Dreamliner aircraft at the Paris Airshow on Tuesday, intensifying the … More »Boeing's new Dreamliner steps up big …

      An aerial view of the 50th Paris Air Show, at the Le Bourget airport near Paris

      By Alwyn Scott and Tim Hepher PARIS (Reuters) - Boeing launched a larger version of its flagship Dreamliner aircraft at the Paris Airshow on Tuesday, intensifying the battle with rival Airbus in the booming market for fuel-efficient, long-haul jets. The hotly anticipated announcement of the 787-10 Dreamliner, with 102 firm …

    • Narayen, president and chief executive officer of Adobe Systems Inc., speaks in New York
      Adobe profit beats as Creative Cloud … Reuters - 17 hours ago

      By Sruthi Ramakrishnan (Reuters) - Adobe Systems Inc, which makes the Photoshop and Acrobat software, reported a higher-than-expected adjusted quarterly profit as demand … More »Adobe profit beats as Creative Cloud …

      Narayen, president and chief executive officer of Adobe Systems Inc., speaks in New York

      By Sruthi Ramakrishnan (Reuters) - Adobe Systems Inc, which makes the Photoshop and Acrobat software, reported a higher-than-expected adjusted quarterly profit as demand rose for Creative Cloud, the subscription-based version of its flagship software package. Shares of the company rose 4.4 percent in after-market trading. …

    • An aerial view of the 50th Paris Air Show, at Le Bourget airport near Paris
      U.S. arms companies see rising foreign … Reuters - 1 hour 2 minutes ago

      By Andrea Shalal-Esa PARIS (Reuters) - U.S. arms makers see rising foreign demand for fighter jets, missile defense systems and other weapons as countries modernize their … More »U.S. arms companies see rising foreign …

      An aerial view of the 50th Paris Air Show, at Le Bourget airport near Paris

      By Andrea Shalal-Esa PARIS (Reuters) - U.S. arms makers see rising foreign demand for fighter jets, missile defense systems and other weapons as countries modernize their forces and U.S. officials, facing tighter budgets, encourage allies to invest more in intelligence gathering and aerial refueling equipment. U.S. Air …

    • Traders work on the floor at the New York Stock Exchange
      Wall St. dips after recent rally as … Reuters - 57 minutes ago

      By Rodrigo Campos NEW YORK (Reuters) - Stocks dipped modestly at the open on Wednesday, but held on to most of their gains over the last two days, ahead of a highly anticipated … More »Wall St. dips after recent rally as …

      Traders work on the floor at the New York Stock Exchange

      By Rodrigo Campos NEW YORK (Reuters) - Stocks dipped modestly at the open on Wednesday, but held on to most of their gains over the last two days, ahead of a highly anticipated Federal Reserve statement and news conference. The Fed will release a policy statement at 2:00 p.m. EDT, which will be followed soon after by a …

    • Workers build a booth for Dish, a satellite TV provider, as they prepare for the International CES show at the Las Vegas Convention Center in Las Vegas
      Softbank closer to acquiring Sprint … Reuters - 6 hours ago

      By Sophie Knight and Sinead Carew TOKYO/NEW YORK (Reuters) - Japan's SoftBank Corp cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp, … More »Softbank closer to acquiring Sprint …

      Workers build a booth for Dish, a satellite TV provider, as they prepare for the International CES show at the Las Vegas Convention Center in Las Vegas

      By Sophie Knight and Sinead Carew TOKYO/NEW YORK (Reuters) - Japan's SoftBank Corp cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp, as rival bidder Dish Network Corp declined to make a new offer after SoftBank sweetened its own bid last week. SoftBank Chief Executive Masayoshi Son …

    • U.S. Federal Reserve Chairman Bernanke speaks during a news conference in Washington
      Fed seen keeping options open on pace … Reuters - 6 hours ago

      By Alister Bull WASHINGTON (Reuters) - Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, … More »Fed seen keeping options open on pace …

      U.S. Federal Reserve Chairman Bernanke speaks during a news conference in Washington

      By Alister Bull WASHINGTON (Reuters) - Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labor market continues to improve. Economic data since the 19 officials …

    • Prices are seen on goods in a shop window in New York City
      Inflation data points to firming ec … Reuters - 21 hours ago

      By Jason Lange WASHINGTON (Reuters) - Inflation showed signs of stabilizing in May after a long decline, a potential comfort to Federal Reserve policymakers who want … More »Inflation data points to firming ec …

      Prices are seen on goods in a shop window in New York City

      By Jason Lange WASHINGTON (Reuters) - Inflation showed signs of stabilizing in May after a long decline, a potential comfort to Federal Reserve policymakers who want to avoid any chance of a debilitating bout of deflation. The Labor Department said on Tuesday the consumer price index edged 0.1 percent higher last month …

    • The Google logo is seen on the top of its China headquarters building in Beijing
      Google challenges surveillance court … Reuters - 17 hours ago

      SEATTLE (Reuters) - Google Inc asked the U.S. Foreign Intelligence Surveillance Court on Tuesday to allow it to publish aggregate numbers of national security requests … More »Google challenges surveillance court …

      The Google logo is seen on the top of its China headquarters building in Beijing

      SEATTLE (Reuters) - Google Inc asked the U.S. Foreign Intelligence Surveillance Court on Tuesday to allow it to publish aggregate numbers of national security requests it receives separately from criminal requests, on First Amendment grounds. In its filing, Google requested the court to allow it to publish the aggregate …

    • File photo of U.S. President Obama meeting with Federal Reserve Chairman Bernanke at the White House in Washington
      Obama says Bernanke has 'stayed a lot … Reuters - 23 hours ago

      By Steve Holland WASHINGTON (Reuters) - President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve … More »Obama says Bernanke has 'stayed a lot …

      File photo of U.S. President Obama meeting with Federal Reserve Chairman Bernanke at the White House in Washington

      By Steve Holland WASHINGTON (Reuters) - President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying Ben Bernanke has stayed a lot longer than the current chairman had originally planned. Obama, speaking to Charlie Rose, host of a PBS interview …

    • A smartphone user shows the Facebook application on his phone in Zenica, in this photo illustration
      Exclusive: Facebook reaches 1 million … Reuters - 18 hours ago

      By Jennifer Saba (Reuters) - Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for … More »Exclusive: Facebook reaches 1 million …

      A smartphone user shows the Facebook application on his phone in Zenica, in this photo illustration

      By Jennifer Saba (Reuters) - Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth. A vast majority of those advertisers are small business owners who have flocked to the world's No. …

    • An Eurofighter Typhoon jet is seen with weapons in a static display area, two days before the opening of the 50th Paris Air Show, at the Le Bourget airport
      New Eurofighter chief aims to make jet … Reuters - 6 hours ago

      PARIS (Reuters) - The new chief of the Eurofighter Typhoon will lay out plans by the end of this year to make the fighter jet cheaper and decision-making quicker, as … More »New Eurofighter chief aims to make jet …

      An Eurofighter Typhoon jet is seen with weapons in a static display area, two days before the opening of the 50th Paris Air Show, at the Le Bourget airport

      PARIS (Reuters) - The new chief of the Eurofighter Typhoon will lay out plans by the end of this year to make the fighter jet cheaper and decision-making quicker, as the aircraft gears up to vie for more business in an increasingly crowded and competitive market. Alberto Gutierrez, the former head of operations at EADS …

    • Handlers scan and affix a courier route label onto packages moving down the belt at the Marina Del Rey, California FedEx station
      FedEx posts higher-than expected profit, … Reuters - 26 minutes ago

      By Nivedita Bhattacharjee (Reuters) - FedEx Corp reported a higher-than-expected quarterly profit on Wednesday, sending its shares higher, but the world's biggest air-freight … More »FedEx posts higher-than expected profit, …

      Handlers scan and affix a courier route label onto packages moving down the belt at the Marina Del Rey, California FedEx station

      By Nivedita Bhattacharjee (Reuters) - FedEx Corp reported a higher-than-expected quarterly profit on Wednesday, sending its shares higher, but the world's biggest air-freight company said it was cutting more capacity between the United States and Asia. The company, considered an economic bellwether because of the massive …

    • World Bank President Jim Yong Kim speaks at a Thomson Reuters Newsmaker event, at Canary Wharf in east London
      World Bank watching Fed, ready to r … Reuters - 2 hours 59 minutes ago

      By Paul Ingrassia and Mike Peacock LONDON (Reuters) - The World Bank is concerned about the spillover effects on developing countries of a slowing of U.S. money creation … More »World Bank watching Fed, ready to r …

      World Bank President Jim Yong Kim speaks at a Thomson Reuters Newsmaker event, at Canary Wharf in east London

      By Paul Ingrassia and Mike Peacock LONDON (Reuters) - The World Bank is concerned about the spillover effects on developing countries of a slowing of U.S. money creation and will move to provide affordable capital when borrowing costs rise, its president said on Wednesday. The U.S. Federal Reserve has sparked a bout of …

    • Airbus' President and CEO Bregier, Air France-KLM incoming Chief Executive de Juniac and Rolls-Royce's President of Civil Large Engines Schulz, shake hands after a signing ceremony at the 50th Paris Air Show near Paris
      Airbus wins A350 order from Air Fra … Reuters - 5 hours ago

      PARIS (Reuters) - Airbus sealed a long-awaited order for 25 A350-900 aircraft from Air France-KLM worth $7.2 billion at list prices after Rolls-Royce and the airline … More »Airbus wins A350 order from Air Fra …

      Airbus' President and CEO Bregier, Air France-KLM incoming Chief Executive de Juniac and Rolls-Royce's President of Civil Large Engines Schulz, shake hands after a signing ceremony at the 50th Paris Air Show near Paris

      PARIS (Reuters) - Airbus sealed a long-awaited order for 25 A350-900 aircraft from Air France-KLM worth $7.2 billion at list prices after Rolls-Royce and the airline reached a deal over engine maintenance. The airline also took a further 25 options on the planes, the companies said at the Paris Airshow on Wednesday. Industry …

    • Traders work on the floor at the New York Stock Exchange
      Wall St. extends rise, investors see … Reuters - 18 hours ago

      By Ryan Vlastelica NEW YORK (Reuters) - Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted … More »Wall St. extends rise, investors see …

      Traders work on the floor at the New York Stock Exchange

      By Ryan Vlastelica NEW YORK (Reuters) - Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts. Strong market breadth showed an increased appetite for equities, but trading volume …

    • The City of London business district is seen through a wire fence in London
      Britain says reckless bankers could … Reuters - 53 minutes ago

      By Matt Scuffham LONDON (Reuters) - Bankers who are reckless with customers' or taxpayers' money could face criminal charges and have bonuses and pensions clawed back, … More »Britain says reckless bankers could …

      The City of London business district is seen through a wire fence in London

      By Matt Scuffham LONDON (Reuters) - Bankers who are reckless with customers' or taxpayers' money could face criminal charges and have bonuses and pensions clawed back, according to proposals backed by Britain's prime minister on Wednesday. Many Britons blame bankers' risk-taking for the 2008 financial crisis and subsequent …

    • A Bay St sign, a symbol of Canada's economic markets and where main financial institutions are located, is seen in Toronto
      Canada net foreign debt drops almost … Reuters - 2 hours 9 minutes ago

      OTTAWA (Reuters) - Canada's net foreign debt dropped almost 25 percent in the first quarter of 2013 as higher foreign stock markets boosted the value of Canadian assets … More »Canada net foreign debt drops almost …

      A Bay St sign, a symbol of Canada's economic markets and where main financial institutions are located, is seen in Toronto

      OTTAWA (Reuters) - Canada's net foreign debt dropped almost 25 percent in the first quarter of 2013 as higher foreign stock markets boosted the value of Canadian assets abroad, Statistics Canada said on Wednesday. Net foreign debt fell to C$231.3 billion ($226.8 billion) from C$302.1 billion in the fourth quarter, the agency …

    • The logo of Kabel Deutschland is written on a door bell at the Kabel Deutschland playout center in Frankfurt
      Vodafone raises Kabel Deutschland offer … Reuters - 15 hours ago

      (Reuters) - Britain's Vodafone Group Plc has raised its preliminary offer to buy Germany's largest cable operator, Kabel Deutschland Holding AG, a day after U.S. media … More »Vodafone raises Kabel Deutschland offer …

      The logo of Kabel Deutschland is written on a door bell at the Kabel Deutschland playout center in Frankfurt

      (Reuters) - Britain's Vodafone Group Plc has raised its preliminary offer to buy Germany's largest cable operator, Kabel Deutschland Holding AG, a day after U.S. media group Liberty Global Plc made a rival bid, Bloomberg reported on Tuesday, citing people familiar with the bid. Bloomberg reported that Vodafone told Kabel …

     
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