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Obama touts revised economic growth numbers

New evidence of economic growth is heartening and underscores that companies are investing and consumers are spending, President Barack Obama said Thursday.

Asian shares slump as Ukraine tensions flare

Asian shares slumped in early trading on Friday, after flaring Ukraine tensions ruined investors' appetite for risk and bolstered the safe‑haven...

A look at US, European sanctions on Russia

With Russian tanks apparently crossing into southeastern Ukraine, President Barack Obama is suggesting the possibility of more sanctions on Russia.

South Korea industrial output up for two straight months

South Korea's industrial output grew for the second straight month in July, raising expectations that the country's sluggish economy might be...

Dollar General says committed to Family Dollar deal

Dollar General says committed to Family Dollar deal

Malaysia's Petronas signs $550 mn Argentine shale deal

The Malaysian and Argentine state energy firms Petronas and YPF signed a deal Thursday to invest $550 million to develop shale oil in Argentina's...

California environmentalists decry feds' fire plan

Federal forest officials say they were trying for a balanced approach in new plan to allow loggers to remove dead wood from a massive California wildfire,...

Japan household spending slumps, output flat as tax pain persists

Japanese household spending fell more than expected and factory output remained anaemic in July after...

Huge waves wow throngs in Southern California

Southern California is seeing the kind of epic surf usually associated with Hawaii or Tahiti. Beaches are thronged with wave riders and crowds are coming...