China, Japan to Back Direct Trade of Currencies - Bloomberg

Japan and China will promote direct trading of the yen and yuan without using dollars and will encourage the development of a market for companies […]

Economy ends tough 2011 on a surprising upswing

The economy is ending 2011 on a roll.
The job market is healthier. Americans are spending lustily on holiday gifts. A long-awaited turnaround for the depressed […]

Hundreds of immigration law foes rally in Alabama

Hundreds of advocates for immigrants who gathered outside Alabama’s state Capitol are calling for the repeal of a controversial law that they say harkens back […]

Bud Light names new ad agencies

Bud Light has a new ad shop. Two, actually.
Anheuser-Busch InBev said Monday that it has hired McGarry Bowen as lead creative agency for the nation’s […]

Reid says House payroll tax cut dead in Senate

Senate Majority Leader Harry Reid says his chamber won’t approve a House Republican bill extending the payroll tax cut that also clears the way for […]

Arch Coal settles W.Va. pollution claims

Arch Coal Inc. has agreed to pay $350,000 to settle claims of unpermitted mine discharges in West Virginia.
Creve Coeur-based Arch didn’t admit any alleged violations […]

Egypt’s military takes credit for election turnout

Egypt’s military rulers were quick to take credit Tuesday for a strong turnout in the first elections since Hosni Mubarak’s ouster, a vote that appeared […]

Stock futures falling ahead of economic data

U.S. stock futures are falling on worries about global economic growth.
Stock markets in Asia fell after a survey showed manufacturing falling in China, the world’s […]

Younger investors find gold alluring

The allure of gold is thousands of years old, but nowadays the precious metal has a youthful look.
Gold’s spectacular, decade-long run, coupled with the sovereign-debt […]

World stocks drop as Italy debt woes brew

World stock markets fell Tuesday amid simmering concerns over whether Italy would ever grow robustly enough to repay its massive debts.
Benchmark crude hovered above $98 […]