Chinese property prices rose at the fastest pace in more than two years in major cities, defying tougher government curbs and constraining the ability of policy makers to ease credit in response to weakening economic growth.

President Barack Obama said Federal Reserve Chairman Ben S. Bernanke has stayed in his post �longer than he wanted,� one of the clearest signals the central bank chief will leave when his current term expires next year.

Mon Jun 17, 2013 6:22pm IST. NEW YORK, June 17 (Reuters) - Growth in the New York state manufacturing sector picked back up in June, but the details were less encouraging as new orders and employment fell to their lowest levels in five months, a report ...

By Chris Michaud. Tue Jun 18, 2013 1:16am EDT. (Reuters) - U.S. consumers are more satisfied with airlines in recent years but the industry still gets relatively low marks, mainly due to the onboard experience, according to a new customer poll released on ...

Mon Jun 17, 2013 11:50pm IST. * Most drug settlements may still be allowed. * Companies' share prices steady on Monday. By Lawrence Hurley and Diane Bartz.

By Stanley White. TOKYO | Mon Jun 17, 2013 11:35pm EDT. TOKYO (Reuters) - Japanese cabinet ministers welcomed the Group of Eight summit's stance on Tokyo's sweeping stimulus policies as a vote of confidence in the government's strategy to end 15 ...

Emergency Manager Kevyn Orr and Detroit's union leaders and pension fund representatives are gearing up to meet Thursday in what some experts said could be a pivotal turning point in efforts to keep Michigan's largest city out of bankruptcy.

Third Point LLC, the hedge fund led by billionaire Daniel Loeb, increased its stake in Sony Corp. (6758) while pushing for talks with the board on a proposed initial public offering of the company's entertainment business.

A major Smithfield Foods Inc. investor is pressuring the company to explore a breakup rather than follow through with its planned takeover by a Chinese meat producer, according to a letter reviewed by The Wall Street Journal.

A former McDonald's worker in Pennsylvania is suing a franchiser owner saying she was required to receive her wages through a debit card that charged fees, resulting in some hourly employees receiving less than minimum wage.