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.

China's new home prices rose in almost all cities in May, led by major centers, as the government's latest property measures failed to deter buyers.

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 ...

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.

Daniel Loeb, the US hedge fund manager who is urging Sony to spin off its film and music arm, has stepped up pressure on the Japanese group on the day of its annual shareholders' meeting by revealing that he has increased his already top-ranking ...

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 ...

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.

By Lisa Twaronite. TOKYO | Sun Jun 16, 2013 5:10pm EDT. TOKYO (Reuters) - Abenomics' massive monetary stimulus was supposed to depress long-term interest rates to spur economic activity, but the Japanese government bond market has other ideas.

Smithfield Foods Inc. (SFD) said it will review a letter from a major investor that is pressuring the pork producer to explore a breakup instead of following through with its planned takeover by Shuanghui International Holdings Ltd.

Singapore has been hit by severe haze from forest fires in nearby Indonesia, prompting a health alert from the government. The Pollutant Standards Index (PSI) reached 155 on Monday evening, well above the healthy limit of 100, and the highest level since ...