Feb
22

Jobs, factory, inflation data favor easy Fed policy

WASHINGTON (Reuters) - A raft of U.S. economic data on Thursday from claims for jobless aid to factory activity and consumer prices pointed to a still tepid recovery and supported the argument for the Federal Reserve to maintain its monetary stimulus. The Fed is currently buying $85 billion in bonds per month and has said it would keep up purchases until the labor market outlook improves...
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Feb
21

India Ink: Image of the Day: Feb. 20

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American Idol: Women Face Sudden-Death Round

American Idol By Jamie Bufalino 02/20/2013 at 11:00 PM EST Mariah Carey Mario Anzuoni/Reuters/Landov American Idol threw yet another new twist at its 40 remaining contestants: a sudden-death round. "One song, one chance, no mercy," Ryan Seacrest said as the first...
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Wall Street ends down sharply after Fed minutes

TORONTO, Feb 20 (Reuters) - Canada's Rebecca Marino, a rising star in women's tennis, stepped away from the sport in search of a normal life on Wednesday, weary of battling depression and cyber-bullies. Ranked number 38 in the world two years ago, the 22-year-old admitted she had long suffered from depression and was no longer willing to make the sacrifices necessary to reach the top. "After thinking...
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Feb
20

Prosecutors in Oscar Pistorius Case to Resist Bail

PRETORIA, South Africa — Prosecutors were expected on Wednesday to lay out their reasons for opposing bail for Oscar Pistorius, the double amputee global track star accused of the premeditated murder of his girlfriend — a crime he denies. Mr. Pistorius, 26, arrived early at a courthouse here in a police car, his head covered by a blue blanket, news reports said, to press his case to be released...
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What's Next for Mindy McCready's Two Young Boys?

By Steve Helling 02/19/2013 at 07:00 PM EST Mindy McCready's apparent suicide on Sunday has left her two young sons in custodial limbo.The boys – Zander, 6, and Zayne, 10 months – had been in state custody since Feb. 7, when McCready called police to ask for help in making her father and stepmother leave her...
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Asian shares hit 18-month high on growth hopes

TOKYO (Reuters) - Asian shares scaled their highest levels since August 2011 on Wednesday after an improving global economic outlook whetted investor appetite for risk, while the yen firmed amid doubts over Japan's commitment to drastic reflation. Asian shares have been on an uptrend as risks from the euro zone debt crisis and the U.S. fiscal impasse abated and signs of recovery emerged...
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Feb
19

President Sargsyan Wins Easy Victory in Armenia Election

President Serzh Sargsyan of Armenia easily won re-election to a second five-year term, according to preliminary returns released on Tuesday by the Central Election Commission. The preliminary results showed Mr. Sargsyan with about 59 percent of the vote, enough to win the presidency outright and avoid a runoff. The former foreign minister, Raffi Hovanessian, was a distant second with about...
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Mindy McCready: Under Police Scrutiny at Time of Suicide?

By Steve Helling and Mike Fleeman 02/18/2013 at 06:00 PM EST Mindy McCready and David Wilson Courtesy Mindy McCready When Mindy McCready talked to police in recent weeks, her account of how her boyfriend came to be found with a fatal gunshot wound to the head...
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Philippine, Aussie shares at new peaks; yen firms

TOKYO (Reuters) - Philippine and Australian shares scaled new heights on Tuesday but other Asian shares were mixed, with worries about the risk of an inconclusive outcome in Italy's election and about U.S. budget talks limiting the upside after strong rallies in early February. European markets looked set to inch higher, with financial spreadbetters predicting London's FTSE 100 <.ftse>,...
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