AP
NEW YORK – The Dow Jones industrial average stormed to its highest level in more than a year Monday as a falling dollar boosted prices for gold, oil and other commodities. Stocks also jumped as investors grew more confident that governments around the world will keep interest rates low to help the global economy. Full Story »
AP
WASHINGTON - All but one of the 19 largest banks have raised the extra capital cushion regulators said they'd need to withstand a deeper recession — a sign, the Treasury secretary said, of how much the financial system has improved since the crisis began. Full Story »
AP
NEW YORK - Robotic toy hamsters, the latest Barbie dolls and stylish boots are disappearing from store shelves as holiday shoppers start to get serious. But don't confuse this with the days of Tickle Me Elmo. Full Story »
AFP/File
LONDON (AFP) - The leading share index closed higher here on Monday on prospects for continued stimulus measures to underpin economic recovery in leading world economies. Full Story »
INDIANAPOLIS - Indiana taxpayers may not be in the mood to pay for bigger, better schools in tough economic times, but they're more willing to help school districts make ends meet in most cases. Full Story »
SAN FRANCISCO (Reuters) - Electronic Arts Inc posted a wider quarterly loss and said it would cut about 1,500 jobs, or about 17 percent of its workforce, in another round of restructuring for the video game publisher. Full Story »
AFP/File
LONDON (AFP) - European stock markets rose sharply on Monday as insurers rallied, while investors waited to see whether Kraft Foods would launch a hostile takeover bid for British confectioner Cadbury. Full Story »
AP
NEW YORK (Reuters) - Pay and venue were the focus of a jury's early deliberations on Monday in the trial of two former Bear Stearns hedge fund managers accused of fraud over dealings in mortgage-backed securities early in the financial crisis. Full Story »
Reuters
NEW YORK (Reuters) - As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer. Full Story »
NEW YORK - Four New York City homeowners have filed a lawsuit charging they were denied access to a federal home-refinancing program. Full Story »
AP
Oil prices shot above $80 a barrel Monday as a weakened U.S. dollar created more turbulence in energy markets than a storm heading into the Gulf of Mexico. Full Story »
NEW YORK - The life insurance subsidiaries of The Phoenix Companies Inc. received a ratings downgrade on Monday by Fitch Ratings. Full Story »
TALLAHASSEE, Fla. - The state is suing two central Florida companies for allegedly scamming homeowners trying to rescue their properties from foreclosure. Full Story »
When it comes to financial matters, Americans are functionally illiterate. Full Story »
Iran accused three detained Americans of spying Monday, signaling Tehran intends to put them on trial. It drew a sharp U.S. response that the charges are baseless because the hikers strayed across the border from Iraq. Full Story »
Electronic Arts plans to cut its work force by 17 percent as it tries to align its business with a transforming video game industry. Full Story »
British scientists begin a new study on Tuesday to consider how human DNA is used in animal experiments and to determine what the boundaries of such controversial science might be. Full Story »
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