BEIJING (Reuters) - Foreign firms and individuals will be allowed to set up limited partnership firms in China from March 2010, a move that could make it easier for some overseas investors to tap the domestic market. Full Story »
AP
NEW YORK - Electronics sellers and online merchants thrived in November, particularly the start of the holiday shopping season, but clothing and luxury merchants struggled, according to estimates released Wednesday. Full Story »
WASHINGTON (Reuters) - Congressional Democrats' push for another U.S. stimulus package got a boost on Tuesday from an analysis that found their earlier effort had blunted the impact of the worst economic downturn in 80 years. Full Story »
AP
WASHINGTON - As unemployment spikes, the cost of compassion is going up too. Full Story »
Economic reports signal modest growth ahead Full Story »
SPRINGFIELD, Ill. - With unemployment rising, Democrat Dan Hynes is promising to bring more jobs to Illinois by encouraging innovation, particularly in transportation, agriculture and other fields where the state has a strong track record. Full Story »
AP
NEW YORK - The economic recovery seems on track for slow but steady gains after new reports Tuesday showed growth in manufacturing activity, construction spending and contracts to buy homes. Full Story »
IOWA CITY, Iowa - Jobs with the U.S. Census Bureau could alleviate the residual pangs of the recession in some areas of Iowa — at least for a while. Officials in one city with high unemployment wish the jobs were headed their way, temporary as they may be. Full Story »
Reuters
DETROIT (Reuters) - U.S. auto sales edged higher in November, led by an outsized gain for Hyundai Motor Co (005380.KS) and mixed results for rivals in a trend automakers said pointed to a grudging recovery in the U.S. economy. Full Story »
Reuters
ROCHESTER, New York (Reuters) - The U.S. Federal Reserve must be prepared to raise interest rates if needed before the jobless rate has fallen to an "acceptable level", or risk losing its inflation-fighting credibility, a senior Fed official said on Tuesday. Full Story »
LANSING, Mich. - Unemployment rates have edged lower in 14 of Michigan's 17 major labor markets. Full Story »
AFP/Getty Images/File
NEW YORK (AFP) - Bailed-out US insurance giant AIG said Tuesday it had agreed to provide an equity stake in two subsidiaries to the Federal Reserve in a move to cut its debt to the central bank by 25 billion dollars. Full Story »
WASHINGTON - The Treasury Department said Tuesday it will begin auctioning warrants of Capital One Financial Corp., marking the latest government effort to rein in emergency rescue programs set up during the height of the financial crisis last year. Full Story »
PHOENIX - Universal Technical Institute Inc., a trade school for automotive, motorcycle and boat repair, said Tuesday its fiscal fourth-quarter profit soared as a record number of students enrolled amid the economic slump. Full Story »
MANUFACTURING REBOUND: The Institute for Supply Management's manufacturing index showed slower growth in November, but new orders jumped. That means factories are more likely to boost production in the months ahead. Full Story »
INDIANAPOLIS - An Indiana Senate committee got a jump-start Tuesday on discussing bills on unemployment taxes and property tax caps and plans to vote on them next week — about a month before the full Legislature convenes. Full Story »
A look at economic developments and activity in major stock markets around the world Tuesday: Full Story »
SAN FRANCISCO - Shares of several chip makers rose Tuesday, helped by economic reports that lifted the overall market and an industry report that showed global semiconductor sales continued to improve in the third quarter. Full Story »
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