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Dec. 4 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities climbed to the highest in a month amid signs the employment market is improving, signaling that interest rates on new home loans may extend a rebound from record lows.
Austrian police have arrested an American woman sought in connection with the killing of her ex-husband, who died when a pipe bomb exploded in his car more than a decade ago, law enforcement officials said Friday.
The Obama administration has secured promises from European and Japanese companies that they will create jobs in the U.S. if they win a slice of the president's $8 billion high-speed rail program.
Nelson Mandela, the global icon of peace who helped secure the first African World Cup, said Friday that he hoped the 2010 tournament would leave long-term benefits to South Africa. "We feel privileged and humbled that South Africa that has been given the singular honor of being the African host country," Mandela said in a video message to a draw ceremony that mixed glamour and sport...
Wistron's Simon Lin is reinventing the contract-manufacturing business model.
In Bolivia's biggest municipality, a scrub-brush expanse of cattle ranches and hardscrabble farms, Sunday's national elections aren't all about Evo Morales.
The unemployment rate fell to 10% in November as employers cut the smallest number of jobs since the recession began.
Stocks held moderate gains, but retreated from session highs at midday on Friday as investors wrestled with the prospect that the Federal Reserve might have to raise interest rates after data showed the economy shed far fewer jobs than expected last month.
A fire at an amusement center in a commercial building in Indonesia's third largest city killed at least 20 people and injured two others Friday, police said, adding that the death toll could rise.
World politicians will toss around the best ideas they have to get us out of the climate change mess we're in when they meet at the U.N. Copenhagen summit next week. Many people have suggested novel ways to combat the water pollution, smog, mounds of trash and global warming facing Earth. Here are some of the wackier (or at least, wackier-sounding) solutions ever proposed to solve Earth's ...
Twenty people were killed on Friday after a commercial building in Indonesia's Medan, North Sumatra province, caught fire in a blaze lasting an hour, police said.
Washington and Moscow pledged Friday to uphold the "spirit" of the START nuclear arms treaty and to seek a new agreement as soon as possible, hours before the landmark 1991 pact was to expire.
If flippers were the poster children of the real estate boom, then nesters are becoming the icons of the new housing market.
Twitter has built a mobile site from scratch for its social networking and microblogging service, acknowledging that the current one, while reliable, has an unimpressive user interface and a modest feature set.
Forget growth--General Electric's Jeff Immelt is on a mission to raise cash now.
An Edmond man has been sentenced to 30 months in prison for money laundering.
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