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  • Market Pros Think It's Time To Buy US Stocks Again Tuesday, 27 May 2008 | 1:48 PM ET

    Investors who spent the past nine months avoiding the US stock market and economy by snapping up multinational companies are now coming back home.

  • Inflation, Credit Worries Dent Europe Stocks Tuesday, 27 May 2008 | 1:01 PM ET

    A bout of risk aversion dented European stocks on Tuesday as jitters grew over potential credit-related problems at banks and inflation, while typically defensive stocks such as pharmaceuticals and food rallied.

  • Fed Won't Let Inflation Spiral Out of Control: Yellen Tuesday, 27 May 2008 | 12:06 PM ET
    Janet L. Yellen

    The Federal Reserve will not repeat the policy mistakes of the 1970s by letting inflation spiral out of control, San Francisco Federal Reserve Bank President Janet Yellen said Tuesday.

  • Just how much more, is a bit less encouraging. As percentage rise increases, those willing to pay more declines. Only 5 percent said they would be willing to pay 15 percent or more. And a full 34 percent said they were opposed to any increase at all.

  • Fed's Kroszner Sees Housing Improving by Year-End Tuesday, 27 May 2008 | 10:43 AM ET

    Federal Reserve Governor Randall Kroszner said Tuesday the U.S. housing market should begin to show improvement by the end of the year and continue to recover in 2009.

  • MINI Is Maxing Out On Small Car Craze Tuesday, 27 May 2008 | 9:40 AM ET
    2008 Mini Cooper hardtop

    It's MINI that may be best positioned right now. WIth sales up 29.9% this year, The MINI Cooper and Clubman are compact cars with the unique combination of style and fuel efficiency in a tight little package.

  • Home Sales Climb In April But Remain at Weak Levels Tuesday, 27 May 2008 | 9:39 AM ET

    Sales of new homes rose in April for the first time in six months, although the unexpected increase still left activity near the lowest level in 17 years

  • Analyst: Financial Crisis Winding Down Tuesday, 27 May 2008 | 8:44 AM ET

    There are several signs that the financial crisis that has long plagued the market is winding down, according to one expert.

  • Small Business Sentiment Still Shaky Tuesday, 27 May 2008 | 8:35 AM ET

    The majority of small business owners think the U.S. economy is getting worse, though sentiment showed some improvement in May from its recent lows, according to a survey released on Tuesday.

  • Asian Markets Rebound on Bargain Hunting Tuesday, 27 May 2008 | 5:17 AM ET
    A stockbroker watches his terminal during trading in Bombay, India, Thursday, May 18, 2006. Indian shares plunged Thursday, with the benchmark stock index tumbling 6.8 percent, or more than 800 points, its biggest point drop ever, largely on fears of higher taxes on foreign funds that invest in Indian stocks. (AP Photo/Rajesh Nirgude)

    Asian markets rebounded Tuesday from the previous session's dip, as bargain hunters scoured the market after five days of losses. Both Japan and South Korea finished over 1% higher.

  • HSBC CEO Calls for Higher Interest Rates Tuesday, 27 May 2008 | 4:30 AM ET

    The chief executive of Europe's biggest lender on Tuesday called on central bankers to raise interest rates in order to combat inflation.

  • Japan Government in More Strife over BOJ Board Tuesday, 27 May 2008 | 12:12 AM ET
    Japanese businessmen cross a road in front of the Bank of Japan Tuesday, Feb. 20, 2007. The strength of Japan's economic growth is among the factors the central bank will weigh as its policy board begins a two-day meeting to decide whether to raise interest rates. (AP Photo/Katsumi Kambayashi)

    Japanese government plans to fill one of two vacancies on the Bank of Japan's rate-setting policy board were thrown into disarray on Tuesday when the name of a nominee was leaked to the media, upsetting opposition lawmakers.

  • Quake Policy Must Curb Inflation: China Central Bank Monday, 26 May 2008 | 9:39 PM ET
    China, Chinese Flag

    Monetary policy should aim to help China recover from this month's devastating earthquake but it must also continue to fight inflation, central bank chief Zhou Xiaochuan said.

  • Greenspan Says Recession Still Likely in US: FT Monday, 26 May 2008 | 8:47 PM ET
    On his last day as chairman of the Board of Governors of the Federal Reserve System, Alan Greenspan smiles as he presides over his final Federal Open Market Committee meeting at the the Fed's headquarters in Washington, Tuesday, Jan. 31, 2006. He is speaking to Deborah J. Danker, at left, special assistant to the board, with Vice Chairman Roger W. Ferguson Jr., at right. Greenspan has held the post for more than 18 years and is widely viewed as the most successful chairman in the Fed's 92-year h

    Former Federal Reserve chairman Alan Greenspan was quoted on Tuesday as saying the United States was still more likely than not to have a recession despite relative stabilization in the economy in recent weeks.

  • US Crude Rises Above $133 On New Supply Worries Monday, 26 May 2008 | 11:49 AM ET

    Oil rose above $133 on Monday as long-term supply concerns lingered and fresh production problems appeared in Nigeria and Norway.

  • Asian Markets Tumble, Japan Sheds 2.3% Monday, 26 May 2008 | 6:11 AM ET
    Stock investors watch stock movement at a stock exchange in Chengdu, China.

    Asian stocks retreated into negative territory Monday, with most markets down more than 1% on fears that slowing U.S. consumer demand will hurt Asia's export-oriented economies. Japan shed 2.3% while South Korea slipped 1.5%.

  • End of US Housing Slump Likely to Be Long, Painful Monday, 26 May 2008 | 4:41 AM ET

    "This is going to be another difficult spring," said Mark Zandi of  Moody's Economy.com. "I think we are at the beginning of the end of the housing downturn, but it is going to be a long and painful end."

  • Trichet: Financial Markets Correction Is Ongoing Monday, 26 May 2008 | 3:32 AM ET

    European Central Bank head Jean-Claude Trichet said on Monday that financial markets were experiencing an "ongoing correction" and repeated that the G7 was concerned about excessive dollar volatility.

  • China Inflation Forecast to Hit 7% This Year Sunday, 25 May 2008 | 11:42 PM ET
    China, Chinese Flag

    China's consumer inflation is expected to reach 7% in 2008, up from 4.8% last year, a government economist said in comments published on Monday

  • Dollar Ekes Out Gains in Ultra-Thin Holiday Trade Sunday, 25 May 2008 | 9:07 PM ET

    The dollar held its ground on Monday, taking advantage of the ultra-thin volumes owing to U.S. and UK market holidays to arrest its decline of the last three weeks and eke out slender gains against a basket of major currencies.

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