Jim Sarni, managing principal at Payden & Rygel, says the second-quarter gross domestic product (GDP) suggests that things are clearly improving in the U.S., paving the way for a Fed rate hike.» Read More
DANVILLE, Ky., Oct 11- Vice President Joe Biden and Republican challenger Paul Ryan argued over foreign policy at a high-stakes debate on Thursday, with Democrats counting on an aggressive performance from Biden to reclaim the momentum in the race for the White House.
The new system reflects a more inclusive approach to compiling the most popular singles in the United States. From Thursday, airplay data will be compiled from more than 1,200 radio stations across the United States under a formula that recognizes and rewards cross-over artists, such as country-pop singer Taylor Swift.
CANBERRA, Oct 12- Australian shares gained more than 0.2 percent on Friday morning, recovering from two sessions of losses, as a rebound in metal prices lifted index-heavy mining stocks. Global miner BHP Billiton Ltd gained 0.8 percent to A $33.50 and major rival Rio Tinto Ltd rose more than 1.6 percent to A $56.31.
Oct 12- Younger people with advanced lung cancer who quit smoking more than a year before their diagnosis survive longer than those who continued smoking, according to a U.S. study. However, quitters who were older or who had earlier stages of lung cancer did not have an advantage, said the researchers, whose findings appeared in the journal Cancer.
OAKLAND, Calif., Oct. 11- The city of Oakland has sued to block U.S. authorities from closing down a medical marijuana dispensary that bills itself as the world's largest, marking the latest clash with federal authorities over California's cannabis industry.
WASHINGTON, Oct 11- The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four and a half years, according to government data that may provide a boost to President Barack Obama a month before voters go to the polls.
SACRAMENTO, Calif.-- Two celebrities are on a notable list in California, but it's not exactly the A-list. It says Warwick, who now lives in New Jersey, owes California $2.6 million. Technology entrepreneur Halsey Minor, of San Rafael, owes the most to the state _ $10.7 million.
LOS ANGELES, Oct 11- The retired space shuttle Endeavour was getting set on Thursday for a road trip unlike any of its previous journeys, one that will see it crawl through the streets of Los Angeles instead of hurtling through the solitary reaches of space.
Oct 12- Younger women who are thrust into menopause because of breast cancer treatment may get some relief from talk therapy and regular exercise, according to a study from the Netherlands.
By David Morgan and Tim McLaughlin. WASHINGTON/ BOSTON Oct 11- The pharmacy at the center of a deadly U.S. meningitis outbreak possibly linked to tainted steroid injections faced mounting federal and state scrutiny on Thursday, including a potential criminal probe, as the national death toll climbed to 14..
NEW YORK/ HOUSTON, Oct 11- Oil major BP Plc has secured U.S. government permission to ship U.S. crude oil to Canada, and Royal Dutch Shell has applied for an export license, as rising production in the world's top oil consumer upends global energy flows.
The company raised $637 million by pricing 22.75 million Class A shares, making it the largest tech IPO since Facebook.
WASHINGTON, Oct 11- Republican Mitt Romney would accelerate spending on new U.S. Navy warships, cut the Pentagon's civilian workforce and speed up development of new weapons systems if he wins the 2012 presidential election, two advisers said on Thursday.
ANCHORAGE, Alaska, Oct 11- An oil-spill barge that Royal Dutch Shell Plc needs to support drilling in Arctic waters has regulatory approval, even though it has come too late for this year's operations, officials from the U.S. Coast Guard and Shell said on Thursday.
By Daniel Bases and Sam Forgione. NEW YORK, Oct. 11- U.S.-domiciled equity funds pulled in a modest $1 billion in the week ended Oct. 10, with much of the fresh cash moving into gold and energy exchange-traded funds, data from Thomson Reuters' Lipper service showed on Thursday. At the same time the broad-based equity ETFs such as State Street's SPDR S&P 500 ETF fund.
NEW ORLEANS-- Louisiana- made films are being shown alongside the work of filmmakers from across the world at the New Orleans Film Festival, which opened Thursday night with a red-carpet showing of the Louisiana- shot thriller "The Paperboy."
SINGAPORE, Oct 12- U.S. crude rose towards $93 a barrel on Friday, supported by escalating tensions between Turkey and Syria and supply disruptions at North Sea oil fields. climbed 25 cents to $92.32 a barrel in early Asia trading, after gaining nearly a dollar the previous session.
TOKYO, Oct 12- Greece, Spain and the euro zone's slow progress toward debt reform take centre stage at IMF meetings on Friday despite Europe's best effort to remove itself from the spotlight.
TOKYO, Oct 12- Japan's Nikkei average is likely to rebound on Friday from its lowest close in more than two months, but concerns over the quarterly earnings season means the benchmark is still on track for a fourth straight week of losses. Mobile operator Softbank Corp will be in focus as it looks to buy roughly 70 percent of U.S. Sprint Nextel Corp.
SAN FRANCISCO, Oct 11- Support among likely California voters for Governor Jerry Brown's tax measure on the November ballot has dipped below 50 percent for the first time as they learn more about it and advertising against it takes a toll, according to survey results released on Thursday.