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October home sales rise 10.1 pct from Sept.Play

October home sales rise 10.1 pct from Sept.

AP - 1 hour, 43 minutes ago

Home sales far exceeded expectations last month, surging to the highest level in 2.5 years as first-time buyers rushed to take advantage of an expiring tax credit.(Nov. 23)

  • AOL offers buyouts to 2,500 workers Play
    AOL offers buyouts to 2,500 workers AP - Thu Nov 19, 4:36 PM ET

    AOL, struggling to adapt to an advertising-driven economy, is looking to shed as much as 36 percent of its work force as it prepares to spin off from Time Warner next month. (Nov. 19)

  • Subaru tops safest cars list Play
    Subaru tops safest cars list AP - Wed Nov 18, 1:57 PM ET

    The Insurance Institute for Highway Safety has named 27 vehicles as winners of their top safety pick award for the 2010 model year.( Nov. 18)

  • Nov. 17: Stocks hit 13-month highs Play
    Nov. 17: Stocks hit 13-month highs AP - Tue Nov 17, 5:21 PM ET

    Higher commodity prices lifted energy and materials stocks Tuesday and major stock indexes managed to post new 13-month highs. (Nov. 17)

  • Ford Fusion named Motor Trend car of the year Play
    Ford Fusion named Motor Trend car of the year AP - Tue Nov 17, 4:33 PM ET

    The Ford Fusion is Motor Trend magazine's car of the year. (Nov. 17)

  • Obama Admin. sets sights on financial fraud Play
    Obama Admin. sets sights on financial fraud AP - Tue Nov 17, 4:18 PM ET

    Attorney General Eric Holder and Treasury Secretary Timothy Geithner announce the creation of joint task force to combat financial crimes. (Nov. 17)

  • Pharmaceuticals see big money in vaccines Play
    Pharmaceuticals see big money in vaccines AP - Tue Nov 17, 1:44 PM ET

    Consumers clamoring for swine flu vaccine have given pharmaceutical powerhouses one more reason to jump into the once-anemic vaccine business. (Nov. 17)

  • GM reports $1.2B loss, says it shows progress Play
    GM reports $1.2B loss, says it shows progress AP - Mon Nov 16, 9:22 AM ET

    General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in previous quarters and a sign that the auto giant is starting to turn around its business. (Nov. 16)

  • BA chief touting Iberia merger Play
    BA chief touting Iberia merger AP - Fri Nov 13, 11:11 AM ET

    The chief executive of British Airways is pushing the merger agreed with Iberia. Willie Walsh denies that the proposed deal agreed late Thursday would mean any increase in fares or reduction in standards. (Nov 13)

  • Fed: Banks need owner consent on overdraft fees Play
    Fed: Banks need owner consent on overdraft fees AP - Thu Nov 12, 2:43 PM ET

    Consumers may have to give their approval before banks can charge them large overdraft fees stemming from ATM and debit card use.(Nov. 11)

  • There's gold in that thar gold! Play
    There's gold in that thar gold! AP - Wed Nov 11, 5:04 PM ET

    Gold prices rose to a new record of $1,114 an ounce Wednesday, confounding expectations that even the $1,000 level wouldn't hold. (Nov. 11)

  • Tech Test: BlackBerry Storm2 a big improvement Play
    Tech Test: BlackBerry Storm2 a big improvement AP - Wed Nov 11, 3:10 PM ET

    When it was unveiled last year, Research In Motion's first touch-screen smart phone, the Storm, got a few things right but was generally a chore to use. The latest version of the BlackBerry device, Storm2, is the one it should have released. (Nov. 11)

  • Nov. 9: Stocks jump after G-20 pledge Play
    Nov. 9: Stocks jump after G-20 pledge AP - Mon Nov 9, 6:13 PM ET

    The Dow Jones industrial average has stormed to its highest level in more than a year. (Nov. 9)

  • Strollers recalled for fingertip amputations Play
    Strollers recalled for fingertip amputations AP - Mon Nov 9, 6:09 PM ET

    About a million Maclaren strollers sold by Target and Babies "R" Us were recalled Monday, after 12 reports of children having their fingertips amputated by a hinge mechanism. (Nov. 9)

  • Cadbury rejects Kraft bid as not so sweet Play
    Cadbury rejects Kraft bid as not so sweet AP - Mon Nov 9, 3:42 PM ET

    Cadbury has rejected a renewed $16.4 billion hostile bid from Kraft Foods after the company refused to sweeten a previous offer. (Nov. 9)

  • Labor Secretary says job losses are slowing Play
    Labor Secretary says job losses are slowing AP - Fri Nov 6, 2:24 PM ET

    Labor Secretary Hilda Solis says the worst of the job losses are behind and gives advice to job seekers. (Nov. 6)

  • Jobless rate tops 10 percent, a first since '83 Play
    Jobless rate tops 10 percent, a first since '83 AP - Fri Nov 6, 9:39 AM ET

    The unemployment rate has surpassed 10 percent for the first time since 1983, and is likely to go higher. The AP's Mark Hamrick says this is the 22nd month the economy has lost jobs, the longest on record. (Nov. 6)

  • Chrysler aims to pump life into car lineup Play
    Chrysler aims to pump life into car lineup AP - Wed Nov 4, 10:17 PM ET

    Chrysler plans to overhaul its cars with technology from its new Italian partner, Fiat SpA, and it says it has the cash to pay for the changes. Many auto analysts, however, are skeptical about the company's future. (Nov. 4)

  • GM's Opel move raises anger, new uncertainty Play
    GM's Opel move raises anger, new uncertainty AP - Wed Nov 4, 5:59 PM ET

    General Motors decision to scrap the sale of Opel raises new uncertainty over the unit's future, astonishing politicians in Germany and Russia, and prompting workers to plan walkouts in protest.(Nov. 4)

  • Nov. 4: Stocks give up gains in last hour Play
    Nov. 4: Stocks give up gains in last hour AP - Wed Nov 4, 5:59 PM ET

    Investors couldn't hold on to their optimism after the Federal Reserve gave an encouraging assessment of the economy and stocks lost most of their gains in the last hour of trading. (Nov. 4)

  • Fed again pledges to hold rates at record-lows Play
    Fed again pledges to hold rates at record-lows AP - Wed Nov 4, 5:10 PM ET

    The Federal Reserve pledges to keep a key interest rate at a record low for an 'extended period,' in a sign that the economy is growing, the AP's Mark Hamrick says. (Nov. 4)

  • Europe shocked GM to keep Opel Play
    Europe shocked GM to keep Opel AP - Wed Nov 4, 3:34 PM ET

    General Motors' decision to keep its Opel and Vauxhaul subsidiaries has shocked Europe. Politicians are astonished and concerned and want more information. Many autoworkers are angry. (Nov 04)

  • Buffett's Berkshire buying BNSF Railroad Play
    Buffett's Berkshire buying BNSF Railroad AP - Tue Nov 3, 12:42 PM ET

    Making a $34 billion bet on the future of the U.S. economy, Warren Buffett's Berkshire Hathaway on Tuesday agreed to buy the Burlington Northern Santa Fe railroad. (Nov. 3)

  • Stocks waver, Dow gives up triple-digit gain Play
    Stocks waver, Dow gives up triple-digit gain AP - Mon Nov 2, 6:49 PM ET

    Stocks ended higher but well off their best levels of the day as volatility continued to tug at the market.(Nov. 2)

  • CIT Group files for Chapter 11 protection Play
    CIT Group files for Chapter 11 protection AP - Mon Nov 2, 5:19 PM ET

    The Chapter 11 bankruptcy filing for CIT Group was not unexpected. The lender to thousands of small and mid-sized businesses has been struggling for months to avoid collapse. (Nov. 2)

  • Ford surprises with $1B profit; sees more in '11 Play
    Ford surprises with $1B profit; sees more in '11 AP - Mon Nov 2, 5:06 PM ET

    Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter.(Nov. 2)

  • Cal Ripken's new fields of dreams Play
    Cal Ripken's new fields of dreams AP - Fri Oct 30, 4:16 PM ET

    CAPTION: Hall of Famer Cal Ripken traded his old Baltimore Orioles' uniform for a business suit, as an owner of minor league baseball teams. The AP's Mark Hamrick reports. (Oct. 28)

  • Light at the end of economic tunnel? Play
    Light at the end of economic tunnel? AP - Thu Oct 29, 4:00 PM ET

    Treasury Secretary Timothy Geithner said on Thursday that he sees positive signs that the economy is recovering. The AP's Warren Levinson reports from New York, where people there aren't exactly feeling recovered. (Oct. 29)

  • Raw Video: Job seekers react to improving GDP Play
    Raw Video: Job seekers react to improving GDP AP - Thu Oct 29, 2:02 PM ET

    At a job service office in Florida, job seekers disagreed that an increase in the Gross Domestic Product indicated that the recession is over. They said people are still losing jobs and that finding work is still very, very hard. (Oct. 29)

  • White House: 3rd qtr. growth 'Welcome milestone' Play
    White House: 3rd qtr. growth 'Welcome milestone' AP - Thu Oct 29, 1:01 PM ET

    In an interview with AP White House reporter Mark Smith, Christina Romer, President Barack Obama's chief economist, calls the third quarter 3.5 percent growth in the U.S. Economy a welcome milestone. (Oct. 29)

  • Home prices rise but consumer confidence slips Play
    Home prices rise but consumer confidence slips AP - Tue Oct 27, 3:18 PM ET

    New data is offering mixed signals on the strength of the economy but is providing some evidence that a recovery is taking hold.(Oct. 27)

  • Oct. 26: Stocks slide as rising dollar hits oil Play
    Oct. 26: Stocks slide as rising dollar hits oil AP - Mon Oct 26, 5:17 PM ET

    A strengthening dollar and concerns about an overheated market weighed heavy on stocks Monday.(Oct. 26)