WASHINGTON - Home sales surged for the second month in a row in October, climbing to the highest level in 2 1/2 years as first-time buyers rushed to take advantage of an expiring tax credit.
WASHINGTON (Reuters) - Sales of previously owned U.S. homes rose in October at a faster-than-expected pace to the highest in more than 2-1/2 years as buyers rushed to take advantage of a popular tax credit, a survey showed on Monday.
A child's never-ending "why's" aren't meant to exasperate parents, scientists say. Rather, the kiddy queries are genuine attempts at getting at the truth, and tots respond better to some answers than others.
GENEVA - The world's largest atom smasher made another leap forward Monday by circulating beams of protons in opposite directions at the same time in the $10 billion machine after more than a year of repairs, organizers said.
NEW ORLEANS - The creatures living in the depths of the ocean are as weird and outlandish as the creations in a Dr. Seuss book: tentacled transparent sea cucumbers, primitive "dumbos" that flap ear-like fins, and tubeworms that feed on oil deposits.
WEST PALM BEACH, Fla. - The federal government said Monday that it has found a "strong association" between problematic imported Chinese drywall and corrosion of pipes and wires, a conclusion that supports complaints by thousands of homeowners over the last year.
Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue to keep a tight rein on spending, according to a new survey.
WASHINGTON - First-time buyers seized on a tax credit, combined with low mortgage rates and falling prices, to boost home sales in October to their highest level in 2 1/2 years.
If you experience impotence, instead of a little blue pill maybe you want to apply shockwaves to your privates instead.
WASHINGTON - A leading Senate Democrat said Monday his party is determined to push through a health care overhaul bill with or without Republican support because the "system is broken."
LAREDO, Texas - A U.S. program that offers trusted trucking companies speedy passage across American borders has begun attracting just the sort of customers who place a premium on avoiding inspections: Mexican drug smugglers.
WASHINGTON - Since the 1997 international accord to fight global warming, climate change has worsened and accelerated — beyond some of the grimmest of warnings made back then.
HARRISBURG, Pa. - Radioactive dust unexpectedly blew out of a pipe being cut by workers during weekend maintenance at the Three Mile Island nuclear power plant, and officials on Monday were trying to determine exactly how and why it happened.
GENEVA (AFP) - Flooding in the world's major port cities caused by melting icecaps could cause up to 28 trillion dollars (18 trillion euros) in damage in 2050, environmental group WWF said in a report Monday.
ARTOIS, Calif. - An oil boom is under way in California's agricultural heartland, as evolving tastes and a trend toward healthy fare have transformed a profession as old as civilization: olive production for the extra virgin market.
BERLIN - McDonald's is going green — swapping its traditional red backdrop for a deep hunter green — to promote a more eco-friendly image in Europe.
MUMBAI (Reuters) - Leading Indian outsourcers such as Tata Consultancy , Infosys and Wipro stand to gain contracts worth about $1 billion in the next one or two years as U.S. banks emerge from the troubled asset relief program, the Economic Times reported on Monday.
It's been a hard year to work at General Electric . Salary freezes have hit its famously performance-driven employees, with some managers taking pay cuts. The price of GE stock, which once made millionaires out of even hourly workers, has gone nowhere as the rest of the market has risen. A 68% dividend cut -- the first in 71 years -- has stung execs who rely on a heavy dose of restricted shares.
LONDON - World markets rose sharply Monday amid further hopeful signs about the global economic recovery. Commodity stocks led the charge, particularly in London, after gold hit another record high.
HEGANG, China - The coal mine that exploded in northern China, killing 104, had too many workers underground in an effort to increase output, a government official said Monday, exposing the risks often taken to meet the country's insatiable energy demands.
WASHINGTON (Reuters) - Sales of previously owned U.S. homes jumped last month to their highest level in more than 2-1/2 years, but a fall in an economic activity gauge was a reminder recovery from recession would be patchy.
NEW YORK (Reuters) - U.S. stocks rose on Monday, with the S&P 500 on track to snap a three-day sell-off as stronger-than-expected home sales data fueled optimism about the economic recovery while a weaker dollar boosted commodity-linked stocks.
WASHINGTON - As if small businesses needed another reason not to hire, consider their latest financial burden: The cost of rising unemployment itself.
PARK FALLS, Wis. - Forests are a treasure trove of limbs and bark that can be made into alternative fuels and some worry the increasing trend of using that logging debris will make those materials too scarce, harming the woodlands.
LONDON - Computer hackers have broken into a server at a well-respected climate change research center in Britain and posted hundreds of private e-mails and documents online — stoking debate over whether some scientists have overstated the case for man-made climate change.
The deep sea is teeming with thousands of species that have never known sunlight, explorers now say.
Texting long messages can be a pain in the neck - literally.
WASHINGTON (AFP) - Thousands of animal species thrive in the ocean depths beyond the reach of sunlight, between 200 to 5,000 meters below the surface, an international team of scientists has reported after nearly 10 years of research.
WASHINGTON (Reuters) - New fossils unearthed in what is now the Sahara desert reveal a once-swampy world
WASHINGTON - Republicans are seizing on this week's recommendations for fewer Pap smears and mammograms to fuel concern about government-rationed medical care — and to try to chip away support by women for President Barack Obama's proposed health care overhaul.