Yahoo! News: Economy News
US currency battle with China underscores global concerns (AFP) business3/20/2010 9:58 PM

China warned Sunday it may retaliate if the United States imposes trade sanctions and other penalties over its exchange rate policy, state media reported(AFP/Frederic J. Brown)AFP - Many of these economies, like the United States, have long complained that a weak Chinese yuan currency has been giving China an unfair trade advantage at their expense.


China could report trade deficit in March (Reuters) business3/20/2010 8:22 PM
Reuters - China's trade balance could turn to a deficit in March, commerce minister Chen Deming said on Sunday, adding that adjustments to the yuan's value would not by itself resolve global trade imbalances.
Obama tells Congress: Act soon on financial reform (AP) business3/20/2010 4:32 PM

President Barack Obama speaks about health care reform at the Patriot Center at George Mason University in Fairfax, Va., Friday, March 19, 2010. (AP Photo/Charles Dharapak)AP - The U.S. needs major changes to its financial system so consumers are better protected, banks fortified and the economy safeguarded from sliding into another Depression, President Barack Obama said Saturday.


Black support high for Obama's race-neutral stance (AP) us3/20/2010 3:46 PM

James Norris is shown in Charlotte, N.C., on March 17, 2010. In this banking center walloped by the Great Recession, where unemployment just hit a 20-year high and as many as one in three black folks are out of work, black people could easily be frustrated with President Barack Obama's insistence that a rising economic tide will lift African-American boats. (AP Photo/Jesse Washington)AP - In this banking center walloped by the Great Recession, where unemployment just hit a 20-year high and as many as one in three black people are out of work, blacks could easily be frustrated with President Barack Obama's insistence that a rising economic tide for all will lift African-American boats.


Bernanke: Keep Fed as watchdog of small US banks (AP) business3/20/2010 8:34 AM

Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, March 17, 2010, before the House Financial Services Committee. (AP Photo/Pablo Martinez Monsivais)AP - Federal Reserve Chairman Ben Bernanke made a fresh pitch Saturday to retain oversight of small banks, contending that what the Fed learns from that role helps it assess the overall health of the entire U.S. financial system.


Bernanke: Too big to fail a "pernicious" problem (Reuters) business3/20/2010 8:00 AM

Federal Reserve Board Chairman Ben Bernanke testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on The Semiannual Monetary Policy Report to the CongressReuters - Regulators must be "significantly tougher" on large and complex financial firms to limit wider risks, but big firms are still needed to keep the global economy humming, Federal Reserve Chairman Ben Bernanke said on Saturday.


Which way, America, on healthcare bill vote? (The Christian Science Monitor) topstories3/20/2010 7:39 AM
The Christian Science Monitor - Americans feel something seismic about to happen this weekend in Washington as Congress takes up a massive healthcare reform bill that will rejigger one-sixth of the US economy.
Thousands rally against Putin, dozens detained (Reuters) topstories3/20/2010 9:14 AM

Opposition supporters rally in Russia's far eastern city of Vladivostok March 20, 2010. REUTERS/Yuri MaltsevReuters - Russian police broke up an opposition demonstration in Moscow on Saturday, one of around 50 rallies across the country with thousands protesting falling living standards under Prime Minister Vladimir Putin.


Fed must reveal data on loans to firms, court says (AP) business3/19/2010 4:47 PM
AP - The Federal Reserve must reveal documents identifying financial companies that received Fed loans to survive the financial crisis, a federal appeals court ruled Friday.
Regulators shut 7 banks in 5 states; 37 in 2010 (AP) business3/19/2010 5:52 PM
AP - Regulators on Friday shut down seven banks in five states, bringing to 37 the number of bank failures in the U.S. so far this year.

Top News Stories


Wired Top Stories
SXSW Scenes: Hot Dogs, Hare Krishna and Rock3/20/2010 3:33 PM
Characters of every stripe fill the streets of Austin, Texas, during the annual South by Southwest music festival. Oh, and there are some bands, too.


Palm Can Still Win: Here Are Five Things They Need To Do3/20/2010 11:34 AM
Palm tanked after turning in a dismal 3Q earnings report driven by bad smartphone sales. The good news? The phone is becoming just an app on a smart, portable device. The disruptive contours of that smart, portable device is still in flux, and about to get buffeted again by the release of Apple’s iPad in about two weeks. This is still anybody’s game — heck, if even Google is worried about the next Google, why can’t Palm be the next Palm?


Review: 'Hubble 3D' Takes You on Beautiful, Brief Space Journey3/20/2010 8:13 AM
Immerse yourself in vivid interstellar visuals as Imax brings extraterrestrial wonders down to Earth.


Tesla's Roadster Sport Zips the Light Fantastic3/19/2010 6:30 PM
Zero to 60 in 3.7 seconds. 80 mph feels more like 50. Grips roads like a junkie to a crack pipe. This is what it's like to drive the Tesla Sport Roadster.


Bad Magic Comic Mysterius Makes Good Tech Satire3/19/2010 6:00 PM
Magic and tech in the 21st century combine in Jeff Parker and Tom Fowler's hilarious comic Mysterius, released this week as a paperback collection from DC's Wildstorm imprint.


Artists Get Their Geek On to Celebrate Yuri's Night3/19/2010 6:00 PM
A group of Washington, D.C., artists create outer space-inspired art in honor of Yuri Gagarin, the first astronaut.


Lenovo Ultralight Combines High-Grade Looks, Low-Octane Performance3/19/2010 4:00 PM
It takes a lot to build a thin and light notebook with such a low price tag. The only sacrifice the X100e makes is executive-level power.


SXSW: Scenes From a Musical Madhouse3/19/2010 1:55 PM
Thousands of shows turn Austin into a giant musical maelstrom each year during the South by Southwest festival. See photos of bands that performed Thursday, including Ringo Deathstarr, Weekend and The Happy Hollows.


6 Cars So Alluring They're in an Art Museum3/19/2010 1:40 PM
The High Museum of Art in Atlanta launches an exhibition celebrating the beauty of the automobile.


iPad Developers Code Their Apps in the Dark3/19/2010 1:10 PM
Apple's iPad is set to launch April 3, but most developers making apps for the device haven't even touched it.




Yahoo! News: Top Stories
Democrats predict health bill will pass House (AP) business3/21/2010 9:59 AM

Opponents of the health care reform bill carry a 'Kill the Bill' sign as protesters begin to arrive at the U.S. Capitol in Washington, Sunday, March 21, 2010. House Democratic leaders predicted Sunday the final tally on President Barack Obama's historic health care bill  will meet or exceed the 216 votes required for passage. (AP Photo/Charles Dharapak)AP - A pair of House Democratic leaders predicted Sunday the final tally on President Barack Obama's historic health care bill will meet or exceed the 216 votes required for passage. But they acknowledged having yet to nail down commitments from a handful of members, some of whom remained concerned about the abortion issue.


Officials: US missiles kill 4 in NW Pakistan (AP) world3/21/2010 11:17 AM

People carry the body of their relative, who was killed in a bomb explosion, for funeral in Quetta, Pakistan, on Sunday, March 21, 2010. Police said a bomb planted on a bicycle exploded as a police van passed by in the city of Quetta, the capital of the insurgency-hit southwestern province of Balochistan. (AP Photo/Arshad Butt)AP - Suspected U.S. drones fired missiles Sunday at a house and car in a militant-dominated tribal region near the Afghan border, killing at least four people, officials said.


Pope does not mention rebuke to Irish bishops (AP) world3/21/2010 10:39 AM

Pope Benedict XVI greets faithful during the Angelus prayer from his studio window overlooking St. Peter's Square at the Vatican, Sunday, March 21, 2010. (AP Photo/Pier Paolo  Cito)AP - Pope Benedict XVI on Sunday urged Catholics to refrain from judging sinners a day after he rebuked Irish bishops for their handling of a half-century of sexual abuse of minors by clergy.


Fargo's fight against flooding nears its climax (AP) us3/21/2010 11:03 AM

A lone sandbag rests on a temporary levee as the swollen Red River flows past Saturday, March 20, 2010, in Fargo, N.D. Forecasters lowered their flood crest predictions for the area expecting the Red River in Fargo to crest a foot lower than expected on Sunday. (AP Photo/Jeff Roberson)AP - A weeklong fight against flooding neared its climax in Fargo on Sunday, with miles of sandbags and clay dikes expected to hold back the bloated Red River at its crest with room to spare.


Volcano erupts in Iceland, hundreds evacuated (AP) science3/21/2010 9:51 AM

In this aerial photo, showing molten lava as it vents from a rupture near the Eyjafjallajokull glacier in Iceland, as a volcano erupts early Sunday March 21, 2010. some hundreds of people have been evacuated from a small village in southern Iceland on Sunday after a volcanic eruption which shot ash and molten lava into the air, the first major eruption here in nearly 200 years. (AP Photo/Ragnar Axelsson )AP - A volcano erupted near a glacier in southern Iceland, shooting ash and molten lava into the air and forcing the evacuation Sunday of hundreds of people from nearby villages.


Iraqi president demands recount in tight election (AP) world3/21/2010 10:12 AM

Iraqis chant anti-Baathist slogans at a protest in Najaf, south of Baghdad, Iraq, Sunday, March 21, 2010. Hundreds of residents protested outside the local government office demanding a manual recount of the election votes, carrying banners that said 'No to stealing our votes.'     (AP Photo/Alaa al-Marjani)AP - Iraq's president on Sunday called for a recount in this month's parliamentary elections, which have turned into a tight race between the prime minister and a secular rival amid accusations of fraud. A new count could further extend political wrangling in the contentious race.


Demise of coral, salamander show impact of Web (AP) science3/21/2010 11:06 AM

In this Nov. 26, 2009 photo, orange-colored ringed rice coral, or montipora patula, is seen in waters off Waimanalo, Hawaii. Ringed rice coral is among 82 coral species the federal government is considering listing as endangered or threatened. (AP Photo/Keoki Stender)AP - The Internet has emerged as one of the greatest threats to rare species, fueling the illegal wildlife trade and making it easier to buy everything from live baby lions to wine made from tiger bones, conservationists and law enforcement officers said Sunday.


British Airways cabin crews strike for 2nd day (AP) business3/21/2010 10:09 AM

A British Airways airplane descents to land over other BA planes parked at London's Heathrow airport, Sunday March 21, 2010. British Airways cabin crews walked off the job for a second day Sunday, upsetting travel plans for scores of customers, but the airline said its contingency plans were working well and more planes were taking off than expected. (AP Photo/Lefteris Pitarakis)AP - British Airways cabin crews walked off the job for a second day Sunday but the airline insisted the strike was having less impact than expected and said it was able to restore flights that had previously been canceled.


`Alice' still reigns at box office with $34.5M (AP) entertainment3/21/2010 10:52 AM
AP - Alice remains the queen of the box office.
Bracket buster: Northern Iowa stuns No. 1 Kansas (AP) sports3/21/2010 5:29 AM

Kansas guard Tyshawn Taylor, right, consoles Kansas forward Marcus Morris (22) after their 69-67 loss to Northern Iowa in an NCAA second-round college basketball game, Saturday, March 20, 2010, in Oklahoma City. Northern Iowa upset top overall seed Kansas. (AP Photo/Tony Gutierrez)AP - Leading by one against the colossus of the bracket, Ali Farokhmanesh stood at the 3-point line, no one around. The prudent play? Pull it out, burn some clock.


 

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