NEW YORK (Reuters) - Stocks were set to open higher on Friday after data showed retail sales rose more than expected last month, supporting optimism the burgeoning economic recovery would be sustainable.
WASHINGTON (Reuters) - Sales at U.S. retailers rose more than expected in November as consumers stepped up spending on gasoline and a wide range of other goods, data showed on Friday, raising hopes of a self-sustaining economic recovery.
WASHINGTON (Reuters) - The House of Representatives was expected to approve the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration.
WASHINGTON (Reuters) - U.S. import prices rose 1.7 percent in November in their largest gain since June, driven higher by fuel costs, a government report showed on Friday.
WASHINGTON (Reuters) - The Obama administration plans to channel money from the government financial bailout fund to small businesses in an effort to stem the political and economic fallout of high unemployment, the Washington Post said in its Friday editions.
NEW YORK (Reuters) - Goldman Sachs Group Inc plans to pay top managers their 2009 bonuses in stock, rather than cash, as it seeks to deflect outrage over a near-record pay haul months after it repaid billions of dollars in taxpayer aid.
BAGHDAD (Reuters) - Royal Dutch Shell and Malaysia's Petronas on Friday won the rights to develop one of the world's largest remaining untapped oilfields as Iraq staged its second auction of oil contracts since the 2003 U.S. invasion.
HONG KONG (Reuters) - The top sovereign credit ratings of Britain and the United States are not under threat of a downgrade right now, but a worst case scenario foresees a cut by 2013, analysts from Moody's Investors Service said on Friday.
SEVILLE, Spain (Reuters) - Europe's new military transport plane, the Airbus A400M, made its first test flight on Friday as buyers resumed talks on how to keep the delayed 20 billion euro ($29.5 billion) project airborne.
NEW YORK/WASHINGTON (Reuters) - The Obama administration's pay czar plans to announce on Friday his next wave of rulings as bailout recipients struggle to get out from under his thumb.
