The increase, the first after six months of declines, is among a recent spate of “bad but not terrible” reports that have kindled hopes in some investors.
AP - Orders to U.S. factories for big-ticket manufactured goods and new homes sales both rose unexpectedly in February, but economists said the gains were unlikely to last as the recession persists.
AP - Congressional Democrats advanced budget outlines Wednesday that largely mirror President Barack Obama's spending priorities while imposing marginal changes to tame ballooning deficits.
AP - An American International Group Inc. executive who received a bonus worth more than $742,000 after taxes has resigned publicly in an Op-Ed column in The New York Times.
Forecasters issued flash flood warnings for Bismarck, North Dakota, and surrounding areas today, as volunteers rushed to fill sandbags ahead of expected record flood. The Red River is expected to overflow its banks Friday. Authorities rescued several people in Oxbow after a residential dike gave way.
A key Democratic senator took a paring knife to President Barack Obama's $3.6 billion budget proposal on Tuesday, even before the president could tout it in a prime-time news conference.
The cell phone rang as Jorge Aguirre walked to a friend's funeral in Juarez, Mexico, last November -- a funeral for a fellow journalist who, Aguirre says, was assassinated for the critical stories he wrote.