Economy Government and Policy

  • Actor Sam Claflin reacts as he arrives for the world premiere of "The Hunger Games : Catching Fire" at Leicester Square in London

    By Piya Sinha-Roy LOS ANGELES (Reuters) - Sam Claflin has fought pirates, fallen in love with Snow White and participated in a "Hunger Games" battle-to-the-death, but in his latest film, the British actor takes on the frightening consequences of the supernatural. "The Quiet Ones," out in U.S. theaters on Friday, sees …

  • In this photo made on Friday, March 28, 2014, construction continues on a housing plan in Zelienople, Pa. The Commerce Department releases new home sales for March on Wednesday, April 23, 2014. (AP Photo/Keith Srakocic)

    WASHINGTON (AP) — The number of Americans buying new homes plummeted in March to the slowest pace in eight months, a sign that real estate's spring buying season is off to a weak start.

  • Members of British rock band Led Zeppelin pose for photographers as they arrive for a news conference to announce the release of their concert film "Celebration Day", in New York

    By Michael Roddy LONDON (Reuters) - Legendary rockers Led Zeppelin said on Wednesday they will include previously unreleased songs in the first batch of reissues of their nine studio albums, including a version of their pulsating "Whole Lotta Love" The reissues, remastered by guitarist Jimmy Page, will be launched on …

  • World Chefs: Cathal Armstrong returns to Irish roots … Reuters - Tue, Apr 22, 2014 11:24 PM SGT

    By Richard Leong NEW YORK (Reuters) - Dublin-born Cathal Armstrong dug deep into his Gaelic roots for inspiration for his first book "My Irish Table," which includes recipes and stories about his journey as a chef. Q: Do you think Irish food is misunderstood? A: The biggest misunderstanding about Irish food is that it …

  • Thawing out: Warmer temperatures lift US economy Associated Press - Tue, Apr 22, 2014 5:57 AM SGT
    In this April 15, 2014 photo, Anthony Zingale wires blender motors at the Vitamix manufacturing facility in Strongsville, Ohio. A measure of the U.S. economy's health rose in March for the third consecutive month, a sign of stronger growth after harsh winter weather caused the economy's pace to slow. (AP Photo/Mark Duncan)

    WASHINGTON (AP) — Spring's thaw is reviving the economy, too.

  • British stars say farewell to Peaches Geldof at private … Reuters - Mon, Apr 21, 2014 10:55 PM SGT
    A hearse carrying the coffin of Peaches Geldof arrives for her funeral service at the Saint Mary Magdalene and Saint Lawrence church in Davington

    Celebrities from Britain's television and music worlds attended the funeral on Monday of Peaches Geldof, the 25-year-old daughter of Band Aid founder Bob Geldof whose death two weeks ago remains unexplained. Rolling Stones bassist Bill Wyman, model Kate Moss and Sarah Ferguson, the ex-wife of Prince Andrew, were among …

  • Canada's Kiesza grabs top spot in British music … Reuters - Mon, Apr 21, 2014 2:43 AM SGT

    Female Canadian singer-songwriter Kiesza grabbed the top spot in Britain's music charts on Sunday with her debut single "Hideaway", which sold more than 136,000 copies, the Official Charts Company said. Calgary-born Kiesza is a classically-trained ballerina and a former codebreaker in the Royal Canadian Navy where she …

  • Lottery winners top up Scottish independence coffers … Reuters - Sun, Apr 20, 2014 7:35 PM SGT

    A Scottish couple who won the lottery have donated at least 3 million pounds ($5 million) of their winnings to the campaign for an independent Scotland, making them Britain's biggest political donors, a newspaper reported on Sunday. Colin Weir, a former cameraman, and his wife Chris, a former nurse, are from a seaside …

  • Unemployment rates fall in 21 US states last month Associated Press - Sat, Apr 19, 2014 5:07 AM SGT
    FILE - In this Thursday, Nov. 14, 2013, file photo, retired U.S. Air Force Master Sgt. Thomas Gipson, of Atlanta, right, has his resume looked over by Ralph Brown, a management and program analyst with the Centers for Disease Control and Prevention, during a job fair for veterans at the VFW Post 2681,Marietta, Ga. The government reports on state unemployment rates for March on Friday, April 18, 2014. (AP Photo/David Goldman, File)

    WASHINGTON (AP) — More than two-thirds of the states reported job gains in March, as hiring has improved for much of the country during what has been a sluggish but sustained 4 1/2-year recovery.

  • Nobel winner Garcia Marquez, master of magical realism, … Reuters - Fri, Apr 18, 2014 2:51 PM SGT
    Colombian author Gabriel Garcia Marquez stands outside his house on his 87th birthday in Mexico City

    By Anahi Rama MEXICO CITY, April 17 (Reuters) - Gabriel Garcia Marquez, the Colombian author whose beguiling stories of love and longing brought Latin America to life for millions of readers and put magical realism on the literary map, died on Thursday. A prolific writer who started out as a newspaper reporter, Garcia …

  • Reaction to the death of Nobel laureate Gabriel Garcia … Reuters - Fri, Apr 18, 2014 9:17 AM SGT
    Colombian Nobel Prize laureate Garcia Marquez walks alongside a leftist rebel during the opening of the peace talks in San Vicente del Caguan

    Colombian author Gabriel Garcia Marquez, who won the Nobel Prize for Literature and was a master of magical realism, died on Thursday. Tributes poured in from presidents, authors and pop stars: U.S. President Barack Obama: "With the passing of Gabriel Garcia Marquez, the world has lost one of its greatest visionary writers …

  • The life of Nobel Prize-winning author Gabriel Garcia … Reuters - Fri, Apr 18, 2014 5:50 AM SGT
    Journalists gather outside of the house of the writer Gabriel Garcia Marquez in Mexico City

    Colombian author and Nobel Prize winner Gabriel Garcia Marquez, who crafted enchanting stories that blurred the line between magic and reality, died on Thursday at the age of 87. * Garcia Marquez was born in 1927 in Aracataca, a town near Colombia's Caribbean coast. * He spent almost two years writing "One Hundred Years …

  • Rihanna settles multimillion-dollar lawsuit with e … Reuters - Fri, Apr 18, 2014 5:09 AM SGT
    Singer Rihanna arrives at the 2014 MTV Movie Awards in Los Angeles

    By Joseph Ax NEW YORK (Reuters) - Pop star Rihanna has agreed to settle a lawsuit with her former accountants accusing them of mismanaging her finances and costing her millions of dollars, lawyers for the parties told a federal judge on Thursday. The terms of the deal were not disclosed during a brief hearing before U.S. …

  • Tribeca Festival films go behind the scenes in fashion, … Reuters - Fri, Apr 18, 2014 4:40 AM SGT

    By Patricia Reaney NEW YORK (Reuters) - From final fittings at a famous Parisian fashion house to rehearsals for a young choreographer's new work for the New York City Ballet and a global tour of "Richard III," documentaries at the Tribeca Film Festival give viewers the film equivalent of a backstage pass. "Dior and I," …

  • Book Talk - Robert Lautner on writing, endings and … Reuters - Thu, Apr 17, 2014 11:22 PM SGT

    By Nicholas P. Brown NEW YORK (Reuters) - Novelist Robert Lautner chronicles the adventures of a young boy and the impact of the invention of Samuel Colt's revolving handgun in "Road to Reckoning," a coming-of-age tale set during the great depression of the 1830s. Lautner’s story follows 12-year-old Thomas Walker as he …

  • Cannes festival lineup mixes Hollywood star power, … Reuters - Thu, Apr 17, 2014 11:06 PM SGT
    Cannes Film festival director Jacob and general delegate Fremaux attend a news conference to announce the competing films at the 67th Cannes Film Festival in Paris

    By Alexandria Sage PARIS (Reuters) - Hollywood star power will vie with world cinema and a large crop of French films, including New Wave director Jean-Luc Godard's latest, for the top prize next month at the 67th Cannes film festival, the world's most important cinema showcase. Godard's "Adieu au Langage" will bring …

  • Oh baby: Scientists find protein that lets egg and … Reuters - Thu, Apr 17, 2014 3:59 AM SGT
    Doctor Katarzyna Koziol injects sperm directly into an egg during IVF procedure called Intracytoplasmic Sperm Injection at Novum clinic in Warsaw

    If you really want to learn how babies are made, you need to know about Juno and Izumo. Fertilization takes place when an egg cell and a sperm cell recognize one another and fuse to form an embryo. Researchers said on Wednesday they have identified a protein on the egg cell's surface that interacts with another protein …

  • US factory output extended solid gains in March Associated Press - Wed, Apr 16, 2014 9:44 PM SGT
    FILE -In this Tuesday, Sept. 10, 2013, file photo, workers man the Motorola smartphone plant in Fort Worth, Texas. The Federal Reserve reports on industrial production for March later Wednesday April 16, 2014. (AP Photo/LM Otero, File)

    WASHINGTON (AP) — U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture, clothing, chemicals and aerospace products.

  • A Minute With: John Oliver on channeling rage into … Reuters - Wed, Apr 16, 2014 8:05 PM SGT
    Comedian John Oliver poses for photographers backstage during the 41st International Emmy Awards in New York

    By Christian Plumb NEW YORK (Reuters) - British stand-up comedian John Oliver can sound downright angry at times, even though his star is on the rise. The 36-year-old Oliver has managed to parlay a successful stint filling in for Jon Stewart on "The Daily Show" into a gig hosting a Sunday night news comedy show on HBO …

  • Teenager uses Facebook to save Romania's stray … Reuters - Wed, Apr 16, 2014 7:33 PM SGT
    A dog looks on during a protest against the culling of stray dogs in Bucharest

    By Radu Marinas and Bogdan Cristel BUCHAREST (Reuters) - When French film actress Brigitte Bardot began a campaign to spare the thousands of stray dogs in Romania's capital from being put down, she did it with a $150,000 donation scheme. A similar campaign is being waged by Ana-Maria Ciulcu, a 13-year-old schoolgirl with …

  • Alex Ferguson's wines expected to score with buyers … Reuters - Wed, Apr 16, 2014 9:12 AM SGT
    Employees pose with a bottle of "Petrus 1988" wine and a Manchester United Champions League shirt signed by Ferguson, at Christie's auction house in London

    By Michael Roddy LONDON (Reuters) - To take his mind off the pressure of "the beautiful game", retired Manchester United boss Alex Ferguson collected vintage wines that will be sold at auction starting in Hong Kong in May, Christie's said on Wednesday. The collection of about 5,000 bottles assembled by one of soccer's …

  • US consumer prices rose just 0.2 percent in March Associated Press - Tue, Apr 15, 2014 8:36 PM SGT

    WASHINGTON (AP) — Lower U.S. gasoline prices kept consumer inflation in check last month, helping offset higher costs for food and clothing.

  • US retail sales up strong 1.1 percent in March Associated Press - Tue, Apr 15, 2014 5:07 AM SGT
    In this March 24, 2014 photo, a pedestrian passes a J.Crew store in the Shadyside shopping district of Pittsburgh. The Commerce Department reports on retail sales for March on Monday, April 14, 2014. (AP Photo/Gene J. Puskar)

    WASHINGTON (AP) — U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products.

  • A French icon totters: country's biggest Gauloise … Reuters - Tue, Apr 15, 2014 1:20 AM SGT

    By Guillaume Frouin NANTES France (Reuters) - In a blow to Gallic pride, the largest Gauloise cigarette factory in France may be shut down. The dark-tobacco Gauloise - a macho smoke as evocative of France as the beret or the baguette - has already seen its best days. The last original-style Gauloise made on French soil …

  • Matisse exhibition reunites "Blue Nude" paper … Reuters - Mon, Apr 14, 2014 10:38 PM SGT
    An employee poses with Henri Matisse's artworks at the Tate Modern gallery in London

    By Michael Roddy LONDON (Reuters) - Even when he was in his 80s and in frail health, the French painter, sculptor and, latterly, master of painted cut-out paper Henri Matisse, still had it. That, in part, is what an exhibition of Matisse's late-life works, some huge and covering most of the gallery walls, demonstrates …

  • US businesses increased stockpiles 0.4 percent Associated Press - Mon, Apr 14, 2014 10:16 PM SGT
    In this May 22, 2013 photo, Kenneth Paull works on a machine at Dokka Fasteners in Auburn Hills, Mich. The Commerce Department will report on business stockpiles for February 2014 on Monday, April 14, 2014. (AP Photo/Paul Sancya)

    WASHINGTON (AP) — U.S. businesses boosted their stockpiles in February as sales rebounded by the largest amount in nine months.

  • Pulitzer Prizes to honor top U.S. journalism on Mo … Reuters - Mon, Apr 14, 2014 7:32 PM SGT

    By Ellen Wulfhorst NEW YORK (Reuters) - The Pulitzer Prizes, the United States' most prestigious journalism awards that honor news reporting and photography as well as literature, are to be awarded for the 98th time on Monday. The prizes, awarded by Columbia University, are given in 14 categories of journalism as well …

  • As novice runners hit the open road, experts say take … Reuters - Mon, Apr 14, 2014 5:09 PM SGT
    A woman jogs along the Charles River on an early spring evening in Boston

    By Dorene Internicola NEW YORK (Reuters) - As the days lengthen and the weather warms and novice runners cast an eye outdoors, fitness experts suggest they take a slow start to find their outdoor rhythm and pace to avoid injuries. Jen Van Allen, a certified running coach and co-author of “The Runner’s World Big Book of …

  • Rising artists kick off Coachella ahead of headliners … Reuters - Mon, Apr 14, 2014 4:45 PM SGT
    Lead vocalist Win Butler of rock band Arcade Fire performs at the Coachella Valley Music and Arts Festival in Indio

    By Piya Sinha-Roy INDIO Calif. (Reuters) - A slew of rising artists and bands kicked off the annual Coachella Valley Music and Arts Festival on Friday, ahead of the much anticipated reunion of hip-hop duo Outkast headlining the first night of the three-day festival. Grammy-winning Outkast, formed by Atlanta rappers Andre …

  • US producer prices rise 0.5 percent in March Associated Press - Fri, Apr 11, 2014 9:14 PM SGT
    FILE - In this Oct. 15, 2009 file photo, Kolleen Irwin and her daughter Ariel, 3, shop for groceries at a Target store in Philadelphia. The Labor Department reports on U.S. producer prices in March later Friday April 11, 2014. (AP Photo/Matt Rourke, File)

    WASHINGTON (AP) — The prices companies receive for their goods and services jumped in March led by gains for food, clothing, jewelry and chemicals.

  • Bottles of Johnnie Walker whisky move along on the production line at the Diageo owned Shieldhall bottling plant in Glasgow, Scotland March 24, 2011. REUTERS/David Moir/Files

    By Belinda Goldsmith EDINBURGH (Reuters) - Scotland's lucrative whisky industry flagged its concerns over Scottish independence for the first time on Friday, saying its access to a global network for promotion and sales was vital after reporting flat exports last year. Figures released by the Scotch Whisky Association …

  • US wholesale stockpiles up 0.5 percent in February Associated Press - Wed, Apr 9, 2014 10:27 PM SGT
    FILE - In this March 1, 2013 file photo containers sit in stacks after being unloaded from a ship at the Port of Baltimore's Seagirt Marine Terminal in Baltimore. The Commerce Department reports how much U.S. wholesale businesses adjusted their stockpiles in February later Wednesday April 9, 2014.(AP Photo/Patrick Semansky, File)

    WASHINGTON (AP) — U.S. wholesale businesses increased their stockpiles for an eighth consecutive month in February as their sales rose at the fastest clip since November, good signs for future economic growth.

  • More U.S. moms are staying at home with kids - stu … Reuters - Tue, Apr 8, 2014 11:01 PM SGT

    More American mothers are staying at home with their children, a trend driven in part by rising immigration and women unable to find jobs, a Pew analysis released on Tuesday showed. The category of stay-at-home mothers with children under 18 includes women who are at home to care for their families and mothers who cannot …

  • Better weather may have lifted job growth in March Associated Press - Fri, Apr 4, 2014 4:32 PM SGT
    FILE - In this Thursday March 13, 2014, file photo, job seekers line up to attend a marijuana industry job far in Downtown Denver. The government issues the March jobs report on Friday, April 4, 2014. (AP Photo/Brennan Linsley, File)

    WASHINGTON (AP) — Hiring went into a deep freeze this winter as harsh weather slowed the economy. A warmer March has raised a key question for Friday's monthly jobs report: Did hiring rebound in March along with the temperatures?

  • English universities see first fall in foreign students … Reuters - Wed, Apr 2, 2014 10:43 PM SGT

    By Belinda Goldsmith LONDON (Reuters) - The number of overseas students at English universities has fallen for the first time in nearly 30 years as students choose the United States and Australia instead due to tougher visa rules and higher fees, research showed on Wednesday. Numbers fell to 307,205 in 2012 from 311,800 …

  • US factory orders rebound 1.6 percent in February Associated Press - Wed, Apr 2, 2014 10:20 PM SGT
    In this March 26, 2014 picture, crates containing engine and transmission parts sit on shelves at Volvo Trucks' powertrain manufacturing facility in Hagerstown, Md. The Commerce Department releases factory orders for February, on Wednesday, April 2, 2014. (AP Photo/Patrick Semansky)

    WASHINGTON (AP) — Orders to U.S. factories rose in February after two months of declines but a critical category that signals business investment plans fell.

  • US construction spending up tiny 0.1 percent Associated Press - Tue, Apr 1, 2014 10:23 PM SGT
    In this Friday, March 21, 2014, photo, a single family housing construction is underway in North Andover, Mass. The Commerce Department reports on U.S. construction spending in February on Tuesday, April 1, 2014. (AP Photo/Elise Amendola)

    WASHINGTON (AP) — U.S. construction spending posted a slight increase in February as a rebound in construction of hotels and other nonresidential buildings offset a decline in housing.

  • US consumer spending up modest 0.3 percent Associated Press - Sat, Mar 29, 2014 5:13 AM SGT
    In this March 24, 2014, photo, sale sign is displayed in a shoe store in the Shadyside shopping district of Pittsburgh. The Commerce Department releases personal income and spending for February on Friday, March 28, 2014. (AP Photo/Gene J. Puskar)

    WASHINGTON (AP) — Americans barely increased their spending in February following a weak January performance, strong evidence that the severe winter will hold back the economy in the first quarter.

  • Unemployment rates fall in 29 US states last month Associated Press - Fri, Mar 28, 2014 11:21 PM SGT

    WASHINGTON (AP) — Unemployment rates fell in most states in February and two-thirds of the states reported job gains, evidence that most of the country is benefiting from slow but steady improvement in the job market.

  • Why economists say 2014 could prove breakout year Associated Press - Fri, Mar 28, 2014 5:19 AM SGT
    FILE - In this Dec. 5, 2013 file photo a dish is prepped at the Fig & Olive restaurant, near New York's Rockefeller Center, in New York. The Commerce Department releases fourth-quarter gross domestic product on Thursday, March, 27, 2014. (AP Photo/Richard Drew, File)

    WASHINGTON (AP) — Once this year's harsh weather has faded, the U.S. economy could be poised for a breakout year — its strongest annual growth in nearly a decade.

  • Orders for US manufactured goods up 2.2 percent Associated Press - Wed, Mar 26, 2014 8:47 PM SGT
    FILE - In this Thursday, Jan. 16, 2014, file photo, a woman walks through a display of refrigerators at a Lowe's store in Cranberry Township, Pa. The Commerce Department releases durable goods for February on Wednesday, March 26, 2014. (AP Photo/Gene J. Puskar)

    WASHINGTON (AP) — Orders to U.S. factories for long-lasting manufactured goods rose in February by the largest amount in three months, helped by solid gains in demand for airplanes and autos.

  • Sales of new US homes fell 3.3 percent in February Associated Press - Wed, Mar 26, 2014 5:17 AM SGT
    In this Friday, March 21, 2014 photo, roofers install a roof on a new construction home in Pepper Pike, Ohio. The Commerce Department releases new home sales for February, on Tuesday, March 25, 2014. (AP Photo/Tony Dejak)

    WASHINGTON (AP) — Fewer people bought new U.S. homes in February. Sales fell to their slowest pace in five months, a sign that the housing market has yet to recover fully from brutal winter weather.

  • Chinese tourists, angry over missing plane, shun M … Reuters - Tue, Mar 25, 2014 7:15 PM SGT
    Family members of passengers onboard Malaysia Airlines Flight MH370 protest as they head to the Malaysian Embassy from Lido hotel in Beijing

    By Li Hui and Sui-Lee Wee BEIJING (Reuters) - The controversy surrounding missing Malaysia Airlines Flight MH370 has prompted many Chinese tourists, who once saw Malaysia as an attractive holiday destination, to look elsewhere, travel agents said on Tuesday. Eleven Chinese travel agents told Reuters that bookings between …

  • US consumer prices tick up just 0.1 percent Associated Press - Tue, Mar 18, 2014 9:57 PM SGT
    FILE - In the Monday, Sept. 23, 2013, file photo, price tags hang on merchandise at T.J. Maxx in North Andover, Mass. The Labor Department releases the Consumer Price Index for February, on Tuesday, March 18, 2014. (AP Photo/Elise Amendola, File)

    WASHINGTON (AP) — Cheaper energy kept U.S. consumer prices in check last month, despite a big rise in the cost of food, the latest sign that inflation is tame.

  • Unemployment rates drop in 43 US states in January Associated Press - Mon, Mar 17, 2014 11:31 PM SGT
    In this Feb. 6 2014 photo, Margarita Sanchez, 72, of Hollywood, Fla., front, listens during a job search workshop at WorkForce One in Davie, Fla. The government reports on state unemployment rates for January on Monday, March 17, 2014. (AP Photo/Lynne Sladky, File)

    WASHINGTON (AP) — Unemployment rates fell in 43 U.S. states in January as more Americans began looking for work and most quickly found jobs.

  • US factory output rose in Feb. by most in 6 months Associated Press - Mon, Mar 17, 2014 10:18 PM SGT
    FILE - In this Feb. 13, 2013 file photo, a Georgia Power crewman goes through the process of restoring power to a neighborhood as he works on a line, in Riverdale, Ga. The Federal Reserve on Monday, March 17, 2014 will isssue its February report on U.S. industrial output, which includes factories, mines and utilities. (AP Photo/John Amis, File)

    WASHINGTON (AP) — U.S. factory output rebounded strongly in February after harsh winter storms caused a steep drop-off in production in January. Manufacturers produced more autos, home electronics and chemicals.

  • US producer prices dip 0.1 percent in February Associated Press - Sat, Mar 15, 2014 5:18 AM SGT
    In this Jan. 9, 2014 photo, Andy Hines, Linh Nyugen loads live lobsters into a cargo truck for delivery to local cafes after leaving the Miami airport. The Labor Department releases the Producer Price Index for February on Friday, March 14, 2014. (AP Photo/J Pat Carter)

    WASHINGTON (AP) — The prices companies receive for their goods and services fell slightly in February, the latest sign that inflation is tame.

  • US business inventories rise, but sales plunge Associated Press - Thu, Mar 13, 2014 10:22 PM SGT
    A container is loaded onto a ship from China at Massport's Conley Terminal in the port of Boston, Friday, July 13, 2012. The Commerce Department reports Thursday March 13, 2014 how much companies adjusted their stockpiles in January. (AP Photo/Stephan Savoia)

    WASHINGTON (AP) — U.S. businesses continued to restock their shelves and warehouses in January, but sales plunged during the snowstorm-plagued month.

  • US retail sales rebounded 0.3 percent in February Associated Press - Thu, Mar 13, 2014 9:02 PM SGT
    Shoppers check out the sale at an ALDO store in the Mall at Robinson, in Robinson Township, Pa., Monday, Jan. 13, 2014. The Commerce Department reports on retail sales for February Thursday March 13, 2014. (AP Photo/Gene J. Puskar)

    WASHINGTON (AP) — U.S. retail sales bounced back in February after suffering a steep decline during a bitterly cold January. Shoppers spent more on autos, clothing and furniture.

  • US wholesaler sales fall 1.9 percent in January Associated Press - Tue, Mar 11, 2014 10:30 PM SGT
    In this Monday, Jan. 2, 2014, photo, a dock worker communicates on a walkie-talkie while a ship to shore crane loads containers onto a ship at the Georgia Ports Authority Garden City terminal, in Savannah, Ga. The Commerce Department releases wholesale trade inventories for January on Tuesday, March 11, 2014. (AP Photo/Stephen B. Morton)

    WASHINGTON (AP) — U.S. wholesale businesses in January suffered their steepest sales drop in nearly five years, yet they continued to increase their stockpiles. This suggests that companies expect the economy to rebound after experiencing an abrupt winter slowdown.

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