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Obama shifts focus to jobs, eases building permit process By Mark Felsenthal WASHINGTON (Reuters) - President Barack Obama on Friday will seek to turn the spotlight from controversies threatening to swamp his agenda to the economic issues by announcing he will make it easier to get federal building projects off
Yahoo! News | May 17, 2013 10:10 AM [GMT] | comment? | recommend

Central bank chief turns recovery skills on Somalia By Edmund Blair NAIROBI (Reuters) - When Washington D.C. was in financial crisis in the 1990s, Somali-born Abdusalam Omer joined a team that turned its "junk" bonds into investment grade paper. Now, as governor of the Central Bank of Somalia, he
Yahoo! News | May 17, 2013 10:07 AM [GMT] | comment? | recommend

Oil falls to near $95 on choppy growth outlook BANGKOK (AP) The price of oil fell to near $95 per barrel Friday after new signs of a choppy economic recovery in the U.S.
Yahoo! News | May 17, 2013 09:18 AM [GMT] | comment? | recommend

World stocks mixed ahead of key US economic index BANGKOK (AP) World stock markets were mixed Friday as investors digested a slew of disappointing data from the U.S. ahead of the release of a key measurement of the country's economic outlook.
Yahoo! News | May 17, 2013 09:10 AM [GMT] | comment? | recommend

Rand hits 4-year low, more fears of mining unrest JOHANNESBURG (Reuters) - South Africa's rand hit a four-year low in early Friday trade amid concerns about more labour unrest in the platinum mining sector and its potential to inflict wider damage on Africa's biggest economy. The rand fell to 9
Yahoo! News | May 17, 2013 06:40 AM [GMT] | comment? | recommend

Brent slips, stays below $104 on demand worries, firm dollar By Manash Goswami SINGAPORE (Reuters) - Brent futures slipped on Friday, staying below $104 as bleak U.S. economic data revived worries about demand growth in the world's biggest oil consumer, while a stronger dollar also pressured prices. Barring ne
Yahoo! News | May 17, 2013 06:36 AM [GMT] | comment? | recommend

Gold falls further in longest losing streak in four years By A. Ananthalakshmi SINGAPORE (Reuters) - Gold fell on Friday for a seventh straight session, in its longest losing streak since March 2009, as the dollar strengthened and investors cut exposure to the precious metal, fearing further drops and choosing e
Yahoo! News | May 17, 2013 06:35 AM [GMT] | comment? | recommend

Oil falls below $95 on choppy growth outlook BANGKOK (AP) The price of oil fell below $95 per barrel Friday after new signs of a choppy economic recovery in the U.S.
Yahoo! News | May 17, 2013 05:20 AM [GMT] | comment? | recommend

China president takes charge of sweeping economic reform plans: sources By Kevin Yao BEIJING (Reuters) - Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalize the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local government debt an
Yahoo! News | May 16, 2013 9:07 PM [GMT] | comment? | recommend

Harper says household debt not his biggest worry NEW YORK (Reuters) - Canada's soaring consumer debt is backed by solid assets, Prime Minister Stephen Harper said on Thursday, saying he was more worried about economic problems outside the country. Canadian households now owe C$1.65 for every dollar
Yahoo! News | May 16, 2013 7:20 PM [GMT] | comment? | recommend

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