Finance & Economics

Spending cuts delay plane deliveries at Qantas

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Australia in lower growth phase

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White House could fetch over 110 million dollars, says realtor

The White House, which has housed US presidents and their families since 1800, would list for about 110 million dollars on the open market, according to a Washington, DC area realtor.

Iranian delegation to visit India for trade talks

An Iranian mission will start a six- day trip to India on Sunday for talks to promote trade ties with the South Asian country, the semi-official Fars news agency reported.

US Hiring Disappoints, but Jobless Rate Ticks Lower

U.S. hiring has slowed sharply with employers adding only 115,000 jobs in April. That's well below the 160,000 jobs economists were expecting. The modest numbers released Friday by the U.S. Labor Department suggest the U.S. recovery may be losing...

Report: Funding Global Health Helps US Economy Grow

A new report by a coalition of global health groups says the United States is the world's top economic supporter of global health research and development. Not only is that a boost for the fight against disease, the report says, it's also good for the...

Facebook Estimating Value at Nearly $96 Billion in IPO

Facebook, the social network website used by more than 900 million people around the world, is about to go public.

Kindle being removed from Target shelves, website

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Thousands protest in Spain to defend health care, education

Thousands of people turned out Sunday in cities all over Spain to defend health care and education and to express their rejection of the government's plans to cut 10 billion euros ($13.3 billion) in financing for both public services to fulfil its...

Australian inflation marginally up in April

The consumer price in Australia continued to rise in April, said a survey released Monday.

The TD Securities-Melbourne Institute Monthly Inflation Gauge rose 0.3 percent in April following a 0.5 percent rise in March, TD Securities said.