The economy is rebounding as America’s shoppers snap back to life. That adds up to what should be a solid showing in the opening quarter of this year. The fresh picture of the nation’s economic health that the Commerce Department will release Friday is expected to provide the strongest evidence yet that the economy is strengthening.
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Yaab

The U.S. attorney’s office in Manhattan is conducting a criminal investigation of Goldman Sachs over mortgage securities deals the big Wall Street firm arranged, a knowledgeable person said Thursday.
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Yaab

Japan’s central bank kept its key interest rate near zero Friday and said it would redouble efforts to boost the world’s No. 2 economy.
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Yaab

Japan received an uneven assessment of its economic health Friday with indicators showing an increase in joblessness and ominously falling prices.
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Yaab

Asian stocks advanced Friday, following overseas markets higher as signs the U.S. economy was healing and debt-ridden Greece might soon be rescued eased anxiety about the global outlook.
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Yaab

Asian stock markets were mostly higher Thursday after two days of selling, but investors were treading cautiously after Spain became the third European country this week hit with a downgrade of its debt.
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Yaab

Tobacco companies would be forced to use plain, logo-free packaging on their cigarettes in a bid to make them less attractive to smokers under legislation introduced Thursday by Australia’s government, which dubbed the move a world-first.
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Yaab

Asia’s strong rebound from the global slowdown remains vulnerable to weak demand in Western economies, the International Monetary Fund said Thursday in a report suggesting China should let its currency strengthen as part of measures to reduce the region’s dependence on exports.
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Yaab

Oil prices hovered above $83 a barrel Thursday in Asia, weighed down by signs of weak U.S. crude demand and an escalating European debt crisis.
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Yaab

Baidu Inc., which operates China’s most popular Internet search engine, said Thursday its first-quarter profit jumped 165 percent on a rise in revenue and numbers of advertising customers.
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Yaab