Trade gap surges to nearly 3-year high on oil | July 12, 2011 11:43 AM ET | WASHINGTON (Reuters) - The U.S. trade gap widened sharply in May to its highest level in nearly three years as surging oil prices helped push imports to a near record and exports fell slightly from April's all-time high. | Full Article | | | US TOP NEWS | British government moves to halt Murdoch Sky bid | July 12, 2011 04:17 PM ET | LONDON (Reuters) - The British government endorsed a move in parliament to block Rupert Murdoch's bid for broadcaster BSkyB on Tuesday, casting more doubt on his hopes to expand in television as a scandal widened over phone-hacking by one of his newspapers. | Full Article | Obama: seniors could be hurt without debt deal | July 12, 2011 04:20 PM ET | WASHINGTON (Reuters) - President Barack Obama raised the stakes in the third straight day of budget talks on Tuesday, warning that senior citizens and veterans may suffer first if the debt ceiling is not raised by August 2. | Full Article | Europe considers Greek default, leaders to meet | July 12, 2011 02:20 PM ET | BRUSSELS (Reuters) - Financial markets hammered the euro and European assets on Tuesday after euro zone finance ministers opened the door to a possible Greek default and failed to prevent contagion spreading to Italy and Spain. | Full Article | Fed minutes: some ready to ease if recovery lags | July 12, 2011 02:33 PM ET | WASHINGTON (Reuters) - Some Federal Reserve officials are ready to provide more monetary policy easing if the recovery is too sluggish to cut the lofty unemployment rate and if inflation eases as expected, minutes of their June meeting released on Tuesday show. | Full Article | China secures first top-level post at IMF | July 12, 2011 03:18 PM ET | WASHINGTON (Reuters) - China secured its first top-level management post in the International Monetary Fund on Tuesday, in a move that recognizes Beijing's growing clout in the global economy. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | |
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