London Luxury-Home Price Increases May Slow

Luxury home prices in London, the world's most expensive city, may increase at a slower pace this year as more properties come onto a...

US Retail Sales Jump, Import Prices Rise

Retail sales in the U.S. jumped by the most in more than a year in May as Americans flocked to malls, undeterred by record...

U.S. Stocks Gain After Retail Sales Rise, Bond Yields Decline

U.S. stocks gained after retail sales jumped more than forecast and bond prices rose.  Target Corp., the second-biggest discount chain, and Home Depot Inc., the...

London beats NY as business top spot

London stood at the top of a list of 50 cities as the world's biggest commerce centre, beating New York, Tokyo and Chicago, according...

Treasury Yields Rise to Highest in 5 Years on Greenspan Warning

Yields on 10-year Treasury notes climbed to the highest in five years as former Federal Reserve Chairman Alan Greenspan predicted an increase in benchmark...

Oil Falls on Speculation Report Will Show U.S. Fuel Supply Rose

Crude oil fell on speculation that an Energy Department report tomorrow will show U.S. fuel inventories increased as refiners boosted operating rates. Gasoline supplies rose...

Tel Aviv 25 index hits month-long low

The Tel Aviv Stock Exchange fell today. The Tel Aviv 25 index fell 1.64% to 1092.92 points, the Tel Aviv 100 fell 1.48% to...

Wall Street to Report Smallest Profit Gain in 2 Years

Goldman Sachs Group Inc., Morgan Stanley, Lehman Brothers Holdings Inc. and Bear Stearns Cos. probably will report a combined 3.5 percent increase in second-...

Treasuries Fall as Pianalto Says Inflation Uncomfortably High

U.S. Treasuries fell, extending five weeks of losses, as Federal Reserve Bank of Cleveland President Sandra Pianalto said inflation is "uncomfortably high.''

10-Year Treasuries Head for Biggest Weekly Decline in Two Years

U.S. Treasury 10-year notes are poised for their biggest weekly decline in more than two years, even after recovering from early losses today, on...

U.S. Stocks Advance After Oil Price Falls

U.S. stocks gained for the first time in four days, led by technology shares, after oil prices fell and exports climbed to a record.

Shekel-dollar rate reaches

The shekel-dollar exchange rate rose 1.025% today, and the Bank of Israel set the representative rate at NIS 4.14/$ a two-month high. Today’s rise...

Inflation Fears Again Chill the Markets

Anxiety over high inflation, which has preoccupied investors all week, sent bond prices falling today and pushed the interest rate on the benchmark United...

Japanese Stocks May Fall on Concern Over Higher Interest Rates

Japanese stocks may decline, paced by exporters such as Canon Inc., on concern rising global interest rates will curb consumer spending and corporate profits....

Treasury 10-Year Note Falls Most in 3 Years as Yield Tops 5%

The benchmark 10-year U.S. Treasury note fell the most in more than three years after New Zealand unexpectedly raised interest rates, igniting concern other...

Yerushalayim / Manhattan: Real estate records broken

The Israeli real-estate company Alrov sold an apartment in the Mamilla housing project in Yerushalayim for a record-breaking $9 million to a European citizen whose...

Paul Wolfowitz to resign

World Bank President Paul Wolfowitz to resign at the end of June, bank directors announced in a written statement. (CNN)

Israeli researchers develop new laptop processor

Intel Corporation announced yesterday the launch of a new version of the Centrino processor for laptops. The new platform, which includes the new Intel...

Africa-Israel buys New York Times Building

Africa-Israel Investments Ltd announced its largest ever deal in New York today. The company has bought ownership of the New York Times Building, an...

Dow Jones breaks record hitting 13,000

The Dow Jones industrial average shot past 13,000 for the first time Wednesday, powered by better-than-expected corporate earnings that boosted investors' confidence in the...

Important message for Turbotax users

(A YW reader submitted the following email. If you filed your taxes with Turbotax, you should read this!) I am a software tester by...

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