A surge in exports, a rebound in the building sector and a pickup in investment resulted in the German economy reporting its fastest economic growth rate in two decades during the second quarter of 2010, the statistics office said Tuesday.
Sales of existing homes in the U.S. plunged to their lowest level in 15 years as government tax incentives expired, signalling deep trouble for a housing market that launched the country into crisis in 2008.
Private-sector job creation has been weak in recent months, as few companies seem comfortable taking on the risk of new hires. But anemic job reports may also be attributable, at least in part, to hiring alternatives.
Elin Nordegren and Tiger Woods are officially divorced, according to a statement posted by their lawyers on the golfer's web site Monday.
A great Hispanic leader passed away Wednesday with his wife by his side. Dr. Mario G. Obledo, president of the National Coalition of Hispanic Organizations, died of a heart attack near his home in Sacramento.
Israeli Prime Minister Benjamin Netanyahu and Palestinian President Mahmoud Abbas have agreed to relaunch direct negotiations on Sept. 2 aimed at restoring peaceful relations between the two long-feuding nations.
New claims for jobless benefits went the wrong way last week, dampening hopes of a job market turnaround and raising fears the recession will grind on and deepen.