Investors cash in on land deals as housing picks up
NEW YORK - From the outskirts of Las Vegas to the coast of California, stretches of undeveloped land in some of the most depressed housing markets in the country are in high demand. Full Article | Video
With $114 million, Obama just outraises Romney in August
WASHINGTON/BOSTON - President Barack Obama's campaign and its Democratic partners raised more than $114 million in August, narrowly beating Republican rival Mitt Romney for the first time in months as the race for the White House approaches its final stretch.
GM's Volt: Ugly math of low sales, high costs
Two years after the introduction of its path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds. And cheap lease offers meant to drive more customers to showrooms this summer may have pushed that loss even higher. Full Article
U.S. transfers Bagram prison to Afghan control
KABUL - The United States handed control of the controversial giant Bagram jail and its 3,000 suspected Taliban inmates to Afghan authorities amid concerns the transfer could leave prisoners vulnerable to further rights abuses. Full Article
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U.S. groups funded Dutch anti-Islam politician
AMSTERDAM/NEW YORK - Anti-Islam groups in America have provided financial support to Dutch anti-immigration politician Geert Wilders, whose Freedom Party is a rallying point for Europe's far right. Full Article
Health issues, funding feud on 9/11 anniversary
NEW YORK - Eleven years after the September 11, 2001 attacks, New Yorkers will mark the anniversary against a backdrop of health concerns for emergency workers and a funding feud that has stopped construction of the $1 billion Ground Zero museum. Full Article
Openness at high court facing gay rights cases
This year, major gay rights disputes come before a Supreme Court that has shown increasing acceptance of the gay men and lesbians employed there. But it can be difficult to tell how a justice's personal involvement with gay people might influence rulings. Full Article
Can Israel still count on surprising Iran?
JERUSALEM - Prime Minister Benjamin Netanyahu's cancellation of a security cabinet session on Iran following a media leak last week laid bare a conundrum long troubling Israeli strategists: could they count on any element of surprise in a war on their arch-foe? Full Article
Japan to buy disputed isles, angering China
TOKYO/BEIJING - Japan has agreed to buy a group of islands disputed with China from their private owners, prompting an angry rebuke from China a day after Chinese President Hu Jintao warned against such an "illegal" move. Full Article
Wealth Strategies: If sitting President runs, markets cheer
Sep 10 - Jeff Hirsch of the Stock Trader's Almanac says markets tend to rally when a sitting President runs for re-election and points out that a Democratic President and Republican Congress has been the best combination
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Spain and Italy mustn't blow Draghi's plan
The ECB has bought Spain and Italy time to stabilize their finances. If they drag their heels, the market will sniff them out. It will then be almost impossible to come up with another scheme to rescue the euro zone’s two large problem children and, with them, the single currency. Commentary
Parsing the middle-class pablum
Both presidential candidates stayed disappointingly true to form. Romney was cautious and vague. Obama was cautions and incremental. The middle class heard some debate, but mostly got pandering. Commentary
Can the SEC ever improve?
Reform of an elephantine agency is hardly a prospect anyone wants to contemplate. But if the SEC continues to lose high-profile enforcement cases, it’s possible that Americans will lose faith in the agency in the same way, as Chairman Schapiro said, they have lost faith in the markets regulated by it. Commentary
Romney and Ryan's dangerous tax roadmap
Romney and Ryan's approach favors dynastic wealth with largely tax-free or completely tax-free lifestyles, encouraging future generations of shiftless inheritors. What we need instead is a tax system that encourages strivers in competitive markets, not a perpetual oligarchy. Commentary
Obama makes his case under Reagan's shadow
In 2008, Mr. Obama identified the force of Reagan’s leadership because he aspired to have the same impact. But the problem for him — and for American liberals in this century more broadly — is that the task they have set for themselves is both harder to do and, crucially, harder to explain. Commentary
Amazon and the tablet market's 7 / 10 split
Amazon's new large tablet has a slightly smaller screen than the iPad's 9.7 inches. But the entry-level price is $200 less and only $100 more than the industry standard price for the new 7-inch interlopers, pioneered by Amazon. Why bother overtly taking on Apple? Because Amazon can – and almost only Amazon can. Commentary
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Germany should lead or leave: Soros
Germany needs to embrace its leadership role in Europe or leave the euro, veteran investor George Soros tells Thomson Reuters Digital Editor Chrystia Freeland. Video
Romney blasts Ryan-backed debt deal
WASHINGTON - Mitt Romney denounced last year's bipartisan debt-ceiling deal that helped avert an unprecedented government debt default even though one of its backers was his running mate, Paul Ryan. Full Article
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