Microsoft's massive jobs cuts are a necessary evil for the company's stock, which still has a long way to go before it can regain its former glory. Microsoft shares (NASDAQ:MSFT) rose 0.7% to $44.40 in midday trade Thursday, putting them on course to close at ...

Israeli ground forces are more likely to be sent into the Gaza Strip because of the refusal by Palestinian militants to halt their rocket attacks into Israel despite nine days of aerial bombardment, a senior Israeli military official said Wednesday. • Breaking-news ...

BEIJING--China will maintain steady economic growth in the second half, National Bureau of Statistics spokesman Sheng Laiyun said Wednesday. Economic growth is within a "reasonable range" and employment is largely stable, Mr. Sheng said at a ...

Federal Reserve Chairwoman Janet Yellen is in front of the Senate Banking Committee Tuesday to deliver the semiannual monetary policy report. Follow along as MarketWatch's Greg Robb live-blogs the proceedings and watch the video of the hearing.

JAKARTA, Indonesia — Early unofficial counts in Indonesia's presidential election Wednesday showed Jakarta Gov. Joko Widodo with a narrow lead over his rival, former army general Prabowo Subianto. Several independent organizations authorized to ...

Grigor Dimitrov celebrates his victory over defending champion Andy Murray in the quarterfinals of Wimbledon on July 2, 2014. The last time one of the “Big Four” of men's tennis didn't win Wimbledon, “My Big Fat Greek Wedding” was in movie theaters and ...

WASHINGTON (MarketWatch) -- The Markit Economics flash manufacturing purchasing managers index for the U.S. edged higher to a 57.5 reading in June from 56.4 in May. The index, similar in design to the Institute for Supply Management manufacturing ...

PARIS, Jun 21, 2014 (BUSINESS WIRE) -- GE (NYSE:GE) was informed today that the Alstom Board of Directors has unanimously decided to positively recommend GE's offer to acquire the Power and Grid businesses of Alstom. With this decision, the ...

Crude-oil futures were mixed in Asian trading hours Friday but remained elevated as the situation in Iraq continued to deteriorate. On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded at $106.58 a barrel at 0542 GMT, ...

LOS ANGELES (MarketWatch) — Gold prices extended recent gains on Thursday, aided by a weaker U.S. dollar after Federal Reserve Chairwoman Janet Yellen signaled short-term rates can be held steady for a while longer. At last check, gold for August ...

WASHINGTON — The Obama administration is signaling that it wants a new government in Iraq without Prime Minister Nouri al-Maliki, convinced the Shiite leader is unable to reconcile with the nation's Sunni minority and stabilize a volatile political landscape ...

NEW YORK (MarketWatch) — U.S. stocks were marginally lower on Wednesday with all attention turned to the Federal Reserve's two-day policy meeting and a press briefing by the Fed chairwoman Janet Yellen. The main benchmarks paused after three days ...

LONDON (MarketWatch) -- U.S. President Barack Obama is deploying up to 275 troops to Iraq to "provide support and security" for U.S. staff and the U.S. Embassy in Baghdad, as Sunni militants continue a campaign of insurgency headed for the country's ...

WASHINGTON (MarketWatch) -- President Barack Obama on Friday signaled the U.S. will not take any immediate military action to help the Iraqi army respond to Sunni militias that have taken control of many cities in the north. In a brief statement on the White ...

LONDON — The International Energy Agency said Friday Iraqi oil supplies aren't at immediate risk, though the return of oil exports from the country's north look increasingly elusive. The oil market (IET:UK:LCON4) has been focused on events in Iraq since ...

LONDON, June 11, 2014 /PRNewswire/ -- Platts – Oil production from the Organization of the Petroleum Exporting Countries (OPEC) climbed for the third consecutive month in May to total 29.97 million barrels per day (b/d), according to the latest Platts survey ...

Burning vehicles belonging to Iraqi security forces seen during clashes in Mosul between Iraqi security forces and an al Qaeda-linked insurgent group. BAGHDAD — Al Qaeda-inspired militants seized control of one of Iraq's largest cities Tuesday in a brazen ...

Burning vehicles belonging to Iraqi security forces seen during clashes in Mosul between Iraqi security forces and an al Qaeda-linked insurgent group. BAGHDAD — Al Qaeda-inspired militants seized control of one of Iraq's largest cities Tuesday in a brazen ...

Beijing and Moscow failed to clinch an agreement to pipe Russian gas to China on the first day of Russian President Vladimir Putin's Chinese state visit, signaling that price disagreements remain an obstacle to the long-stalled deal. Putin has made the ...

The signs have been there for some time, but Thursday's action finally put the wheels in motion for, while not a crash, a strong move to the downside. See full story. Dr. Dre (kinda) confirms Apple-Beats deal in (pulled) Facebook video. Is Dr. Dre set to become ...