2010 | featured news

Germany, fueled by a second half double from Thomas Mueller, thrashed long-standing rivals England 4-1 in a controversy-filled encounter on Sunday to book a spot in the last eight of the World Cup.

Sales of previously occupied homes dipped 2.2 percent in May, suggesting government home-buying incentives are winding down earlier than anticipated.

Electric-car maker Telsa Motors, which makes a luxury all-electric car that sells for $109,000, hopes to raise $178 million from its IPO, which could debut on Nasdaq on June 29.

If Microsoft has its way, we all will be playing video games by moving our bodies instead of holding remotes starting November 4.

Japan earned its first World Cup victory on foreign soil Monday when Keisuke Honda scored in the first half for a 1-0 victory over uninspired Cameroon in Group E of the World Cup.

Spending fell 1.2%, the biggest dip in eight months. Auto sales were down 1.7%. Retail sales plunged in May by the largest amount in eight months as consumers slashed spending on everything from cars to clothing.

Carriers report higher traffic figures for May.

Employers added 431,000 nonfarm jobs, the biggest monthly increase in a decade, but most of the reported growth was in government jobs.

Retailers are reporting tepid business in May after cool weather and fresh concerns about the economy had shoppers cutting spending on clothing and other nonessentials.

General Motors said its U.S. sales in May jumped 32% for the four brands the company kept after its restructuring thanks to continued strong demand for crossover vehicles and cars.