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Existing home sales highest in almost three-and-a-half years
WASHINGTON - Home resales rose in April to the highest level in nearly 3-1/2 years, which should support the housing sector and the overall economic recovery.
Recent Top News
Witness undermines case against Russian protest leader
KIROV, Russia - A Russian official undermined state prosecutors' case against protest leader Alexei Navalny at his trial on theft charges on Wednesday, saying that he had done no harm.
Bernanke offers no hint of pullback in Fed stimulus
WASHINGTON - The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben Bernanke said on Wednesday.
Ukraine PM bars reporters from government meetings after protest
KIEV - Ukrainian Prime Minister Mykola Azarov ordered a dozen local reporters to be barred from covering government meetings after they staged a protest on Wednesday over attacks on journalists at a rally.
Militants release seven Egyptians kidnapped in Sinai
CAIRO/ISMAILIA - Seven Egyptian security men kidnapped by Islamist militants in Sinai last week were freed on Wednesday and President Mohamed Mursi vowed to pursue a crackdown on lawlessness in the desert peninsula.
Iran, Hezbollah increasing support for Assad: Britain
AMMAN - British Foreign Secretary William Hague said on Wednesday Iran and its militant Shi'ite Lebanese ally Hezbollah were "propping up" Syrian President Bashar al-Assad and giving him increasing support.
Disgraced ex-congressman Weiner announces candidacy for NYC mayor
NEW YORK - Two years after resigning from Congress in a lewd photo scandal, former U.S. Representative Anthony Weiner announced in a video message early on Wednesday he is running for New York City mayor.
New Iceland government freezes EU talks till referendum
REYKJAVIK - Iceland's center-right Progressive and Independence parties agreed on a coalition government on Wednesday and said they would freeze talks on entering the European Union until a referendum on whether or not to continue the process.
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