Obama talks up middle class

Obama talks up middle class

President Barack Obama used Saturday’s Labor Day-themed weekly address to stress the focus of his policies toward strengthening the U.S. middle class.

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New mortgage-relief plan set for Tuesday launch

New mortgage-relief plan set for Tuesday launch

The Obama administration on Tuesday will launch its latest efforts to rescue the failing housing market, according to a media report Saturday.

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Christchurch under curfew after quake

Christchurch under curfew after quake

Authorities ordered an overnight curfew Saturday in New Zealand’s second-largest city, Christchurch, to protect residents from falling debris and other dangers caused by a magnitude 7 earthquake.

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Downgraded Earl brushes U.S.

Downgraded Earl brushes U.S.

The tropical storm formerly known as Hurricane Earl passed by most of the northeastern U.S. Friday before making landfall on the eastern edge of Canada on Saturday morning.

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Earl slows to tropical storm after hitting Canada

HALIFAX, Canada, Sept 4 (Reuters) – Earl has slowed to a tropical storm, with wind speeds of some 60 knots, or just below 70 mph (113 kph), the Canadian Hurricane Centre said on Saturday.

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Canadians say Earl packs hurricane-speed winds

HALIFAX, Canada, Sept 4 (Reuters) – Canadian forecasters have measured hurricane-speed winds from buoys near the center of Earl and view the storm as a Category One hurricane.

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NewsWatch: Stocks close higher on jobs optimism

NewsWatch: Stocks close higher on jobs optimism

U.S.

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ECB’s Trichet urges European unity at IMF

CERNOBBIO, Italy, Sept 4 (Reuters) – Europe needs to agree common positions on international issues at the International Monetary Fund, European Central Bank President Jean-Claude Trichet said on Saturday.

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G20 leaders agree economic recovery to continue

GWANGJU, South Korea, Sept 4 (Reuters) – The G20 members agreed on Saturday the global economic recovery would stay and the recent investors’ anxiety appeared overdone, a South Korean delegate said.

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Swatch Group CEO says August sales strong-paper

Swatch Group CEO says August sales strong-paper

ZURICH (Reuters) – Swatch Group , the world’s largest watchmaker, is on track to achieve record sales and profit this year after August sales confirmed the strong pickup in demand seen in the first half, the group’s CEO was quoted as saying.

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