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Pakistan found itself in the crosshairs of Middle Eastern politics on Tuesday as Saudi Arabia named it as part of its newly formed 34-nation military alliance of Muslim countries meant to combat terrorism, without first getting its consent.

Embattled Valeant Pharmaceuticals has slashed its expectations for the fourth quarter and all of 2015, with about two weeks left in both, and issued a guarded outlook for next year as well.

Oil prices retreated in Asian trading hours on Wednesday following fresh indications of growing oversupply ahead of the US Federal Reserve s long-awaited decision on interest rates.

While city council voted 8-0 in favor of the rule change, Seattle Mayor Ed Murray yesterday said he does not plan to sign it. The bill still can become law even without his signature.

On Monday, the S&P 500 and Dow ended a volatile session with gains (http://www.marketwatch.com/story/us-stocks-set-to-rise-try-to-recover-from-last-weeks-tumble-2015-12-14), helped by a rebound by hard-hit crude...

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,000 or less) remained unchanged at 4.14 percent, with points increasing to 0.45 from 0.43 (including the origination fee) for 80 percent loan-to-value ratio loans.

Congressional leaders agreed on a fiscal plan that would lift the 40-year-old ban on crude oil exports.

A few rain showers will linger into the first half of the overnight, but the bulk of the rain will be through during the day.

Falling gasoline prices left inflation unchanged in November but core prices edged higher, the government said Tuesday in a report that the Federal Reserve will review closely as it weighs a likely hike in interest rates this week.

In November, however, payrolls rose by 211,000, the recent report reveals. And the government revised up its estimated job growth for September and October by a combined 35,000. The unemployment rate remained unchanged at 5 percent.

Nestle then moved the Supreme Court and the apex court had on Tuesday sought the centre’s response to a plea of Nestle India Ltd against the NRDC order order for testing of 16 more samples of Maggi noodles in connection with the government’s Rs640 crore suit against...

The FBI said the shooting on Wednesday is being investigated as terrorism, despite objections from Farook’s family, who said the declaration is “premature” and “irresponsible”.

The International Atomic Energy Agency on Tuesday officially closed its probe into Iran’s past nuclear activity after roughly a decade of of investigation, meaning the full extent of the Islamic Republic’s former nuclear ambitions may never be known.

Eurozone private sector activity expanded strongly in December underpinned by broad based growth in manufacturing and services, flash data from Markit showed Wednesday. The sector contracted in five out of the first ten months of the year, indicated by a reading below 50.

The US Secretary of State John Kerry is meeting with his Russian counterpart, Sergey Lavrov, in a bid to find “common ground” on the Syria crisis.