Wall Street Slips Amid Mixed Housing Data
The markets fell on Wednesday as traders digested mixed data on the U.S. housing market and awaited another round of testimony from Federal Reserve Chairman Ben Bernanke.
Brazil Local Content Policy Inhibits Oil Development
Local content laws slowing petroleum production -analysts -Policy risks protecting inefficient companies -economist -Government aims to help domestic suppliers improve, meet demand RIO DE JANEIRO--Brazil's government is betting that laws requiring oil companies to purchase goods and services
Grim Data Point To Deeper Spanish Crisis
Spain's housing and banking sectors continue to deteriorate, grim new government data showed Wednesday, suggesting the country's economy remains caught in a protracted recession.