Dozens Killed in Moscow Subway Blasts

Two blasts blamed on female suicide bombers ripped through packed Moscow trains during morning rush hour, killing at least 35 people, wounding dozens more and filling two stations with dense smoke as panicked commuters scrambled to escape.

China Sentences Rio's Hu to 10 Years

A Shanghai court found an Australian executive at mining giant Rio Tinto guilty of charges he accepted bribes and stole commercial secrets and sentenced him to a combined 10 years in prison.

Dow, Oil Gain; Dollar Falls

Stocks climbed, led by a surge in the energy sector, as the dollar weakened and crude-oil prices rose.

World Bank Chief Sees Chance to Revalue Yuan

China's efforts to make its economy more consumer-driven could become an opportunity for Beijing to revalue its currency, said World Bank President Robert Zoellick

Spending Rises; Income Stagnant

U.S. consumer spending in February rose 0.3%, even though their incomes didn't budge amid high joblessness, while inflation stayed benign.

GM Delays Filing Financial Report

General Motors said it will delay by two weeks the release of financial results for the fourth quarter, which will be the first official disclosure of the auto maker's financial performance since exiting bankruptcy last year.

Mortgage Payment Spike Blunted

The housing market appears as if it will sustain less damage than expected this year from a spike in the monthly payments on hundreds of thousands of exotic adjustable-rate mortgages.

Treasury Sets Plan to Sell Citi Stock

The Treasury announced it plans to sell roughly 7.7 billion Citigroup common shares this year.

Greece to Issue Seven-Year Bond

Greece is looking to raise as much as $6.71 billion from its third syndicated bond offering of the year, coming just four days after the European Union announced a rescue plan in case of a Greek insolvency.

Bank-Tax Concept Gains Momentum

The U.S. and European governments are moving toward a consensus on taxing large banks to cover the cost of any future bailouts rather than asking taxpayers to foot the bill, as happened regularly in past banking crises.

China's Central Bank Taps Scholars

China's central bank named three prominent scholars to its monetary policy committee, expanding the range of its outside advisers at a time when it faces a series of tough decisions on the currency, interest rates and other economic policies.

AIG Sells Part of Asset-Management Unit

AIG has sold part of its asset-management business to private-investment firm Pacific Century Group for $277 million.