Billionaire Warren Buffet optimistic on US stocks

WASHINGTON: Billionaire Warren Buffett said the US economy is moving in the right direction and praised the policies of both President Barack Obama and his predecessor George W. Bush, in an interview that aired Sunday.

Euro Resilient Amid Doubts of Turmoil as Dire: Cutting Research

The euro has often ignored policy maker pronouncements and “danced to its own tune” during the region’s sovereign debt crisis, according to a working paper published by the European Central Bank.

Global shares fall, euro slides as Monti deepens Italy uncertainty

(Reuters) - The euro slipped towards a two-week low on Monday while shares and Italian bond prices also fell after Italian Prime Minister Mario Monti's decision to resign deepened euro zone uncertainty.