NEW YORK (Reuters) – U.S. stocks edged higher in choppy trade on Monday on optimism over holiday retail sales and a stronger-than-expected report on Midwest business activity.

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Stocks gain as retail sales counter Dubai

DUBAI (Reuters) – Dubai’s government said on Monday it was not responsible for the debts of its flagship conglomerate, offering little clarity on a plan to delay billions in debt repayments that has rattled world markets.

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Dubai debt worries linger, Gulf stocks suffer

BOSTON (Reuters) – Business activity in the U.S. Midwest expanded more than expected in November, reaching its highest level in over a year as new orders jumped, a report showed on Monday.

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Midwest business expands as orders jump

Bargain shoppers kept retailers busy on Black Friday and Cyber Monday fueled hopes for more business, but experts are sticking to a forecast that holiday sales will decline this year.

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Cyber Monday could boost retailers holiday shopping hopes

EPATraders work on the floor of the New York Stock Exchange.NEW YORK — Stocks fluctuated in a tight range today as investors weighed concern about fallout from Dubai’s debt crisis against improving signs from U.S. consumers. After initial sharp drops…

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Stocks idle as traders assess Dubai financial worries

NEW YORK (Reuters) – U.S. stocks were little changed on Monday after the Chicago purchasing managers index, a gauge of regional business activity in the U.S. Midwest, expanded more than expected in November.

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Stocks little changed after Chicago PMI

Stocks are trading slightly lower as investors weigh concern about fallout from Dubai’s debt crisis against improving signs from U.S. consumers. Global markets were stabilizing Monday following an announcement late last week that Dubai World, the main…

Dubai – United Arab Emirates – United States – Middle East – Stock

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Stocks open slightly lower on Dubai concerns

DUBAI (Reuters) – The Dubai government disclaimed responsibility for the debts of Dubai World on Monday, dealing a blow to creditors’ assumptions that the Arab emirate would guarantee the conglomerate’s liabilities.

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Dubai says not responsible for Dubai World debt

Making one’s true love happy will cost a whopping $87,403 this year, a minuscule increase from last year, according to the latest cost analysis of the items in the carol “The Twelve Days of Christmas.” That’s the grand total for the single partridge in a pear…

Twelve Days of Christmas – Christmas – Holidays – Opinions – Entertainment

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’12 Days of Christmas’ items’ cost would top $87K

Caterpillar Inc. said Monday it plans to buy a subsidiary of a South Korean manufacturer of components for earthmoving and other machinery. The world’s largest maker of mining and construction equipment says it will acquire JCS Co. Ltd., a subsidiary of…

Caterpillar – Engineering vehicle – Business – South Korea – Manufacturing

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Caterpillar acquires S. Korean manufacturer

North Dakota regulators are moving to strengthen oil production rules to give landowners more information about accidents and plans to reclaim their property when the oil pumping stops. The proposed rules, which are likely to take effect next spring, would…

North Dakota – United States – Society and Culture – Politics – Science and Environment

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Regs mandate more info for ND oil-patch landowners

European stock markets fell modestly Monday amid concerns about Dubai’s debt problems, even though the United Arab Emirates’ central bank pledged to stand behind local and foreign banks. Investors in Europe, however, continued to worry about the fallout from…

United Arab Emirates – Dubai – Middle East – Stock market – Asia

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Dubai debt fallout remains focus in world markets

CHICAGO (Reuters) – Shares of Best Buy Co Inc , Amazon.com and American Eagle Outfitters Inc rose on Monday morning as investors bet they were gaining a larger share of spending over the holiday shopping season.

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Amazon, Best Buy up after Black Friday weekend

Dominant N.J. financial institution seeks to comply with law to aid consumer understanding

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Bank of America spells out credit-card fees, rates

EPATraders work on the floor of the New York Stock Exchange.NEW YORK — Stock futures were modestly higher today as investors try to balance concern about fallout from Dubai’s debt crisis against encouraging signs from U.S. consumers. After initial sharp…

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Wall Street expects higher start as traders’ Dubai worries diminish