U.S. stocks start week higher, as ebbing fears over a contraction in global economic growth bring back appetite for riskier assets. See full story.
BP deadline looms for containment plan update
BP's spill in the Gulf of Mexico continued to leak about 20,000 barrels a day Monday, ahead of a showdown this week between President Barack Obama and BP Chairman Carl-Henric Svanberg as the environmental crisis approaches its eighth week and a price tag nearing $2 billion thus far, with action on several fronts. See full story.
BP to meet on dividend as costs reach $1.6 bln
BP’s board members were due Monday to determine their strategy on dividend payments as the company said that the cost of cleaning up the still-uncapped Gulf of Mexico oil spill has reached $1.6 billion. See full story.
Oil rises as European data support demand hopes
Crude futures rally nearly 3%, reclaiming the $75-a-barrel mark, as stronger European manufacturing data and a return of investor enthusiasm for stocks, commodities and other assets seen as likely to benefit from global economic growth set a constructive backdrop. See full story.
BP losses keep British share gains in check
British shares edged higher on Monday, with gains for miners barely outweighing another decline for BP as the oil giant continues to battle to stem a massive oil spill in the Gulf of Mexico. See full story.
MARKETWATCH COMMENTARY
The models may be smaller, but Microsoft's chief expects PCs to keep on truckin'. See full story.
MARKETWATCH PERSONAL FINANCE
They sure are cute, but raising your kids is going to set you back some serious cash, according to recently released government data.
