China has confirmed it has conducted a successful test flight of its new stealth fighter. Following on the heels of the US and Russia, it is now the third country to put a stealth prototype into the air. The plane flew for about 15 minutes over an airfield in the southwestern city of Chengdu....

  Oil rallied, touching $100 a barrel in New York for the first time since October 2008, as Libya’s uprising threatened to halt exports. Stocks fell amid concern higher energy costs will slow economic growth, while Treasuries dropped after a $35 billion auction. Crude for April delivery...