The U.S. central bank's latest Beige Book summary of national conditions, based on information before July 19, said activity "continued to increase, on balance" though Cleveland and Kansas City said ...
California Governor Arnold Schwarzenegger declared a state of emergency over the state's finances on Wednesday, raising pressure on lawmakers to negotiate a state budget that is more than a month ...
The most amazing thing about the Internet is how many industries it’s wrecked. File sharing and iTunes forever changed music’s economics; blogging and other forms of online content have killed ...
The Euro hit a two-month high against the dollar on Tuesday as Greece successfully returned to the capital markets, while stocks rallied for the sixth straight session following a strong ...
In the third in a series of statements explaining its work to the Chinese public, the State Administration of Foreign Exchange sought to allay concerns in the outside world that ...
The initial public offering (IPO), which is raising funds to replenish capital, still faces a tough aftermarket, with a debut planned for July 15 in Shanghai, and a day later ...
Baidu stands to be the biggest beneficiary in China's search sector after Google Inc relocated its China servers to Hong Kong following a high-profile spat with Beijing over censorship and ...
But several European officials attending a high-level meeting of the U.N. Economic and Social Council countered by saying that the market, not politicians, would determine what currencies countries would keep ...
Private equity firm Elevation Partners purchased $120 million in Facebook stock from private shareholders, valuing the company at $23 billion, according to a person familiar with the matter. The stock ...
The company also earned a solid net profit, in the tens of millions of dollars last year, one of the sources said.That growth in profit and revenue underscores how Facebook ...
The move is expected to hurt retail clients who could be asked to pay new monthly maintenance fees on the most basic accounts that do not generate a lot of ...
The order to the bank's traders came from a high-level executive and was made on Monday, according to a source familiar with it. It told traders not to engage in ...
There was a risk of renewed recession in Europe, Roubini said in an interview with Swiss daily Tages-Anzeiger."There is that risk, at least for the euro zone. Growth will fall ...
The offering will test the appetite for renewable energy firms in a market heavy with property and financial companies. The Hong Kong stock exchange said earlier this year it would ...
Yes, I am mad as hell again. Wall Street's soulless, immoral, greedy bankers really believe that the vast majority of America's 95 million investors are not only "predictably irrational" but ...
