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Tour operators organising trips to Britain are seeing an average 90 percent downturn in bookings during the London 2012 Olympics, a survey by an industry group said, with sports fans failing to compensate for those wanting to avoid a packed city.

MasterCard Incorporated (NYSE:MA) reported third-quarter earnings of $5.63 per share on revenues of $1.81 billion, blowing past analysts estimates that had expected the company to report earnings of 4.82 per share and revenues in the vicinity of 1.71 billion. Increased volume from international consumers played a role, as did U.S. consumers ditching debit for credit.

Tory Burch's Preppy-bohemian line never ceases to amaze. Burch is consistently revolutionizing her luxe line of eclectic caftans, shift dresses, cardigans, handbags, and (of course) iconic ballet flats.

Stunning accusations that a top California Democratic campaign treasurer looted the war chests of her big-name clients have left candidates across the state scrambling to raise more money as election season looms.

Stock index futures pointed to a higher open on Wall Street Thursday after a guidelines document said the European rescue fund will be able to buy bonds on the secondary market.

American Express posts third-quarter earnings of $1.24 billion, up 13% year over year. Earnings per share were $1.03 from $0.90 a year ago, beating analyst consensus estimates.

The flash sales business has lost some of its flash, forcing online luxury clothing merchants such as Gilt Groupe, Ideeli and Rue La La to radically change their business models.

World Monuments Fund has released its 2012 Watch list of 67 cultural-heritage sights at risk.

Indictments of 111 people were handed up Friday in one of the largest identity-theft busts of its kind in the U.S., with thousands of victims in Europe, the Middle East, and China. Thus far, 86 people are in custody and the rest are being sought.

Formerly known for its e-ink-based e-readers, Amazon's place in the tablet wars was secured Wednesday with its introduction of the new Kindle Fire. The tablet has 7-inch IPS screen, 1GHz TI OMAP dual-core CPU, 512MB of RAM, 8GB of internal storage and weighs 14.6 ounces and currently runs on a customized Android 2.3 operating system. With the long-awaited Amazon tablet now on the market, the company appears now to be poised for further expansion in the direction of e-readers and devices. Many...

The 2014 Super Bowl host committee has already unveiled a logo for the event.

Google launched its mobile payments platform Google Wallet on Monday, and while it has a lot of potential, how useful is the platform right now?

Google has launched its first version of the Google Wallet app to Sprint, a significant step in the implementation of near field communication (NFC) technology.

Twitter has included paid tweets from companies which are not so popular on the micro-blog site. It started showing ads from these companies from Tuesday.

U.S. prosecutors have launched a criminal probe into whether eBay Inc employees took confidential information from classified ad website Craigslist as eBay sought to build a rival service, a copy of a grand jury subpoena obtained by Reuters shows.

On Sept. 11, 2001, I was 11 years old. I can't say when exactly I realized how young that was to understand the enormity of the attacks. But 10 years removed, I see it. For me, the world isn't divided into before and after the attacks, because there is no before.

Hewlett-Packard could sell low-margin PCs to focus on high-margin services

Visa Inc said it would accelerate the move to chip technology and speed up the use of mobile payments in the United States, as the world's largest payment processor tries to corner a share in the nascent smartphone payments market.

U.S. consumer credit borrowing in June jumped to highest numbers since August 2007, the Federal Reserve announced today.

Goldman Sachs International sold HK$3.73 billion ($478.7 million) worth of shares in Industrial and Commercial Bank of China Ltd, the world's largest lender by market value, in what it said was a transaction to help a client hedge its position in the bank.

The earnings season is when a large number of publicly traded companies release their quarterly earnings reports. The earnings season is so far topping Street views at a pace above typical quarters.

Google Inc is introducing a credit card for its advertising customers, offering its clients a credit line to try and drum up business as competition in the online ad market heats up.

American Express Co posted a 31 percent increase in second quarter profits, beating analysts' expectations, as customers spent more on their cards and the company's processing revenue jumped.

For those looking for real evidence of global economic recovery, here's some good news: Luxury is back.

New York City’s Summer Restaurant Week is officially upon us for the next TWO WEEKS, with over 300 restaurants offering prix-fixe lunch and dinner menus at severely discounted rates.

The stock market was on fire today after investor confidence increased after two promising reports on the job market were released. The Dow Jones industrial average gained 94 points or 0.7%, closing at 12.720.

Stephen Colbert, who hosts Comedy Central's The Colbert Report, has received approval from the Federal Election Commission (FEC) to form his own Super PAC.

The much-debated proposal to implement the Durbin amendment cap on debit-card interchange fees came in focus once again Wednesday as Fed raised the debit interchange rate cap to 21 cents.

The location-based social networking website, Foursquare Labs Inc., based on software for mobile devices has raised $50 million in new venture capital. Now, the New York-based company is valued at approximately $600 million according to TechCrunch report.