The BRICS nations met for a summit in New Delhi, where, among other subjects, they discussed the possible formation of a joint development bank, closer integration of their respective stock exchanges, energy security and ongoing tensions in the Middle East. But they still wield no power as a bloc, says an expert who has studied the BRICS phenomenon
U.S. carmaker Ford Motor Co will invest $1.3 billion in its stamping and assembly plant in the northern Mexican city of Hermosillo, creating 1,000 jobs, a top company executive said on Friday.
Stocks bounced back from a string of declines on Friday, on track to close their strongest quarter in more than two years on a positive note.
Is a Canuck eligible for the big prize?
U.S. consumer spending increased by the most in seven months in February as households shook off a rise in gasoline prices, leading economists to raise forecasts for first-quarter growth.
The U.S. nonfarm payroll report on Friday will highlight the economic calendar this week -- April 2 to 6 -- even though it will be released on Good Friday when the stock market is closed.
Fans of Downton Abbey will have to wait several months for the addictive drama to return to the screen, leaving unanswered questions and only a few spoilers to tide viewers over. Until then, however, check out these television shows, mini-series and films that will help with the wait until Season Three.
In a hilarious new ad by Karl Rove linked group American Crossroads, President Obama is portrayed as a rogue James Bond type character and possible Russian double agent whose main mission is to weaken America.
House Republicans want to amend a law that empowers the U.S. government to indefinitely detain terrorism suspects, lending more conservative support to a cause that has in the past been championed mainly by Democrats and civil libertarians.
Chevron Corp. (NYSE: CVX), the second largest U.S. oil company, lost its fourth attempt to avoid paying $18 billion in environmental fines for polluting tracts of the Amazon.
The top U.S. diplomat is also set to meet with ministers from Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates before heading for talks with Turkish, Arab and Western leaders on the Syria crisis.
Gold prices rose on Friday as the dollar fell to a one-month low against a basket of currencies, including the euro, after European finance ministers agreed to boost the euro zone's debt crisis firewall to roughly 800 billion euros ($1.1 trillion).
We are witnessing the beginning of a new age in computing, an age that will allow computers to perform even thousands of times faster than the fastest supercomputer of our days. Those computers will operate on the exaFLOP level and are expected to appear by the end of the decade.
The Finnish phone maker Nokia, in collaboration with the American mobile operator AT&T, is gearing up for the release of Nokia's flagship phone - Lumia 900 - in the U.S. market. The phone will hit AT&T stores on April 8, two weeks earlier than initially scheduled.
Obese patients with diabetes may benefit more from weight-loss surgery than standard treatment, according to two new studies
Internet communities across the web are alleging Republican presidential candidate Rick Santorum slipped up in a speech criticizing President Barack Obama's foreign policy, resulting in what appears to be a racial slur.
A state board voted unanimously to order the election after Walker's foes collected over 900,000 signatures. Lt. Gov. Rebecca Kleefisch and four Republican state senators also will have to stand for a new election.
The Chicago Purchasing Managers' business barometer, commonly known as the Chicago PMI, for March dropped to 62.2, down from 64.0 in February and below analyst expectations of 63.0.
A preliminary study has found that green coffee beans taken daily can potentially speed up the process of weight loss.
The rise of Apple and Google in the smartphone market has caused others to fall, notably RIM. The former powerhouse among business users has continued to lose market share, now accounting for five percent of U.S. smartphone sales.
Consumer spending increased by the most in seven months in February as households shook off a rise in gasoline prices, suggesting the economy may not have slowed as much this quarter as economists had thought.
China responded to U.S. claims of alleged involvement in cyberattacks by calling the accusations irresponsible and unprofessional. A defense ministry official attacked attempts to implicate Beijing without proper investigation and irrefutable evidence.