Bill Gross, manager of the world's largest bond fund, apologized to his investors late Friday for his poor performance, saying I'm just having a bad year.
The United Auto Workers leadership pushing for ratification of a new four-year labor contract with Ford Motor Co made fresh gains on Saturday with nearly half of the worker vote counted, a union online update showed.
Saudi Arabia's central bank is not interested in buying distressed or speculative assets such as troubled European debt and gold, and the OPEC member's banks are well-positioned to withstand the Eurozone crisis.
Saudi Arabia's central bank is not interested in buying distressed or speculative assets such as troubled European debt and gold and the OPEC member's banks are well positioned to withstand the euro zone crisis, its head said on Saturday.
U.S. economic growth has gained some strength, but remains too slow, and it would benefit from passage of a package of job proposals that congressional Republicans have blocked, Treasury Secretary Timothy Geithner said Saturday.
Economic growth has gained some strength but remains too slow and would benefit from passage of a package of job proposals that congressional Republicans have blocked, Treasury Secretary Timothy Geithner said on Saturday.
The Occupy Wall Street protest movement in the United States represents the arrival of a global wave of social and political turmoil, according to economist Nouriel "Dr. Doom" Roubini.
Right now, Saudi Arabia and Iran are engaged in a proxy war in Bahrain.
Thousands of people protested outside the European Central Bank (ECB) headquarters in Frankfurt, Germany, on Saturday in solidarity with the Occupy Wall Street movement.
The Obama administration is pulling the plug on a long-term, home-care program included in the 2010 healthcare reform law that Republicans have derided as a budget trick.
Critics of the Occupy Wall Street movement say it's all over the place. They say it has no clear aim or agenda. Now, occupywallst.org, the Web site for the NYC Protest for American Revolution, announced that it has a single enemy that seems to encompass most of the wrongs the protesters are railing against.
San Diego, which has been touted as having one of the best climates in the United States, is also the luckiest, according to a new ranking.
A video allegedly showing a New York Police Department officer striking a male Occupy Wall Street protester in the face and knocking him out is making the rounds on YouTube.
The world's leading economies kept pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G20 finance chiefs' meeting.
Giant Eagle, a chain of supermarkets based outside Pittsburgh, has reportedly recalled eight-ounce bags of shredded iceberg lettuce after being notified the farm that produced them had tested positive for the listeria bacteria.
Chinese Premier Wen Jiabao said China's exchange rate would remain stable to protect exporters, the official Xinhua news agency reported.
With one-third of the Dow components and crowd favorite Apple reporting results next week, U.S. stocks are setting the stage for another week of gains.
Japanese company Nintendo announced Thursday that its popular gaming console DS's lifetime sales have exceeded 50 million units in the United States.
Yarns, made of the tiny straws of carbon called nanotubes, have an astounding ability to twist as they contract, according to scientists. The effect, reported in Science, is similar to the action of muscles found in elephant trunks and squid tentacles.
The world's leading economies kept the pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G-20 finance chiefs' meeting.
A U.S. judge has stated that Samsung's Galaxy tablets breach Apple Inc's iPad patents, but added that Apple has a problem establishing the validity of its patents in the latest courtroom face-off between the technology giants.
The Obama administration is pulling the plug on a long-term, home-care program included in the 2010 healthcare reform law that Republicans have derided as a budget trick.
