Soaring oil prices and inflation in emerging economies pose new risks to global recovery but are not yet strong enough to derail it, the International Monetary Fund said on Monday.
Former Massachusetts Gov. Mitt Romney on Monday blamed President Barack Obama's policies for high unemployment and declared he will officially test the waters for a Presidential run by forming an exploratory committee.
“President Obama’s policy has failed” at job creation, said 2012 presidential hopeful Mitt Romney.
Actress Demi Lovato released an explanation of what exactly the physical and emotional issues she was dealing with were in an article in Seventeen magazine.
Soaring oil prices and inflation in emerging economies pose new risks to global recovery but are not yet strong enough to derail it, the International Monetary Fund said on Monday.
President Obama “never did a deal in his life except with Tony Rezko,” said Donald Trump.
Two of the Federal Reserve's most powerful officials said on Monday the U.S. central bank should stick to its super-easy monetary policy, arguing inflation is not a threat and unemployment remains too high.
Oil prices slumped on Monday, pulling back from 32-month peaks on concerns about high prices eroding demand and threatening economic recovery as investors eyed attempts to halt Libya's conflict.
Lawyers for Galleon hedge fund founder Raj Rajaratnam called two witnesses at his insider trading trial on Monday in an effort to undermine the credibility of a former employee who testified against him.
UBS AG was ordered by a regulator to pay nearly $11 million to settle charges it misled customers about the safety of Lehman Brothers Holdings Inc debt before that bank went bankrupt.
Panasonic Corp plans to enter the microelectromechanical systems market and develop and commercialize MEMS sensors and devices from this year, the Nikkei business daily reported.
UBS AG was ordered by a U.S. regulator to pay nearly $11 million in fines and reimbursements to compensate investors it misled about the safety of debt issued by Lehman Brothers Holdings Inc before that bank went bankrupt.
The economic recovery is so sluggish that the Federal Reserve needs to keep easy money policies in place while the government comes to grip with its debts, the International Monetary Fund said on Monday.
The world's largest bond fund began betting against U.S. government debt last month on the expectation that shaky finances will jolt interest rates higher.
US stocks are mixed on global worries ahead of the unofficial start of first quarter earnings season.
Oil prices fell on Monday in choppy trading, pulling back after surging to 32-month peaks last week when the dollar swooned and as investors warily eyed an African Union plan to halt Libya's conflict.
Roche is set to kick off the Big Pharma reporting season with a fall in sales on Thursday as a strong Swiss franc, weak demand for top-selling cancer drug Avastin and lack of Tamiflu revenue take their toll.
House Speaker John Boehner on Monday said that the Republican proposal for the 2012 budget leads where the Obama administration failed by taking on challenges facing healthcare, retirement and energy to create jobs.
It is widely reported that Facebook has obtained a license to operate in China and most likely, the operation will be done through a joint venture with Chinese internet giant Baidu.
Following are the US stocks that were actively trading in the Monday morning session. The stocks include Global Crossing, American Medical Systems, Level 3 and Community Health Systems.
PIMCO has shifted to a short position in U.S. government-related debt in the world's largest bond fund, while also raising cash holdings in a sign of the asset manager's serious concerns about the U.S. fiscal outlook.
U.S. stocks advanced in early trade on Monday as successful acquisitions by U.S companies and anticipation of solid first-quarter corporate earnings buoyed sentiment.
