The irony can't be missed when the scion of a tiny sub-Saharan country, which has the dubious distinction for having the highest child mortality rate in the world and abysmal public health and education systems, splurges ill-gotten money on a multi-million dollar super-luxury yacht.
Futures on major U.S. indices point to a higher opening on Thursday ahead of economic data including key weekly jobless claims and non-farm productivity.
U.S. stocks ended with modest gains on Wednesday after ADP National Employment report showed that the private sector employment rose more than expected in February, but shares came off their highs due to fears over the continued unrest in Libya and rising crude oil prices.
The rumors of the elusive McLobster is appetizing the internet as it trends on Twitter as well as Google. The sandwich is real and exists in select places seasonally, but McDonalds is not testing it.
U.S. stocks advanced in early trade on Wednesday after ADP National Employment report showed that the private sector employment rose more than expected in February.
U.S. private sector employment rose more than expected in February, posting a gain for a fifth straight month.
Futures on major U.S. indices point to modestly lower opening on Wednesday as investors eye economic data including ADP national employment report.
A case that came up for hearing before the U.S. Supreme Court, involving Stanford University and Swiss pharmaceutical giant Roche, is expected to clarify a landmark intellectual property rights law that lays down the rules for grant of patents for federally funded inventions.
Libya could descend into civil war if Muammar Gaddafi refuses to quit, the United States said on Tuesday, its demand for an end to his rule carrying new weight after word of unspecified Western military preparations.
US stocks advanced in early trade on Tuesday, the first trading day of March, after markets recorded third consecutive monthly gains in February.
Reports say many cities along the west of the country are being besieged as forces loyal to Gaddafi are trying to retake control of them. ABC News has reported, quoting diplomats, that thousands of people have died in the western border with Tunisia in the two weeks since violent protests erupted.
The U.S. government owes nearly a third more money to China than previously thought, the Treasury Department said on Monday as it revised Beijing's December holdings of U.S. Treasury debt sharply higher to $1.160 trillion.
US stocks opened higher in early trade on Monday, with S&P 500 Index gaining 7.54 points, or 0.57 percent, to trade at 1,326.97 at 09:55 a.m. EST. The Dow Jones Industrial Average is up 76.82 points, or 0.63 percent, to trade at 12,207.27. The Nasdaq Composite Index rose 0.49 percent to trade at 2,795.40.
A new online initiative titled Unileaks - clearly inspired by the radical Wikileaks organization - seeks to expose the murky truths of higher education around the world.
Even though only about 30 percent of Americans may be holding a valid passport, the number of U.S. travelers visiting Switzerland is on the rise.
President Barack Obama consulted the leaders of Britain, France and Italy on Thursday on immediate steps to end the Libyan crisis, as Washington kept all options open, including sanctions and military action, to stem the bloodshed.
Readout of President Obama’s Calls with President Sarkozy of France, Prime Minister Cameron of the United Kingdom and Prime Minister Berlusconi of Italy
Futures on major U.S. stock indices remained range-bound on Friday ahead of economic data including key GDP figures from the government.
The US dollar has traditionally been a safe-haven asset, meaning whenever people are afraid, they sell ‘risky’ assets and flee to the safety of the US dollar. However, starting the week of February 21, 2011, this pattern has been broken.
Futures on major U.S. indices point to a lower opening on Thursday as oil prices continued surge due to continued turmoil and violence in Libya.
Barack Obama not naming Muammar Gaddafi in his comments on Libya has raised question if the dictator has muted the US President blocking Americans evacuation in Tripoli.
US “austerity is really foolish,” said famed economist and Nobel laureate Joseph Stiglitz in his office at Columbia University, in an interview with IBTimes.