India Allows Foreign Investors To Increase Stake In Domestic Insurance Companies As Modi Pushes Reforms
Narendra Modi is pushing ahead on key reforms with an executive order after opposition parties stalled parliament over an issue about religion.
Russia To Help Large Borrowers As S&P Mulls Junk Rating
Russia will take on credit risk for firms, whose foreign debt obligations have shot up in ruble terms because of the currency's sharp slide.
UN Welcomes Landmark Treaty Regulating Global Arms Trade
The global Arms Trade Treaty, which has been ratified by 60 countries, aims to regulate the flow of weapons to conflict-hit zones.
India Slashes Health Budget, Already One Of The World's Lowest
Despite rapid economic growth over the past two decades, successive governments have kept a tight rein on healthcare expenditure.
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Venezuela Currency Controls Make Scotch Cheap As Milk, Syringes Go Short
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GDP Grows, Dow Soars While US Workers Still Chase Household Income, Wage Growth And Real Recovery
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Dow Jones Industrial Average Smashes 18,000 Milestone After US Economic Growth Surges In Q3
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US Economic Growth Smashes Expectations As GDP Grew 5% In Third Quarter
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UK Growth Slows Slightly In Third Quarter
Spending by households drove Britain's economic recovery once again in the third quarter despite a slight fall in disposable incomes.
India's Hindu Nationalist BJP Excels At Polls In Muslim-Dominated Jammu And Kashmir
It remains unclear if Prime Minister Modi’s BJP would be part of the state government in the strife-torn, Muslim-majority state.
Dow Jones Industrial Average Leaps 150 Points, S&P 500 Index Breaks Record Closing High
The record was broken for the 50th time this year while the Dow closed in on a new psychologically important milestone.
BP Says Deepwater Horizon Spill Civil Penalty Should Be Lowered Along With Oil Prices
Should BP pay a lower penalty for the 2010 Gulf of Mexico spill because oil prices are down? The company thinks so.
$14 Million An Hour: War Costs Top $1.6 Trillion Since 9/11, Say Congressional Researchers
U.S. taxpayer funding of the military has been $337 million a day, or almost a quarter million dollars a minute — every day since 9/11.
Emerging Markets 2014: How Russian Ruble Crisis, Tumbling Oil Prices Will Affect Bond Markets
The global decline in crude oil prices is beginning to reveal consequences around the globe — far beyond the Russian ruble crisis.
Wall Street's Week Ahead: Dow Jones Industrial Average Soars With Santa Claus Rally 2014 In Sight
Following last week’s advances, Wall Street expects a “Santa Claus Rally” from the Dow and S&P 500 by year-end.
India Hopes Direct Bank Transfers Will Limit Subsidy Bill Even As Mid-Term Review Paints Bleak Picture
India prepares to transfer subsidies on cooking gas to consumers' bank accounts even as its public distribution system continues to totter.
Britain Weighs Up Oil Industry Calls For North Sea Tax Breaks
Britain is considering reducing the tax bill for oil explorers in the North Sea including a proposal from the industry to halve rates.
UK Firms Expect To Offer A Bit More Pay In 2015: CBI
British companies plan to cautiously relax their grip on pay in 2015.
China Foreign Minister Says Willing To Help Russia
China's trade minister proposed more use of China's currency in settling trade with Russia in the face of a weaker ruble.
Gas Prices Drop To Lowest Level In More Than 5 Years
Travel analysts expect gas prices to drop before Christmas and again before New Year's Day.
Lithuania Readies Itself For The Euro As Russia Growls Across The Border
New Year’s Day, Lithuania will become the last of the Baltic states to join the euro currency bloc.
Saudi Arabia Says It Won't Cut Oil Output
Saudi Arabia Oil Minister Ali al-Naimi says other countries are welcome to cut their oil output, but that his country will not be doing it.
As Ford Closes, European Rust Belt Seeks New Ideas
As Ford and GM plants close, workers are unsure about what comes next.
Super Saturday 2014: Holiday Shoppers Come Out In Droves To Scoop Up Seasonal Discounts
Retail analysts say the last Saturday before Christmas could trump "Black Friday" as the biggest retail-generating day of 2014.
India Looks To Sway Americans With Nuclear Power Insurance Plan
India is offering to set up an insurance pool to indemnify global nuclear suppliers against liability in the case of a nuclear accident.
S&P 500 Index Soars To Within A Mere 5 Points Of All-Time Record
The Dow and the S&P 500 completed three straight days of gains Friday, as U.S. stocks soared to the largest three-day rally since 2011.
Chicago Mayor Rahm Emanuel Continues Getting Cash From Firms Managing Chicago Pension Money
Despite lawmakers’ call for a federal probe, the Chicago mayor gets a new infusion of money from firms making fees off Chicago pensions.
Most US States Are Seeing Jobs Growth, But New Unemployment Numbers Don’t Tell The Whole Story
Department of Labor data released Friday paint a rosy picture of state labor markets, but they ignore important considerations.
A Russian TARP? Russia Begins Rescue Of Country’s Banking System
Russian lawmakers approve a measure to rescue country’s banks that’s similar to 2008 Troubled Asset Relief Program in the U.S.
China Revises Its Economy Upward By More Than $300 Billion, Slightly Easing Debt Concern
The world’s second-largest economy is $308 billion bigger than previously imagined, but its debt is still more than twice its economic output.
Crank Up Public Spending To Revive India Growth: Chief Economic Adviser
Arvind Subramanian said on Friday that India should increase public spending to boost economic growth in the medium term.
Swiss Central Bank Announces Negative Interest Rates To Stem Flight Into Franc
Swiss National Bank announced it would impose an interest rate of -0.25 percent on the portion of so-called "sight deposits."
EU Leaders Warn Of Long-Term Confrontation If Russia Doesn’t Retreat From Ukraine
EU leaders decided to maintain a tough stance toward Russia Thursday, while also sustaining mutually beneficial commerce.
Dow Jones Industrial Average Surges 400 Points, S&P 500 Index Rallies Over 2% In Best Day Of 2014
The Dow skyrocketed 400 points Thursday, and the S&P 500 jumped more than 2 percent, in their biggest one-day gains this year.
Can Marijuana Black Market Compete With Legalized Industry?
Supporters insist that government-regulated pot will drive customers to legal retailers and away from the black markets.
Russian Ruble Crisis: Why Switzerland Will Begin Charging For Commercial Bank Deposits
For the first time in decades, Switzerland will charge commercial banks to park money.
Dow Jones Industrial Average Skyrockets More Than 260 Points As Oil Prices Rally
The Dow soared Thursday after global; crude oil prices bounced back from five-year lows earlier this week.
Russia’s Economic Woes Could Be Fixed In 2 Years, West Wrong In Ukraine Crisis: Putin
Putin advocated for diversity in revenue sources while reducing dependency on oil to strengthen Russia's economy.
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Tariffs, Elon Musk, Ukraine: Key Takeaways From Donald Trump's First Congress Address
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IRS Mulls Slashing Workforce In Half As Trump And Musk Push Government Downsizing: Report
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US Social Security Releases 1.1M Retroactive Payments: Here's The Average Amount
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Stock Markets Rebound As Trump Pauses Tariffs On Automobile Industry
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Feds Arrest Heads Of Smuggling Ring That Trafficked 20,000 Immigrants Into The U.S.
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Trump Compared To Soviet Secret Police By Former Anti-Communist Political Prisoners: 'Shocked Zelenskyy Treated In The Same Way'
