Fool’s Gold: California Has The Highest Poverty Rate In The United States
With an annual GDP of some $1.9 trillion, California ranks as the eighth largest economy in the world (roughly similar to the economic output of India or Italy).
UK GDP Preliminary Estimate Matches Expectations; Annual GDP Grows 2.8% While Quarterly GDP Growth Clocks 0.7%
A preliminary estimate of U.K.’s GDP in the last quarter of 2013 showed output increased in three out of four categories.
RBI, India’s Central Bank, Raises Key Rate As Governor Aims To Tackle Soaring Inflation While Reviving Slowing Growth
The Reserve Bank of India is working to devise a policy that can revive growth while controlling near double-digit inflation.
Tom Perkins Responds To Nazi Germany And 1 Percent Criticism, Says Kristallnacht Was ‘Terrible Word To Have Chosen’
Tom Perkins says he regrets the comparison to Nazi Germany but not the message.
More news
Turkish Lira Rebounding Finds Support, But Can The Central Bank Hedge Its Way Out Of Crisis?
The recent corruption scandal has exposed Turkish P.M. Erdogan’s Islamic party's shady dealings, and the lira has responded accordingly.
Cheap Foreign Steel Drives Heavy U.S. Imports In January
Cheap Chinese steel has led many U.S. traders to buy Chinese steel instead of U.S.-produced steel.
China-Led International Ocean Exploration Mission To Look For Oil In South China Sea, Including In Disputed Regions
China's 2012 drilling in the South China Sea, with its first deep-water oil drilling rig, triggered tensions with the Philippines and Vietnam.
German IFO Business Climate Index For January Beats Expectations; Rises To 30-Month High
The reading for January, which beat a consensus estimate, bodes well for the future of Europe’s largest economy.
$1 Trillion US Farm Bill Likely To Be Passed Within Days: Report
Will funding for the food stamp program, which serves 47 million Americans, be cut by a proposed $9 billion as part of the bill’s provisions?
Dow Plunges 318 Points: Is Wall Street Headed For A Major Correction? [VIDEO]
After the Dow plunged 318 points on Friday, economists debate its meaning.
Five Policies To Boost US GDP Growth And Create Jobs
If you think it's impossible for the U.S. economy to ever record GDP growth above 5%, think again.
World Economic Forum 2014: OECD Chief Sets Bar High For Curbing Carbon Emissions
After greenhouse gases in Earth's atmosphere hit a record in 2012, the OECD sets a bold new goal.
Huge Salaries And A Poverty-Stricken Country: The Economics Of Baseball In The Dominican Republic
For young Dominicans who make it, the money they can earn in the big leagues dwarf their wildest dreams of fame and fortune.
Professions That Pay Surprisingly Well: Guess Who’s Making More Money Than You? [INFOGRAPHIC]
Garbage men in Newport Beach, Calif., get paid more than most sales managers.
Precious Metals: Market Strategist On Gold, Strikes & Central Banks [Q&A]
Gold prices will struggle to climb higher in 2014, according to EverBank strategist Chris Gaffney.
China's Educated And Wealthy Head Overseas: China's New Emigrant Population
Chinese emigrations have happened in the past. But the anatomy of a Chinese immigrant has changed in recent years.
Argentina Peso Falls Through The Floor As Central Bank Gives Up Support; Inflation, Recession Set To Engulf Economy
The peso fell hard Thursday, in its steepest loss in more than 10 years. Will the free fall continue?
The US Spends Less On Food Than Any Other Country In The World [MAPS]
As a percentage of all U.S. consumer goods purchased in a year, food accounts for less than it does in 83 other countries.
Five Signs That Japan's Long-Dead Real Estate Market Has (Finally) Come Back To Life
The Land of the Rising Sun is becoming the Land of the Rising Real Estate Market.
Platinum Strike: What You Need To Know, As South African Miners Drop Tools
South African miners began indefinite strikes against the world’s top three platinum producers on Thursday, threatening global supplies.
Beer-Flavored Jelly Beans Now Available From The Jelly Belly Candy Company
With notes of wheat and a touch of sweetness, it's a jelly bean flavor fans have been clamoring for for years.
Does Money Make You Rude?
A psychology researcher conducted a variety of studies that may surprise you.
Markit's Flash Eurozone PMI Climbed To Highest Level Since June 2011 As Economic Recovery Gathers Strength Even As Concerns Remain
Private sector economy in the euro zone grew for the seventh-straight month, PMI data showed Thursday.
China Jan. Flash PMI Drops To 49.6 - First Factory Activity Contraction In 6 Months
The contraction in factory sector activity shows that a moderate slowdown at the end of 2013 continued into this year.
Singaporeans 'Unhappiest' Workers In Asia, Indians 'Happiest': Randstad
Almost two-thirds (64 percent) of Singaporean workers plan to quit their jobs over the next 12 months.
More US Women Have Been Jobless For More Than Six Months Than In 2007; Overall The U.S. Has More Than Double The Long-Term Unemployed
As Congress debates a $6.8 billion package to extend emergency jobless benefits, here’s some sobering data.
Putin Regime Could Fall If Oil Price Drops To $60: Fund Manager Browder
Brent crude is currently trading at $107 per barrel and has traded in a $100-$114 range since last April.
ICIJ Reveals China's Elite's Offshore Trillion-Dollar Offshore Holdings: Five Takeaways
Comments about foreign media reports on the Chinese elite's secret wealth have been blocked on Weibo, China's Twitter.
Humanely Raised Hogs Trend Spreads Across U.S.
There are no official stats on humanely raised hogs, though as a slice of the world’s pork market, they likely aren’t overwhelming.
Davos 2014: Swiss Bank UBS Praises Tech But Questions Leverage Ratios
At Davos, researchers from Swiss banking giant UBS released a provocative white paper on global banking, trade and technology.
UK Unemployment Rate Falls To 7.1% In Sept-Nov Period; BOE Minutes Show MPC Was Unanimous On Policy Decision In January Meeting
About 167,000 people found work in the latest quarter - the largest decline since 1997.
South Korea Will Invest $1.5B On Building A 5G Network That Will Be 1K Times Faster Than Existing Speeds And Allow 1-Second Movie Downloads
It takes 40 seconds to download a movie in South Korea, where the Internet speed is reportedly 65 percent faster than it is in the U.S.
IBM Misses Revenue Targets For 4th Straight Quarter After Stumbling In China
It was the fourth straight quarter IBM missed revenue targets. Shares in IBM fell 3.5 percent to $181.68 in after-hours trade.
Study Shows U.S. Households Without A Vehicle Increased In 21 Of 30 Largest Cities Since 2007
Americans are driving fewer autos for shorter distances. And the trend started before the Great Recession.
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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'
