Result Page 276 for Latest Economy & Markets News & Archive

JPMorgan Chase (JPM) Hammered By Massive Legal Bills, Posts Surprise Q3 Loss Of $380M

Legal bills, currently at $9.2 billion and still climbing, trashed the third-quarter performance of the nation's largest bank by assets.

Global Wealth Hits All-Time High, Largely From US Growth: Credit Suisse (CS) Global Wealth Report

The world will have 11 trillionaires within two generations, according to Credit Suisse research.

Give Me Land, Lots Of Land: Only 5% Of Pakistanis Own Two-Thirds of Farmlands; One-Half Of Farmers Are Landless

More than 77 million people in Pakistan do not have enough food, due to the government’s archaic and unjust agricultural policies.

Remittances Worldwide Increase In 2013, Except For Mexico; Is The US Crisis Hurting Mexican Economy?

Immigrants worldwide are sending increasing amounts of money home, but this year, Mexico won't see an increase.

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Looking At The Stars: How Chile Wants To Protect Atacama Desert, Prime Spot For Star-Gazing, From Light Pollution

The Atacama Desert in northern Chile is the best spot in the world to study and admire the night sky. Here is how the Latin American country plans to preserve it from light pollution.

Asia Grumbles As Congress Bumbles: Possibility Of US Debt Default Just Made Treasurys Less Appetizing In Hong Kong

From Hong Kong to Australia, markets most likely to react first to the U.S. missing its debt obligations are making preparations.

Customers wait in line at an Aeropostale store in New York

Abercrombie & Fitch (ANF), American Eagle Outfitters (AEO) Rebounding From Weak Back-To-School Season, But Aeropostale (ARO) Struggles

Abercrombie & Fitch, American Eagle and Hollister are riding price hikes into the holiday shopping season, unlike Aeropostale.

Egypt's Tourism Revenues Dropped With 'Second Revolution,' GDP Could Take Major Hit

If Egypt's tourism doesn't improve, the country's GDP will drop by 1.5 percent.

Freddie-Mac-and-Fannie-Mae-Mortgage-Refinance-460px

Mortgages Applications Plunged Over Past Few Months, As Home Prices And Flipping Stay On the Rise

New U.S. mortgage applications fell 15 percent in October, after they'd peaked only five months earlier, according to S&P data.

Hopes Of Agreement Between Democrats and Republican Lawmakers On Short-Term Increase To Debt Ceiling Pushes Stock Futures Up

Investors hope for respite from the debt ceiling impasse as lawmakers consider a short-term solution.

Japan Consumer Confidence Index In September Posts First Gain In 4 Months; Beats Expectations

The household consumer confidence index for September beat expectations.

A Harvard survey says "Americans have the lowest level of trust -- 34 percent -- in national government to make the right healthcare decisions."

Healthcare.gov – Companies Behind Obamacare Health Exchange's Construction And Its Technical Failures

The website, which has suffered from technical glitches in the first week after its launch, cost at least $634 million in contracts.

President Obama Nominates Janet Yellen As Fed Chair, Senate Confirmation Expected To Be Relatively Easy

Janet Yellen will likely be confirmed by a large majority in the Senate, ensuring a seamless transition of Fed leaders.

September FOMC Minutes Show Decision Not To Taper QE Was ‘Close Call’ For Several Fed Officials

FOMC minutes show some Fed policymakers on the fence about reducing the level of stimulus.

Lifestyles Of The Rich: The Most Expensive Cities And Zip Codes In The US [Maps]

Here's a hint where they are: They’re concentrated in New York, California and Florida.

Iceland Is Running Out Of Money: Foreign Currency Debts Threaten Economic Stability, Cause New Fears In Euro Zone

Five years after the financial crisis, Iceland is still struggling with its huge debts, but for now its capital controls are keeping it afloat.

China Concerned U.S. May Default On Treasury Bonds, Huge Impact For Chinese Economy

Acutely aware of the damage a U.S. default could cause, China is getting increasingly nervous.

Emerging Markets Remain Troubled, With India In Worst Shape Since March 2009: HSBC Index

Emerging markets are stagnating, as businesses neither expand nor contract, according to the latest reading of the index.

Why Was Mike Ditka Visiting An Oil Company In North Dakota?

North Dakota, a state with about 700,000 people (about one-fourth of the population of Chicago), is in the middle of a huge energy boom.

Government Shutdown 2013: Congressional Gyms Remain Open As Borders Go Unchecked, Middle-East Peace Delayed And Desperate Cancer Patients Turned Away

The House and Senate gyms, deemed "essential," remain open during the government shutdown, while furloughed workers try to manage their bills.

UK Industrial Production, Trade Data Disappoint; German Industrial Production Records Surprise Expansion In August

Analysts view weak British industry data as a temporary blip while short-term prospects for German industry are seen to be positive.

Reports Of President Obama Nominating Janet Yellen As Fed's New Chairman Lift Investor Sentiment; FOMC Minutes Awaited

News of Janet Yellen's nomination for the Fed leadership has offset anxiety over the shutdown and the debt ceiling crisis.

A Tale Of Three Cities: Detroit, Toronto, And Pittsburgh In A Post-Industrialized World

Detroit has become the poster child for post-war American urban decay.

Latin America Growth Slower In 2013, Region’s GDP To Expand 2.7 Percent, IMF Says

The IMF has released its fall report for estimated 2013 GDP growth, and the Latin American region has been revised downward.

India Trade Deficit Narrows To 18-Month Low; Imports Fall Most In 4 Years, Exports Rise

The reduction in the trade deficit after imports fell to a four-year low provided some respite to the domestic currency.

Bangladesh Clothing Factory Fire Kills At Least 10 People, 50 Injured

The cause of the fire is yet unknown, but it is believed to have started in the knitting section of the factory.

In Great Recession, US Trade With Poor Nations Grew, Trade With Rich Nations Shrank

The study argues that the Great Recession allowed poorer countries to increase trade with more affluent nations.

Janet Yellen To Be Nominated As Fed Chief By Obama On Wednesday

If confirmed by the Senate, Yellen would become the 15th Fed chairman and the first woman to hold that post.

Government Shutdown 2013: Why The US Government Shutdown Is A Gasoline IV For The Economy

Nobody asked for a government shutdown. It is not a political strategy, it is a disease eating its way through our country from the inside out.

Iran's Rouhani Faces Music As Sanctions Bite Harder, Is There A SWIFT Solution In The Works?

After years of keeping Western inspectors out, it looks like Iran will have to let them in after finding itself near broke.

Dollar Spikes On Non-US Demand, Liquidity Worries; Swiss Warn Washington To Get Its Act Together

European and Asian banks are paying high-rising premiums to get their hands on dollars as Washington's gridlock grinds on.

The Venezuelan Bolivar Is The Most Devalued Latin American Currency, Despite President Nicolas Maduro's Insistence That Economy Is Growing

The Venezuelan president says the economy will be all right, but the bolívar's exchange rate tells a very different story.

Marijuana Legalization Support, April 2013, Pew Research Center

American Opinion: Shifting Attitudes, Records and Firsts In Pew Research Polls For U.S. Public Opinion In 2013

The Pew Research Center found these 20 poll results were their most popular products on social media.

Delta Air Lines (DAL) CEO Richard Anderson Charts Independent Course: Buying A Refinery, Half Of A Rival, And Avoiding Gas Guzzlers

Delta Air Lines shares have more than doubled this year, and some analysts see more upside potential.

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