The Black Death of debt crisis across the euro zone will hurt China by sapping demand for exports, although Beijing's relatively small holdings of euro assets will limit any damage to foreign exchange reserves, the nation's top official newspaper said on Monday.
Silver jumped early Monday by nearly 2 percent in what investors in the white metal hope will be the start of a rally that may resemble what gold has been experiencing.
The price of gold early Monday came within $2 of a record high $1,900 per ounce before settling back to 1.2 percent gain over Friday's closing price as a host of global economic worries drove investors into the security of the world's oldest form of money.
U.S. stock index futures were more than 1 percent higher on Monday following four weeks of equity losses as stocks rebounded globally, led by defensive shares.
Now that her wedding is over, Kim Kardashian might do the nation a favor and advise Obama on how to get the country out of its economic slump.
Miners helped Britain's bruised FTSE 100 stage a recovery on Monday, with Randgold Resources boosted by bullish gold prices and broker comment, and Anglo American up as it considered a bid for Australia's Macarthur Coal.
Gold prices rallied toward $1,900 an ounce on Monday as concerns over the global economic outlook fueled interest in the precious metal as a haven from risk and due to talk that weak U.S. growth could spark a further round of monetary easing.
Brent crude fell almost $2 on Monday toward $106 a barrel with traders and investors anticipating the resumption of oil exports from OPEC-member Libya as a six-month civil war there appeared close to an end.
Stock index futures were higher on Monday following four weeks of equity losses as stocks rebounded globally, led by defensive shares.
China's top online portal Sina Corp has invested between $30-$40 million in Chinese online video site Tudou Holdings, a source familiar with the matter told Reuters on Monday.
HP's apparently failed system may have a future.
Though Google’s social networking site Google+ has reached a count that Facebook and Twitter took two years to attain, Google+ could not slow down the activities in the other social networking platforms.
Japan will take decisive action against any speculative moves in the currency market, Finance Minister Yoshihiko Noda said, signaling Tokyo's readiness to intervene to stem further yen rises after its spike to a record high last week.
German Finance Minister Wolfgang Schaeuble said in a radio interview on Monday that the euro remains a stable currency and despite the euro zone debt crisis has held steady against the dollar in a consistent range.
Brent crude dropped more than $3 on Monday to below $106 a barrel, while U.S. oil fell more than a dollar to below $82, on the potential for a resumption of exports from OPEC-member Libya as a six-month civil war there appeared close to an end.
World stocks fell toward a recent 11-month low on Monday while the euro and oil prices slipped as concerns about a global economic downturn prompted investors to sell risky assets.
European stocks extended four weeks of losses on Monday, tracking jittery Asian shares lower, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's festering debt crisis.
It's not hard to come up with reasons for the euro zone's exasperating inability to get a grip on its debt crisis.
European Central Bank Governing Council member Ewald Nowotny is concerned that euro zone countries will not push through parliamentary approval of changes to their EFSF bailout fund as quickly as planned, an Austrian magazine quoted him as saying.
European stocks looked set to extend four weeks of losses Monday, tracking jittery Asian shares lower, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's festering debt crisis.
European stocks looked set to extend four weeks of losses on Monday, tracking jittery Asian shares lower, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's festering debt crisis.
Jittery Asian stocks surrendered early gains and turned lower on Monday, adding to last week's steep losses, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's festering debt crisis.
Asian stocks turned positive on Monday, recovering a small portion of last week's steep losses, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's debt crisis.
The U.S. Federal Reserve lent private banks about $1.2 trillion from 2007-2009 in order to maintain credit market liquidity, bank function, and prevent the U.S. economy from plunging in to a depression.
Kinetic Concepts Inc , a maker of medical devices used in wound care, got a rival takever big from Avista Capital Partners LLC's ConvaTec Inc that exceeds the existing $5 billion bid from Apax Partners LLP, according to Bloomberg.
U.S. Secretary of State Hillary Clinton Sunday reiterated the nation's call for Iran to immediately release U.S. citizens Shane Bauer and Joshua Fattal, two hikers who were sentenced to eight years in prison, after being imprisoned for more than two years for allegedly trespassing into Iran, which they deny.
MediaNews Group Inc has delayed a deal to buy Freedom Communications Inc's newspapers due to trouble with financing, the Wall Street Journal reported on Sunday on its website.
Dollar Thrifty Automotive Group Inc , the object of a takeover battle between rivals Hertz Global Holdings Inc and Avis Budget Group Inc , said on Sunday it wants best and final offers from the suitors by early October.
With the global economy sputtering and financial markets on the rocks, the world needs reassurance the U.S. central bank stands ready to save the day.
Most Americans know the norm of postmodern Washington: Republicans oppose tax increases, and Democrats favor them -- unless it’s the payroll tax, which the GOP favors raising back to its normal level.