EU finance officials will discuss a range of options for Greece's intractable debt crisis on Monday, galvanized by the growing threat of contagion to Italy, the euro zone's third-largest economy.
Stock index futures fell on Monday as renewed jitters about Europe's debt crisis and the global economy overshadowed the start of earnings season.
Cutting federal spending in 2011 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure/public works projects it would create many jobs, and achieve great things, like the construction of the Empire State Building in the 1930s and 1 World Trade Center today.
U.S. stock index futures fell on Monday as renewed jitters about Europe's debt crisis and the global economy overshadowed the start of earnings season.
China's premier and the country's central bank governor vowed on Monday to prevent stubbornly high inflation from upending the economy, reinforcing expectations for more increases in interest rates and bank reserve requirements.
Stock futures point to a lower Wall Street open on Monday, with S&P 500 futures down 0.9 percent, Dow Jones industrial average futures down 0.7 percent and those for the Nasdaq composite down 0.9 percent.
The European Union's top finance officials hold critical talks on Greece and the worsening situation in Italy on Monday, with concern about the risk of further sovereign debt contagion acute.
Canaccord Genuity revealed that Apple will continue to dominate the tablet market through 2012.
Elpida Memory Inc plans to raise nearly 80 billion yen ($992 million) through new shares and convertible bonds as it shifts production away from DRAM memory to more profitable smartphone chips.
European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis for Monday morning, reflecting concern that the crisis could spread to Italy, the region's third largest economy.
China will link local officials' performance appraisals to the level of debt held by local governments, state media reported Monday, an apparent move to cap borrowing and address worries that possible defaults could damage China's economy.
Elpida Memory Inc <6665.T>, the world's No.3 maker of DRAM memory, plans to raise 80 billion yen ($992 million) by issuing new shares and convertible bonds, three sources close to the matter told Reuters.
Asia's emerging market central banks will need to keep ratcheting up interest rates well after inflation peaks to prevent higher prices from seeping into corners of the economy where they are much harder to dislodge.
BSkyB shares will be under pressure again in the coming week after a weekend in which politicians ramped up their rhetoric to derail a proposed $14 billion takeover by U.S. media conglomerate News Corp .
Alarmed by widening accounting debacles at U.S.-listed Chinese companies, American regulators are scrambling to stem the damage from gaps in laws adopted to protect investors after the Enron scandal a decade ago.
Alarmed by widening accounting debacles at U.S.-listed Chinese companies, American regulators are scrambling to stem the damage from gaps in laws adopted to protect investors after the Enron scandal a decade ago.
Italy's government scrambled to present a united front and defend the embattled economy minister on Sunday, hoping to soothe market fears that triggered a sell-off in Italian stocks and bonds last week.
The existing European rescue fund now in place is not large enough to protect Italy as it was never designed to do that, an unnamed European Central Bank source was quoted telling Die Welt newspaper on Sunday.
What is it about Sarah Palin? Support her or not, the Republican side of the U.S. political community has not seen as personable a public figure in decades, which is why the 2012 GOP nomination for U.S. president will not be decided until her intentions are known.
Americans, it’s been said, are a resilient, can-do bunch. Well, it looks like U.S. motorists will have to become even more resilient, as the days of $2-something per gallon gasoline appear to be gone.
Wall Street heads into earnings season this week playing a typical game: Worrying about results a lot, and then rallying on pleasant surprises.
Deutsche Bank AG edged closer to endorsing investment banking chief Anshu Jain and Germany chief Juergen Fitschen as co-chief executives, but key hurdles remain before a formal announcement can be made.
European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis for Monday morning, reelecting concern that the crisis could spread to Italy, the region's third largest economy.
European Council President Herman Van Rompuy has convened an emergency meeting of top EU officials for Monday morning to discuss efforts to assemble a second rescue package for Greece and growing concerns about market pressure on Italy, three EU sources told Reuters.
Google Nexus 4G AT&T is scheduled for a Thanksgiving release.
China's import growth fell sharply to its slowest pace in 20 months in June in further evidence of the broad impact of monetary tightening on the economy, while a wider trade surplus suggested capital inflows will remain a challenge for authorities.
Apple and Samsung have had a rocky relationship from the start, but it was always one of necessity. Now the stakes are higher than ever, and the tensions at a new heights.
The announcement and limited invitation to the new Google+ social network last week not only whipped up a frenzy of anticipation, but marked the first salvo in the new battle for the social media space.
Apple is rumored to release its much-awaited iPhone 5 in September while Google Nexus 4G is expected around Thanksgiving this year.
President Barack Obama said on Saturday political sacrifices will be needed by both Democrats and Republicans to break a budget impasse and avoid a looming debt default.
