IBT Staff Reporter

60001-60030 (out of 154942)

Fed's low rate pledge inappropriate: Fed's Plosser

Philadelphia Federal Reserve President Charles Plosser on Wednesday said he disagreed with the Fed's decision to promise to keep interest rates low for another two years because policy should be dictated by the economy rather than a timeline.

Kim Kardashian Wedding, More Dress Details Revealed [PHOTOS]

Kim Kardashian is preparing for her big wedding with fiance, Kris Humphries, take will take place later this month. Many are expecting her big day to be lavishing, stylish, and very, very costly. Of course, the event will include a massive 1,000+ attendees with stars like Demi Lovato, Justin Bieber, Jennifer Lopez, Will Smith, Jada Pinkett Smith, Eva Longoria, and Cameron Diaz on the guest list.

July core producer prices accelerate

Core producer prices rose at their fastest pace in six months in July, pushed up by higher tobacco and light truck costs, according to a government report on Wednesday that could stoke inflation fears.

Humans Responsible for Half of Arctic Ice Loss, Study Says

New research indicates that Arctic sea ice may temporarily stabilize or expand over the next few decades after its rapid retreat that saw a historical peak in July. Arctic ice has been declining since the start of satellite monitoring in 1979, and half of the trend is attributed to human activity, the study also revealed.

Target profit, forecast surpass Street, shares up

Target Corp reported a bigger-than-expected rise in quarterly profit and forecast a more profitable year than analysts were anticipating on Wednesday, as its credit card business continued to grow and sales perked up as the summer progressed.

Jeff Bridges at 'The Big Lebowski' DVD Release [PHOTOS]

The academy award winning actor, Jeff Bridges reunited with the "Big Lebowski" cast on Aug. 16 to celebrate the release of the Blu-Ray DVD. A crowd of nearly 2500 people gathered at Hammerstein Ballroom in NYC. Among the cast was John Goodman, Steve Buscemi, Julianne Moore, and John Turturro. Jeff Dowd, writer and producer of the film was in attendance, however, the directors--Joel and Ethan Coen--were not.

Insight: GM hopes spending on start-ups will make it cool

From an empty auto-parts plant in the heart of Rust Belt America, General Motors Co is out to show the world that the automaker once dismissed as an industrial dinosaur has gained some Silicon Valley cool just two years after its taxpayer-funded bankruptcy.

Target quarterly profit rises more than expected

Target Corp reported a bigger-than-expected rise in quarterly profit on Wednesday as sales perked up when shoppers started buying clothing and other items for kids going back to school in the fall and its credit card business continued to grow.

Staples tops estimates, raises profit outlook

Staples Inc reported a better-than-expected quarterly profit on currency benefits and an uptick in sales to its business customers in North America, prompting the largest U.S. office supply chain to raise its profit outlook.

Staples tops estimates; raises profit outlook

Staples Inc reported a better-than-expected quarterly profit on currency benefits and a slight uptick in sales to its business customers in North America, prompting the largest U.S. office supply chain to raise its profit outlook.

FA Cup likes this - live game to be shown on Facebook

An FA Cup qualifying round tie that would normally attract a crowd of about 90 people could boast a potential global audience of 700 million after an agreement was reached to broadcast Friday's match on the social networking site Facebook.

Carlsberg cuts outlook as Russian beer market stalls

Danish brewer Carlsberg cut its full-year outlook when reporting a 13 percent fall in quarterly profit that missed forecasts after sales in its key Russian market were hit by higher prices, sending its shares diving.

SNB moves softly to tame Swiss franc; currency spikes

The Swiss National Bank stepped up its efforts to tame a runaway franc on Wednesday but stopped short of direct intervention, disappointing markets that had positioned for more radical measures and sending the currency sharply higher.

China to expand investment options for yuan

China pushed for greater international use of the yuan on Wednesday by promising to let foreign investors buy mainland shares and bonds, pushing up shares of brokerage stocks listed in Hong Kong.

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