IBT Staff Reporter

Throughout history, gold has been a safe haven in times of political and economic crisis. Right now, gold's fundamentals are remarkably strong, says veteran commodities market analyst James DiGeorgia. In fact, gold is poised to boom-reaching, DiGeorgia predicts, as high as $2,500.

U.S. consumer spending barely edged up in January as households took advantage of tax cuts to rebuild their savings, suggesting spending would offer only a modest lift to the recovery in the first quarter.

A U.S. regulator charged three former directors of a military contractor with involvement in a massive accounting fraud, after a jury had convicted the company's founder of orchestrating the $190 million scheme.

East Asia's economy may need to slow to address inflationary pressures but the region will likely continue to lead the globe in economic activity, World Bank Chief Economist Justin Yifu Lin said on Monday.

Charlie Sheen is making headlines again after appearing on television Monday morning to talk about his recent reckless behavior, his sobriety and his show Two and a Half Men being canceled for the season.

Bullish comments from Warren Buffett helped U.S. stocks end another good month on a high note on Monday, but uncertainty about oil prices could keep investors from pushing the market much higher.

New tablets before the end of 2011, Motorola CEO Sanjay Jha said today.

SeaMicro, a manufacturer of low energy data servers, is using Intel dual-core processors for its next major product.

Democracy activists in Saudi Arabia say the government is closely monitoring social media to nip in the bud any protests inspired by uprisings that swept Arab countries, toppling leaders in Egypt and Tunisia.

Bullish comments from Warren Buffett helped U.S. stocks end another good month on a high note on Monday, but uncertainty about oil prices could keep investors from pushing the market much higher.

Throughout the night, Hathaway wore a total of eight different outfits.

U.S. consumer spending barely edged up in January as households took advantage of tax cuts to rebuild their savings, suggesting spending would offer only a modest lift to the recovery in the first quarter.

Ford Motor Co's financial chief wants automakers in the European market to adopt rational behavior and put an end to incentive rates he sees as excessive.

CME Group Inc on Monday unveiled a cross-margining plan that would help customers trading both interest rate and Treasury futures, as the world's largest derivatives exchange prepares for more competition.

WestJet Airlines Ltd and American Airlines cemented closer ties on Monday, signing a code-share agreement that is designed to boost passengers on the Canadian and U.S. carriers.

The United States is taking financial action to block Lybia's leader and his family from using $30 billion-worth of assets in the country.

The company joins Target, Best Buy, and Staples as the latest company to sell Amazon's eReader.

Bank of America's global head of mergers and acquisitions Jeffrey Kaplan is leaving the bank to join hedge fund Appaloosa Management and will be replaced by Steven Baronoff who chairs that business, according to a memo obtained by Reuters on Monday.

The new channel will be available in Europe and feature 30 hours of programming on repeat.

The uprising in Libya has cut its oil output by half, the International Energy Agency said on Monday, but Saudi Arabia's pledge to pump more helped to prevent a further surge in the price of oil.

Continental Airlines, recently bought by United Airlines to form United Continental Holdings Inc , has scrapped plans to launch new service to Cairo, because of declining travel demand to Egypt, which is grappling with political unrest.

Private equity firm Blackstone Group LP has struck a deal to buy nearly 600 U.S. strip malls and other properties from Australia's Centro Property Group for about $9.4 billion, people with direct knowledge of the transaction said on Monday.

The head of the International Monetary Fund warned on Monday that global economic growth could suffer if the price of oil stays at its current high level for an extended period.

Michael Lewis, best-selling author of The Big Short about the mortgage meltdown, has been sued for defamation by an asset manager featured in the book.

Stocks were poised for their third straight month of gains on Monday as encouraging economic data and optimistic comments from billionaire investor Warren Buffett boosted investors' appetite.

Barclays Capital said it is more constructive about U.S. corporate earnings for 2011, citing increased confidence in financial sector margins and lower economic uncertainty, and raised its full-year price target for the S&P 500 index <.SPX> to 1,450 from 1,420.

Ventas Inc said it will buy Nationwide Health Properties for about $7.4 billion in stock, creating the largest healthcare real estate investment trust in the United States.

Investors pulled back from equities in favor of bonds and cash in February, Reuters polls showed on Monday, reacting to the Middle East and North African revolts and to a large run-up in stock market gains.

For years, the question at Cisco Systems Inc was what to buy next, expanding from routers and switches into consumer electronics in an effort to keep its revenue rising by double digits.