IBT Staff Reporter

U.S. Treasury Secretary Henry Paulson indicated on Wednesday that he was pleased with the rise in the yuan.

Federal Reserve Chief Ben Bernanke said that failure to loan up to $30 billion in funds to Bear Stearns would have led to its bankruptcy and a chaotic chain of events which would have severely shaken confidence in financial markets.

NATO concluded the first day of annual summit meeting on a factious note, after allies refused to open membership doors to Ukraine and Georgia, on fear of a potential conflict with Russia.

By Adrian Ash And here's where the thick red wax crayon joins the slump of Spring 2008 to the big spike of May 2006. After noting an historic move higher in the Gold Price last month, maybe...

In six short years, the tables have turned for gold. In 2001, prices were roughly $270 per ounce with a production cost of roughly $160 per ounce.Now in 2007, the production cost is nearly $400 an ...

Mariah Carey surpassed Elvis Presley's record of 17 No.1 singles with her the song Touch my Body, the first single off from her new album E=MC2 to be released in April 16.

A controversial man who is pregnant was interviewed for the first time on the Oprah's Winfrey Show, according to the talk-show host's website.

Oil futures climbed more than $3 on Wednesday after a report showed gasoline inventories had a steep decline.

Treasury note prices fell on Wednesday while yields rose after Fed Chief Ben Bernanke warned of a possible recession in the U.S. economy and a report indicated job growth for U.S. companies.

Verizon Wireless unveiled its plans to offer more advanced walkie-talkie functions on its handsets that will put it in better position to better compete with Sprint Nextel Corp.

Corn increased on Wednesday amid concerns that rains from Louisiana to Ohio will delay planting in the U.S., the world's largest producer and exporter of the grain.

The dollar fell versus the euro on Wednesday after Federal Reserve Chairman Ben Bernanke said there was a possibility the U.S. economy could dip into a brief recession this year.

Statement of Fed chairman Ben Bernanke before the Joint Economic Committee of the United States Congress.

Federal Reserve Chairman Ben Bernanke said on Tuesday that the economy could possibly slip into recession later this year but would quickly rebound in the second half of the year.

Gold futures closed higher on Wednesday after dropping gains in two earlier sessions as the dollar dropped after Federal Reserve Chairman Ben Bernanke said the U.S. economy may shrink over the first half of this year, which would signal the start of a recession.

A historical wave broke through Zimbabwe on Wednesday as long-standing President Robert Mugabe lost his iron-clad grip on the nation for the first time in 28 years.

Robusta coffee dropped in London after some investors interchanged the bitter-tasting beans for Arabica variety.

Winter Fuels Wrap-Up Despite what may have appeared as a harsh winter in some regions, actual temperatures across the Nation remained close to normal over most of the 2007-08 winter heating se...

Commodity Online LONDON : As the world debates on the alternative sources of energy, here is yet another mode tidal energy.The world s first commercial scale 1.2MW tidal energy turbine S...

U.S. stocks gained for a third day Wednesday as investors' mood brighten after Best Buy Co released earning results, and Federal Reserve Chairman Ben Bernanke said the central bank will not need to save another financial firm.

Japan stocks recovered 13,000 line for the first time in one month Wednesday due to weakening fears of U.S. economy and a weaker yen.

Commodity Online MUMBAI: Gold prices fell by just ten rupees per 10 gram at close on Wednesday at the bullion market here.The precious yellow metal, influenced by firming global trend, wip...

By Mike Swanson The correction in gold stocks that began a month ago appears to be coming to an end. I put out a WSW Power Investor Elite daily bulletin alert notifying subscribers that I wa...

Commodity Online MUMBAI: All these months, gold prices have been skyrocketing. But as prices of the precious metal went up and up, there was little cheer among gold traders and dealers in In...

Commodity Online NEW DELHI: Steel prices now a days are playing a crucial role in the financial system as its prices can influence inflation. Spiraling steel prices not only hurt the forging...

Commodity Online WASHINGTON: World Bank on Tuesday said, soaring food and fuel prices are the biggest challenge for poor nations (especially in East Asia) than US financial turmoil, which i...

Commodity Online Can you make enough energy to run a household by mixing salt water and river water? If you thought that is a bad idea, think again. Scientists in Norway and The Netherlands...

Commodity Online MUMBAI: Do you know who holds major part of gold reserves in the world? And who decides whether to take up the gold price or not.The Gold prices have been floating on curr...

Commodity Online CLEVELAND: World demand for biofuels will expand at a nearly 20 percent annual pace to 92million metric tons in 2011, according to a study by Cleveland based industry resea...