In the midst of the economic slowdown, half the assets managed by the world's largest fund managers are now pension fund assets.
Gold set a record high Tuesday and U.S. stocks fell on fresh concerns over weakness in Europe's biggest economy, doubt that European leaders will be able to solve its sovereign debt problems and the languishing U.S. economy.
Gold settled at a record high Tuesday after investors abandoned stocks on fresh concerns over weakness in Europe's biggest economy, doubt that European leaders will be able to solve its sovereign debt problems and the languishing U.S. economy.
Long famous for its top-notch highways and passion for cars, the United States is letting bridges rust as traffic chokes overburdened roads, threatening a pillar of its economic strength.
Sales at Wal-Mart Stores Inc's U.S. discount stores open at least a year fell 0.9 percent during its second quarter, marking the ninth straight quarterly decline as it tries to lure back bargain hunters.
Debt concerns in Europe and a tepid U.S. economy have made for a bumpy stock market of late, to day the least. However, because one-day events can deceive, let's pull the lens back and do a condensed, cross-methodological analysis of the Dow Jones Industrial Average, to see if it reveals any long-term clues.
Risk-averse real estate investors are flocking to multi-family dwellings to wait out the economic slump.
The timing of the acquisition suggests that Google's move was more an act of desperation rather than a planned strategic move
Half of the assets managed by the world?s largest money managers are now pension fund assets.
The statistic office indicated that while German exports grew, imports also sharply rose.
The largest gold fund players including hedge fund titan John Paulson stuck with their bullion bets in the second quarter, opting not to follow George Soros who further reduced his gold ETF holdings.
Gold prices rose on Tuesday as concerns over the financial health of the euro zone resurfaced ahead of a summit in Paris between French and German leaders, at which they will try to thrash out a solution to the bloc's debt crisis.
Samsung in the Netherlands is rolling out Galaxy Tab 10.1, which is otherwise banned in Europe after Apple won an injunction against Samsung for violating its intellectual rights to its iPad.
China's long-term plan to cut reliance on investment as a growth engine is clashing with its short-term need for protection against a worsening global outlook.
German gross domestic product growth slowed more than expected in the second quarter, weighed by a negative trade balance, flagging consumption and weak construction investment, the statistics office said.
Asian stock markets rose Tuesday after Wall Street shares climbed for a third straight session, but the euro slipped ahead of talks between French and German leaders on possible further measures to contain Europe's debt crisis.
Google's $12.5 billion acquisition of Motorola Mobility had wide-ranging impacts on Monday, notably on technology stocks. Motorola Mobility (NYSE:MMI), Nokia (NYSE:NOK), and Research in Motion (NYSE:RIMM) all saw big stock price jumps during Monday's trading.
Should I stay or should I go?
Boyce Greer was an investor in a kayaking gear company
The stock market made it three up days in a row Monday, thanks to slew of acquisitions that has observers wondering if Wall Street is getting back its Mojo.
Star bond fund manager Jeffrey Gundlach was in discussions to join Western Asset Management Co while he was employed at rival firm Trust Co of the West, he testified on Monday.
Institutional investors, turned off by a slow-growth economy that?s led to low-return stocks, piled in to oil, driving up its price, worsening the economic conditions that led them to invest in oil in the first place.