Facebook (Nasdaq: FB) experienced a brief respite this week following several weeks of dismal business prospects and plummeting share prices. Launching an initial beta mode of its new advertising system known as Facebook Exchange Facebook Exchange (FBX), advertising partners revealed good news that might finally reverse the SanFrancisco-based social media giant's post-IPO fortunes: Facebook is now better at gathering advertising clicks from web users than its fellow internet giant and chief r...
The Federal Reserve's third round of quantitative easing, or QE3, will benefit silver and gold prices by weakening the dollar and increasing risk appetite among investors, according to a report by UBS. But silver will gain the most.
A look at the merits of Arsenal manager Arsene Wenger, as chief executive Ivan Gazidis suggests he will offer the Frenchman a new contract.
Fed decision to buy tens of billions more in bonds lifts the price of gold to a six-month high.
In the statement, the Federal Reserve announced Thursday it will buy $40 billion per month of mortgage-backed securities, the start of the so-called third round of quantitative easing, QE3. The Fed also said it will continue 'Operation Twist,' bringing total securities purchased per month to $85 billion.
Ben Schwartz will be reprising his role as Jean-Ralphio on "Parks and Recreation" in the shows upcoming fifth season. The series will also introduce Jonathan Banks ("Breaking Bad") and Glenne Headly as Ben Wyatt's (Adam Scott) parents.
Less than 24 hours after the U.S. government reported it was mostly done with its money-losing bailout of AIG, a Bloomberg News article out Tuesday explained how Wall Street banks are setting themselves up for the next systemic crisis by playing at financial alchemy in the derivatives market.
China's economic slowdown is expected to reach its nadir in the third quarter, leaving growth for 2012 likely to fall below 8 percent, a level unseen since 1999. While top Chinese leaders remain confident that the world's second-largest economy still has "ample strength" in either monetary or fiscal domains to propel economic growth, economists caution that the $158 billion stimulus unveiled by China may not be all it's hyped up to be.
HSBC has cut its India GDP forecast for the fiscal 2013 to 5.7 percent from the previous forecast of 6.2 percent, citing "the lack of reform traction" and a more "challenging" global economic state of affairs.
Shares of Apple Inc. (Nasdaq: AAPL) jumped Wednesday during its highly anticipated unveiling of a host of new high-profile software and hardware products, including the iPhone 5, in San Francisco.
Digital Domain Media, the company that created the Tupac Shakur hologram from the 2012 Coachella festival, has filed for Chapter 11 bankruptcy.
Chinese media reveal that Foxconn, which assembles products for Apple, is still carrying out abuses in its labor practices, including the drafting of local college students in East-Central China into its factory labor force, and whitewashing the incident as an "internship" experience.
Over the weekend, Mitt Romney insisted his tax plan would not cut taxes on the rich. And yet, the Center for American Progress found it would lead to more than $2 billion in savings for the billionaire Sheldon Adelson. And that's not counting his heirs.
It’s hard being the next big thing -- just ask Myanmar.
Foreclosed properties in the U.S. cause only a modest decline on the home prices of nearby properties, and the effects go away a year after the distressed property is resold, according to a working paper by the National Bureau of Economic Research.
General Motors Company (NYSE: GM) may be losing money on the Chevy Volt at present, but the long-term benefits of early R&D in electric vehicles, improvements to brand image and improving sales volumes should ultimately make it a wise decision for the company.
Money managers BlackRock Inc., hedge fund Angelo Gordon & Co. and real estate investment firm Starwood Capital are among the firms making more than a 20 percent profit on sales of land they bought on the cheap during the economic downturn.
Crude oil futures slightly declined Monday as weak economic reports from the U.S. and China weighed on the sentiment.
China reported a trade surplus of $26.66 billion in August amid the slower-than-expected growth in exports and imports, raising concern that the world's second largest economy isn't doing enough to stimulate the economy and avert a slowdown.
China's factories ran at their slowest rate for 39 months in August, the government reported Sunday.
From Daimler trucks in Germany to tractors in Brazil, Rohit Saboo's Indian automotive parts are making their way into vehicles all over the world. But as he scales up exports to compensate for slowing growth at home, a lack of spending on innovation is undermining his sales pitch.
A slowdown in exports, a slump in the earnings of domestic companies and surging food prices cast downward pressure on the world's second-biggest economy in August as the China's National Bureau of Statistics reported Sunday that the Consumer Price Index rose 2 percent.
