One of the driving forces causing this decoupling to occur has been a growing string of strong economic data in the U.S.
Historically low interest rates and weak stock market gains led 100 of the largest U.S. corporate pension funds to a massive funded-status deficit of $464.4 billion in 2011, the largest deficit in the 11 years consulting firm Milliman Inc. has been tracking such pensions.
Gold prices rose 1.5 percent near a closely watched level Tuesday to a three-week high as the dollar weakened and stocks rallied.
The federal government will soon begin selling government-owned foreclosed properties in bulk to investors as rentals, in a new effort to dispose of its growing portfolio of distressed properties.
A city official said the Economic Development Corporation remained hopeful about creating another tech partnership. If the new plans go through, the EDC could be making an announcement in the coming weeks.
Was Apple CEO Tim Cook paid $380 million in 2011? It depends on how you look at it.
Jacob Lew, a former Citigroup executive, reportedly received a $900,000 bonus from the company after it took $45 billion in taxpayer bailout funds in 2008.
Two foreign citizens who reside legally in the U.S. failed in their attempt to overturn a ban on political spending from non-citizens on free speech grounds.
Alison Fournier, a New York investment banker, is planning to sue Starwood Hotels chain over a sex assault involving drunken man that entered her hotel room in Finland last year.
Regarding its banking system, the United States has now experienced its third generation of "heads the banks win, tails the taxpayer and the public loses.” Is there a better way? Is it possible to create a bank that serves the people of the United States?
Chinese machinery maker Shandong Heavy Industry Group on Tuesday sealed a deal to take a 75 percent stake in debt-laden Italian yachtmaker Ferretti Group, the latest in a series of Chinese acquisitions of European brands.
After months of campaigning and enough debates to enervate even the most fanatic political junkies, the New Hampshire primaries are upon us. Here are the essential questions facing the horses remaining in this race, from how big Mitt Romney will win to whether Newt Gingrich and Jon Huntsman can build some momentum.
The Nikkei share average edged up on Tuesday after revenue at U.S. aluminum giant Alcoa beat expectations, while Olympus jumped 20 percent on reports it would remain listed, but the benchmark remained stuck below key resistance ahead of events in Europe.
A hedge fund set up by former Goldman Sachs trader Morgan Sze -- the biggest launched in Asia in 2011 -- lost 6.8 percent last year, two sources with direct knowledge of the matter told Reuters, as it was rattled by a sharp drop in Chinese shares.
Former Goldman Sachs Group Inc trader Morgan Sze's hedge fund Azentus Capital lost 6.79 percent in 2011, two sources with direct knowledge of the matter told Reuters on Tuesday.
Samsung Electronics Co, the world's biggest technology firm by revenue and the world's No.2 handset maker, is confident of its handset shipments overtaking that of Nokia this year, its chief executive said on Monday.
Chinese exports and imports registered weaker growth in December than in November, signaling economic growth in the world's second largest economy is losing steam on account of sluggish demand and a thaw in the real estate market.
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Japan's disgraced Olympus Corp is suing 19 current and former executives, including its current president, for up to almost $50 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals.
Jan 9 - The Securities and Exchange Commission has urged banks to publish more details about their exposure to European sovereign debt, a factor in the recent bankruptcy of the futures brokerage MF Global Holdings Ltd .
Bank of America-Merrill Lynch is cutting around a fifth of its managing directors across its Asia investment banking division, sources said Monday, in a bid to cut costs as the outlook sours in a once-booming region.
City records show that Donald Trump is set to manage a PGA-regulation golf course in the Bronx and will not need to pay any to money to the city for the first four years of operation. On the fifth year, Trump will have to pay a minimum of $300,000 or 7 percent of the course's gross and by year 16 he will have to pay only 10 percent or $420,000 to the city.
The Securities and Exchange Commission wants American banks to publish more details about their exposure to European sovereign debt, a factor in the recent bankruptcy of the futures brokerage MF Global Holdings.
