U.S. claims for unemployment aid fell sharply last week but slightly less than analysts expected after a surprisingly big rise the prior week, a government report showed on Thursday.
Sales at U.S. retailers posted their smallest gain in nine months in April as high food and gasoline prices drew spending away from other areas, but upward revisions to March's data suggested consumer spending in the first quarter might have been stronger than initially thought.
The economy struggled to gain momentum early in the second quarter, with retail sales posting their smallest rise in nine months in April and wholesale prices increasing more than expected.
The economy struggled to gain momentum early in the second quarter, with retail sales posting their smallest rise in nine months in April and wholesale prices increasing more than expected.
Google unveils a laptop line specifically catered for its Chrome OS. The first two laptops were built by Acer and Samsung.
HSBC Holdings Plc (NYSE: HBC) said it plans to save up to £2-billion (or $3.5-billion) over the next two years. by downsizing its wealth management and retail segments
HSBC Holdings Plc <0005.HK>, Europe's biggest bank, is looking to slash up to $3.5 billion in costs by cutting the scale of its wealth management and retail banking businesses, it said on Wednesday.
The CEO of Japan's Softbank, Inc. invests over $60 million into Gilt Groupe, Inc.
Indian Hindu groups are outraged by an Australian fashion show that featured models wearing swimsuits featuring the Hindu goddess of wealth Laxmi.
Wedbush Securities expects April U.S. retail video game console software sales data to be released by the NPD Group after the market close on May 12. The brokerage said April may be an anomalous month for software sales, with a rebound likely due to an outstanding lineup of blockbuster title.
Ruffino,a renowned Italian winery founded in Tuscany in 1877, announces the introduction of its inaugural Ruffino Prosecco Doc.
Gap sacks its chief designer after first quarter figures revealed declining sales.
A new report from IHS Research says 3-D TVs will become bigger as more content comes available, the price drops and manufacturer's market them differently.
The top after-market NASDAQ Stock Market losers are: GSI Technology, iGo, TTM Technologies, EMCORE, Powerwave Technologies, Brightpoint, Allscripts Healthcare Solutions, Tesco, Vitesse Semiconductor, and The Knot.
Oil prices rose by 1.3 percent on Friday as a weakened dollar sparked a rebound, but economic data expected during the US market hours could force the commodity south.
The silver price in US dollars experienced a very sharp fall back of over 30 percent within 4 days. The main trigger were extremely rare and aggressive margin hikes for COMEX futures, which helped to eliminate a large chunk of speculative positions on the metal.
As Americans revel in the wake of Osama bid Laden's death, we take a deeper look into the history of the World Trade Center, and its future.
The Byrds from Casper, Wyo. is suing Aaron's, a national rental chain, for spying on them using a webcam from a software installed on the computer they rented.
Euro zone retail sales fell sharply in March, data showed on Wednesday, indicating that rising food and energy prices were curbing household demand and that economic recovery was still mainly industry-driven.
China's inflation rate has reached a point where it is sparking social unrest, the American enterprise Institute's (AEI) latest outlook report has noted. Chinese premier Wen Jiabao's recent comment that inflation is a tiger that once set free is very difficult to put back in its cage[1] aptly characterizes the current inflation in his country. The world's second-largest economy faces some fundamental choices if it is to restore stability, says the report, which was au...
BNP Paribas , France's biggest listed bank, beat forecasts for first-quarter revenue and earnings, driven by strong retail growth and resilient investment banking that bolstered investor confidence.
BNP Paribas, France's biggest listed bank, beat forecasts for first-quarter revenue and earnings, driven by strong retail growth and resilient investment banking.