Gold continues to form a long consolidation pattern which has lasted basically for the final quarter of 2010, says Phil Smith in his chart analysis for Reuters' clients. [On] the possible topping [head-and-shoulders] pattern I've been looking at...we have now broken the neckline. Watch for a decisive break below this line. The target for this topping pattern is $1230.
IBT Staff Reporter
Jan 24, 2011
Job losses and fear about what lies ahead persists on Main Street America, despite official pronouncements that the 'Great Recession' ended over a year ago, the head of a U.S. mayors group said this week. The group was in Washington to lobby President Obama and federal officials for billions of dollars in grants and investments.
IBT Staff Reporter
Jan 21, 2011
Gambling group William Hill Plc said it expects net revenue for the full year to rise 7 percent on strong growth from its online business and gaming machines.
IBT Staff Reporter
Jan 19, 2011
ARkStorm is a hypothetical winter storm scenario created by USGS's Multi-Hazards Demonstration Project for Southern California (MHDP) where experts have tried to forecast and assess the scientifically plausible physical event of a disastrous storm and the consequential secondary hazards as well as physical, social, and economic consequences.
Jijo Jacob
Jan 18, 2011
The United States Geological Survey (USGS) issued a statement over the weekend saying a phenomenon called atmospheric river (AR) caused disastrous high winds and rains in northern California in October, but the information inadvertently touched a sensitive chord among anxious residents, triggering a flare-up of fears about massive natural calamities waiting in the wings.
Jijo Jacob
Jan 18, 2011
The so-called super storm scenario prepared by the U.S. Geological Survey says such super storm has potential to move water of almost 50 Mississippi rivers into the Gulf of Mexico, causing massive floods and devastation in California.
Nagesh Narayana
Jan 18, 2011
Jay Cutler made a spectacular playoff debut by throwing for two touchdowns and running for two others as the Chicago Bears defeated the Seattle Seahawks 35-24 on Sunday to advance to the NFC championship.
IBT Staff Reporter
Jan 17, 2011
RIM released its PlayBook 4G tablet at the CES 2011 to counter the barrage of Android and Windows tablets. However, RIM had a muted response to Android smartphone onslaught.
IBT Staff Reporter
Jan 17, 2011
Attacks on computer systems now have the potential to cause global catastrophe, but only in combination with another disaster, the Organization for Economic Cooperation and Development said in a report on Monday.
IBT Staff Reporter
Jan 17, 2011
Every time you fill up your car this winter you are participating in the biggest taxpayer swindle in history. Only a policy created in Washington DC could drive up the prices of gasoline and food, with the added benefits of costing the American taxpayer billions in tax subsidies and killing people in 3rd world countries.
IBT Staff Reporter
Jan 16, 2011
The storm stirred by the 13th zodiac sign, Ophicus, is the latest sensation to take over the web world. The flip-side to internet news and hoaxes is that they gain momentum in such a pace that it raises questions on people's susceptibility.
IBT Staff Reporter
Jan 15, 2011
Details of yet another upcoming BlackBerry handset was acquired by Jonathan Geller, blogger with BoyGeniusReport. BlackBerry Apollo is the next generation Curve handset that will come with decent specifications for those who wish to enjoy the new BlackBerry OS 6.1 running on it.
IBT Staff Reporter
Jan 15, 2011
The South African rand fell to its lowest in five weeks on Friday, as the central bank mopped up dollar supply as a measure to curb currency strength, while waning global risk appetite also weighed.
IBT Staff Reporter
Jan 14, 2011
Italian Prime Minister Silvio Berlusconi faces a prostitution investigation in Milan over a teenage nightclub dancer who attended parties at his private residence, prosecutors said on Friday.
Jack Kim
Jan 14, 2011
Coal freight lines could start reopening as early as Thursday in Australia's flooded Queensland coalfields as waters recede, rail officials said, prompting predictions of a faster-than-expected start to a recovery in exports.
IBT Staff Reporter
Jan 13, 2011
Floods left parts of Australia's third-biggest city on Thursday looking like a war zone in need of years of reconstruction, the state premier said, while fresh threats loomed with a cyclone forecast offshore.
Jack Kim
Jan 13, 2011
Sarah Palin, Republican known for fiery statements, has landed in another controversy for using blood libel while defending herself against allegations on the Tuscon shooting. The row has shed light on the increasingly caustic political rhetoric.
IBT Staff Reporter
Jan 13, 2011
Flood water in Australia's third-biggest city peaked below feared catastrophic levels on Thursday but Brisbane and other devastated regions faced years of rebuilding as a fresh flood threat loomed with a cyclonic storm building off the coast.
IBT Staff Reporter
Jan 13, 2011
As the New York City faces season's third winter storm in less than three weeks, here are some key facts on weather conditions, flight delays, cancellations and more.
Sanskrity Sinha
Jan 12, 2011
Within weeks from a blizzard that hit New York City halting travel, city Mayor Michael Bloomberg declared a weather emergency from Tuesday evening through Wednesday afternoon in many parts of the region.
Sanskrity Sinha
Jan 12, 2011
Scientists using NASA's Fermi Gamma-ray Space Telescope have detected beams of antimatter that produced above thunderstorms on Earth, something never seen before.
IBT Staff Reporter
Jan 11, 2011
The number of weather-related natural calamities rose last year, showing further proof of the growing impact of climate change.
Shankar besta
Jan 05, 2011