U.S. stocks have opened sharply lower in Thursday morning trading following an overnight plunge in global markets. Equities have tumbled largely in response to the Federal Reserve’s grim warning about the state of the U.S. economy and the establishment bond swap program.
Zambia held presidential elections Tuesday, but two days later only 85 of the country's 150 constituencies have reported results, sparking wide-scale unrest in the country and again bringing up fraud allegations. While all eyes are on Zambia, one nation's gaze is especially fixed: China.
Talk is cheap that the U.S. is merely in slow-growth mode more than two years after the official end to the recession, says Nouriel Roubini, the New York University professor who predicted the collapse of the U.S. housing market and predicted the 2008 recession.
NASA astronomers, who used Wide-field Infrared Survey Explorer and captured a black hole's flaring active jets, have been benefited with the new rare discovery in many ways.
Foreign equities tumbled largely in response to the Federal Reserve’s grim warning about the state of the U.S. economy.
Commodities skidded on Thursday as investors scrambled to liquidate after a U.S. Federal Reserve warning, coupled with signs of slower growth in China and Europe, stoked worries about slowing demand for fuels and metals.
Gold fell on Thursday, after the Federal Reserve's widely-anticipated move to boost U.S. growth lifted the dollar but pummelled global equities and hit the entire commodities complex.
Spot gold slipped on Thursday under the weight of a rallying dollar, after falling more than 1 percent in the previous session when the U.S. Federal Reserve announced its plan to load up long-term securities and offered a grim economic outlook.
A grim outlook for the U.S. economy from the Federal Reserve and signs of a slowing China and Germany drove world stocks sharply lower on Thursday and pushed investors into safer currencies and government bonds.
Europe's debt crisis is the biggest threat to the global economy, the Treasury said on Wednesday, and it called on European policymakers to provide unequivocal support to banks and governments under stress.
Jefferies reiterated its positive stance on Digital China Holdings Ltd. as the underlying fundamentals of the company's business look strong particularly in the context of an uncertain macro environment.
A meeting of emerging economies on Thursday will consider a Brazilian proposal to buy European bonds to help crisis-hit euro zone countries, South Africa's Finance Minister Pravin Gordhan said on Wednesday.
Stock index futures pointed to a lower open on Wall Street, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures down between 1.4 to 1.8 percent at 0923 GMT.
North Korea wants a second round of dialogue with the United States, possibly next month, as part of renewed efforts to restart talks on disabling the its nuclear weapons program, a South Korean official said Thursday.
World stocks hit a fresh one-year low on Thursday and investors poured money into safer currencies and government bonds after the Federal Reserve gave a grim outlook for the U.S. economy and China's manufacturing slowed.
Rescue workers with sensors and sniffer dogs searched through rubble on Wednesday for more survivors of an earthquake that has killed at least 100 people in a remote Himalayan region and left many, including 400 foreigners, stranded in far-flung areas.
Get ready to digest another rumor on the Apple iPhone 5 release date. AllThingsD reported Wednesday that sources have confirmed that Apple will hold a media event on Oct. 4 to unveil the iPhone 5.
Apple is expected to launch its anticipated next-generation iPhone 5 on October 4, and while it should feature a number of bells and whistles, it will probably lack 4G ... for now.
As of Jan. 1, 2011, there were 3,251 total prisoners on death row in the U.S., but the number of executions per year has been declining over the past decade. Despite the decline, the United States still executes the fourth most people of any country in the world.
China is all set to launch its first unmanned space module on Tuesday. The world's third biggest country will launch the test module into orbit via Long March II-F rocket, which is developed by China Academy of Launch Vehicle Technology.
To address the growing problem of Apple knock-offs and copycats in China, the company has been granted 40 patents for its line of mobile and laptop computing systems.
South Africa's Gold Fields Ltd. could invest up to $2 billion to develop a gold and copper prospect in the Philippines, a government official said on Wednesday, although the company said it was far too early for such estimates.
