GDP

Gold in Review: How it Fared in 2011

220 kg block of gold
Gold extended its record bull run in 2011 for an 11th year as confidence in the world's financial leaders and their stewardship of fiat currencies plummeted.

Ron Paul - Is He Right About the U.S. Dollar, Inflation?

Dollar, Inflation
U.S. Rep. Ron Paul, R-Texas, has predicted rising inflation and a collapse of the dollar due to the U.S.’s fiscal and monetary policies, but roughly three years into the economic recovery, inflation remains moderate. And the dollar? It’s holding its own and may strengthen in 2012.
Food

Food Bill: A Vote-winner and Budget-buster

Plans to expand the multi-billion dollar food subsidy programme are a likely vote-winner for the ruling Congress party as it heads into key local elections in 2012, but could worsen strained finances as a flagging economy crimps revenue.
More news

Jobless Claims Drop to Lowest Since April 2008; U.S. Debt-to-GDP Passes 100%

The number of Americans filing for first-time unemployment benefits continued to decline last week, even after dropping to a three-and-a-half year low in the previous week. The figure is still below a key threshold for gauging the job market, a sign that the labor market is gaining strength heading into 2012.
Europe's Markets

Gold, Euro in Tight Range, European Stocks up

Rising European stocks and a weaker dollar supported gold Thursday, but the yellow metal remained tethered to the previous day's closing price on light volume and a lack of anything that encouraged risk taking.
Europe's Markets

Europe's Markets Pare Gains Wednesday at Mid-Day Following ECB Intervention

Europe's banks borrowed nearly €490 billion or $637 billion from the European Central Bank at its first-ever offer of three-year loans on Wednesday, encouraging demand for the euro and stocks on hopes the funding will ease the two-year old debt crisis. On Wednesday at mid-day, London's FTSE 100 was down 25 points to 5,393, Germany's DAX was down 29 points to 5,819, and France's CAC 40 was off 22 points to 3,033.
Eurozone

Europe in 2012: Renaissance or Lingering Dark Ages?

The outlook for Europe looks gloomy especially after the European Central Bank (ECB) warning that risks to euro area financial stability increased considerably in the second half of 2011, as the sovereign risk crisis and its interplay with the banking sector worsened in an environment of weakening macroeconomic growth prospects.
A man stands next to a globe displaying international stock market prices at the London Stock Exchange in the City of London

10 Bearish Predictions for Investors in 2012

At a time of daily stock-market seizures, weekly bank and sovereign debt downgrades and monthly central bank interventions, most people are seeing the glass half empty, and have forecasted bearish -- if not downright abysmal -- market conditions for next year. A look at some of the more salient predictions.
Silver bars

Silver, Palladium Fall but Gold Stays Near $1,600

Prices for silver and palladium, the two precious metals with the most industrial applications, fell Monday on growing evidence of weakening demand from China and a possible recession in Europe.
Europe hasn't fully committed to IMF: Flaherty

Canada's Flaherty says Europe hasn't done enough

European leaders have not done enough to deal with the region's debt crisis and should probably use the International Monetary Fund to more closely monitor countries with the biggest problems, Canadian Finance Minister Jim Flaherty said on Sunday.
U.S. Congress

House Republican Opposition Puts Payroll Tax Cut Deal in Doubt

One day after saying he favored the payroll tax reduction extension agreement approved by the U.S. Senate, House Speaker John Boehner, R-Ohio, said he and his caucus will oppose the tax reduction deal. Boehner said House Republicans now want additional budget reductions to finance the extension agreement.
Incredible India

India not Incredible Anymore?

Policy paralysis, corruption scandals and a government fearful of political backlash to any bold moves have worsening domestic finances, and Incredible India is no longer incredible.
Traders are pictured at their desks at the Frankfurt stock exchange

Global Markets Are On Edge

This lack of action by central banks has clearly contributed to the pervasive negative mood felt by most investors.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.