FedEx Corp is seen reporting higher quarterly results than a year ago on Thursday, but analysts are more keen to see if the No. 2 package delivery company cuts its full-year guidance because stalled global economic growth has stifled volume.
Canadian commercial lending rose in the second quarter, PayNet Inc said on Wednesday, in a report that showed smaller businesses we're expanding even as economic storm clouds gather in Europe and the United States.
The U.S. Federal Reserve Wednesday announced it will sell $400 billion worth of short-maturity bonds and reinvest in bonds with maturities of 6 to 30 years by the end of June 2012, in a program commonly referred to as Operation Twist.
Gold's rally will extend beyond $2,000 an ounce in the next year, but won't match the torrid record-breaking climb of the last 12 months, according to gold investors and analysts attending the London Bullion Market Association's (LBMA) annual conference.
Greece pledged to bring forward painful austerity measures on Tuesday, convincing international lenders to return to Athens early next week for talks that it hopes will secure the aid it needs to avert bankruptcy.
Gold's rally will extend beyond $2,000 an ounce in the next year, but won't match the torrid record-breaking climb of the last 12 months, according to gold investors and analysts attending the London Bullion Market Association's (LBMA) annual conference.
The number of people employed in South Africa's formal sector increased slightly in the second quarter, with the mining and retail sectors among those that added jobs.
Although the Rome government recently approved a 54 billion euro ($74 billion) austerity budget, S&P complained it was insufficient to meet the country’s fiscal problems.
Standard & Poor's cut its unsolicited ratings on Italy by one notch on Tuesday, a surprise move that sharply increases strains on the debt-stressed euro zone and piles pressure on policymakers to take more decisive action to resolve the crisis.
For IBM’s Watson supercomputer, there’s more than being a champion at “Jeopardy.” Early in 2012, medical professionals at WellPoint expect to tap its computer brain to serve 34 million subscribers.
Nigeria's 2012 budget will be based on average oil production of 2.48 million barrels per day and a benchmark price of $75 dollars per barrel, the country's finance minister said on Friday.
COPENHAGEN -- Helle Thorning-Schmidt has become the first female prime minister of Denmark, according results of the Danish general election on Thursday.
Helle Thorning-Schmidt, is poised to become Denmark’s first female Prime Minister.
A spokesman for Merkel said that she and Sarkozy emphasized that Athens must dutifully adhere to its deficit-reduction goals.
It's a scenario that many Americans, if not most, probably do not want to hear about: the United States enters an era called a new normal slow-growth economy -- perhaps for as long as a decade. What are the factors likely to cause it? And is there anything that can prevent it?
In the latest Bloomberg National Poll, most Americans say the economy is on the wrong track and they are more-pessimistic about its prospects -- something that doesn't bode well for President Barack Obama and Congressional Democrats in the next election, if economic conditions don't improve in the quarters ahead.
Moody's Investors Service cut the credit ratings of France's Credit Agricole SA and Societe Generale on Wednesday, citing their exposure to Greece's debt, a fresh blow to euro area leaders struggling to restore confidence in the region.
South Africa's rand steadied against the dollar on Tuesday after falling more than 2.6 percent overnight, while bonds also recouped some losses although local assets remained vulnerable to renewed global risk aversion.
Royal Bank of Canada on Monday downgraded its growth forecast for the Canadian economy in 2011, citing weaker performance in the United States and Europe.
Could one make a case to ban/outlaw, or at minimum, to not patronize, what has become a multi-national giant called McDonald’s (MCD), on the grounds that it doesn’t represent the best that the United States can offer? Indeed one can, and here are 5 reasons.
Aisling McNiffe's voice crackles when she talks about her son's school prospects.
It's been overlooked -- it's received very little coverage by the popular press -- but it's worth repeating: one benefit of the 2010 U.S. health care reform legislation will be: enhanced job mobility.
