INVESTMENT

At Issue: Global Financial Crisis

Bond Vigilantes Push Up Italy?s, Spain?s Interest Rates: Is U.S. Next?

Up to now, the dispensers of global financial justice -- the bond vigilantes -- have given the United States a free ride regarding its large budget deficit and national debt. But history say that can't last forever, which is why it's in the nation's long-term interest to enact the second half of budget cuts called for in the U.S. debt deal.

Heat waves pushes Texas power grid into red zone

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The Texas power grid operator has scrambled this week to meet soaring electricity demand in the face of a brutal heat wave, and residents of the second most populous U.S. state are one power plant shut-down away from rolling blackouts.
A board at the New York Stock Exchange shows the final trading numbers for the day

Insight: Wall Street Slide Sends Waves Across Economy

A scary drop in stocks and commodities threatens to squeeze life out of an already faltering U.S. economy, with deal-making, investment in plants and equipment, and capital raising at risk of slowing down or freezing up.
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Fluor profit beats estimates, shares rise

Fluor Corp (FLR.N), the largest publicly traded U.S. engineering company, posted unexpected second-quarter profit growth and said its backlog of work surged to a new record, lifting its stock by 7 percent.
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New York Takes Its Engineering Talent Crunch to The NYSE Floor

We've talked about the rise of New York as a tech hot spot, but the challenge of attracting good engineering and technical talent remains one of the region's biggest hurdles. Now Next Jump, a New York-based rewards and offers provider, is teaming with the New York Stock Exchange to host a major engineering-only recruiting event on the floor of the NYSE.
Traders work on the floor of the New York Stock Exchange

Dow Declines 512 Points, Zaps Investor Confidence

Fears of a new recession caused the stock market to take a deep plunge on Thursday making it the worst day since the financial crisis in 2008. The Dow Jones industrial average declined 512.76 points, or 4.13 percent, closing at 11, 383.68.
Charles Koffi Diby

Ivory Coast finance minister pledges to tackle debt

Ivory Coast's levels of public investment will be "insignificant" over the next couple of years as the conflict-torn nation uses available funds to tackle its mounting debts, Finance Minister Charles Koffi Diby said on Thursday.
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Sustainable Mobility for Generation Y

I recently set out to look into all electric car sharing programs, like the one recently started in San Diego by car2go. After a little research into the program - run by a wholly-owned subsidiary of Daimler, stocked with Daimler Smart Fortwo EVs, and using ECOtality charging infrastructure - I became even more interested in the diversifying products of auto manufacturers. A number of auto OEMs around the world are starting to look like one-stop-shop transportation companies, investing in car sh...
Robert Mugabe

Essar to invest up to $4 bln in Zimbabwe steel plant

Indian conglomerate Essar plans to spend up to $4 billion constructing a plant to process iron ore from Zimbabwe's Mwanesi resource within the next five years, Industry and Commerce Minister Welshman Ncube said on Wednesday.
A couple walks on the grounds of the U.S. Capitol Building during a snow storm in Washington

U.S. rating maintained by Moody's and Fitch

The United States had its triple-A rating confirmed by two key ratings agencies on Tuesday after Washington struck a last-minute deal to avoid a debt default, but threats of future downgrades remain.
Bull and a bear styrofoam figurines are pictured at the trading floor of Frankfurt's stock exchange in a wide-angle picture taken during morning trading session

Stocks negative on the year, gold hits record

Major stock indexes around the world lost all of their gains on the year and gold hit a record on Tuesday after a deal to raise the U.S. debt ceiling gave no comfort to investors preoccupied with sluggish global growth.

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