The U.S. economy is not robust by any means, but the recent manufacturing-driven recovery, if tepid, is finally beginning to erase memories of the disappointing slowdown in 2011. On the wings of the recent gains, growth in most sectors of the economy is likely to continue - and maybe even pick up momentum towards the end of the year.
U.S. stocks sagged on Thursday as traders cashed in on red-hot bank and technology shares, while the Federal Reserve's commitment to easy money to help the U.S. economy rebound weakened the dollar.
Travellers hoping to catch a glimpse of the glittering Shwedagon Pagoda or hear the tinkly temple-bells of Kipling's Road to Mandalay might one day be able to book into a Westin or a Marriott.
Valley National Bancorp's margins fell sequentially, prompting investor concerns about its profit growth in a low-rate environment, while its Northeastern peer First Niagara Financial managed to hold the line on its margins.
The Chinese New Year celebration is expected to increase strong demand for gold in Asia, according to industry experts.
New orders for U.S. manufactured goods rose in December and a gauge of future business investment rebounded, showing the U.S. economy ended the year with more momentum than previously thought.
Nintendo announced a tentative release date for their next-gen console, the Wii U on Thursday, and said that it will be here in time for the 2012 holiday season.
Vodafone chief executive said the company's victory in a $2.2 billion legal battle against tax authorities in India would help pave the way for a listing of shares in its business in the country.
New orders for manufactured goods rose in December and a gauge of future business investment rebounded, while new claims for jobless benefits rose only moderately last week, suggesting the labor market was still healing.
Facebook’s lawyers have advised the social networking giant to stop trading shares on private exchanges, which could foreshadow the company’s long-awaited initial public offering.
European shares rose on Thursday, halting two-days of losses, after the U.S. Federal Reserve said interest rates would remain low for a considerably longer period than expected and it is ready to offer additional stimulus to boost economic growth.
Japan's Nikkei average retreated from a three-month high on Thursday as disappointing results from Fanuc and Fuji Electric weighed, though the Federal Reserve's signal of its readiness to further stimulate the U.S. economy provided support.
With worries about the debt crisis in Europe and high unemployment in the United States drawing the public's attention, the sliding value of corporate pension funds has largely gone unnoticed.
Thirty cities accounted for half of all global commercial real estate investment from 2008 to 2011, according to a report released Wednesday.
Pollsters who used dial meters to track voters' reaction to the State of the Union said President Obama's call to invest in renewable energy received one of the most positive reactions of the night.
Studying the potential health hazards of nanotechnology will require an additional $24 million a year to close the knowledge gap about the tiny particles used in a fast-growing array of consumer products, the National Research Council said on Wednesday.
Big profits from Apple and a promise from the Federal Reserve to keep rock-bottom rates for at least two more years powered the U.S. stock market higher on Wednesday.
Secretary of the Treasury Timothy Geithner said Wednesday he won’t serve in a second Obama Administration
because he doesn’t expect to be invited to continue.
Concluding a two day meeting, the Fed released it's plans for monetary policy through 2014 today. Fed plans to keep the interest rate near zero through 2014.
Gold rallied 2 percent on Wednesday, rising above $1,700 an ounce for the first time since mid-December after the U.S. Federal Reserve said it will likely not raise rates for longer than previously expected due to a sluggish economic recovery.
It Romney were an athlete, he would be somewhere in the middle of the pack.
President Barack Obama is on record as proposing a high-speed rail system that will, within 25 years, serve 80 percent of Americans. And Washington's 2012 budget shows the the president is putting his money -- or at least taxpayer money -- where his mouth is. Here is 5 things to know about the project.
