Goldman Sachs Group Inc posted a wider-than-forecast loss of $428 million for the third quarter, only its second quarterly loss as a public company, hurt by sharp declines in the value of investment securities and customer trading assets.
Space fans saddened by the retiring of the space shuttle Endeavor will be excited to learn that NASA has contracted a private spacecraft for at least one chartered flight into near space. The U.S. space agency has confirmed a deal with Virgin Galactic, Richard Branson's private-sector space initiative, for one suborbital flight on the company's spacecraft SpaceShip Two, with the option of two additional flights.
Gold demand in India, the world's largest bullion buyer, will be strong in the October-December quarter, a traditional time for festivals and weddings, despite high inflation that eats into savings and multiple growth-choking central bank rates hikes.
Asian stocks and commodities fell on Tuesday after Germany's finance minister cautioned against hopes for a quick fix to Europe's debt problem, and news that China's economic growth slowed a tad in the third quarter added to concerns.
Ford (F), which did not accept U.S. Government assistance, has rebounded after a restructuring, and is well-positioned to capitalize on U.S. job growth, when it returns with gusto. Is now a good time to consider Ford's shares?
A report from McGraw Hill Construction found that green jobs now make up one-third of the positions in the design and construction workforce, a figure that is only expected to grow this decade.
Although no team would likely ever admit to purposely tanking games, it's clear that a few teams are hoping to end up with the worst record in the league in order to draft Stanford quarterback Andrew Luck.
At the News Corporation annual shareholder meeting Friday, those in attendance will get the chance to vote on splitting the role of Chairman and CEO.
Jon Stein got a good education in economics at Harvard and Columbia Business School. In nearly every economics class, Stein said he was taught that for any investor who doesn't have better market information than another there's just one optimal portfolio to own: The market portfolio.
The Kenyan shilling reversed earlier losses to close firmer against the dollar on Monday for the fourth straight session, helped by new limits on the amount of foreign exchange banks can hold, while stocks edged up on bets the recent sell-off was overdone.
Massmart Holdings, the South African retailer majority owned by Wal-Mart Stores, said on Monday first-quarter sales rose nearly 15 percent, and forecast a solid year ahead.
Tanzania's food and energy costs pushed the inflation rate to 16.8 percent year-on-year in September from 14.1 percent in the previous month, and analysts expected consumer prices to continue accelerating at least until the turn of the year.
Nigeria's trade unions have warned President Goodluck Jonathan there could be civil unrest if the go-ahead is given to remove the fuel subsidy the government says will cost 1.2 trillion naira this year.
Amid what appears to be increased support by a portion of the electorate for substantive economic and fiscal policy change, President Barack Obama begins a three-day, two-state bus tour through North Carolina and Virginia for what the administration hopes will be a momentum builder to pass a revised jobs bill.
Huntsville, Alabama to give $250,000 to cash-strapped space center.
The U.S. wireless industry is rolling out more consumer-friendly billing practices, fending off a plan by communications regulators to impose new rules against unexpected charges.
Ford (F), which did not accept U.S. Government assistance, has rebounded after a restructuring, and is well-positioned to capitalize on U.S. job growth, when it returns with gusto. Is now a good time to consider Ford's shares?
Former Fox News talk-show host Glenn Beck said the Occupy Wall Street protests that have grown in the past four weeks are part and parcel of a communist plan to collapse the U.S. economy.
Bill Gross, manager of the world's largest bond fund, apologized to his investors late Friday for his poor performance, saying, I'm just having a bad year.
Saudi Arabia's central bank is not interested in buying distressed or speculative assets such as troubled European debt and gold, and the OPEC member's banks are well-positioned to withstand the Eurozone crisis.
The Occupy Wall Street protest movement in the United States represents the arrival of a global wave of social and political turmoil, according to economist Nouriel "Dr. Doom" Roubini.
Thousands of people protested outside the European Central Bank (ECB) headquarters in Frankfurt, Germany, on Saturday in solidarity with the Occupy Wall Street movement.
