INVESTMENT

Five Myths About American Civilization

For Discussion: U.S. Civilization
It goes without saying that a civilization and society as complex as the United States would have its share of myths and misnomers, so let's take a moment to dispel a few.
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An HP Invent logo is pictured in front of Hewlett-Packard international offices in Meyrin near Geneva

HP's Bold Move: CEO Apotheker Reinventing Company

In a bold move, Apotheker -- who took the job as HP CEO in November -- has decided to spin off the company's PC unit that accounted for 30 percent of sales in the most recent quarter. But it's not hard to understand why, since HP's PC unit, despite being the largest in the U.S., generated only a 5.9 percent operating margin.
California state worker Curtis Walker looks over retirement plan brochures at the Calpers regional office in Sacramento

Retirement Plans Add Options Against Inflation: Mercer

Mutual funds and other vehicles that purport to help investors fight inflation are the most popular new investment strategy being adopted by corporate retirement plans, according to a new survey released on Thursday.

Biden Tries to Reassure Chinese on U.S. Debt

U.S. Vice President Joe Biden said Friday China had nothing to worry about concerning the safety of its vast holdings of Treasury debt, while China's Premier Wen Jiabao gave a ringing endorsement of the resilience of the debt-ridden U.S. economy.
A photographer looks at the DAX index board at Frankfurt's stock exchange

Global Stocks Routed, Gold Soars

An ugly sell-off in global stocks gathered pace on Friday, on mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of a banking crisis.
For Discussion: U.S. / Global Stock Markets

European Markets Follow Asia on Downward Slide

An ugly selloff in global stocks gathered pace Friday, on mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of a banking crisis.
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European Stocks Open With Drop, Following Asia

Global stocks ceded more ground Friday, hurt by mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of another banking crisis.

Bank of America Reported Cutting 3,500 Jobs

Bank of America is cutting 3,500 jobs this quarter and working on a restructuring that could eliminate thousands of additional positions, the Wall Street Journal reported, adding to a slew of layoff by major banks.
Gold bullion

Key facts about India's gold industry

India's centuries-old gold industry is the world's biggest market for the metal, with imports meeting almost all the country's 800-900 tonnes per year requirements for jewellery and investment.
U.S. Housing Sector

U.S. Housing: Five Tips for Prospective Home Buyers

U.S. mortgage rates are falling to 50-year lows, even as existing home sales remains soft, with both stemming from uncertainty regarding the outlook for the U.S. economy. In this uncertain time, what should prospective home buyers do? Here are five tips that will help you make an informed home purchase decision.
One kilogram gold bars are seen in this picture illustration

Gold Strikes Record as Macro Unease Jolts Markets

Gold rallied to its second record high in a week on Thursday, driven by growing investor unease over the outlook for the U.S. economy after data showed an unwelcome pickup in inflation, and over the lack of resolution to the European debt crisis.
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Gold Rallies Toward Record High

Gold rallied back toward record highs above $1,800 an ounce on Thursday, driven by unease over the lack of a solution to the European debt crisis and sluggish growth in the developed world which has shaken investor confidence in stocks, bonds and hard currencies.

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