Commodities trader Glencore International posted a 50 percent rise in headline first-half profit and said it saw opportunities emerging from turbulence in its key markets as commodity demand remains strong.
For Eriko Ebina, standing outside a downtown Tokyo medical equipment store that has a side business buying gold, the recent surge in prices for the precious metal was just too tempting.
Apple’s Steve Jobs resigned as the company’s CEO on Wednesday.
An unmanned Russian spacecraft carrying three tons of food, fuel and water for the International Space Station crashed about five minutes after it was launched, NASA officials said Wednesday.
A Russian spacecraft carrying three tons of food, fuel and water for the International Space Station broke down about five minutes after it blasted off on Wednesday.
A Russian rocket carrying three tons of supplies to the International Space Station didn't achieve orbit and instead crashed in the Siberian forest.
Despite the entire hullabaloo surrounding the historic East Coast earthquake, the 5.8 magnitude quake didn't create that much economic damage.
Welcome to the Camry Chronology -- everything you've ever wanted to know about one of the world's most popular cars.
Joe Berlinger's and Bruce Sinofsky's Paradise Lost 3: Purgatory, the third of the filmmakers' documentaries about the case of the West Memphis Three, will premiere at the 49th New York Film Festival with a new ending incorporating the recent release of the three from prison.
On Tuesday, the day the earthquake struck the east coast of the U.S., there were at least 30 seismic actions around the world of at least magnitude-2.5.
Gold prices dropped sharply Wednesday after a strong U.S. durable goods report, profit-taking by investors and encouraging news from the Congressional Budget Office about the deficit.
Investors are agonizing over the prospect of another round of quantitative easing that could come from the Fed chairman Ben Bernanke’s Jackson Hole summit later this week.
A strong durable goods report Wednesday helped reverse a short-lived rebound in precious metals, which had been gaining early in the day on a downgrade of Japan and worries that economic growth in both the U.S. and Europe was tepid at best.
Tuesday's unusual East Coast earthquake sent tremors from Georgia to New York, surprising residents who were not expecting such an event.
Gold bounced back on Wednesday after suffering its worst setback in 18 months, as risk appetite retreated on Japan's debt rating downgrade, while oil and metals were supported by hopes the U.S. would inject fresh stimulus to boost the economy.
For Eriko Ebina, standing outside a downtown Tokyo medical equipment store that has a side business buying gold, the recent surge in prices for the precious metal was just too tempting.
Fifteen years ago, a growing sense of isolation due to old age prompted Kayoko Okawa, then 66, to knock on the door of a local volunteer center and timidly ask if it was possible for someone her age to start an online community for seniors.
World stocks fell on Wednesday as European investors shuffled positions ahead of a Jackson Hole speech by Federal Reserve Chairman Ben Bernanke and Japanese shares sold off following a Moody's downgrade.
Gold rebounded more than 1 percent Wednesday after posting its biggest drop in 18 months, as risk appetite retreated after Moody's downgraded Japan's debt rating and strong buying interest in Asia's physical market lent support.
Asian shares rose on Wednesday as speculation the Federal Reserve may signal further moves to support the struggling U.S. economy sustained a modest rebound from this month's sharp sell-off.
Moody's Investors Service cut its rating on Japan's government debt by one notch to AA3 on Wednesday, blaming large budget deficits and a buildup of debt since the 2009 global recession.
Hours after a 5.8 magnitude earthquake shook the East Coast, the Washington, D.C. area was still experiencing aftershocks of considerable magnitude.