Now 50 years old, Kampgrounds of America pioneered the U.S. campground industry to take advantage of vacationers riding the then-new interstate highways.
The Federal Reserve's third round of quantitative easing, or QE3, will benefit silver and gold prices by weakening the dollar and increasing risk appetite among investors, according to a report by UBS. But silver will gain the most.
IBTimes reviews winners and losers in the world of business and economics for the week of July 1.
Trade unionists, communists and pensioners angry at punishing spending cuts in Greece marched through central Athens on Wednesday as lawmakers set to work on legislation needed to secure payment of a second bailout for the debt-laden country.
Eastman Chemical is buying Solutia Inc , chemicals provider for products from iPads to tires, for about $3.4 billion in cash and stock in a bid to drive its sluggish growth and focus on emerging markets, particularly the Asia-Pacific region.
Eastman Chemical is buying Solutia for $4.7 billion, including debt, in an effort to expand into the specialty plastics and chemicals market as well as the Asia-Pacific region.
The euro could rebound in the near-term despite the problems affecting continental Europe, as investors are overly bearish on the currency, investor Jim Rogers said on Tuesday.
Gold rose by nearly 2 percent on Tuesday, fueled by a recovery in the euro against the dollar, after the bullion price neared six-month lows last week in a flurry of year-end selling.
The euro could rebound in the near-term despite the problems affecting continental Europe, as investors are overly bearish on the currency, investor Jim Rogers said on Tuesday.
U.S. stocks are outperforming emerging market stocks. They have outperformed in 2011 and have done so since early 2010.
In years past, gold often acted as a safe haven when stocks were falling, and it hit a record in August while equities struggled. Now, however, it's mired in its worst selloff in decades. What does it mean for investors who see gold as a core portfolio holding?
Last week, Brazil slapped on a 30 percentage point increase in import tariffs of automobiles (the Mercosur trade bloc and Mexico are exempted). A major objective of this tariff is to slow surging imports from China.
Britain and several euro zone countries are likely to have their credit ratings cut in coming months as debt problems worsen, and Western policymakers are bound to embark on more quantitative easing to get their economies moving, American investor Jim Rogers said on Monday.
Gold is trading at $1,500, an important psychological level and near the all-time nominal high. Whether or not gold will go to new heights largely depends on monetary policy, according to some experts.
Jim Rogers doesn’t care if silver continues to go down. In fact, he would love it if that happened because he would be able to buy them for cheaper, he said on CNBC.
Influential investment veteran Jim Rogers said on Tuesday he plans to short U.S. Treasuries, maybe as soon as later in the day, as he expects the end of the Federal Reserve's quantitative easing program to pressure government bonds.
American and Chinese energy companies will sign several commercial agreements next week during Chinese President Hu Jintao's state visit to Washington, a U.S. official said on Friday.
Jim Rogers, the famous commodity bull, currently favors rice over gold as an investment.
Duke Energy Corp
, the third-largest U.S. power company, is in talks to acquire rival Progress Energy Inc in a deal worth more than $13 billion that could be announced as soon as Monday, the Financial Times reported on Saturday.
JPMorgan Chase and Morgan Stanley received approval from Chinese regulators to form joint ventures with domestic firms, which would allow them to participate in underwriting Chinese stock and bond offerings.
IBTimes compiles a list of the greatest trades of all time with accompying information that explains the rankings.
On an interview today with CNBC, famed investor and hedge fund manager Jim Rogers said some European countries should be allowed to go bankrupt so that they can restructure their debt without hurting other parties.