Some at Fed Eye Gas Pedal, Others the Brake
Federal Reserve policymakers are turning to cars to illustrate just how split they are over what, if anything, to do about the U.S. economy, with some eying the brake pedal and others the gas.
Empire State Manufacturing Index Up On Future Expectations
An important leading indicator on the state of national manufacturing revealed a high level of optimism in that economic category, suggesting the recovery underway in that sector could become a rolling trend.
First National Blues Museum Planned for St. Louis Riverfront
A few blocks from the Mississippi River levee where a homeless W.C. Handy composed St. Louis Blues more than 100 years ago, the first national blues museum in the United States is taking shape.
Whitney Houston Songs: Sony Raises Prices 30 Minutes after Singer's Death
Whitney Houston, the celebrated pop music icon, died on Saturday at the age of 48. While many around the world mourned, Sony Music raised the price of Houston's greatest hits album titled Ultimate Collection on iTunes and Amazon. Sony Music raised the price of Houston's songs just 30 minutes after her death reports Guardian. The retail price was raised from about $8 (£4.99) to about $13 (£7.99), which automatically raised the price of digital sales on platforms such as iTunes.
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Euro Rising on German Economic Data
The euro rose to a session high and shares reversed early losses after key German data bolstered hopes that Europe's largest economy was recovering and a strong Italian bond sale added to signs that financing pressures were being contained.
Eurozone Output Falls, GDP Set to Contract
Output at factories in the euro zone tumbled in December, reflecting a sick European economy that probably shrank at the end of 2011 but it is hoped will recover this year.
U.S. Stocks Day Ahead: Retail Sales in Focus, Rating Cuts Dent Confidence
Futures on major U.S. stock indices pared earlier losses and point to a slightly higher opening Tuesday ahead of of economic data including retail sales.
Empire State Building Owners File $1 Billion IPO, Plan for REIT
Empire State Realty Trust Inc, the company that controls Manhattan's Empire State Building, plans to raise as much as $1 billion by means of an initial public offering.
Apple 4G iPad to be Announced in March
Apple Inc plans to announce a fourth-generation version of its iPad (4G iPad) in the first week of March, a Wall Street Journal report said, citing a person briefed on the matter.
Valentine's Day Gift Buying Could Leave U.S. Retailers Jilted
While Valentine's Day has always been sure to disappoint lonely hearts, this year's festivities also may dishearten the retailers used to sweetheart sales during the period, various economic indicators suggest.
Apple Stock Price Hits $500 Per Share for First Time
Apple's stock price hit $500 per share for the first time on Monday, peaking at $503.83 in yet another sign that the company's fortunes continue to rise.
iPad 3 March Launch Imminent: iPad 2 Price Slashed to $429
Media rumors on the impending iPad 3 launch could turn out to be true as retail shops are also moving fast to clear their stocks of iPad 2. The first week of March is considered as the most likely period for the launch of Apple's next generation iPad, dubbed iPad 3 and a Michigan-based supermarket chain has already slashed the price of iPad 2 to clear its shelves for the new tablet.
Top Pinterest Users: Celebrities, Brands, and other Pinners You Must Follow
Pinterest--the new social network based off of photo-sharing--recently became one of the top five social networks on the Internet. As it continues to close in on the type of traffic that brands such as Twitter and Facebook have, Pinterest is becoming popular among celebrities and large companies. With that in mind, we've created a list of the most important celebrities, brands and other pinners on Pinterest that you must follow:
Empire State Building Owner Files for IPO
The Malkin family, owner of the Empire State Building and other properties in New York and Connecticut, has filed for an initial public offering that will allow the public to own a piece of the storied Art Deco landmark.
Empire State Building Owner Files for $1 Billion IPO
Empire State Realty Trust, owners of the iconic Empire State Building, filed to sell up to $1 billion of its Class A common stock, giving ordinary investors a chance to own a piece of the building that has been fought over by billionaires.
New York Fashion Week: Falguni and Shane Peacock Embodies Dark, Edgy Glamour for Fall 2012 [PHOTOS]
As the first traces of snow began to fall on day four of Mercedes-Benz Fashion Week in New York, Falguni and Shane Peacock heated things up in the studio with their Fall 2012 collection that embodies dark, edgy glamour. View the slideshow to see photos of the Falguni and Shane Fall 2012 runway show at Mercedes-Benz Fashion Week in New York.
Retail Sales Rose in January: U.S. Economy Preview
Sales at U.S. retailers probably climbed in January as Americans bought more new cars and shoppers took advantage of post-holiday promotions, a sign that the U.S. economy is recovering, economists said before a report this week.
U.S. Stocks Week Ahead: Data to Provide More Signs of Economic Improvement
U.S. stock markets may begin the week with gains as stocks in Asia and Europe advanced after Greek parliament approved austerity measures demanded by Eurozone leaders to secure a bailout package and avoid a messy debt default.
Microsoft India Retail Website Hacked by Evil Shadow Team
Microsoft India's retail website was down on Monday after an apparent hack, with a purportedly Chinese group called Evil Shadow Team posting doctored screenshots that seemed to be of partially obscured customers' usernames and passwords.
Bulls Won't Be Tamed by Weak Profits
Despite a mediocre earnings season and signs of an overbought market, Wall Street bulls are likely to remain in control this week.
The Port Authority and the World Trade Center
An audit released this week called the Port Authority of New York and New Jersey a challenged and dysfunctional organization, citing the ballooning costs at New York's World Trade Center. But, for all the turmoil at the site, the Port Authority has taken steps to return it to both the private and public city.
SOPA Protest 2012: A Case For File Sharing, Legal or Illegal
I get to the bottom of what file sharing means for the actual market of intellectual property.
Valentine's Day Deals 2012: Online Gifts for Him and Her
Valentine's Day is round the corner and many retailers have announced discounts for shoppers who want to buy something special for their loved ones. Looking for Valentine's Day gifts for him? Or for her? Here's a quick look at some of the best online Valentine's Day deals you will find at some of the biggest and most popular retailers around.
Wall Street Week Ahead: Weak Earnings Reports May Not Tame Strong Market Bulls
Despite a mediocre earnings season and signs of an overbought market, Wall Street bulls are likely to remain in control next week. There are a number of catalysts that have helped the market this year, including a slew of improved economic data and the Federal Reserve's vow to keep interest rates low.
Kindle Fire: Amazon to Launch New Bigger Model with 9-Inch Display
Rumors are rife that Apple is all set to launch its next generation iPad, but the Android lovers should not lose heart as Amazon is also anticipated to release two versions of its flagship Kindle Fire, one of which will be bigger than the existing Fire, AllThingsD has reported.
To Zip from IP, Amazon Morphs into Brick-and-Mortar - Report
The constant rumor mill churning around online megalith Amazon.com (AMZN) has offered up a new hatchling, in brick and mortar form. The world's largest online retailer will open a physical store in Seattle, according to Good E-Reader, making it the first major online retailer to jump from an Internet Protocol address to actual zip code.
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