The chief executive of New York-based Citigroup Inc. (NYSE:C) had a surprisingly confident outlook for his bank's future business prospects during a conference call with analysts Monday.
Up until now, Obama has generally enjoyed broad popularity in India – a country he has long been linked to, both personally and professionally.
U.S. retail sales unexpectedly declined for a third straight month in June, the latest sign that weak job growth and stagnant wages have taken a toll on the biggest part of the economy.
President Obama's weekend statement on India , raising concerns over the invest climate in the country, has evoked sharp criticisms making it further hard for the Indian Prime Minister to go ahead with reforms.
U.S. stock index futures point to lower opening Monday as investor sentiment was dragged down by worries of global economic growth continuing to falter.
Asian markets breathed a sigh of relief Friday as the Chinese GDP figures improved, contrary to what some had feared, and eased concerns of a sharper slowdown in the world's second largest economy. The second quarter economic data showed a sequential acceleration and pointed to a pick-up in growth in the second half of the year.
The next generation iPhone will be released in the fall, according to a Japanese blog that correctly predicted the iPhone 4S's release late in 2011.
At a time when the fight between Apple and Samsung over the sales ban on Galaxy Nexus and Galaxy Tab 10.1 in the U.S. is creating much buzz around the tech world, FOSS Patents has stumbled upon some documents, which reveal just how aggressively forthright the iPhone-maker has been even with retailers selling the objectionable devices in the country.
Emails and phone communications released by the Federal Reserve on Friday show that an economist with the central bank who was told as August 2007 that one of the world's most important interest rates was being manipulated did not understand that rate.
China's slowing economy could drag down some of its Asian neighbors, but other countries would be less affected, according to a report released Friday by Capital Economics.
China's report Friday that its economic activity grew in the second quarter much as expected reinforced expectations that the growth rate in the world's second-biggest economy will increase later this year.
Reported incidents of discrimination by Apple Store employees against people of Iranian descent are increasing, raising the likelihood that what appeared to be a few cases of prejudice may turn into a legal and diplomatic scandal. Further, the company's virtual non-response to the reports exposes it to being played by Tehran, which has already become involved.
As news about Amazon testing its smartphone trickles down, the industry is agog with excitement of finding a smartphone that can usher in the goodies without much fuss.
Although rumors and speculations surrounding Apple's sixth generation iPhone, presumably called the iPhone 5, are at their peak, the highly anticipated smartphone is not likely to hit stores before the fall. But opportunistic traders on China's largest e-commerce platform, Taobao, seem to topple the Cupertino tech giant as they have started accepting iPhone 5 pre-orders, complete with fake pictures and purported technical specifications.
Internet superstore Amazon has something huge in the works. After a long history of fighting against collecting sales tax, the company seems to have a new strategy to stay on top: same-day delivery.
Your corn flakes are going to be more expensive in six to 12 months' time. As will your ketchup, carbonated drinks, sweets, hamburgers, chicken and many other things in the corn-heavy American diet.
The European fiscal crisis is dragging down business travel growth in the United States, according to a new report from the Alexandria, Va.-based Global Business Travel Association.
Google recently unveiled its Nexus 7 tablet at its I/O developers conference at the end of June, and critics, analysts, and tech enthusiasts have wondered how it will stack up to the competition. Now professionals have torn the new device apart to see just what makes the Nexus 7 stand out from its rivals.
Although Apple hasn?t officially unveiled its next-generation smartphone, online retailers in China have already started rolling in preorders for the iPhone 5. A Chinese e-commerce website has begun offering pre-release sale for what could be the biggest consumer electronics launch in history.
As action heats up in the tablet market with news of Apple gearing up to launch iPad mini in response to competition, it appears that Google's Nexus may well take home some neat profits as there is a good difference between cost of manufacture and sale.
Crude oil prices lowered slightly and hovered above $85 a barrel in Asian trade Thursday, as investors opted for caution ahead of the Chinese GDP data.
Justin Bieber's 911 call was released, revealing an attempt to report paparazzi following the Biebs on a Los Angeles freeway on Friday night. The tape reveals a distraught teen, upset that he was being chased around by photogs and also complaining that police officers were like, not being nice.