Low fixed operating costs and rising silver prices lifted the second-quarter results of Canada's Silver Wheaton. CEO Randy Smallwood suggests that within three or four years, depending on confidence or the lack thereof in the U.S. dollar, silver could reach $100 per ounce.
Gold vaulted to record highs above $1,700 an ounce on Monday, surging nearly 3 percent as European Central Bank's buying of Italian and Spanish bonds failed to ease debt fears after Standard & Poor's cut the top-notch AAA credit rating of the United States.
A first-ever debt downgrade of U.S. government bonds plus worries over contagion in Europe drive investors to the safety of gold.
U.S. endurance athlete Diana Nyad, 61, defies age in attempt to swim across Florida Straits.
Big, brash and confident as ever, Simon Cowell said on Friday that his upcoming "The X Factor" would thrash the competition on U.S. television and topple "American Idol" as the nation's most-watched show.
Big, brash and confident as ever, Simon Cowell said on Friday that his upcoming "The X Factor" would thrash the competition on U.S. television and topple "American Idol" as the nation's most-watched show.
Gold held firm after upbeat U.S. labor market data soothed immediate fears of a recession, but longer-term uncertainty about economic growth and concerns about the euro zone debt crisis supported demand for the precious metal.
When Charles Berry started his career as a bonds trader in 1993, he used to draw "point and figure" charts on pieces of paper. He checked his old charts recently to remind himself how calm markets were in those days. Back then, it took three months for a price to move 200 ticks -- the measure traders use to show changes in futures or currency markets. Now the market moves 400 ticks in a week.
Indian actress Freida Pinto got her big break when director Danny Boyle cast the ex-model as the love interest in the 2008 Oscar-winning hit "Slumdog Millionaire." Now, she's hitting silver screens in her first big-budget, effects-driven Hollywood movie.
China has kicked four-times Olympic gold medalist Wang Meng out of the national short track speed skating team and disqualified her from competitions for her part in a brawl with her team manager last month.
Indian actress Freida Pinto got her big break when director Danny Boyle cast the ex-model as the love interest in the 2008 Oscar-winning hit "Slumdog Millionaire." Now, she's hitting silver screens in her first big-budget, effects-driven Hollywood movie.
Gold edged up more than half a percent on Friday as investors used bullion to shelter from the storm engulfing financial markets on concerns that the United States may be facing another recession and Europe's debt crisis is spreading to some of its largest economies.
The most faithful dog in the world, which kept a 14-year vigil at his master's grave in Edinburgh, Scotland, was nothing but a Victorian business stunt, according to historian Jan Bondeson.
The financial problems in Rome in the early part of the third century AD stemmed from a military that was getting too large and expensive (one of the pitfalls of carving a huge empire that became too unwieldy.
If you'd like to own a high-value memento of Hollywood royalty, you'll have an opportunity: the Connecticut shoreline home of legendary actress Katharine Hepburn is up for sale.
On a taxi ride to his farmhouse the day before he killed 77 people, Anders Behring Breivik talked easily of a future he must have known would never come.
Despite mining minister Susan Shabangu's reluctance to say it, South Africa is not going to nationalise its mines.
HTC Droid Incredible 2, Motorola Triumph, Samsung Galaxy S Plus comparison
On a taxi ride to his farmhouse the day before he killed 77 people, Anders Behring Breivik talked easily of a future he must have known would never come.
The top pre-market NASDAQ Stock Market gainers are: Foster Wheeler AG, SIRIUS XM Radio, Cognizant Technology Solutions, Sohu.com, and Pan American Silver. The top pre-market NASDAQ Stock Market losers are: Ctrip.com International, Allot Communications, Nova Measuring Instruments, Kulicke & Soffa Industries, and Ryanair Holdings.
Sun Yang's victory in the men's 1500 metres freestyle at the world swimming championships on Sunday may indicate a re-awakening of the country's swimming programme.
China's Sun Yang provided a record-breaking finale to the world swimming championships on Sunday, while Ryan Lochte and Michael Phelps set up the potential of a mouth-watering showdown at next year's London Olympics.
