Hong Kong shares could edge lower at Monday's open, with turnover likely to stay low though U.S. Federal Reserve chairman Ben Bernanke's comments on Friday could boost cyclicals, limiting losses.
Wenwen Meng
Aug 29, 2011
Republicans in the House of Representatives want to create jobs by killing regulations on companies and passing tax breaks for small business and government contractors, Majority Leader Eric Cantor said on Monday.
IBT Staff Reporter
Aug 29, 2011
A list of the notable gaffes made by Republican presidential candidates during the presidential campaign.
IBT Staff Reporter
Aug 29, 2011
President Obama announced Monday that he has chosen Princeton University labor economist Alan Krueger to serve as the top economist in the White House.
IBT Staff Reporter
Aug 29, 2011
U.S. President Barack Obama said on Monday he has chosen Princeton University labor economist Alan Krueger to become the top White House economist.
IBT Staff Reporter
Aug 29, 2011
Recent strikes in Indonesia by gold miners, pilots and supermarket staff over pay signal that workers have started to push for a greater share of profits in a booming economy that has drawn foreign investors partly for its low labor costs.
Mike Obel
Aug 29, 2011
Concern over climate change has taken a back seat to economic concerns in developed nations, a recent poll indicates.
IBT Staff Reporter
Aug 28, 2011
The new head of the IMF on Saturday called on global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession.
keep for now
Aug 28, 2011
California's weak job market could spur lawmakers to help bring the National Football League back to Los Angeles, which has not had a franchise for more than a decade despite its standing as the second largest U.S. media market.
IBT Staff Reporter
Aug 26, 2011
Federal Reserve Chairman Ben Bernanke on Friday stopped short of detailing further action to boost the U.S. recovery but said the central bank would consider what more it could do to fight high unemployment, giving some comfort to investors.
IBT Staff Reporter
Aug 26, 2011
The struggling U.S. economy expanded even more slowly than previously thought in the second quarter of 2011, but a breakdown of the growth suggested a new recession could be avoided.
keep for now
Aug 26, 2011
Aiming to spark job growth in California, Governor Jerry Brown unveiled proposals for tax breaks for businesses, including tax relief for companies that buy new manufacturing equipment.
IBT Staff Reporter
Aug 26, 2011
Shares of major gold mining companies fell Friday in midday trading, after the head of the U.S. central bank used a closely-watched speech to indicate that the Federal Reserve had no immediate plans to stimulate the lagging economy with another round of bond buying.
Mike Obel
Aug 26, 2011
Stocks rose Friday after Fed Chairman Ben Bernanke used a closely-followed speech to express optimism about the U.S. economic recovery but offer no hint that the central bank would intervene, as it did after his last such talk.
Mike Obel
Aug 26, 2011
Fed Chairman Ben Bernanke's speech Friday at a closely watched meeting in Jackson Hole, Wyo.,
Mike Obel
Aug 26, 2011
The U.S. economy grew at a worse-than-expected 1.0 percent rate in the second quarter, the U.S. Commerce Department announced Friday, in its second estimate for the quarter, as lower export growth and a slowdown in inventory build-up braked the world's largest economy to near-stall speed.
Joseph Lazzaro
Aug 26, 2011
Republican presidential candidate Michele Bachmann's strategy for dealing with rival contender Rick Perry is: do more of the same and bank on a misstep by the Texas governor.
keep for now
Aug 26, 2011
Texas Governor and presidential candidate Rick Perry was endorsed Thursday by Kinky Friedman, who garnered media buzz when he ran as an independent against Perry in 2006.
IBT Staff Reporter
Aug 25, 2011
Fed Chairman Ben Bernanke's much-anticipated speech Friday will likely disappoint investors and policy makers hoping for signs the central bank will try to rev up the weak economy, but the speech is likely to relieve gold investors who have booked big profits from that same economic malaise.
Mike Obel
Aug 25, 2011
The Obama administration is considering plans to allow millions of homeowners with government-backed mortgages to refinance at current interest rates.
IBT Staff Reporter
Aug 25, 2011
U.S. initial jobless claims unexpectedly rose by 5,000 to 417,000 last week -- a total skewed higher by an irregular event, the Verizon strike. However, if claims remain above the 400,000 level in the weeks ahead, that would be another sign that the U.S. economic recovery continues to slow -- exactly what policy makers do not want.
Joseph Lazzaro
Aug 25, 2011
A new study has revealed a stronger evidence for the climate-conflict link, with data showing that tropical countries affected by the El Niño-Southern Oscillation are twice as likely to suffer internal unrest compared to the phenomenon's cooler, wetter counterpart, La Niña.
IBT Staff Reporter
Aug 25, 2011