Wal-Mart's big box retailing strategy has peaked as consumer shopping habits are changing.
Wal-Mart posted higher profits, but the company is dealing with a protracted slump in U.S. same-store sales, as shopping habits shift.
President Barack Obama declared Monday night he has a jobs plan. He said he'll send it to Congress in September.
Starbucks' (SBUX) Chief Executive Officer Howard Schultz has a solution for the nation's partisan political divide that's prevented (so far) a substantive, long-term plan to cut the budget deficit: boycott donating to political campaigns.
For about a year, the city of Philadelphia, Penn. has been plagued by random, violent flash mobs, with gangs of youth suddenly overrunning busy streets. With Mayor Nutter's new curfew plan, now in place, will the trend finally cease?
For weeks during the rancorous debate over the debt ceiling limit, Americans were treated to the widely televised spectacle of their lawmakers drubbing each other in a bruising partisan jousting match.
President Barack Obama blasted Republicans over taxes on Monday as he launched a bus tour of the U.S. Midwest to tout his job-growth strategy and distance himself from anger toward Washington that could dent his 2012 re-election hopes.
Some would have you believe the U.S. Congress can't do much to create jobs: not true. If Congress says "build us an aircraft carrier," a short time later, an aircraft carrier will appear. Likewise for roads, bridges, schools, hospitals, and the electric grid -- all of which in the U.S. need work and would create jobs.
South Africa is in the midst of a massive waves of strikes by tens of thousands of workers across many industries which threaten to paralyze the national economy.
More than 200,000 South African municipal workers walked off the job on Monday, a trade union said, in a strike which intensifies labour strife that has rocked Africa's biggest economy.
Republican presidential candidate front-runner Mitt Romney said Monday he likes Texas Governor Rick Perry. But Romney said he's the best at creating jobs.
With his approval rating at an all time low, U.S. President Barack Obama launched a Midwest bus tour to improve country moral and reconnect with voters.
Critics have chided President Barack Obama for his economic reforms, which they view as too big, or too liberal. The reality is however, that if Obama's reforms don't stand, and the economic/social problems are not addressed, an even more-liberal public official will likely emerge to propose and enact bigger changes.
The economic mess that America faces isn?t because of "extraordinary" tax breaks for high-net-worth Americans; it's the result of decades of social welfare programs that have created a permanent, self-perpetuating welfare state.
As a U.S. economic rebound stalls and threatens to spiral into a new recession, oil demand in the world's top consumer may be slipping into an irreversible decline.
President Barack Obama has no reprieve from his summer blues. His approval ratings have taken a hit as Americans are deeply concerned about their future amid sluggish economic growth and unemployment rate that remains above 9 percent.
Millions of people in Britain lived lives of appalling, often unspeakable poverty and degradation.
Did last week?s wild stock market swings make you concerned that your 401K will soon turn into a ?201K? ? Then it sounds like it?s a good time to get an assessment of the U.S. economy from two respected economists, Paul Krugman and Irwin Kellner.
The corporation seeks to dramatically reduce health care benefits for its wire line employees ? the workers are demanding they be retained.
Minnesota Representative Michele Bachmann won the Ames, Iowa straw poll on Saturday, a test of strength among the Republican presidential candidates five months before the state's caucuses kick start the GOP presidential nominating season.
Economist Nouriel "Dr. Doom" Roubini, the NYU professor who four years ago accurately predicted the global financial crisis, says tough medicine is needed to end it: another round of massive fiscal stimulus or a universal debt restructuring. If neither occurs, a systemic flaw will, at minimum, continue to hinder economic recovery.
Rick Perry is officially a candidate for President of the United States. Here's five reasons the Texas Governor can beat Barack Obama.
