U.S. consumer spending rose more than expected in December to post the sixth straight month of gains as households drew down on their savings to fund purchases, government data showed on Monday.
Palash Ghosh
Jan 31, 2011
Governments, airlines and tour operators worked together on Monday to fly their nationals out of Egypt where protesters pressed their campaign to topple President Hosni Mubarak.
Jack Kim
Jan 31, 2011
The White House will announce an effort on Monday to encourage job-creating start-up businesses in hopes of reducing the country's stubbornly high unemployment rate.
Samantha Nolan
Jan 31, 2011
Gold eased on Monday after posting its largest daily gain in eight weeks on Friday and while the market did encounter some safe-haven buying on the back of the unrest in Egypt, this was expected to be temporary.
IBT Staff Reporter
Jan 31, 2011
Moody's has downgraded Egypt's government bond ratings to Ba2 from Ba1 and has cut the outlook to negative from stable.
Manikandan Raman
Jan 31, 2011
German retail sales fell unexpectedly in December 2010, posting a decline for a second consecutive month, the Federal Statistics Office said on Monday.
Shankar besta
Jan 31, 2011
The ruling elite of Syria are likely monitoring the cataclysmic events in Egypt with both astonishment and fear
Palash Ghosh
Jan 30, 2011
Wikileaks, by releasing damning cables from the U.S. ambassador to Tunisia, impacted the country's decision to revolt.
Hao Li
Jan 29, 2011
Thousands of angry Egyptians defied a curfew on Saturday for the second day in a row and stayed on the streets to push their demand that President Hosni Mubarak resign.
IBT Staff Reporter
Jan 29, 2011
The video footage of Egyptian anti-government demonstrations included scenes of protesters (almost entirely young men) looting buildings and carrying off pieces of furniture and whatever other items they are able to seize with their bare hands.
Palash Ghosh
Jan 29, 2011
Vulnerable economy and parental unemployment affecting students' emotional health, finds CIRP Survey
IBT Staff Reporter
Jan 28, 2011
Poverty and unemployment reared their heads at the World Economic Forum on Thursday, with speakers urging the elite audience to bridge a growing gap between booming multinationals and the jobless poor.
Samantha Nolan
Jan 28, 2011
Thousands of Yemenis took to the streets of Sanaa Thursday to demand a change of government, inspired by the unrest that has ousted Tunisia's leader and spread to Egypt this week.
Jack Kim
Jan 27, 2011
Egyptian police fought protesters in two cities in eastern Egypt on Thursday and Nobel Peace Prize winner Mohamed ElBaradei headed back to the country to join demonstrators trying to oust President Hosni Mubarak.
Jack Kim
Jan 27, 2011
Weeks of unrest in Tunisia will hit economic growth, frighten away tourists and discourage foreign direct investment which could fall by up to a third this year, Fitch Ratings said on Thursday.
IBT Staff Reporter
Jan 27, 2011
Libya has set up a $24-billion fund for investment and local development that will focus on providing housing for its rapidly growing population, the online Oea newspaper reported on Thursday.
IBT Staff Reporter
Jan 27, 2011
Egyptian police fought protesters in two cities in eastern Egypt on Thursday and Nobel Peace Prize winner Mohamed ElBaradei headed back to the country to join demonstrators trying to oust President Hosni Mubarak.
IBT Staff Reporter
Jan 27, 2011
DR Horton Inc (DHI.N), the top U.S. homebuilder, reported a larger-than-expected quarterly loss, citing an increase in home foreclosures, and lingering anxiety among homebuyers that contributed to a sharp drop
Samantha Nolan
Jan 27, 2011
Applications for jobless benefits in the U.S. rose unexpectedly for the week ended Jan. 22, following a sharp decline in the previous week.
Shankar besta
Jan 27, 2011
New U.S. claims for unemployment benefits rose more than expected last week as harsh weather conditions in some parts of the country kept workers at home and caused a backlog in the processing
Samantha Nolan
Jan 27, 2011
The Federal Reserve showed on Wednesday it was in no rush to cut short its rescue of the U.S. economy, saying high unemployment still justified its $600 billion bond-buying plan even though the economy has
Samantha Nolan
Jan 27, 2011
The companies that reported earnings before the markets open on Thursday are: AT&T, Procter & Gamble, Caterpillar, Altria, Bristol-Myers Squibb, Eli Lilly, Motorola Solutions, Colgate-Palmolive, Celgene and Lockheed Martin.
IBT Staff Reporter
Jan 27, 2011