From Economy 04:29 pm
U.S. stocks bounced back Monday from Friday's biggest loss of the year as Greece's parliament passed the deeply unpopular austerity bill to secure international rescue funds. The strict financial reform includes a 22 percent cut to minimum wage and 150,000 public-sector job cuts. Rioters protesting the measures set fire to buildings in downtown Athens.
From Companies 03:26 pm
Apple made history Monday as shares of the world’s most valuable company exceeded $500 for the first time. They closed at a record $502.60.
From Politics & Policy 01:04 pm
Given that gold, U.S. bonds and the U.S. dollar remain safe havens during times of uncertainty, they cannot be ignored.
From Economy 03:36 pm
The nation's two largest banks, UniCredit and Intesa Sanpaolo, had their credit ratings downgraded to BBB+ from A by S&P. The country's third largest bank, Banca Monte dei Paschi di Siena, was downgraded to BBB from BBB+.
From Economy 08:17 am
Sales at U.S. retailers probably climbed in January as Americans bought more new cars and shoppers took advantage of post-holiday promotions, a sign that the U.S. economy is recovering, economists said before a report this week.
From Economy 08:56 am
The U.S. trade deficit widened in December to its highest level in six months as imports outpaced exports, government figures showed on Friday.
From Politics & Policy 12:46 pm
The International Energy Agency lowered its forecast for global oil demand for the sixth consecutive month because of the continuing weakness of the global economy, sending shares of crude oil down with it.
From Politics & Policy 01:43 pm
The head of the U.S. central bank, in his second public statement on housing policy in as many weeks, told an audience of residential builders Friday that creditors who own vacant homes should consider renting the properties as a way to stanch urban blight.
From Politics & Policy 11:19 am
Forty-nine states and five major banks reached a $26 billion mortgage settlement that will aid about two million homeowners, government officials announced Thursday.
From Politics & Policy
U.S. GDP is projected to grow at an annual rate of 2.2 percent this quarter, lower than a previous estimate, according to a survey by the Philadelphia Federal Reserve, released on Friday.
From
Attending international trade shows in 2012 can be a great way to market one’s products and services to an international audience, especially for U.S. and Western businesses.
From Politics & Policy
Many policy mistakes by Western governments come from a misunderstanding of globalization, said Stephen D. King, chief economist of HSBC
Mobile real time streaming financial data anywhere any time.
Gold Bullion for less than 1% above dealer cost.
Free Edition
TAKE A TOURStay connected with the IBTimes using your favorite social networks and online news applications:
We value your privacy. Your email address will not be shared.
