Inflation is coming to America because the Federal Reserve keeps printing money and has left interest rates at 0.25 percent since December 2008.
Persistently high unemployment and a weak economic recovery could persuade U.S. policymakers to slap protectionist duties on imports from China and around the world, an economist said on Tuesday.
The Federal Reserve kicked off a two-day meeting on Tuesday that will probably show that it is in no hurry to scale back its massive support for the economic recovery.
Wal-Mart Stores Inc is making progress bringing items and shoppers back to its U.S. stores, and turning around U.S. sales remains its top priority, President and Chief Executive Mike Duke said on Tuesday.
China's massive Internet market should not be singled out and treated differently from other Internet markets in the world, a Google China executive said on Tuesday.
Coach Inc reported a higher-than-expected quarterly profit as sales at its North American stores soared, but the upscale handbag maker warned that the disasters in Japan would dent results.
Industrial and consumer goods conglomerate 3M Co reported higher-than-expected quarterly profit on Tuesday, helped by sales to emerging markets, and raised its full-year profit forecast.
RBC Capital Markets said Deckers Outdoor Corp.'s (NASDAQ: DECK) late start to spring may provide a lift to first quarter. The company is scheduled to report its first quarter earnings on April 28.
Italy and France have called on the international community to cease shipping oil products to the regime of Libyan leader Moammar Gaddafi and also asked market operators not to purchase Libyan crude oil.
China's top economic planning agency on Tuesday published a detailed list of industries that it would encourage, restrict or ban, a blueprint that could have a far-reaching impact on investment activity in China over the coming years.
China's economic planning agency on Tuesday published a detailed list of industries that it would encourage, restrict or ban, a blueprint that could have a far-reaching impact on investment activity China over the coming years.
China has increased capital requirements for its five biggest banks above the minimum 11.5 percent mark to guard against risks in the banking sector, Bloomberg reported on Tuesday.
Barrick Gold Corp
has not ruled out raising its C$7.3 billion ($7.68 billion) bid for Equinox Minerals , saying it will take a wait and see approach if China's Minmetals Resources <1208.HK> fights back with a higher offer.
Canada's Barrick Gold Corp
will wait and see if an offer to trump its C$7.3 billion ($7.68 billion) bid for Equinox Minerals emerges, Barrick's chief executive said on Tuesday.
General Motors Co killed its minivan in the U.S. market thanks to its soccer-mom stigma, but the automaker has carved out a high-priced niche for the vehicle as a chauffeur-driven executive ride in China.
The IMF recently projected that China's economy will overtake the US economy by 2016. This projection, however, can't be trusted at all.
The Ford Motor Co will idle plants in Taiwan, China and South Africa beginning this week due to the shortage of parts from Japan after the March 11 earthquake and tsunami, the company said on Monday.
Barrick Gold Corp
has agreed to buy Equinox Minerals for about C$7.3 billion ($7.68 billion), topping a bid from China's Minmetals Resources <1208.HK> in a big bet on soaring copper demand.
Barrick Gold Corp
has agreed to buy Equinox Minerals for about C$7.3 billion ($7.68 billion), topping a bid from China's Minmetals Resources <1208.HK> in a big bet on soaring copper demand.
Donald Trump has made yet another high-profile enemy over his accusations that President Barack Obama may not have been born in the U.S.
Barrick Gold Corp said on Monday it had struck a deal to buy Australian copper miner Equinox Minerals for more than C$7 billion ($7.36 billion), topping a takeover offer by China's Minmetals Resources by 16 percent.
Barrick Gold Corp
has agreed to buy Equinox Minerals for about C$7.3 billion ($7.68 billion), topping a bid from China's Minmetals Resources <1208.HK> in a big bet on soaring copper demand.