Caterpillar Inc., the world's largest maker of construction and mining equipment, is expected to beat Wall Street's consensus profit estimates in the fourth quarter due to a rebound in domestic markets and consumers' need to replace their dated fleet.
President Obama delivered his 2012 State of the Union Address on Tuesday night, making a bid for 2012 reelection. In a sweeping speech, the President touched upon issues like taxes, the economy, manufacturing and keeping the American dream alive. Though the current State of the Union is quite shaky, Obama highlighted the progress being made and attempted to solidify a sturdy campaign base.
Brent crude slipped below $110 on Wednesday as recession fears, partly rekindled by stalled Greek debt talks, weighed on the outlook for demand, while threats by Iran to respond to European sanctions by shutting a vital trade route supported prices.
The Year of the Dragon holds special importance for the Chinese as it is considered to be the luckiest of Chinese years which brings happiness and success.
Japan first annual trade deficit in more than 30 years calls into question how much longer the country can rely on exports to help finance a huge public debt without having to turn to fickle foreign investors.
Chinese New Year began Jan 23, and it seems the Year of the Dragon appears to bring good luck to some Australian miners.
Asian shares rose on Wednesday, underpinned by strong earnings from U.S. technology giant Apple, stabilizing European money markets and falling eurozone debt yields, with investors shifting their focus from Europe to the U.S. Federal Reserve.
Apple Inc's quarterly results blew past Wall Street's expectations after U.S. consumers snapped up near-unprecedented numbers of iPhones and iPads, sending its shares up 8 percent into record territory.
Those on more than $1m a year would pay at least 30% and their tax deductions would be eliminated under Obama's plan.
President Barack Obama Tuesday used his 2012 state of the union address to the American people and Congress to propose initiatives to create jobs, help companies increase their U.S.-based operations, and help Americans learn the skills they need to succeed in the modern/postmodern global economy.
President Obama's State of the Union Speech 2012, An America Built to Last, as prepared for delivery on Jan. 24.
Apple Inc's quarterly results blew past Wall Street's expectations as U.S. consumers snapped up near-record numbers of iPhones and iPads, sending its shares up 8 percent.
Yahoo, now under new management, reported mediocre fourth-quarter results Tuesday, with flat earnings of $24 cents a share, with about a 13 percent revenue dip to $1.32 billion.
The White House released the State of the Union 2012 official special guest list Tuesday afternoon, and the people who have been invited represent different visions of the American Dream.
Europe's debt crisis could tip the world economy into recession and a bigger firewall is urgently needed to keep the damage from spreading, the International Monetary Fund said on Tuesday.
McDonald's Corp's strong December sales and fourth-quarter earnings failed to allay fears that exchange rates and increased spending will weaken profits in 2012.
Capitol Couture, Lionsgate's viral marketing site for the Hunger Games movie, is now live on Tumblr. The site features a fashion blog as well as several new stills and sneak peeks from the upcoming film (check them out here). But for fashion lovers and Hunger Games fans, the best is still to come: Capitol Couture is launching a fashion competition among viewers to become a District Stylist. Click through our slideshow for some of the first glimpses of the C...
Global miner Rio Tinto has raised its stake in Canada's Ivanhoe Mines, owner of Mongolia's massive Oyu Tolgoi copper-gold project, to a majority holding but said on Tuesday it had no current plans to buy more shares.
The euro zone debt crisis is escalating and dragging down the world economy, the International Monetary Fund said on Tuesday, as it sharply cut its outlook for global growth and called for policies to restore confidence.
The euro zone debt crisis is escalating and could derail the global economic recovery, the International Monetary Fund warned on Tuesday as it called for urgent action to restore confidence.
About one in five workers around the globe, particularly employees in the Middle East, Latin America and Asia, telecommute frequently and nearly 10 percent work from home every day, according to a new Ipsos/Reuters poll.
ConocoPhillips, the third largest energy company in the U.S., is expected to post higher fourth-quarter earnings as soaring crude oil prices offset big losses anticipated in the company's refining operations.
