U.S. homebuilder confidence rose in August to the highest level since February 2007 as more buyers entered the market, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
War with Iran would probably turn into a month-long conflict on various fronts with missile strikes on Israeli cities and some 500 dead, Israel's civil defense minister said in an interview published on Wednesday.
Bill Gates, the man responsible for bringing software to the masses with Microsoft and Windows, has plans to reinvent another industry: Sanitation. Gates, whose philanthropic efforts have helped bring clean water and resources to developing countries via the foundation founded by he and his wife Melinda, said on Wednesday that he plans to build a toilet that's better suited to developing countries in an effort to cut down on disease and death in those regions.
U.S. industrial output expanded last month at the fastest pace since April and manufacturing notched another solid advance, hinting at underlying resilience in an economy that has struggled to establish momentum.
Wal-Mart Stores Inc [WMT], Target Corp. [TGT], 7-Eleven Inc., and Sunoco Inc. [SUN] are poised to announce their rival to the Google Wallet payment system, which launched on Android powered phones last year, the Wall Street Journal revealed. When it does launch, MCX will join the multi-billion dollar race to develop mobile phone payment systems, which propose to do away with cash and card transactions.
The Carlyle Group (Nasdaq: CG), a global asset manager, and Getty Images management said Wednesday they formed a partnership to acquire privately held Getty Images Inc. from Hellman & Friedman for $3.3 billion.
The South Korean car manufacturer Kia has become an unexpected success with its Forte Koup and Optima cars on the Grand Am and Pirelli World Challenge racing circuits.
Wal-Mart Stores Inc (NYSE: WMT), the world's largest retail chain, is expected to report higher second-quarter profit as an increase in consumer spending lifted the company's revenue and offset the effect of a strong dollar.
Tony Conigliaro is my all-time favorite baseball player – not only for what he accomplished on the diamond, but for what he didn't.
According to a recently released report by Forrester Research, mobile banking is growing both in the United States and in Europe. By 2017, there will be 108 million mobile banking users in the U.S., accounting for about 46 percent of all bank account holders in the country.
News of the probable launch of iPhone 5 September 12 and the $2.5-billion quarterly dividend payout August 16 have made Apple (AAPL) stocks a top pick among retail investors and hedge funds.
The U.S. stock index futures point to a lower open Wednesday amid the fading expectations about an announcement of monetary easing measures by the Federal Reserve to support the economy.
While Apple is yet to speak anything related to its upcoming iPhone iteration, unofficially dubbed the "iPhone 5," numerous sources have indeed quenched the thirst of many enthusiastic minds to some extent by providing information about the device, ranging from its design and features to a possible release date. However, one thing still remains a mystery - the name, by which Apple's sixth generation iPhone will finally be called.
Most of the Asian markets fell Wednesday as investor confidence was weighed down by the lack of stimulus measures from policymakers to support the global economy and regain the growth momentum.
Former Gov. Tommy Thompson and businessman and political novice Eric Hovde were locked in a tight race for the Republican Senate nomination in Wisconsin primary Tuesday night.
Asian shares steadied Wednesday as strong U.S. retail sales and data showing Germany and France avoiding a contraction last quarter bolstered investors' risk appetite, with weak euro zone growth sustaining hopes for more stimulus.
Ecuador denied a report Tuesday that it had granted amnesty to WikiLeaks founder Julian Assange, and the foreign minister said only he and President Rafael Correa could make the decision.
The New York Times Co. (NYSE: NYT), publisher of the third-largest U.S. newspaper by circulation, named outgoing BBC director-general Mark Thompson its new CEO on Wednesday, bringing in a broadcast journalism veteran as the company expands its video content.
"I hope this movement can grow because it offers a good alternative and solution for providing stability in Afghanistan."
Julian Assange has been granted asylum in Ecuador by President Rafael Correa, the government announced Tuesday.
The US Treasury announced that they are unfreezing the assets of former Syrian Prime Minister Riyad Hijab as a direct result of his defection from Syria. Hijab has been an outspoken opponent of Bashar al-Assad's regime since his resignation and flight to Jordan at the beginning of August.
In anticipation of a hypothetical U.S. invasion, Venezuela is training a "guerrilla army" expected to have a million members by 2013, according to an opposition legislator.
