Record-high exports in September drove the U.S. trade deficit down to its smallest gap since December, extending a decline for the third straight month and down from a peak of $51.6 billion in June. Meanwhile, imports from China dropped slightly.
Democrats have brought a $2.3 trillion offer to the table, in the ongoing back and forth over how to the budget deficit super committee should lop $1.2 trillion off the federal deficit over the next decade. Republicans immediately rejected the proposal.
Gold has confounded market watchers by refusing to behave like a safe-haven and instead has tracked equities over the past few weeks, but the escalating European debt crisis could see bullion ditch its risk-asset mantle and return to record highs.
Investors stuck with gold exchange-traded products (ETPs) in October, but most other commodities ETPs saw outflows as investors remained cautious about the outlook for economic growth.
The report suggests that African people are increasingly shifting to mobile communications because landline service is unreliable and too expensive.
T-Mobile reported Thursday a 2.8 percent net income boost to $332 million in the third quarter compared to the year-earlier period.
New U.S. claims for jobless benefits fell last week to their lowest level since early April and the trade deficit unexpectedly shrank in September, pointing to a slight improvement in the sluggish economy.
New U.S. claims for unemployment benefits fell last week to their lowest since early April and the trade deficit unexpectedly shrank in September, pointing to a slight improvement in the economy.
Stocks steadied on Thursday as the European Central Bank's purchase of Italian bonds helped calm markets queasy over the euro zone debt crisis.
U.S. foreclosure filings increased by 7 percent in October to a seven-month high, according to data from RealtyTrac.
Former technology journalist Jon Briggs, who fell into doing voicework, discovered six years after the fact that he is in fact the voice of Daniel, the male UK version of Siri.
New U.S. claims for unemployment benefits fell last week to their lowest since early April and the trade deficit unexpectedly shrank in September, pointing to a slight improvement in the economy.
The red poppy flower is a symbol of the remembrance of the dead from the Great War.
Airbus parent EADS pushed back its A350 carbon-fiber jetliner by six months with a 200 million euro ($272 million) charge as it seeks to avoid errors like those that nearly derailed Europe's A380 superjumbo.
Stocks rebounded on Thursday, a day after the S&P 500 suffered its worst day since mid-August as Italian bond yields eased.
In Nuevo Laredo, Mexico, a local blogger was allegedly tortured and then murdered in retaliation for posting comments about local drug cartels. The decapitated body of El Rascatripas, as he was known online, was found lying on the street near a statue of Christopher Columbus, about one mile from the Texas border.
Following news that head football coach Joe Paterno was fired in the wake of a sex-abuse scandal at the school, more than 1,000 Penn State University students took to the streets on Wednesday to protest the decision, flipping a media van in the process, leaving authorities no choice but to bring in heavy equipment to right the vehicle.
Papademos’ resume is nothing short of sterling and diverse, with a heavy presence in the United States.
At the CNBC Republican presidential candidates' debate on Wednesday, Rick Perry could only remember two of the three federal agencies he would eliminate as president. It was a potentially game-changing gaffe, but it is missing from the official CNBC transcript of the debate.
Is the U.S. job market on the mend? Initial jobless claims for unemployment benefits in the U.S. dropped for the second week in a row, to 390,000 -- their lowest level in seven months, according to the U.S. Labor Department.
Shares of Cisco Systems, the world’s biggest supplier of Internet equipment, soared nearly seven percent Thursday after the company reported first-quarter results that slightly beat expectations.
They have always been in vogue, but twin actresses and clothing designers Mary Kate and Ashley Olsen are now truly in Vogue.