The tax code may be headed for some major renovation, and Senator Ron Wyden, a rangy Oregon Democrat, has come up with one of Congress' most complete blueprints.
Facebook’s growth is so strong that revenue this year may tap $4.3 billion, double prior estimates, market researcher eMarketer reports.
Full Tilk Poker, an online poker company that illegally paid its board members over $440 million from its player accounts, was a global Ponzi scheme, said federal prosecutors Tuesday.
Netflix Inc and Discovery Communications Inc have reached an agreement to bring episodes of popular TV adventure shows including Man vs. Wild and River Monsters to the streaming service, according to people close to the deal.
Top Congressional Republicans on Tuesday took the unusual step of telling the Federal Reserve to refrain from further intervention in the economy on the eve of the central bank's policy decision.
The world's giant emerging economies have no magic wand to resolve the euro zone's debt problems, but a contribution to its stabilization could still prove powerful, help avert market panic and reap significant non-financial rewards.
Stock index futures fell on Wednesday as investors waited to see if the Federal Reserve launches a fresh effort to boost the sluggish economy.
It used to be the third rail of politics: untouchable. A politician could hardly suggest reforming Social Security without triggering a tremendous popular backlash. But now, the idea of eliminating Social Security altogether has entered mainstream discourse.
Gold and silver prices slipped modestly and the U.S. dollar edged higher Wednesday as the financial world awaited results of a two-day meeting by leaders of the U.S. central bank that was expected to result in fresh efforts to stimulate business.
Stock index futures were little changed on Wednesday as investors waited to see if the Federal Reserve launches a fresh effort to boost the sluggish economy.
Gold held steady above $1,800 an ounce on Wednesday ahead of the outcome of a Federal Reserve policy meeting at which the U.S. central bank is expected to unveil its next steps to revive the world's largest economy.
All that glitters is not just gold, with prices for silver also expected to strongly rise within the year due to a worsening economic landscape.
Sales of Research in Motion's BlackBerry smartphone are plunging in the U.S. In a company filing, RIM notes that the company has a 50 percent year-over-year decline in U.S. revenue, largely because consumers are moving away from the BlackBerry to Apple's iPhone and Android-based smartphones.
Gold jumped to its biggest gain in eight sessions on Tuesday, snapping back from steep day-ago losses as the anticipation of further U.S. stimulus mingled with new fears over global growth.
A recent footage from remote-controlled submersibles reveals rare deep-sea male squid of Pacific Ocean are bisexual and prefer to mate in the dark.
A new study by the researchers of the Stanford University states that premature babies when grow up to be young adults, could face slightly increased death rates.
After waiting for days to get one signature needed for the release of two U.S. hikers in Iran, lawyer Masoud Shafiei said he has finally succeeded in his mission on Wednesday.
Iran is expected to free two American men convicted of espionage on bail Wednesday and turn them over to the Swiss Embassy in Tehran, their lawyer told Reuters.
Apple iPhone 5 is grabbing attention from all corners as new rumors are emerging each day over its release date and specifications.
HTC has unveiled its Android-powered smartphone called the Rhyme.
A defunct NASA satellite the size of a bus is set to plunge through the Earth's atmosphere sometime this weekend, with officials still uncertain exactly where it is going to land.
Cellphones may bring relief to famine victims in parts of Somalia controlled by al Shabaab insurgents as donors seek new ways to circumvent the hard-line militants, a senior U.S. official said on Tuesday.