UNITED STATES

At Issue: 2012 U.S. Election

White House Rebukes Perry for Threatening Remarks About Fed

The White House denounced Republican presidential candidate Rick Perry on Tuesday for his threatening remarks about U.S. Federal Reserve Chairman Ben Bernanke that represented some of the most inflammatory rhetoric of the 2012 election campaign.
More news
IBTimes Logo

Google shows cash-rich firms may not need loan markets

by Michelle SierraNEW YORK, Aug 16 - Google Inc's $12.5 billion acquisition of Motorola Mobility Holdings Inc suggests that cash-rich companies may not need to access the syndicated loan markets to pay for multi-billion purchases, sources told Thomson Reuters LPC Tuesday.
One kilogram gold bars are seen in this picture illustration

Gold Sets Record High: Three Reasons Why

The price of gold notched a record Tuesday because three confidence-draining forces hit Wall Street simultaneously just as investors were dipping their toes back into the stock market.
Watch the talent

Top 5 Fund Managers

In the midst of the economic slowdown, half the assets managed by the world's largest fund managers are now pension fund assets.
IBTimes Logo

Why Today's Record High Gold Price Matters

The record high price set by gold Tuesday confirms, more dramatically than ever, that Wall Street's lack of confidence in paper assets extends even to companies that mine the world's most reliable store of value, gold.
IBTimes Logo

Fitch affirms U.S. AAA rating, disagrees with S&P

Fitch Ratings on Tuesday confirmed the United States' top-notch credit rating and, in blatant disagreement with rival Standard & Poor's, gave a vote of confidence to Washington's deficit-reduction efforts.
Photo illustration shows one-tael gold cubes at a jewellery store in Hong Kong

Wall Street Slides; Gold Sets Record

Gold set a record high Tuesday and U.S. stocks fell on fresh concerns over weakness in Europe's biggest economy, doubt that European leaders will be able to solve its sovereign debt problems and the languishing U.S. economy.
Best U.S. Small Towns

Best Small Town in U.S. - Louisville, Colorado: Survey

What do the best U.S. small towns to live in have in common? They all have low crime rates, good schools, and plenty of cultural activities, according to the latest small town survey by Money Magazine, which boasts that it has uncovered some hidden gems.
IBTimes Logo

Wall Street slides as euro zone fears remain

Wall Street stocks fell on Tuesday after a meeting of the heads of France and Germany failed to quell market fears about euro zone leaders' ability to contain the region's sovereign debt woes.
Texas Gov. Rick Perry announces his presidential bid, in Charleston

Rick Perry Leapfrogs Romney to Top GOP Spot in New Poll

Just when it seemed like former Massachusetts Gov. Mitt Romney had the GOP nomination in the bag, Texas Gov. Rick Perry joined the race and leapfrogged him to steal the lead -- and by double digits - in the latest poll.
IBTimes Logo

Gold Sets Another Record As Stocks Fall

Gold settled at a record high Tuesday after investors abandoned stocks on fresh concerns over weakness in Europe's biggest economy, doubt that European leaders will be able to solve its sovereign debt problems and the languishing U.S. economy.
IBTimes Logo

Madoff trustee's loss calculation method upheld

A U.S. appeals court on Tuesday upheld a method developed by the trustee liquidating Bernard Madoff's firm for determining how to calculate investor losses, handing a defeat to so-called net winners.
IBTimes Logo

Paulson held onto gold in Q2, Soros cuts further

The largest gold fund players including hedge fund titan John Paulson stuck with their bullion bets in the second quarter, opting not to follow George Soros who further reduced his gold ETF holdings.
At Issue: U.S. Budget

U.S. Budget Deficit: Five Things You Didn?t Know

The recent federal budget fight between the Democrats and Republicans over the debt ceiling, true to form, yielded "more heat than light," once again, regarding the true sources of the budget deficit. Therefore, without further adieu, sans the rhetoric, here are five things you didn't know about the budget deficit.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.