The U.S. dollar plumbed a near 3-year low against other major currencies on Wednesday before a Federal Reserve decision, which is expected to reinforce an ultra-easy policy stance and drive more capital to buoyant emerging Asian stock markets.
Japanese automaker Nissan Motor has announced a safety recall of 270,000 units of two vehicle models sold in the United States and Canada due to a possible problem with steering control.
America's global dominance of the private equity industry will likely remain for only a handful more years, as other geographies grow stronger and rival firms around the world flex their muscles, Carlyle Group co-founder David Rubenstein predicted on Tuesday.
America's global dominance of the private equity industry will likely remain for only a handful more years, as other geographies grow stronger and rival firms around the world flex their muscles, Carlyle Group co-founder David Rubenstein predicted on Tuesday.
Nasdaq OMX Group and IntercontinentalExchange Inc appealed directly to NYSE Euronext stockholders on Tuesday, asking them to press the Big Board's directors to sit down to talk about their joint bid.
An authorized person broke into Sony's PlayStation video game online network and stole names, addresses and possibly credit card data belonging to 77 million user accounts in what could be one of the largest-ever Internet security breaches.
The U.S. dollar plumbed a near 3-year low against other major currencies on Wednesday before a Federal Reserve decision where it is expected to reinforce its ultra-easy policy stance while stocks in Asia's developed markets rose, tracking a strong close on Wall Street.
Amazon.com gave a confident revenue forecast that suggested its aggressive expansion into new businesses is paying off, soothing concerns about its slimmed-down profit margin.
BP Plc is expected to post the weakest rise in first-quarter profits among big oil companies on Wednesday, after it was forced to sell assets to pay for the Gulf of Mexico oil spill.
Amazon.com gave a confident revenue forecast that suggested its aggressive expansion into new businesses is paying off, soothing concerns about its slimmed-down profit margin.
Federal Reserve Chairman Ben Bernanke doesn’t seem to understand inflation. In 2011, he has denied its existence and dismissed the recent run-up in commodities prices as transitory.
For those who seek a white iPhone 4 and can't wait for it to arrive in the U.S., it's now possible to get one -- if you are willing to fly to Europe.
The natural gas industry should support common sense regulation to ease public worries about potential water contamination from hydraulic fracturing, a drilling practice vital to the U.S. shale gas boom, White House economic adviser Gene Sperling said on Tuesday.
A fresh batch of corporate results pushed U.S. stocks to their best levels since June 2008 on Tuesday, renewing optimism that profit growth will remain resilient enough to keep equities on the rise.
Leon Panetta, the director of the CIA has spent the last five days in Ankara, Turkey, on a secret visit with high-ranking Turk officials to evaluate the crisis in Syria, according to Turkish newspaper, Sabah.
A fresh batch of corporate results pushed stocks to their best levels since June 2008 on Tuesday, renewing optimism that profit growth will remain resilient enough to keep equities on the rise.
Inflation is coming to America because the Federal Reserve keeps printing money and has left interest rates at 0.25 percent since December 2008.
Persistently high unemployment and a weak economic recovery could persuade U.S. policymakers to slap protectionist duties on imports from China and around the world, an economist said on Tuesday.
The Federal Reserve kicked off a two-day meeting on Tuesday that will probably show that it is in no hurry to scale back its massive support for the economic recovery.
Wal-Mart Stores Inc is making progress bringing items and shoppers back to its U.S. stores, and turning around U.S. sales remains its top priority, President and Chief Executive Mike Duke said on Tuesday.
While a jury studied the evidence in Raj Rajaratnam's trial on Tuesday, a former trader associated with his Galleon Group hedge fund became the latest to plead guilty in a sweeping government probe of insider trading on Wall Street.
Soaring jet fuel costs pounded Delta Air Lines and US Airways Group in the first quarter, leading both to post losses, but rising fares eased the blow, and Delta said it aims to recapture the full cost of fuel on every flight.
