UNITED STATES

China data eases rate fears, world stocks up

IBTimes Logo
Chinese inflation data helped ease investor concerns on Tuesday that the world's No 2 economy will have to tighten monetary policy more aggressively, but other data releases kept markets in a tight range.
More news
IBTimes Logo

Man ties machine on Day 1 of Jeopardy! showdown

A man-versus-machine showdown on popular U.S. quiz show Jeopardy! ended in a tie on the first day of a three-day challenge, when an IBM computer showed off its knowledge of the Beatles, as well as a few glitches.
IBTimes Logo

Charles Schwab tops in U.S. online satisfaction survey

Charles Schwab Corp's customer satisfaction topped that of rival Fidelity Investments for the first time ever in 2010, according to a new annual online brokerage study released by the American Customer Satisfaction Index on Tuesday.
IBTimes Logo

Asian stocks steady, copper up on China CPI

Asian stocks were broadly steady On Tuesday after traders took China's closely-watched inflation data in their stride, while the euro regained some ground after hitting a three-week low the previous day.
IBTimes Logo

IRS would get 5,100 new staff under Obama budget

The Internal Revenue Service would get an additional 5,100 employees under President Barack Obama's increased budget request, setting up a clash with Republicans who advocate cuts for the tax collection agency.
IBTimes Logo

Asian stocks rise slightly, copper up on China

Asian stocks rose slightly on Tuesday after China's closely-watched inflation data failed to surprise markets, while the euro regained some ground after hitting a three-week low the previous day.
IBTimes Logo

Huawei resisting calls to divest 3Leaf

China's Huawei is resisting calls to divest recently acquired U.S. server technology firm 3Leaf, opting instead to wait for a decision from the White House before taking action.
IBTimes Logo

BHP offered to swap China info with U.S.: WikiLeaks

Anglo-Australian miner BHP Billiton once offered to trade intelligence with Washington on China, its most important market, an Australian newspaper said on Tuesday, citing leaked U.S. cables obtained from WikiLeaks.
IBTimes Logo

Obama revives corporate tax break cuts

President Barack Obama revived earlier proposals to raise tens of billions of dollars by cutting tax breaks enjoyed by America's biggest companies, ideas that have floundered in Congress for several years.
IBTimes Logo

FedEx cuts earnings outlook, citing storms

FedEx Corp cut its earnings forecast for the current quarter, citing disruption from winter storms in the United States and Europe and higher fuel prices, sending shares lower in post-market trading.
IBTimes Logo

The end of the global currency regime is now unavoidable

The debts assumed by the Western democracies will overwhelm their economies and lead to the end of our current Dollar-denominated, global currency regime. This has profound implications for Americans' standard of living and our empire's role in the world.
IBTimes Logo

World Market Overview 15/2/2011

U.S. stocks ended narrowly mixed as investors appeared to be underwhelmed by President Obama’s budget proposal, while unrest in the Middle East has spread to Iran and even Bahrain.
IBTimes Logo

Gates plays down Afghan troop figures in budget

Defense Secretary Robert Gates played down the accuracy of troop figures outlined in a budget request unveiled on Monday, saying the pace of the upcoming drawdown in Afghanistan was still unclear.
IBTimes Logo

Obama holds line on Social Security in budget plan

Social Security would not change significantly under President Barack Obama's 2012 budget plan, leaving for later a fiscal reckoning on the massive U.S. pension program for the elderly and disabled.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.