Whatever your finance advisor, economics professor, banker or coin dealer might tell you, no single asset class - bought today - can promise to hold or grow its value, year after year, until precisely the day when you need to sell it and spend.
Borrowing by small businesses jumped for a fifth straight month in December, data released by PayNet Inc on Tuesday showed, a fresh sign that the U.S. economic recovery is gaining ground.
BP reignited doubts about its ability to return to growth on Tuesday as below-forecast profit, disappointing production guidance and new oil spill charges overshadowed the oil major's return to dividend payouts.
U.S. stock index futures advanced on Tuesday as investors turned their attention from the geopolitical tremors in the Middle East to data they hope will provide insight into the state of the U.S. economic recovery.
The U.S. Food and Drug Administration (FDA) has rejected Orexigen Therapeutics Inc.'s weight-loss drug Contrave on concerns over heart safety issues. Following the announcement, shares of the California-based company plunged nearly 72 percent in Tuesday's pre-market trade to $2.52.
RBC Capital Markets downgraded rating of ProLogis (NYSE: PLD) to "sector perform" with above average risk qualifier from "outperform" and lowered its price target to $15.25 from $16.
United Parcel Service, the world's largest package delivery company, reported a quarterly profit that beat estimates and forecast record-high profits in 2011, sending its shares up nearly 3 percent on Tuesday in premarket trading.
Pfizer Inc
cut its sales forecast for 2012, the first full year its $10 billion-a-year Lipitor cholesterol fighter faces cheaper U.S. generics, but slashed its research budget to keep its profit view intact that year.Israel is angry at U.S. President Barack Obama for not supporting Egypt's falling dictator Mubarak and legitimating the people's outcry for democracy and freedom instead. This is seen as a threat to Israel's geopolitical interests in the Middle East.
Three big tech companies, HP, Intel and IBM, put their money into funding start-ups as part of a White House campaign.
Gold rose in Europe on Tuesday as the dollar index hit a 12-week low and geopolitical tensions centered on Egypt added risk premium to prices, with Asian demand for coins and bars after January's price drop adding support.
Israel has launched a diplomatic offensive as speculation intensified that the U.S. and European allies were ditching Egypt's beleaguered president Hosni Mubarak. Israel fears its decades-old peace with Egypt will crumble if Mubarak is replaced by a populist regime which by all means will be inimical to the Jewish state.
NASA Historian talks about how public perception of NASA and space exploration has changed since the Challenger and Columbia disasters.
The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
The number of Americans with diabetes have increased to nearly 26 million as more people are developing the disease and many who have it are living longer, says the Centers for Disease Control and Prevention (CDC).
The number of empty houses in the U.S. is close to 20 million, Census shows
Authored by award-winning journalists David Leigh and Luke Harding, the book titled WIKILEAKS: Inside Julian Assange's War on Secrecy was published on Monday by Guardian Books.
The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
Samsung Electronics said on Tuesday it would fully refund customers who had purchased its personal computers with flawed chipset from Intel Corp.
Asian automakers, led by outperformer Hyundai Motor, got off to a strong start for 2011 with robust January sales as they gear up for the sector's broad recovery.
Google Inc. and Twitter are now offering a new method to help Egyptians, blocked from the Internet, communicate using a voice connection system.
BP Plc failed to dispel doubts about its future on Tuesday as its long-awaited return to a dividend payout was tainted by weaker than expected profits and a new charge for the Gulf of Mexico oil spill.
