U.S. home loan demand rose sharply in the week ended Nov. 19, reaching a two-year high, the Mortgage Bankers Association (MBA) said on Wednesday.
Futures on major U.S. stock indices point to a higher opening on Wednesday ahead of a wave of economic data including durable goods orders and new home sales.
Apple iPad has topped the electronic gadget wish list of kids aged 6-12, beating probables like Nintendo and Sony PlayStation game consoles.
Scientists in the United States have developed tiny, low-temperature methane fuel cells that could soon power laptops.
Commonly known as Black Friday, the day after Thanksgiving in the U.S. is considered one of the biggest retail days of the year. Most shops in the country start as early as 5 AM and stay open till late, offering massive discounts. Gadgets still top the list among the most sought after category of goods.
Despite the tablet market getting crowded by each day, the demand for iPad continues to surge and could see rush orders as early as next week.
The couple went through tough times after losing their 16-year-old son, Jett, last year due to a seizure attack.
More Americans will be traveling to celebrate Thanksgiving this year, all thanks to improving economic scenario in the country.
CODA Automotive, a California-based electric car and battery company, and The Hertz Corporation, the world's largest general use airport car rental brand, entered into a partnership making 100% all-electric CODA sedans available at select Southern California Hertz locations.
Nissan Motors Co would be the world's first hybrid to come equipped with standard pedestrian warning sounds for its new 2012 Infiniti M35h, when it goes on sale at Infiniti retailers nationwide in early 2011, the carmaker said in a statement.
Saudi tycoon prince Alwaleed bin Talal al-Saud, has invested $500 million in General Motors' initial public offering.
Even as scientists are warning that the increasing global warming could be a threat to aquatic species, NASA researchers have determined that Earth's largest lakes have warmed during the past 25 years in response to climate change.
Japanese Trade Minister Akihiro Ohata confirmed on Wednesday Chinese shipments of rare earths to his country resumed two months after Beijing halted exports following the breakout of a boundary row.
The US dollar slipped in Asian trade on Wednesday, moving off multi-week highs against euro, pound, Aussie and New Zealand dollar, after rising sharply in the previous session which saw an unexpected Korean crisis providing the greenback with safe-haven interests.
Sovereign debt crises in peripheral Europe threaten to bring down the overall euro zone economy because European banks are heavily expose those debt.
Some individuals – like myself and a few other students of crises in the recent cycle – are able to predict the financial storm well in advance, said Nouriel Roubini, co-founder of Roubini Global Economics.
According to minutes from the most recent Federal Open Market Committee (FOMC) meetings, policymakers argued over the merits of introducing a $600-billion long-term bond purchase program, but passed the measure anyway.
SpaceX, which aims to be the first private company to launch manned space vehicles, reached another milestone with its Federal Aviation Administration License for re-entry to Earth's atmosphere.
Minutes of the November 2-3 Federal Open Market Committee meeting.
North Korea's attack on South Korean island on Wednesday is aimed at pressurizing Seoul to resume stalled nuclear talks.
The United Stated said Tuesday it was in close and continuing talks with South Korea after a North Korean artillery attack killed two South Korean marines.
Popular geolocation services such as Facebook Places, Foursquare, Gowalla and Loopt could easily reveal the position of US armed forces to the enemy, U.S. Air Force has warned.