UNITED STATES

Twitter flush with cash, says founder

IBTimes Logo
Twitter claims it has a lot of money in the bank. Looking into Evan Williams' claim, it seems to be the Promoted Suite that has made the site rich.
Rosengren, President and Chief Executive Officer of Federal Reserve Bank of Boston, listens at a U.S. House of Representative Financial Services Committee field hearing in Boston

QE2 important for job creation: Rosengren

Boston Federal Reserve's Chairman Eric Rosengren defended the Fed's second round of quantitative easing, stating that it was necessary to avoid deflation and help unemployment. The fact that the U.S. Treasury yields have risen since the Federal Reserve announced a second round of quantitative easing does not mean that the QE2 is failing, Capital Economics said in a note.
More news
Sarah Palin's own 'American Dream'

Sarah Palin's own 'American Dream'

Sarah Palin, who announced her intent to run for the Presidential bid on Wednesday, seems to be reaching out to the American public in a rather tidy way. Her latest stint on reality TV, coupled with an unfaltering media management, could come along in her pursuit to the White House.
Traders work on the floor of the New York Stock Exchange

U.S. stock futures gain, GM eyed

Futures on the S&P 500 gained 11.80 points to 1,189.30, futures on the Dow Jones Industrial Average are up 87.00 points to 11,082.00 and Nasdaq100 futures are up 25.50 points to 2,122.50.
U.S. President Barack Obama and Russian President Dmitry Medvedev.

START stalled by Republican senator

President Obama, last Saturday in Japan, reiterated his administration’s commitment to Russian President Dmitri Medvedev to get the new START Treaty approved by the lame-duck U.S. Senate before the year is out.
U.S. hails "major victory" in tires spat with China

Congressional panel advises tougher stance against China

A congressional advisory panel has recommended that politicians in Washington D.C. pressure the Obama administration into more forceful action against China for keeping its currency artificially undervalued and, thereby, worsening the trade deficit of the U.S.
Deputy Treasury Secretary Neal Wolin

Too big to Fail era over: Treasury Dept.

Too big to fail is now over and American taxpayers will never be asked to bear the costs of a financial firm's failure, said U.S. Treasury deputy secretary Neal Wolin.
Michael Moore  sues the Weinstein Brothers over Fahrenheit 9/11

Left-leaning Democrats decry Obama 'sell-out' on tax cuts

A meeting between President Barack Obama and Congressional representatives originally scheduled to be held on Thursday has been postponed until Nov. 30, the White House said on Wednesday, signaling consensus on the extension of Bush-era tax cuts eluded leaders at the Capitol.
General Motors Vice Chairman Tom Stephens speaks in Baltimore, Maryland

GM's IPO could be the world's largest

General Motors Co is inching closer towards returning to the U.S. market in one of the biggest IPOs in the U.S. history and could even become the world's largest.
Traders work on the floor of the New York Stock Exchange

US stocks fluctuate in early trade

S&P 500 Index edged up 0.68 points, or 0.06 percent, to trade at 1,179.73 at 09:53 a.m. EDT. The Dow Jones Industrial Average fell 8.47 points, or 0.08 percent, to trade at 11,015.03. The Nasdaq Composite Index gained 0.24 percent.
Traders work on the floor of the New York Stock Exchange

US stock futures extend modest gains

Futures on the S&P 500 gained 3.50 points, futures on the Dow Jones Industrial Average are up 23 points and Nasdaq100 futures are up 7 points.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.