At a time when gold prices are showing a downfall, in the US the gold coins business is roaring. Does it have anything to do with the gold scam which rocked the world last month. It seems so. Gold exchange traded funds (ETFs) and future trading are under the shadow for the past few weeks due to the US Commodity Futures Trading Commission hearing where gold cartels were exposed by some traders. In fact investors have been short-changed by big cartels during the past many years, especially during...
The world has been hit with recession, subprime crisis, bubbles, inflation, deflation and stock market crashes in the last 10 years. But one asset has withstood the economic turmoil and remained as the most robust investment vehicle for the poor and the rich alike in the world is, of course, gold.
A top U.S. trade official said on Wednesday he will raise industry concerns about China's indigenous innovation policies that threaten U.S. intellectual property rights when he visits Beijing next week. What we're trying to do with the Chinese is address the very serious concerns that have been raised, Deputy U.S. Trade Representative Demetrios Marantis said in remarks to the Washington International Trade Association.
U.S. gold rose to its highest since January on Wednesday, rising toward $1,150 an ounce, as renewed worries over Greece's ability to resolve its debt crisis prompted investors to pile into the metal as a safe haven.
U.S. chief executive officers sounded a more confident note on the economy, with more planning to add jobs than cut them over the next six months, a survey released on Wednesday found.
The house price bubble, the most prominent global bubble in generations, was caused by lower interest rates but...it was long-term mortgage rates that galvanized prices.
The Dow industrials and S&P 500 fell on Wednesday on renewed worries over Greece's financing woes and ahead of an auction of Treasury notes that could further drive up yields and hurt a fragile housing recovery.
(Reuters) - Scientists have found two genetic regions that affect a baby's size at birth and say one of them is also linked with developing diabetes in later life.
General Motors Co posted on Wednesday a $4.3 billion net loss from the time of its emergence from bankruptcy in July through the end of the year and said it believes a profit is possible in 2010.
Hideo Kojima, one of the world's most famous video game creators, sees a future for digital entertainment outside the box -- outside any box.
U.S. mortgage rates spiked last week, slashing refinancing demand, while requests for home purchase loans held steady amid a final rush for federal tax credits, Mortgage Bankers Association data showed on Wednesday.
Google Inc is expected to be sued by photographers, illustrators and other visual artists who claim the company is infringing their rights by scanning and displaying their work without compensation.
Wall Street was set to open lower on Wednesday on worries over Greece's ongoing financing woes and ahead of an auction of 10-year Treasury notes coming amid concerns about rising yields.
Vacancy rates at U.S. shopping centers and malls rose to the highest levels in at least 10 years in the first quarter, accompanied by a drop in rents that wiped out years of growth, research firm Reis Inc said on Wednesday.
British mobile telecoms group Vodafone said it will launch the Opera Mini browser on low-cost handsets so its millions of users in emerging markets can easily access the Internet, lifting Opera's shares.
Stocks indexes futures edged lower on Wednesday as investors were cautious ahead of a speech by Federal Reserve Chairman Ben Bernanke and an auction of 10-year Treasury notes amid concerns about rising yields.
Goldman Sachs Group Inc said it did not intentionally bet against securities in the mortgage market during the financial crisis, dismissing suggestions that it unfairly made money by placing bets against its clients.
U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.3 percent, Dow Jones down 0.2 percent and Nasdaq 100 down 0.2 percent at 5:15 a.m. EDT.
Asian stocks neared 22-month highs on Wednesday as regional investors largely shrugged off festering worries about fiscal problems in Europe and focused on a recovery in the world economy.
Asian stocks neared 22-month highs on Wednesday as regional investors largely shrugged off festering worries about fiscal problems in Europe and focused on a recovery in the world economy.
U.S. securities regulator may formulate a plan to improve oversight of high-frequency trading by keeping track of executed transactions, the Wall Street Journal said, citing people familiar with the matter.
Real estate Web site Trulia.com launched an online rental listing service on Tuesday, hoping it will help increase annual revenue to $100 million within the next few years.
