Dow Jones Industrial Average, S&P 500 Index And Russell 2000 Index Smash Record Highs
The Dow recorded a new all-time high for the 38th time this year Friday as Wall Street capped off a record-breaking week.
MasterCard Holiday Spending Report Shows Lodging Hot, Electronics Not
Lodging posted almost double-digit year-on-year sales growth by percentage from Black Friday to Dec. 24, MasterCard says.
Saudi Arabia's Oil Pricing Power Makes It The Country To Watch In 2015
Saudi Arabia's power over oil prices isn't new, but now Riyadh is using it to influence political outcomes in the Middle East -- and far beyond.
India Health Budget: Did Lower Tax Receipts And Lack Of Spending Force India To Cut Back?
A tough fiscal situation may have forced the Narendra Modi government to cut spending on public health. But, this has happened before.
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Japan Inflation Slows And Output Slips, Keep BOJ Under Pressure
Japanese annual core consumer inflation slowed for a fourth straight month in November largely due to sliding oil prices.
Retailers Expect To Meet Holiday Sales Forecasts After Last-Minute Sales
The holiday season sales figures are expected to be up about 4 percent from last year.
Indian Ocean Tsunami Relief Efforts: Civil War, Inexperienced Aid Groups Hampered Recovery
From worries about donor countries not fulfilling their pledges to navigating an ongoing civil war, disaster relief hit great obstacles.
Santa Claus Rally 2014: Dow Jones Industrial Average, S&P 500 Index Smash Records
The Dow closed at a new all-time record Wednesday for the 37th time this year as Santa Claus came to town.
US Unemployment Claims Drop Again
Data released Wednesday showed the fourth straight week of declines in claims.
India Allows Foreign Investors To Increase Stake In Domestic Insurance Companies As Modi Pushes Reforms
Narendra Modi is pushing ahead on key reforms with an executive order after opposition parties stalled parliament over an issue about religion.
Russia To Help Large Borrowers As S&P Mulls Junk Rating
Russia will take on credit risk for firms, whose foreign debt obligations have shot up in ruble terms because of the currency's sharp slide.
UN Welcomes Landmark Treaty Regulating Global Arms Trade
The global Arms Trade Treaty, which has been ratified by 60 countries, aims to regulate the flow of weapons to conflict-hit zones.
India Slashes Health Budget, Already One Of The World's Lowest
Despite rapid economic growth over the past two decades, successive governments have kept a tight rein on healthcare expenditure.
Venezuela Currency Controls Make Scotch Cheap As Milk, Syringes Go Short
The currency controls have become a primary concern of foreign investors who believe they are draining international reserves.
GDP Grows, Dow Soars While US Workers Still Chase Household Income, Wage Growth And Real Recovery
When it comes to postrecession wages, most Americans "have essentially gone nowhere," says Josh Bivens, of the Economic Policy Institute.
Dow Jones Industrial Average Smashes 18,000 Milestone After US Economic Growth Surges In Q3
Fresh economic data on the strengthening U.S. economy sent the blue-chip index into the stratosphere on Tuesday.
US Economic Growth Smashes Expectations As GDP Grew 5% In Third Quarter
The final revision surpassed economists expectations for the economy to grow at a 4.3 percent annual pace.
UK Growth Slows Slightly In Third Quarter
Spending by households drove Britain's economic recovery once again in the third quarter despite a slight fall in disposable incomes.
India's Hindu Nationalist BJP Excels At Polls In Muslim-Dominated Jammu And Kashmir
It remains unclear if Prime Minister Modi’s BJP would be part of the state government in the strife-torn, Muslim-majority state.
Dow Jones Industrial Average Leaps 150 Points, S&P 500 Index Breaks Record Closing High
The record was broken for the 50th time this year while the Dow closed in on a new psychologically important milestone.
BP Says Deepwater Horizon Spill Civil Penalty Should Be Lowered Along With Oil Prices
Should BP pay a lower penalty for the 2010 Gulf of Mexico spill because oil prices are down? The company thinks so.
$14 Million An Hour: War Costs Top $1.6 Trillion Since 9/11, Say Congressional Researchers
U.S. taxpayer funding of the military has been $337 million a day, or almost a quarter million dollars a minute — every day since 9/11.
Emerging Markets 2014: How Russian Ruble Crisis, Tumbling Oil Prices Will Affect Bond Markets
The global decline in crude oil prices is beginning to reveal consequences around the globe — far beyond the Russian ruble crisis.
Wall Street's Week Ahead: Dow Jones Industrial Average Soars With Santa Claus Rally 2014 In Sight
Following last week’s advances, Wall Street expects a “Santa Claus Rally” from the Dow and S&P 500 by year-end.
India Hopes Direct Bank Transfers Will Limit Subsidy Bill Even As Mid-Term Review Paints Bleak Picture
India prepares to transfer subsidies on cooking gas to consumers' bank accounts even as its public distribution system continues to totter.
Britain Weighs Up Oil Industry Calls For North Sea Tax Breaks
Britain is considering reducing the tax bill for oil explorers in the North Sea including a proposal from the industry to halve rates.
UK Firms Expect To Offer A Bit More Pay In 2015: CBI
British companies plan to cautiously relax their grip on pay in 2015.
China Foreign Minister Says Willing To Help Russia
China's trade minister proposed more use of China's currency in settling trade with Russia in the face of a weaker ruble.
Gas Prices Drop To Lowest Level In More Than 5 Years
Travel analysts expect gas prices to drop before Christmas and again before New Year's Day.
Lithuania Readies Itself For The Euro As Russia Growls Across The Border
New Year’s Day, Lithuania will become the last of the Baltic states to join the euro currency bloc.
Saudi Arabia Says It Won't Cut Oil Output
Saudi Arabia Oil Minister Ali al-Naimi says other countries are welcome to cut their oil output, but that his country will not be doing it.
As Ford Closes, European Rust Belt Seeks New Ideas
As Ford and GM plants close, workers are unsure about what comes next.
Super Saturday 2014: Holiday Shoppers Come Out In Droves To Scoop Up Seasonal Discounts
Retail analysts say the last Saturday before Christmas could trump "Black Friday" as the biggest retail-generating day of 2014.
India Looks To Sway Americans With Nuclear Power Insurance Plan
India is offering to set up an insurance pool to indemnify global nuclear suppliers against liability in the case of a nuclear accident.
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