The announcement came a day after a $20 billion food subsidy program got closer to enactment, amid worsening economic indicators.
Concern about Fed stimulus reduction, U.S. involvement in Syria and the mid-October debt-ceiling limit are on investors' minds.
Looks like the U.S. maritime industry is doing pretty well for itself and may even get a boost in the coming years.
Overall business sentiment in Germany improved while retail business sentiment took a dip. Six-month outlook bright.
The surge in value is further proof that investors are betting on Facebook’s ability to earn more advertising revenue in the future.
On Sunday night the music industry descended on Brooklyn's Barclays Center, enlivening and disrupting life for neighborhood residents.
Mayoral hopeful Christine Quinn landed endorsements form three of New York City’s major newspapers, all of which cited a need to stay on the 12-year course plotted out by Michael Bloomberg.
Somalia's fragile economy could face collapse - something that could trigger a humanitarian crisis affecting millions.
Things are getting better -- significantly better -- says UBS economist Larry Hatheway.
PE exits from Indian companies are expected to continue in less-than-conducive conditions, leaving the door open for contrarians.
The consensus among decision makers in Jackson Hole, Wyo. still points to a Fed stimulus reduction in September.
Brazil, Argentina and Venezuela have seen their currencies drop sharply in the last six months.
IBTimes culls together the best drinking games for the 2013 MTV Video Music Awards, which take place on Sunday at Brooklyn’s Barclays Center.
American tech firms could lose their dominance over privacy concerns. So why is the U.S. squelching innovation in the name of security?
Historically, September is the worst month for U.S. stocks. It’s also the month with the most banking crises.
The bull market in emerging markets securities has paused or ended, depending on which analyst you follow.
The southern half of East Asia is set to grow economically over the next decade faster than the northern half of East Asia.
The New Zealand dairy major suspended its operations in Sri Lanka following a court order and protests against its milk products.
The world's most powerful central bankers are in Jackson Hole, Wyoming, this week. Investors will try to read the tea leaves.
Nasdaq suffered a three-hour outage on Thursday afternoon, shutting down trading of more than 3,200 companies.
The Scottish Whisky -- and no, there's no "e" -- industry grows every year despite not really changing.
About half of the 200 top MBA students and graduates polled said major banks were aggressively recruiting them.
Hedge fund billionaire Bill Ackman has done well by consistently betting on fast food companies.
U.S. stock markets could open higher on Thursday, ahead of data on jobs, home prices and manufacturing activity.
The latest four-month-high flash PMI reading for China’s manufacturing industry reflects Beijing's recent efforts to prop up growth.
The improvement in HSBC's manufacturing survey comes after an unexpected rebound in the official PMI reading in July.
Price inflation in the auto market is slowing. You can thank Japan for that.
Angola's ties to its former colonizer are loosening as Portuguese banks struggle with debt.
Herbalife says the hedge fund manager has hired a PR firm to, in effect, run down the value of the nutritional supplement company.
The Fed said economic data since the July meeting has been mixed and inflation is still running below its 2 percent target.