A Canadian mining company and a tiny South Carolina town are leading what could be a modern gold rush to the southeastern United States.
The world's leading economies pressed Europe on Saturday to act decisively within eight days to resolve the euro zone's sovereign debt crisis which is endangering the world economy.
Bill Gross, manager of the world's largest bond fund, apologized to his investors late Friday for his poor performance, saying I'm just having a bad year.
Ireland has come to grips with its banking problems, but it will not be able to pop the champagne until its unemployment rate starts to come down, a senior official with the International Monetary Fund said Saturday.
Ireland has come to grips with its banking problems but it will not be able to pop the champagne until its unemployment rate starts to come down, a senior official with the International Monetary Fund said on Saturday.
Saudi Arabia's central bank is not interested in buying distressed or speculative assets such as troubled European debt and gold and the OPEC member's banks are well positioned to withstand the euro zone crisis, its head said on Saturday.
The International Monetary Fund called on Saturday for an EU-wide deposit insurance scheme and more coordinated regulation of the continent's banks to prevent contradictory national regulation from exacerbating its debt crisis.
G20 finance ministers and central bank governors put strong pressure on euro zone leaders at a two-day meeting in Paris to come up with a convincing solution to the bloc's debt crisis and avert the risk of a fresh global recession.
Economic growth has gained some strength but remains too slow and would benefit from passage of a package of job proposals that congressional Republicans have blocked, Treasury Secretary Timothy Geithner said on Saturday.
The Occupy Wall Street protest movement in the United States represents the arrival of a global wave of social and political turmoil, according to economist Nouriel "Dr. Doom" Roubini.
The European Central Bank signaled on Saturday it would not abruptly end its bond-buying program now that the euro zone bailout fund EFSF has powers of secondary market intervention and would wait until financial markets stabilize.
Germany's private banks called for euro zone policymakers to finally accept that Greece is insolvent and also pressed for rules that would force lenders to set aside capital on their balance sheets for government bonds, a magazine reported.
Right now, Saudi Arabia and Iran are engaged in a proxy war in Bahrain.
Proposals to double the size of the IMF as part of a broader international response to Europe's debt crisis ran into resistance from the United States and others, burying the idea for now and putting the onus firmly back on Europe.
Finance ministers and central bankers from the world's top economies backed on Saturday a mandatory capital surcharge on big lenders of up to 2.5 percent to be phased in from 2016, dealing a blow to banks hoping for a rethink or delay.
Greece could use state-owned real estate assets as collateral for new bonds to raise more than 100 billion euros ($138.7 billion), under a proposal put forward by a leading Greek think-tank and a former conservative minister.
Finance ministers and central bankers from the world's top economies are set to back a mandatory capital surcharge on big lenders of up to 2.5 percent to be phased in from 2016.
The world's leading economies kept the pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G20 finance chiefs' meeting.
The very coveted iOS 5 has arrived along with the mythical new iPhone 4S
Calpers, the biggest U.S. public pension fund, said on Friday it would withhold its votes for the reelection of Rupert Murdoch and sons James and Lachlan to the News Corp board of directors.
When the Department of Defense decided it needed a device that could detect heartbeats from hundreds of feet away, it didn't know where to look. So it turned to some tech-savvy friends: venture capitalists.
The U.S. Treasury Department said it would delay until later this year a ruling due on Saturday on whether China was manipulating its currency to gain an unfair trade advantage.
Stocks scored their first back-to-back weekly gains since early July on Friday, on strong Google earnings and as investors kept riding the optimism for a solution to the euro zone's debt crisis.
The U.S. budget gap widened slightly in fiscal 2011, staying above $1 trillion for a third straight year and providing fodder for a political battle over taxes and spending ahead of next year's presidential election.
A Long Island man was sentenced to 25 years in prison Friday after admitting to stealing more than $195 million from thousands of investors in the course of a five-year, $400-million Ponzi scheme.
Ford (F), which did not accept U.S. Government assistance, has rebounded after a restructuring, and is well-positioned to capitalize on U.S. job growth, when it returns with gusto. Is now a good time to consider Ford's shares?
The U.S. budget gap widened slightly in fiscal 2011, staying above $1 trillion for a third straight year and providing fodder for a political battle over taxes and spending ahead of next year's presidential election.
The Securities and Exchange Commission is warning staffers that their personal brokerage account information may have been compromised, after it uncovered security flaws with an ethics compliance program.
Stocks scored their first back-to-back weekly gains since early July on Friday, on strong Google earnings and as investors kept riding waves of optimism for a solution to the euro-zone debt crisis.
Britons are now including internet passwords in wills to ensure their online music, photographs, videos and other digital data are not lost when they die, a British study showed.
