IBT Staff Reporter

Despite all the talk about the shaky future of Social Security, its potential shortfall isn't the biggest risk for future retirees. They should be worrying about Medicare instead.

Producers are slowly passing on high energy prices to consumers, data showed on Wednesday, in a trend that raises consumer inflation risks and reinforces the case for gradual European Central Bank rate rises.

U.S. mortgage applications last week sank to their lowest level in over four years, as home purchase loan demand tumbled for the third straight week, an industry trade group said on Wednesday.

Investors, tired of weak returns and rising volatility in U.S. stocks, are turning to cash and fixed-income investments, including safer municipal bonds and Treasury inflation-protected securities.

The days when video and computer game companies spent a fortune on lavish displays may be a memory following changes to the industry's biggest trade show.

A three year 'mad cow' scare has left japanese consumers, restaurants and retailers weary despite a lifted ban on U.S. beef last week.

Microsoft's aim to extend beyond PCs will be further tested as it battles iPod in the portables market.

IBM announced new servers that can give businesses more computing power than predecessors, and also save them costs on energy.

Don't be surprised to see the Big Three automakers lower production forecasts for the rest of the year in light of soaring gasoline prices, slowing economic growth, and the sorry state of affairs in the automobile industry.

Core U.S. consumer prices rose 0.2 percent in June, continuing a steady march that has taken the year-on-year rate of nonfood, nonenergy inflation to 2.4 percent, its highest since September 2002, the Commerce Department said on Tuesday.

IBM, the world's largest technology services company, on Tuesday is announcing new server computers giving businesses access to computing power typically used by universities and large corporations.

It has been tremendously successful abroad but now, Cyworld is trying to make a successful landing in Myspace territory.

Latest research into the computer graphics industry shows Intel remains the dominant player, garnering most of the market share for the computer graphics sector in the second quarter.

The Entertainment Software Association issued a statement on Monday saying they are planning to downsize its Electronic Entertainment Expo (E3), the popular annual video game trade show.

CNN is taking a queue from YouTube and other websites, announcing on Monday that it has created a site where users can submit their own video recordings pertaining to news.

SanDisk, the world's largest supplier of flash memory, announced its intent to purchase Israeli data-storage provider M-Systems Flash Disk Pioneers Ltd, for $.155 billion on Monday.

U.S. health regulators will meet immediately with Barr Pharmaceuticals Inc. about the over-the-counter status of the Plan B contraceptive known as the morning-after pill, according to a report on cable network CNBC Monday.

Employees of retail giant Wal-Mart have set up their first trade union in China, a move analysts said on Monday could lead to more unionization in the sector.

Avon Products Inc., the world's largest direct seller of cosmetics, on Monday said second-quarter profit fell 54 percent on costs related to job cuts and other restructuring moves.

The standards that cover financial advisers are getting tougher, and that's good for people who need help managing their money but don't know where to turn.

Dolby Laboratories, best known for its movie theater surround-sound systems, on Monday said it has teamed up with German virtual reality company Infitec GmbH to develop a three-dimensional theater projection system for theaters.

AOL plans to announce on Monday it will test launch a new Internet video service in an attempt to demonstrate how much it has learned from mistakes that cost the once reigning king of the online world its leading position.

Microsoft Corp has submitted documents required by the European Commission in an effort to avoid further fines for breaching an antitrust ruling, a spokeswoman for the European Union regulator said on Monday.

With a chance for stability following the first democratic election in over 40 years, the Democratic Republic of Congo is seen as a country with strong potential, especially in its natural resources.With a chance for stability following the first democratic election in over 40 years, the Democratic Republic of Congo is seen as a country with strong potential, especially in its natural resources.

France's highest judicial body has ruled unconstitutional significant parts of a law meant to force Apple and other companies to sell music that would play on any portable music device.

A federal judge late on Friday rejected a request for an injunction against the McClatchy Co. sale of three San Francisco Bay-area papers it acquired when it bought Knight Ridder Inc. this year.

July marked the end of the road for the rally in transportation stocks, and while the sector is seen as a bellwether, investors say its swoon could actually be a bullish sign for the broader stock market.

U.S. economic expansion slowed abruptly in the second quarter to less than half the pace at the start of the year, while a key inflation gauge shot up at the fastest rate since 1994, the government said on Friday.

Wal-Mart, the world's biggest retailer, announced today that it decided to close its operations in Germany, by selling its 85 stores to a local rival, Düsseldorf-based Metro AG.