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U.S. President Barack Obama is moving ahead with sanctions against Iran's oil industry, in the hope that increased economic pressure will push Tehran into abandoning its nascent nuclear program.

Oracle (Nasdaq: ORCL), the world’s biggest database software company, settled a price-fixing lawsuit against Micron Technology (NYSE: MU) for $58 million.

Some industry experts warned that the gold price has been artificially suppressed due to its strong impact on interest rates and government bond values, leaving many gold equities significantly undervalued.

Palladium prices are set to soar this year, buoyed by high levels of speculative buying, unwavering industrial demand and the general upward price pressure commodity metals are seeing in a zero-interest rate environment, according to a report issued Thursday.

With three new gaming consoles in the works, fans have a lot to be excited (or unexcited) about. The potential codename for PlayStation’s next venture was leaked on March 28th, but there may be some news that gamers aren’t too keen on hearing.

Gold prices slipped below $1,660 an ounce in Europe on Thursday, extending their retreat from two-week highs into a third session, as the dollar recovered from a near one-month low and crude oil prices turned lower.

Details on Sony’s next console are already beginning to leak, even though no official release date has been set for the gaming system. Referred to as the PlayStation 4, rumors about the device’s name, controller features, and more are sprouting up across the Web. But with other mega forces in the gaming world preparing to put out new consoles, such as the Xbox 720 and Nintendo Wii U, the competition is sure to be fierce. Here’s a rundown of the top five rumors and information leaks on the PlayS...

With the recent launch of Windows 8, Microsoft may have another new venture in the works. The software company could be releasing a pre-successor to its widespread gaming console, the Xbox 360. The new gaming system, which may be known as the Xbox Lite, will be launched before the next-generation Xbox console, according to rumors.

The average price of gasoline in the US rose to $3.92 per gallon, an increase of 11.49 cents in the last two weeks, according to the Lundberg Survey conducted across the nation.

AT&T has finally confirmed that the Nokia Lumia 900 will be released on April.8, priced at $99 with a two year contract.

Gold prices rose 1 percent on Monday after comments from U.S. Federal Reserve Chairman Ben Bernanke that faster growth will be needed to boost employment supported expectations that further quantitative easing measures may be necessary.

China Petroleum & Chemical Corp. (Sinopec) announced on Sunday a 2 percent rise in profit for the year 2011 thanks to higher oil prices and increasing fuel sales.

The makers of the Etch A Sketch may want to thank an aide to Republican presidential candidate Mitt Romney who mentioned the toy in a well-publicized gaffe that led to the stock skyrocketing 141 percent. Shares of The Ohio Art Company, which makes the children's toy, increased $5.65 a share to $9.64 per share - a 141.25 percent gain.

Gold hit its lowest level since mid-January on Thursday, influenced by dollar strength, with the market having unwound all of the premium built up on expectations for further U.S. quantitative easing.

Recent industry reports suggest that China's corn production in 2011/12 could be as much as 14 percent lower than current official estimates, according to Capital Economics.

The new iPad 3 is sleek, light, powerful, productive, and its new Retina Display couldn't be more beautiful. Yet, many new owners have found that their new Apple tablets have a few major issues, specifically regarding overheating and 4G LTE that quickly drains data and funds.

Another week, another HBO trailer for Season Two of Game of Thrones. This week's teaser, however, gives away far more than the ones before it, from big plot spoilers to some of fans' first looks at the new characters on set. From Dany's metamorphosis and Melisandre's (literal) demon spawn to Cersei's sudden attack of conscience and Tyrion's dips into wildfire, here's everything we caught from HBO's newest trailer.

Gold fell on Tuesday, hurt by strength in the dollar which profited from the growing view in the market that the U.S. economy is on a firmer footing, ending a three-day rally in the bullion price.

The chief executive of Starwood Hotels & Resorts Worldwide said oil prices would have to rise pretty significantly from current levels to put a dent in hotel demand.

Home prices in nearly half of China's major cities fell in February from the year-ago period, as Beijing showed its determination to tame the property market.

China will raise its heavily regulated retail gasoline and diesel prices Tuesday by 6.4 percent and 7 percent, respectively, marking the biggest increase in 33 months, according to the National Development and Reform Commission.