New York City's securities industry could lose nearly 10,000 jobs by the end of 2012, according to a report by New York state's comptroller Thomas DiNapoli.
The World Health Organization (WHO) has pegged a per capita investment of US $3 to $ 4 for managing mental health as part of its initiative on World Mental Health day. 2011 commemorates the 20th year of World Mental Health day and this year’s campaign focuses on, Investing in mental health”, noting that financial and human resources allocated for mental health are inadequate especially in low resource countries.
Congress should not endorse another big tax break for overseas corporate profits because the last one in 2004-2005 was a costly failure, said U.S. congressional investigators in a report released on Monday.
Asia's trade volume will almost double by 2025 and will be the key driver of world trade growth despite current global economic headwinds, HSBC said in a report on Tuesday.
Thomas H. Lee Partners and a consortium that includes Blackstone Group and Carlyle Group are finalists to acquire Regions Financial Corp's Morgan Keegan brokerage and investment banking unit, sources familiar with the matter said on Monday.
The release of the iPhone 4s smartphone by Apple (AAPL) will likely juice the shares of AT&T's (T) by attracting hundreds of thousands of younger adult subscribers to AT&T's stable. Those extra subscribers should also help T improve its network quicker -- something the company needs to do.
It's hard to believe that the U.S. tax rate for individuals with incomes over $5 million per year can be less than those of secretaries, plumbers, and construction workers, but that's the case, especially regarding alternative investment managers, whose loop hole enables them to pay just a 15 percent tax for carried interest.
The most famous mistress in the world helped save David Boreanaz's marriage, and got married herself this weekend.
In case investors forgot amid the excitement coming out of Europe, third-quarter earnings are about to begin.
Gold will reach $2,000 in the next three to six months, according to the chief investment officer of one of this year's most successful hedge funds.
The ongoing crisis at Yahoo may now have tempted some new parties including Singapore’s Temasek as well as Bain Capital, joining other parties said to include Facebook, Microsoft, Providence Equity Partners and Alibaba Group.
Swiss structured products exchange Scoach has become the world's first exchange to allow trading in gold-denominated structured products and might also allow exchange traded funds (ETFs) with gold as the trading currency.
Gold rose more than 2 percent on Monday, lifted by weakness in the dollar versus the euro after France and Germany pledged to come up with a proposal to recapitalize euro zone banks, while traders remained cautious ahead of further details of the plan.
Zambians striking over poor pay at Chinese mines went back to work on Monday after winning a nearly 100 percent pay rise, just over two weeks after a new president took office on the promise of improving mining conditions.
Gold, silver, platinum and palladium, as well as other commodities, generally stand a better chance of handling a global economic downturn than other types of investments, Barclays Capital said Monday.
India gold futures are likely to extend gains this week helped by the weakness in the U.S. dollar, which enhances appeal of the yellow metal as an alternative investment, and after France and Germany pledged to strike a proposal to recapitalize euro zone banks.
The price of gold in the fourth quarter will rise to an average of $1,875 per ounce, a nearly 15 percent increase from gold's closing price Friday, Barclays Capital said.
The bank, whose shares had plunged 42 percent last week, was poised to go bankrupt, a fatality of the Eurozone crisis.
Stock index futures pointed to a higher opening for equities on Wall Street on Monday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 rising 0.9 to 1 percent.
A mob of horsemen armed with sticks and petrol bombs attacked an exploration camp run by South African miner Gold Fields' joint venture in Kyrgyzstan, the latest in a series of assaults on mining companies in the Central Asian state.
Franco-Belgian bank Dexia agreed early on Monday to the nationalization of its Belgian banking division and secured 90 billion euros ($121 billion) in state guarantees in a rescue that could pressure other euro zone governments to strengthen their banks.
Gold rose more than 1 percent on Monday as the dollar fell versus the euro after France and Germany pledged to strike a proposal to recapitalize euro zone banks, while traders remained cautious ahead of further details of the plan.
