INVESTMENT

The number of Kenyans who will need food aid due to drought will rise to 3.5 million by September, the United Nations said on Tuesday, while European officials warned such crises would flare up again unless more money was directed at prevention efforts.

Billionaire investor George Soros, whose stock-picking career has spanned nearly four decades, said he will manage money only for himself and his family as new regulations threaten to crimp the hedge fund industry he made famous.

Ford's near-term success is riding on getting a new UAW contract that controls labor costs for the next four years. If Ford is successful, the company's costs paid for debt will improve with a credit rating upgrade.

Swiss banking giant Credit Suisse may slash up to 2,000 jobs to reduce costs, according to a Swiss newspaper.

Europe is promising to help kick-start economic growth in Greece as a way of dragging the country out of its debt crisis, but the scheme looks likely to move too slowly to have much impact in the next couple of years.

California Gov. Jerry Brown signed a law on Monday that gives undocumented students attending California universities greater access to privately funded scholarships.

Stock index futures edged higher on Tuesday after earnings from blue chips like Ford extended optimism about a strong earnings season but the debt ceiling stalemate kept investors nervous.

Stock index futures edged higher on Tuesday after earnings from blue chips like Ford extended optimism about a strong earnings season but the debt ceiling stalemate kept investors nervous.

Nissan Motor , the largest Asian automaker in China, plans to nearly double its annual sales in the country to 2.3 million vehicles by the end of 2015, the company said on Tuesday, as it accelerates its expansion in the world's largest auto market.

President Barack Obama, in an address to the nation Monday night, reiterated the need for a "balanced approach" to deficit reduction -- one that includes both substantial budget cuts and revenue increases, and he warned that if the debt ceiling is not raised, it would trigger a "deep economic crisis."

U.S. money managers sitting on piles of cash are sniffing out opportunities to make a killing on the political circus in Washington over raising the nation's debt ceiling.

U.S. stock index futures fell sharply on Sunday as failure so far by the government to strike a deal on the debt ceiling made the prospect of default -- once considered an impossible outcome -- more likely.

Despite his financial woes, Berlusconi says that AC Milan is not on the sales block.

For most Americans, talk of a U.S. Government default is a little complex. What the American people really want to know is, assuming the U.S.Government defaults, where should one consider putting a portion of their money? Glad you asked.

Stocks tumbled on Monday as political brinkmanship in Washington over the debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.

Room rental service Airbnb recently received a 112 million dollar investment, allegedly earning the company a $1 billion valuation. IBTimes takes a look at the five biggest reasons to be weary of using Airbnb.

Apartment-sharing startup Airbnb has secured $112 million in financing, allowing the online travel company to reach new markets and grow globally.

Given the very bullish sentiment heading into earnings, FBR Capital Markets said it is not surprised by the pullback in shares of Core Laboratories N.V. (NYSE: CLB) following the company's second quarter earnings release.

Scorching heat across the U.S. Midwest has almost certainly cut corn yields, and it appears that the grain futures market has largely factored this into prices.

At least 16 people have died after two high-speed trains collided in China in a freak accident that also sent scores to the hospital.

At least 16 people have died after two high-speed trains collided in China in a freak accident that also sent scores to the hospital.