Gold prices edged lower Friday as an increasingly stronger dollar made the metal more expensive for non-U.S. buyers and some investors decided to book profits on what is shaping up to be a robust start to the year.
Apple's recently announced iBook 2 on Thursday marks the most ambitious attempt by Apple to revolutionize the education system in the U.S.
Moody's Investors Service, the credit rating agency of Moody's Corp , warned on Thursday that it is likely to make further cuts in credit ratings of many European banks and global investment banks.
Bank of America Corp (BAC.N) may give shares worth $1 billion to employees instead of cash as part of bonuses and hold back on dividend increases and buybacks, as the second-largest U.S. bank grasps for ways to boost its capital levels.
Moody's Investors Service warned Thursday that many European banks and global investment banks are likely to see their credit ratings further downgraded by the agency.
There's a new seed stage investor in town. Brooklyn Bridge Ventures, which set up shop at 20 Jay Street in DUMBO, is looking commit up to $500,000 and lead investments in seed and angel stage rounds for new internet-based companies.
Canada's moment in the sun as the fastest-growing economy in the G7 club of rich countries is set to end this year, when it will likely underperform the U. S. for the first time in seven years and struggle with a mounting household debt problem.
Russian miner Norilsk Nickel is expecting to reduce production this year to adapt to a slight fall in global metals demand, its CEO said on Thursday, but does not see a slump into another global economic crisis.
David Cameron wonders if bank heads make too much in bonuses.
An increase in unsafe abortions continues to put women's health in jeopardy, despite a worldwide decline in abortions, a new study has found.
The Rangers signing of Yu Darvish appears to take them out of the running for slugger Prince Fielder, but where exactly does he end up now?
For Chinese shipping executive Ping Bo buying gold is the best way to protect his family's wealth and give his 10-year-old son a headstart into adulthood.
The top pre-market NASDAQ Stock Market gainers are: F5 Networks, Xilinx, Riverbed Technology, Golar LNG, Altera, Logitech International, eBay, and Apple. The top pre-market NASDAQ Stock Market losers are: Neurocrine Biosciences, Vodafone Group, Research In Motion, and Huntington Bancshares.
Morgan Stanley (MS.N) lost money in the fourth quarter due to a special charge, but performed better than analysts had expected, sending its shares higher in premarket trading.
Samsung's $41 billion investment splurge should ring alarm bells at its competitors. It's a bold bet in a slowdown, if its bet pays off Samsung could lengthen its lead over the likes of Apple.
Japan's Nikkei average hit a five-week closing high on Thursday, soaring past its 75-day moving average as the euro climbed on news that the International Monetary Fund is seeking to bolster its funds to stem the euro zone sovereign debt crisis.
Federal authorities announced at a press conference on Wednesday that seven individuals were brought up on insider trading charges as part of a five-year investigation conducted by the Justice Department.
China faces what could be its worst year of growth in a decade with policy firepower that developed nations can only dream of.
In late October, as MF Global Holdings Ltd teetered toward bankruptcy, Jon Corzine phoned his close-knit circle of Wall Street friends for help.
Hedge fund titan Steven A. Cohen is once again in the spotlight over allegations of improper trading at his $14 billion SAC Capital Advisors.
U.S. prosecutors charged seven people, described as a circle of friends who formed a criminal club, with running a $62 million insider trading scheme - the latest salvo in a years-long probe of suspicious trading at hedge funds.
Former House Speaker and current Republican presidential candidate Newt Gingrich said the United States should consider returning to the gold standard.
