Gold rose by nearly 2 percent on Tuesday, fueled by a recovery in the euro against the dollar, after the bullion price neared six-month lows last week in a flurry of year-end selling.
There are only hours left for Iowans to choose their Republican presidential nominee. The top two candidates seem set for a dead heat finish, while a third is trying to make the best use of a last minute and surprising surge forward in polls.
U.S. authorities hunting in Swiss banks for suspected tax cheats have a new weapon in their arsenal: an arcane but aggressive legal maneuver more commonly used against drug smugglers, money launderers and Imelda Marcos, widow of the Philippine dictator.
Google+, Google’s challenge to Facebook, is adding 625,000 daily users and already may have as many as 62 million signed up, unofficial statistician Paul Allen claimed.
Morgan Stanley (MS) will axe 580 jobs in various sites in New York City due to economic reasons. The rolling layoffs began on Dec. 15 and the company has not identified a closing date, company filings with the New York Department of Labor showed Tuesday.
The Financial Industry Regulatory Authority (FINRA) said Monday it was fining the American brokerage unit of Swiss banking giant Credit Suisse $1.75 million for violating rules regarding the controversial market-making practice known as "naked" short-selling.
Sears will be closing between 100 and 120 Sears and Kmart stores soon due to poor holiday sales.
Poor holiday sales at Sears and Kmart across the country are causing the Sears Holding Corp. to close between 100-120 of its over 4000 stores.
UBS will sacrifice its place in the top ten investment bank rankings as stricter capital rules force it to give up riskier fixed-income business, the Swiss bank's financial head said.
UBS will sacrifice its place in the top ten investment bank rankings as stricter capital rules force it to give up riskier fixed-income business, the Swiss bank's financial head said.
AT&T has dropped its controversial $39 billion bid for Deutsche Telekom's U.S. wireless unit, bowing to fierce regulatory opposition and leaving both companies scrambling for alternatives.
European shares advanced in light mid-session trade on Monday at mid-day, led by a sharp rebound in auto stocks, although sentiment remained subdued after negative Fitch comments on the Eurozone crisis and the death of North Korean leader Kim Jong-il.
U.S. officials are offering 11 Swiss banks -- Credit Suisse among them -- a deal that would allow them to avoid criminal prosecution in exchange for revealing full details of their U.S. offshore business to Washington, a paper reported on Sunday.
World stocks rose on Friday after upbeat U.S. data and corporate results, while concerns over the European banking sector and nervousness about potential ratings downgrades in European sovereign debt underpinned German government bonds.
If Indian policymakers are hoping the country's slowing economy can rebound largely the same way it did from the 2008 global financial crisis, they are dreaming. India's economic slowdown is likely to prolong.
Swiss and U.S. officials have met in recent days in Berne, Switzerland, to try to end a long-running dispute over wealthy Americans using secret Swiss accounts to dodge taxes, and they seem to be getting closer to a deal, two newspapers reported Sunday.
