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U.S. stock futures pointed to a higher open Wednesday, a day after Wall Street suffered its biggest one-day drop this year, following a handful of better-than-expected economic news.
Powerful, visionary chiefs can create billion-dollar brands. Steven Jobs at Apple and Mark Zuckerberg at Facebook are often-cited examples. But we’ve recently seen some illustrations in the takeover world of the dark side of the chief executive. Being powerful and visionary, or at least thinking you are, can lead corporate chieftains to great heights, but also to extreme narcissism. And the victims are often shareholders, the New York Times reports.
Developed markets are likely to continue their upward trend and may post gains of 15 percent in the coming months, according to Kevin Gardiner, Head of Global Investment Strategy at Barclays Wealth.
Stocks closed sharply lower Tuesday, with the Dow posting its first triple-digit decline in 2012, fueled by fears over a Greek default and amid economic growth concerns.
U.S. stock index futures fell sharply Tuesday amid renewed concerns that Greece and its private bondholders would not meet the deadline to complete a debt swap and ahead of the Super Tuesday primaries.
Markets should be poised for a 5 percent correction from their current levels as the global economy remains choked by the ongoing euro zone debt crisis and the rising oil prices pose a threat, a CEO told CNBC Tuesday.
UK regulators and global banks are discussing a potentially far-reaching overhaul of the calculation and regulation of interbank lending rates, amid claims that the benchmark for $350 trillion contracts worldwide may have been subject to manipulation. The FT reports
Stocks finished off their worst levels Monday but still ended in the red as renewed concerns over Greece and slowing growth in China overshadowed better-than-expected economic news in the U.S.
U.S. stock index futures were lower on Monday, following reports showing a slowdown in European private sector activity and after China lowered its growth target.
Despite the lingering debt crisis and an incubating recession in many nations of the European Union, many global companies say they are maintaining or even increasing their investments in the euro zone and elsewhere on the Continent. The NYT reports.
Stocks eased off their lows but still failed to close in positive territory Friday, as gains were limited following a robust rally in recent weeks and no major news on the economic front gave investors little reason to jump in.
U.S. stock index futures pointed to a slightly lower open on Wall Street on Friday as investors took profits on Thursday's gains fueled by mostly positive economic data.
As state funding has dwindled, public colleges have raised tuition and are now resorting to even more desperate measures — cutting training for jobs the economy needs most. The New York Times reports
U.S. stock index futures held their modest gains Thursday, after jobless claims declined in the previous week to hold near four-year lows.
Stocks closed in the red Wednesday as Bernanke dashed hopes for further monetary stimulus during his speech to Congress on the economy. Still the S&P logged its best February since 1998 and the Nasdaq briefly topped 3,000 in intraday trading for the first time since December 2000.
U.S. stock index futures held gains Wednesday, following a better-than-expected GDP report and after European banks took up more than 500 billion euros in an effort to stabilize the region's financial system.
Last year was one of the worst on record for hedge funds, but the industry appears to be shrugging off the bad times. According to Deutsche Bank's latest Alternative Investment Survey, hedge fund assets are expected to rise 12 percent to a record $2.26 trillion this year.
Stocks logged a gain Tuesday despite mixed economic reports, with the Dow finishing above 13,000 for the first time since May 2008 and the S&P closing at its best level in almost four years.
The Brookings Institution analyzed the financial data of the world’s largest metropolitan areas and uncovered some interesting findings. Check out which cities were the most productive.
U.S. stock index futures erased their early gains to nudge into negative territory Tuesday following a handful of disappointing economic reports.