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Data on the health of the US economy is sending investors mixed signals but investors should be more worried about the weakness of the consumer than the strength being shown by the manufacturing sector according to Kevin Logan, the chief US economist at HSBC.
For three decades, wealthy nations have invested hundreds of billions of dollars in China, helping drive one of the most remarkable economic booms in history. Now, China is poised to return the investment favor. The NYT reports.
With silver prices tumbling for a third straight session, traders are questioning if its record-breaking rally in recent months is finally over.
The orders started coming in just minutes after President Obama formally announced the death on Sunday night. People wanted their flags.
The killing of Osama bin Laden is a positive event for Pakistan's economy and stock market, despite doubts about whether the country's military was complicit in hiding the Al Qaeda leader, according to a strategist.
The euphoric scenes that met the death of Osama Bin Laden will not boost President Barack Obama’s re-election hopes, according to Alastair Newton, a political analyst at Nomura in London.
A member of the US Senate Intelligence Committee has told CNBC that the death of Osama Bin Laden was a direct result of enhanced interrogations.
Most of us listen to the voice or at best do a mumble, but tonight, do yourself a favor and sing the thing. I'm talking about the National Anthem and God Bless America. Thanks to the killing of Osama Bin Laden last night, tonight's renditions before sporting events seem to have a little more meaning. If you're in the stands, sing it. If you're at home, sing it.
The United States can't make too many conclusions about what the death of al Qaeda leader Osama Bin Laden might mean for the economy, the political process or decision-making in Washington, David Stockman, former OMB director under President Reagan, told CNBC Monday.
U.S. forces finally found al Qaeda leader Osama Bin Laden not in the rugged mountains of Afghanistan's border, but in a million-dollar compound in an upscale suburb of Pakistan's capital, with his youngest wife, U.S. officials said early on Monday.
A group of the largest US banks and fund managers stepped up the pressure on Congress and the Obama administration to reach a deal to increase the country’s debt limit. The FT reports.
Leading European telecoms companies want to levy significant charges on Google and other online content providers through an overhaul of the regime governing how data travel over the internet, the FT reports.
Last Friday’s New York Times ran an article featuring my hometown, Croton-on-Hudson, New York. Croton-on-Hudson is located in Westchester, County and filled with hardworking men and women who were attracted to the town due to its vibrant community, good neighbors and strong school system.
As you likely know a controversial S&P downgrade triggered a broad market sell-off? But was the selling really warranted?
Bahrain backed off a move to dissolve the country's main opposition block on Friday following strong criticism from the Obama administration.
Spending by rich Americans on luxury goods is set to grow by $26.6 billion in 2011, with the number of affluent families planning to spend more almost doubling in the past three years, a poll found Friday.
In 2009, as the financial crisis entered its darkest days, G20 leaders descended on London for a meeting aimed at bringing the world economy back from the brink.
What does the rise of libertarianism portend for the future of the US? This is not a question of interest to Americans alone. It matters almost as much to the rest of the world.
Low market volumes and stiff competition have led to a sharp fall in “high-frequency” trading as industry experts warn that the past two years of rapid growth may be coming to a halt, reports the Financial Times.
Kevin Logan, chief US economist at HSBC believes the Federal Reserve created the conditions for investors to party hard. The big gains in equities, commodities and risky assets showed this policy certainly got the party going, but there are rumors that someone wants to start making coffees and pour away the rest of the punch.