Obama: Recovery depends on middle class
President Barack Obama told the AFL-CIO his administration has “stopped our economic free fall” and is determined to seal a recovery while revitalizing America’s middle class.
Stocks rise on retail, manufacturing data
Investors waded deeper into the stock market Tuesday as a batch of economic reports provided mostly upbeat signals about the economy.
Reserve to keep rates on hold
THE Reserve Bank has added weight to financial market expectations that official interest rates would not be increased next month, saying it was yet to be convinced the economy was on a sustainable growth course.
Intel says $1B EU fine is based on mistakes
Intel Corp. is claiming in court documents that European Union regulators made serious mistakes in levying a record $1.45 billion fine for monopoly abuse last May.
New service helps super-rich on assets
A NEW type of service industry with specially designed financial software is helping the super-rich to keep track of their cash.
Turkish Premier Defends Fine on Media Company
Prime Minister Tayyip Erdogan denied suggestions that a record fine imposed on Turkey’s biggest media company was an attempt to put pressure on opposition media.
Purported New Message From Bin Laden Appears On Terrorist Website
Just days days after the eighth anniversary of the September 11, 2001 attacks, a purported new message from al-Qaeda leader Osama bin Laden has appeared on an Islamist website. The U.S. Intel Center tasked with monitoring electronic media sites says this website has been used in the past for similar ...
International Computer Hacker Pleads Guilty For Attacks On U.S. Retailers
An international computer hacker pleaded guilty on Friday in a Boston courtroom to multiple charges relating to hacking activity and credit card fraud. More than 40 million credit and debit card numbers were stolen from major U.S. retailers as a result of the hacking activity.
Oil dips below $69 on weak dollar
Oil prices dropped below $69 a barrel Monday, hurt by a rise in the U.S. dollar, which tends to weigh on commodities, and a slide in regional stock markets.
China calls for WTO talks on U.S. tire tariffs
China accused Washington of violating World Trade Organization rules by raising tariffs on Chinese tires and demanded talks on the latest and most acrimonious in a string of trade disputes.
Sigma profit rises on healthcare sales
SIGMA’S 5 per cent rise in first-half profit puts it on the road to modest growth for the full year.
Mortgage woes’ impact on credit scores
VantageScore Solutions LLC, whose risk-prediction scores are now being used by some of the largest mortgage companies and banks, has found that the way consumers handle their mortgage problems can have profound effects on their credit scores.
News Analysis: A Somber Warning on Afghanistan
Western powers now in Afghanistan run the risk of suffering the fate of the Soviets there, according to a former adviser to President Jimmy Carter.
Norway Votes as Coalition Finds Itself on Defensive
Norway’s left-leaning prime minister, Jens Stoltenberg, has asked voters to renew their commitment to one of the world’s most advanced social welfare models.
5 weeks on the brink: Reliving the meltdown
For five weeks last year, Wall Street investment houses staggered, or disintegrated outright. The government concocted rescue plans with 12-digit price tags almost impossible to comprehend.
As new father of the greenback, Bernanke’s reputation on the line
Six months after the financial world seemed to be coming to an end, the world’s economies appear to be recovering. Banks that seemed to be on the brink of failure less than a year ago are now able to pay back investments made by the Treasury.
Lava hazard maps causing angst for insurance and mortgage consumers on Big Island
The U.S. Geological Survey’s 35-year-old maps of lava danger zones in this southern corner of the Big Island are a tableau of earthy colors and odd shapes originally meant for scientific and planning purposes.