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(Reuters) – India’s economy will grow at its slowest pace in a decade this fiscal year, with tight monetary policy, political gridlock and a weakening global economy prompting analysts...
Full Story by Matt Kaludi
MADRID (Reuters) – Hundreds of unemployed Spaniards who had walked hundreds of kilometers (miles) to Madrid joined protests on Saturday against Prime Minister Mariano Rajoy’s government...
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Treasury yields fell close to all- time lows as an almost insatiable desire for the safest assets amid signs global growth is stalling helped the U.S. draw record rates at 10- and 30-year debt auctions. U.S....
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PARIS—Investors abandoned Peugeot SA in droves Friday, driving its share price to its lowest level in over a quarter century, as a potential credit downgrade and a worsening outlook for the European...
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BEIJING (AP) — China’s economic growth fell to a three-year low, and a potential recovery later this year will probably be too weak to pull the world out of its slump. The world’s second-largest...
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Despite the recent run of disappointing economic data, a broad range of experts and forecasters expect the economy to improve slightly in coming months, thanks to lower oil prices and new signs of...
Full Story by Matt KaludiBusiness and Financial news from all over the world
Latest Market trends, Up & down reports and the financial gossip
Wells Fargo reported its 10th consecutive quarter of earnings growth as a result of a booming business originating and refinancing mortgages. The bank’s second-quarter profit was a record $4.6 billion, a 17 percent rise from the $3.9 billion profit it reported a year earlier. The San Francisco-based company earned 82 cents a share, above the 81 cents expected by the analysts polled by SNL Financial. Wells...
CHICAGO (Reuters) – Russell Wasendorf Sr was arrested on Friday after allegedly stealing more than $100 million from clients of his now-bankrupt brokerage PFGBest, using little more than a rented P.O. Box, Photoshop and inkjet printers to dupe regulators for decades. In the dramatic conclusion...
A mining company is concerned the postponement of public hearings on its NICO project could delay construction plans and add another year to a project that’s already taken three-and-a-half years to review. Fortune Minerals Ltd. wants to build a cobalt-gold and...
NEW YORK (Reuters) – A state judge on Friday temporarily blocked plans by Martha Stewart Living Omnimedia to sell certain branded products at J.C. Penney stores. The preliminary injunction was a win for Macy’s , which has sued Martha Stewart Living claiming...
CHICAGO (MarketWatch) — In a world where financial rescues dominate headlines, U.S. government bond funds played hero yet again, rescuing portfolios in a tough second quarter. Sound familiar? Analysts have been pegging the end of the decades-long (and surely stretched?) Treasury rally ad nauseam. But Europe’s festering credit crisis, weakening Chinese...
Totsy, a flash sales site for baby and prenatal care products, announced today that it’s raised $18.5 million in series B financing from Rho Ventures and DFJ Gotham. Named one of America’s Most Promising Companies by Forbes in December...
Before you jump into the markets, take the time to learn from the missteps of novice investors. Here are three common first-time investing mistakes. Not having a plan A common mistake among first-time investors is that they lack a solid...
Europe’s debt crisis has many American investors closely watching the euro. Since the euro can impact U.S. investors, Americans should be aware of the euro’s worth. Chuck Butler, president of EverBank World Markets and author...
Even people who are relatively happy at work go through periods when they hate their jobs—for days, weeks or even months at a time. Just read between the lines of the recent obituaries of CBS newsman...
The old distinctions between leaders and followers are gone. Great followers follow by leading. Here’s 11 ways to make sure you do just that. In 1982 I left a great job at MTV: Music Television for...
Social media platforms allow customer networks to be bigger, faster and better organized. They increase the downside of getting service wrong and the upside of getting it right. The effects are both direct...
In The Performance Pipeline author Stephen Drotter describes a pipeline model that helps leaders at all levels address four leadership imperatives. The Performance Pipeline model focuses attention on each...
LG Display has agreed to pay $380m (£246m) to settle an LCD panel price-fixing case in the US. The company denied doing anything wrong, but said it had agreed to a settlement to avoid “the expense...
If you’re an audiophile who waxes nostalgic when it comes to the classic Walkman audio cassette and CD players — you’re in luck. There’s a new Sony (SNE) Walkman out, though if...
The popular social news-aggregator website Digg has been sold to New York-based tech development firm Betaworks for a reported $500,000 US, much less than the $160 million US at which it was once valued...
Netflix is more popular among couch potatoes than investors a year after its polarizing decision to raise U.S. prices for video subscription services. The unexpected twist that Netflix unveiled a year...
