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European leaders will try to come up with ways to boost growth despite steep budget cuts across the continent when they meet in Brussels on Monday.
The 27 heads of state and government will get a taste of the popular frustration with austerity and high unemployment as they try to get to the summit in a […]
The economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in early 2012.
Gross domestic product expanded at a 2.8 percent annual rate, the Commerce Department said on Friday, a sharp acceleration from the 1.8 percent […]
Ben S. Bernanke achieved one of his primary goals as Federal Reserve chairman yesterday by setting a numeric goal for inflation, advancing his legacy of greater transparency at the world
Filed under: business, technology by Finance Boss
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Stocks are opening mostly lower ahead of a statement from the Federal Reserve and a news conference by its chairman.
The Fed will offer details Wednesday about how long it plans to keep interest rates very low. It also will release an economic forecast. Later, Fed Chairman Ben Bernanke will take questions from reporters.
Traders continue to […]
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In the trend-setting North American market, BlackBerry phones have gone from must-have messaging toys to outdated clunkers _all in the space of a few years. The new CEO of Research In Motion Ltd., the company behind the phones, says it can claw its way back to the top with new software, but analysts are deeply […]
Filed under: Small Business, business by Finance Boss
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Even as anxiety-ridden individuals play it safe in low-yielding bank accounts, professional investors are showing renewed confidence in the stock market.
Bullishness among institutional investors has reached its highest level since last summer, and their buying has been powering the stock market’s surprising early-year advance, according to a new analysis by TrimTabs Investment Research. The Dow […]
Filed under: Small Business, management by Finance Boss
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Apple’s value on the stock market briefly rose to $400 billion on Thursday, a record high for what was already the world’s most valuable technology company.
The company’s market cap slipped below the $400 billion mark by midday as Apple’s (, Fortune 500) stock fell back from the all-time high of $431.37 it set earlier […]
Filed under: Uncategorized, homeowners by Finance Boss
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Standard & Poor’s said Friday that it has downgraded the credit ratings of nine euro area governments, including AAA-rated France and Austria.
S&P lowered its rating for Italy, Spain, Portugal and Cyprus by two notches. The move means Italian bonds are now rated BBB+, dangerously close to the junk bond level that could make […]
A helicopter on Sunday airlifted a third survivor from the capsized hulk of a luxury cruise ship 36 hours after it ran aground off the Italian coast, as prosecutors said they were investigating the captain for manslaughter charges and accused him of abandoning his ship.
Authorities reduced to 17 from 40 the number of people still […]
Filed under: Small Business, homeowners by Finance Boss
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