January 25th, 2012
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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November 19th, 2011
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October 24th, 2011
China said Monday that two officials have been jailed for leaking economic data to securities brokerages and four people who work in the financial industry are being investigated.
The National Administration for Protection of State Secrets said the officials shared classified data numerous times though it gave no specific details about the information or the impact […]
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October 14th, 2011
Premier Silvio Berlusconi has survived a confidence vote in parliament, but his narrow majority raises doubts over his ability to govern effectively when Italy needs a steady hand during its economic crisis.
Berlusconi’s conservatives won the vote in the lower house of parliament Friday 316-301.
THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. […]
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October 9th, 2011
The leaders of Germany and France, the eurozone’s two biggest economies, say they have reached agreement on strengthening Europe’s shaky banking sector.
German Chancellor Angela Merkel says she and French President Nicolas Sarkozy “are determined to do the necessary to ensure the recapitalization of Europe’s banks.”
Merkel spoke after talks with Sarkozy at Berlin’s chancellery Sunday aimed […]
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September 25th, 2011
Powerful Hurricane Hilary is moving away from Mexico but is still churning up dangerous surf in the Pacific.
Hilary was still a Category 4 storm late Saturday morning, with maximum sustained winds near 140 mph (225 kph).
The hurricane is not forecast to make landfall, but the U.S. National Hurricane Center says Mexico’s coast has been affected […]
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September 16th, 2011
LONDON
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August 30th, 2011
A new round of fierce fighting in southern Yemen killed 10 soldiers and 26 militants, military officials said Monday, the latest battle in a government campaign to retake territory from al-Qaida-linked fighters, .
Another 38 militants and about 30 soldiers were wounded in the clashes that took place near the city of Dufas in the southern […]
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August 25th, 2011
Venezuelan President Hugo Chavez said Wednesday that he may undergo another round of chemotherapy next week.
Chavez said he feels he is overcoming his illness. When he mentioned cancer, he described it in the past tense saying: “I had it.”
The 57-year-old Venezuelan leader recently shaved his head after his hair began to fall out as a […]
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August 4th, 2011
One of the myths surrounding the 33 miners who were so dramatically rescued after being trapped for 69 days deep inside a Chilean copper mine is that they’re all millionaires and no longer need to work.
The truth: nearly half the men have been unemployed since their mine collapsed one year ago Friday, and just one, […]
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