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NEW YORK- Nasdaq OMX Group Inc said on Monday it is changing its initial public offering trading procedures following glitches in Facebook Inc
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U.S. Senate Majority Leader Harry Reid moved to force a vote on two nominees to the Federal Reserve Board, setting the stage for a vote as early as this week.
Reid, who filed a procedural motion today, said the U.S. needs a
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The euro-region economy will return to growth in 2013 with only Spain among its 17 members remaining in recession, the European Commission said.
Gross domestic product will rise 1 percent in 2013 after declining 0.3 percent in 2012, the commission said today. While Greece will have the deepest slump this year, with GDP declining 4.7 […]
The Federal Reserve has for the first time given approval for a large Chinese bank to purchase a U.S. bank. It also gave approval to two other large Chinese banks to expand their operations in the United States.
The Fed board announced Wednesday it was approving the application of the Industrial and Commerce Bank of China […]
Egyptian armed forces and protesters clashed in Cairo on Friday, with troops firing water cannons and tear gas at demonstrators who threw stones as they tried to march on the Defense Ministry, a flashpoint for a new cycle of violence only weeks ahead of presidential elections.
It was the second time this week that clashes have […]
At first blush, it may not seem like an honor to be called the best city for cheapskates.
But upon further reflection, St. Louis’ clinching of the top spot in Kiplinger.com’s list of top 10 cities for cheapskates may just be something to brag about.
After all, the website came up with the list by comparing a […]
Consumer confidence in the U.S. dropped last week by the most in more than a year as perceptions of personal finances and the buying climate dimmed.
The Bloomberg Consumer Comfort Index fell to minus 35.8 in the period to April 22 from minus 31.4 the previous week, the biggest decline since March 2011. A gauge […]
The biggest gain in consumer spending in a year probably helped the U.S. economy keep expanding in the first quarter even as fuel costs climbed, economists said before a report this week.
Gross domestic product, the value of all goods and services the nation produced, rose at a 2.5 percent annual rate after advancing 3 […]