Sears stock plummets as its CEO offers a $400 million loan
Sears Holdings Co. stock fell by 9.4 percent on Tuesday following news that its chairman and CEO will be providing the company with a...
US stocks recover after Fed says rates won’t increase
American stocks gained momentum and markets improved as investors anticipate that the Federal Reserve will continue with low interest rates. The Dow closed today...
NASA to spend billions on revolutionary space taxis
Boeing and SpaceX have both been contracted by NASA to develop commercial space taxis, which are capable of transporting astronauts back and forth from...
German investor sentiment falls again
German investor sentiment in September fell again, the ninth successive month of decline, according to ZEW (Zentrum für Europäische Wirtschaftsforschung - Center for European...
CEOs say US economy underperforming next six months
CEOs say the US economy will be underperforming during the next six months, according to the 3rd quarter 2014 CEO Economic Outlook Index published...
US poverty rate fell in 2013
For the first time since 2006, the US poverty rate fell in 2013 as more Americans moved from part-time to full-time work - the...
Combating corporate tax avoidance globally, OECD
Firms like Google, Amazon and Starbucks have hit the headlines this year for pursuing strategies to avoid paying corporate tax. The OECD today issued...
Russian ruble plunges further
The Russian ruble plunges further as economic sanctions bite harder and investors despair at the fiscal impasse the country has created for itself. The...
UK August inflation declines to 1.5 percent
UK August inflation fell to 1.5% on an annual basis, from 1.6% in July, says the Office for National Statistics (ONS). Falling prices in...
Allergan shareholder meeting agreed to discuss Valeant proposal
An Allergan shareholder meeting to discuss the takeover offer by Valeant Pharmaceuticals International has been agreed. The meeting, which will be held on December...