Business News

During the SEC’s day emergency order to ban naked shorting, investors flocked to the ETF market, which allows similar betting against stocks. Now that the rule has expired, who will be affected?

The money-saving and energy-conserving skills of entrepreneurs in Africa are creating a wide range of inspiring gadgets and life-changing initiatives.

The Producer Price Index (PPI), which measures prices at the factory door and inflation pressures before they reach the consumer, jumped 1.2% in July and 9.8% in the past year, according to a Labor Department report released Tuesday.

Construction of homes and apartments fell in July to the lowest level in more than 17 years, the government reported Tuesday.

Home Depot Inc , the world's largest home improvement retailer, reported higher-than-expected quarterly profit on Tuesday as it held down costs and consumers took on spring projects.

New York platinum continued its downward spiral Tuesday falling 3.1 percent. Silver and gold, on the other hand, experience gains after oil’s surge and the US dollar’s decline.

There's a new trend in dressing down for work; it appears that the less you care about clothes, the more you care about your job.

Battered US financial groups will have to refinance billions of dollars in maturing debt over the coming months, a move likely to push banks' funding costs higher and curb their profitability, say bankers and ...

The Gold Anti-Trust Action Committee (GATA) reported Friday that the United States Mint has suspended sales of American Eagle gold coins to their network of Authorized Purchasers.

Netflix Inc. said Thursday that major technical problems over the past three days have severely limited the number of DVDs it could send out.

The buck may be turning into a bull. The U.S. dollar extended its recent rally against major currencies on Friday as commodities fell and European and Japanese economies faltered.

Precious metals took brutal body blows this week with London silver, gold and platinum falling 16.4 percent, 8.9 percent and 10.8 percent respectively. A dominating U.S. dollar matched against weaker global currencies helped push the metal losses. Falling crude oil played its part as well.

Wal-Mart Stores Inc. raised its full-year earnings forecast Thursday after second-quarter profit rose more than expected, helped by tight inventory controls and a renewed focus on low prices that is attracting ...

The Federal Aviation Administration has accused American Airlines of safety and drug-testing violations.

New York gold poked its head out of an eight day dark hole Wednesday only to jump back into it Thursday by dropping its previous day’s gain. Silver and platinum were also daily losers as investors eyed declining oil prices and a strong US dollar.

Texas oil billionaire T. Boone Pickens said on Thursday crude prices may soon fall as low as $110 a barrel amid falling gasoline demand, but should not sink below $100 because the United States depends heavily ...

Wal-Mart Stores Inc reported a 17 percent rise in profit and raised its full-year forecast as shoppers seek low prices, but cautioned that a difficult global economy was heaping pressure on consumers.

The annual inflation rate climbed to 5.6% in July — the fastest growing rate in 17 years, according to Labor Department figures released Thursday.Consumer prices jumped 0.8% in July, nearly double the level economists expected. It follows June’s 1.1% increase.

The biggest culprit in inflation’s increase was energy costs, which jumped by 4% on a monthly basis and 29.3% annually. On a somewhat optimistic note,

BMW AG is recalling 200,000 vehicles over concerns that the front passenger air bag may not deploy in a crash.

New York gold recovered some of its luster Wednesday as did silver and platinum. After eight consecutive sessions of losses, gold finally pushed its way up with today’s rising oil prices and a slippage in the U.S. dollar.