UAE markets seen “limit down” on Monday open

UAE markets will face intense selling pressure when they reopen on Monday in the first post-holiday trading after Dubai shocked global markets last week […]

Paypal sees big online holiday shopping spike

PayPal, eBay Inc.'s payment processing subsidiary, said Friday that it saw a 30 percent increase in the volume of U.S. payments on Thanksgiving Day compared […]

Forbes: Colorado in top 10 for women’s salaries

Colorado women have something to be thankful for: We're in top 10 of Forbes.com's latest list of top-earning states for women.
The business-news website and magazine […]

October U.S. new home sales seen rising 2 percent

Sales of new U.S. single-family houses likely climbed in October, but forecasts varied widely on the impact of the first-time homebuyer tax credit, a […]

Despite mayor’s optimism, downtown Phoenix feels real estate, consumer stress

Phoenix Mayor Phil Gordon extolled the economic resilience of downtown Phoenix this week during this annual “State of Downtown” speech.
Gordon said Arizona State University’s expansion […]

GM parts with its public face

General Motors of Canada Ltd. has eliminated its long-time public face.
Stew Low, GM’s director of communications for the past 15 years, confirmed Friday that he […]

Global corporate accounting fraud up sharply: survey

Global companies have seen a sharp rise in accounting fraud over the past 12 months, as the pressures of the recession have weighed on […]

‘Road Trip’ Shows U.S. Stimulus Falls Short, ING Says

President Barack Obama’s $787 billion stimulus program will fall short of its jobs target, ING Financial Markets economist Rob Carnell said after a tour […]

Gold hits fresh record high

Gold touched a fresh high above $1,030 an ounce in Europe on Monday as momentum from recent gains and a slide in the dollar […]

Buffett says his businesses bottomed

Billionaire Warren Buffett said that while his businesses have bottomed after the worst financial crisis in decades, he saw few upticks and ruled out […]