Intel’s profit beats Wall Street expectations

Intel Corp. posted a fourth-quarter profit that trounced Wall Street expectations Thursday, as the world’s largest microchip maker became the first major technology company […]

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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 […]

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GM CEO starts Opel charm tour at Ruesselsheim HQ

General Motors GM.UL Chief Executive Fritz Henderson was due in Germany on Monday to start talks aimed at soothing workers’ tempers over the carmaker’s […]

Vietnam Expects to Sign Philippine Rice Contracts After Storms

Vietnam expects to start signing rice-export contracts with the Philippines earlier than usual this year after storms damaged harvests in the world’s largest buyer, […]

Obama Wins Higher Ratings From Average Americans Than Investors

President Barack Obama is rated more highly by the general public than by affluent U.S. investors for the job he’s doing and his economic […]

Australian Leading Index Rose 1.1% in July on Stocks, Housing

An Australian index of leading economic indicators rose in July as shares and dwelling approvals climbed.
The index, a gauge of future economic growth, […]

India’s ‘Unprecedented’ Deficit-Cut Plan Feasible, Adviser Says

India’s plan to cut the budget deficit next year by an “unprecedented” 1.3 percent of gross domestic product is possible, a senior policy adviser […]

U.S. Treasury Cancels Plan to Hire Humorist as Dorgan Objects

The U.S. Treasury was trying to bring a little levity to the workplace. Senator Byron Dorgan didn’t find that funny.
The department’s Bureau of […]

U.S. Retail Sales Probably Rose in June, Helped by Discounts

Retail sales in the U.S. probably rose in June for the second straight month as price cuts brought shoppers back into stores, economists said […]

Stimulus spending short sighted - watchdog

Fiscally-stressed states are using their stimulus dollars to satisfy immediate needs rather than undertake longer-term reforms, according to a government report released Wednesday.
For example, […]