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Americans enjoy less economic mobility than their peers in Canada and much of Western Europe in part because of the depth of poverty, family background and the gaps between the rich and the rest.
Philipp M. Hildebrand bought and sold currency as he was directing monetary policy to control the rise of the Swiss franc, a magazine reported.
AP - U.S. album sales rose more than 3 percent last year for the first gain since 2004 — a sign that rising digital sales are finally stemming the decade-long decline of compact discs.
Talks between Israel and the Palestinian Authority in Jordan are taking place in a region in which political Islam is emerging as a potentially transformative force.
We’ve heard many stories that camera phones are changing the world, they’ve long overtaken standalone shooters on Flickr, for example, but in Japan it seems that the rise of the...
Attackers threw a bomb into a Muslim school in southern Nigeria, injuring at least seven, police said Wednesday, just days after a spate of bombings of churches by an Islamist sect renewed fears of sectarian violence spreading across the country.
Since the rise of the Internet in the '90s, the web has shown no signs of slowing down. We've watched the birth and evolution of social media, e-commerce and online video entertainment.
Asian stock markets were mostly higher Monday amid hopes that a summit of European leaders later this week will yield a breakthrough for fixing the continent's sovereign debt crisis.
(Reuters) - U.S. auto sales rose 14 percent in November, paced by gains at Chrysler Group LLC and Volkswagen AG, as consumers returned to showrooms even without the lure of a big year-end sale.
The failure with the launch of Phobos-Ground space probe, especially against the background of the successful launch of the US Martian mission, gave rise to a wave of rumors and versions. Even if the fact of foreign interference is determined, no one will ever hear the official confirmation to that. Russia is forced to resort to competitors
The daughter Muammar Gaddafi has urged the Libyan people to rise up and overthrow the transitional government which toppled her father's regime.
(Reuters) - "Cyber Monday" was on course to set another record for retail sales on Monday, as the strong start to the holiday shopping season continued online. Online sales as of 6 pm Eastern time in the U.S. were up 15 percent versus the same period last year, IBM Benchmark, a unit of International Business Machines, said. ChannelAdvisor, a software company that helps retailers sell more online,
The "venture capital industry" does not exist, says serial entrepreneur Marc Andreessen. Rather, the landscape is a loosely-affiliated network of over 600 investment organizations, with only about 30 firms performing well and returning profit overall. In parallel, there is a rise in seed funding for new ventures and a rise in latter-stage investing for established companies as well. View more cli
WASHINGTON (Reuters) - Senator John McCain predicted on Tuesday a third political party will emerge in response to Americans' economic frustrations and said it might as well be called "the Fed-Up Party."
Some of us are perfectly happy with the iPhone 4S — but it’s starting to feel like we’re in the minority. First came “…
LONDON (Reuters) - World stocks and the euro edged up on Wednesday after a rollercoaster week, as investors hoped for comfort on the weak U.S. economy and troubled euro zone from meetings of the U.S. Federal Reserve and Group of Twenty leaders.
The notorious Y2K problem did not cause any problems as the world was celebrating the beginning of the new millennium. A similar problem occurred on October 30 2011 in Russia. The problem turned into the rise of the machines as they simultaneously switched to winter time in spite of the fact that Russia currently lives in summer time only
The move to sell yen for dollars is a bid to tame a rise in the currency that is threatening the nation's export-led recovery.

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