The decision by the International Monetary Fund to include China's currency in its lending basket for reserve currencies on Monday doesn't change investors' dim outlook for the renminbi over the coming year.
LOS ANGELES - Shoppers are spending heavily today, with analysts expecting a record Cyber Monday. Digital firm Adobe, which tracks online sales, expects Cyber Monday to hit a record $3 billion in sales, which would make it the largest online sales day ...
Slightly more Americans signed contracts to buy homes in October, in a modest rebound that suggests the real estate market has crested.
NEW YORK The dollar edged up against major currencies on Monday, on expectations for further stimulus from the European Central Bank in what has been a strong month for the greenback.
Bill Gates, the world's richest man, led a group of philanthropists in vowing to plow $2 billion into clean energy through personal investments and a new fund to be set up next year.