Chinese industrial profits declined at the fastest pace in 27 months in November, official data revealed Saturday. Industrial profits fell by 4.2 percent from last year to CNY 676.12 billion, the biggest decrease since August 2012, the National Bureau of Statistics ...
HOUSTON - States dependent on oil and gas revenue are bracing for layoffs, slashing agency budgets and growing increasingly anxious about the ripple effect that falling oil prices may have on their local economies.
Swiss banking giant Credit Suisse can be prosecuted for its role in the US housing finance meltdown, according to a court decision which dismissed the company's bid to halt a suit.
In its annual post-Christmas debrief, the company also touts the coming expansion of its one-hour delivery service, mobile shopping and Fire TV.
NEW YORK (MarketWatch) - Santa continued to shower gifts on stock-market investors, as the S&P 500 index and the Dow Jones Industrial Average once again closed at record levels.