The meltdown in the oil market is not over yet. That's the message from Jeffrey Gundlach, the star bond investor who predicts oil will plunge another $10 (it's $80 a barrel now). While another decline in oil prices would bring smiles to American consumers -- think around $2...
Oli Scarff | Getty Images Lloyds Banking Group will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter told Reuters on Wednesday...
STOCKHOLM-- Nokia Corp. gave a more bullish full-year financial outlook on Thursday after swinging back to profit in the third quarter partly because of a 13% rise in revenue as the Finnish telecom-equipment supplier deployed high-speed mobile networks in North America and China...
Nike Inc. (NKE), the National Football League’s main apparel sponsor, told the NFL it was unhappy with how the organization handled domestic violence by players, Chief Executive Officer Mark Parker said...
Market movers today Main release will be US CPI for September.Inflation has been subdued in the past months with monthly changes in core CPI being low. However, the flat reading m/m last month was partly due to some one-off factors and core CPI is expected to have risen...
EUR/USD The euro slipped against the dollar and the yen on Tuesday following reports that the European Central Bank is considering corporate bond purchases and could decide on the matter as...
If one lesson was learned last week it should have been that a sound and sensible portfolio is usually well diversified. That is not just a consideration for the “bond book” or the “equity book” that separate, yet under-one-roof fund managers run. It is the case for their combined books, i.e...
Apple Inc. (AAPL), maker of the iPhone and the iPad, received a patent on a technology that would let smartphone users locate their vehicles and start them from the outside...
Johnson & Johnson (JNJ) plans to have 250,000 doses of experimental Ebola vaccine ready for clinical trials in May, potentially putting it ahead of GlaxoSmithKline Plc (GSK) in the race to combat the virus that has killed thousands in West Africa...
The Cable has already declined by over 100 pips today from the daily high (1.6130) to trade at 1.6011 at the time of writing. This downside acceleration transpired after the Bank of England (BoE) Minutes release painted a far bleaker picture on the UK economic outlook than previously expected...
As someone who has worked in the publishing side of free to play video games for over seven years, virtual currencies have been part and parcel of my job since about 2007...
Surging interest in Bitcoin is not translating into commensurate investment, as most potential investors are bogged down with apprehensions over virtual currencies, owing to the lack of regulation...
In an address at Benjamin N. Cardozo School of Law, New York State Superintendent Benjamin Lawsky detailed what will be the first state level regulations for Bitcoin and other virtual currency...
Remember when a 4-inch display was considered a nicely sized phone? With phones like the Samsung Galaxy S5 and Note making large screens the norm, even Apple found itself unable to resist the call of the big, bad phablet. The result...
America has been at the forefront of the technological revolution since its inception. With ample funding from venture capitalists, consumers eager to try new gadgets, top-notch universities supplying computer scientists,... Read more -> Sources...
Christophe de Margerie’s last act as chief executive officer of Total SA (FP) left no room for doubt about his feelings toward Vladimir Putin’s Russia. In a Moscow speech hours before the plane crash that took his life two days ago, de Margerie said U.S...
Can you put a price tag on digital paradise? Of course.You can even get paid in real money. How much would you pay for a piece of imaginary real estate? Anshe Chung has made millions renting it. Maybe your investment portfolio needs to include more fake property...
Hong Kong stocks are beating every other developed market in the world this month as lower valuations shelter shares from a global selloff and the city’s worst political unrest since the 1960s. The MSCI Hong Kong Index rallied 3...
Second Life's First Millionaire Posted by: Rob Hof on November 26, 2006 Anshe Chung, the virtual land baroness that I highlighted in my cover story earlier this year, My Virtual Life, has apparently become the first millionaire in Second Life. That’s millionaire in real U.S. dollars...
