U.S. stocks are vulnerable to losses because they are the most expensive relative to earnings in more than five years, according to Robert J. Shiller, a co-winner of this year’s Nobel Prize in Economic Sciences.
U.S. stocks rose, sending the Standard & Poor’s 500 Index to the highest level since September, on speculation lawmakers were making progress toward an agreement on raising the debt limit to avoid a default.
Tractor-trailer trucks carrying oil, water and sand to drilling sites are lined up at one of two stoplights in Fairview, Montana, as the mayor tries to figure out how to squeeze more people into his town.
China and Japan, which together hold more than $2.4 trillion in U.S. Treasuries, raised pressure on the U.S. to resolve a political impasse on its debt ceiling that threatens to destabilize global financial markets.
The dollar slid to the weakest since February as appetite for higher-yielding assets rose on bets the Federal Reserve will delay tapering stimulus after a last-minute deal pushed the political battle over U.S.
SINGAPORE, Oct 17 (IFR) - Chinese rating agency Dagong hasdowngraded the United States to A- from A and maintained anegative outlook on the sovereign's credit.The agency suggested that, while a default...
If Washington doesn't reach a deal soon to keep paying its bills, an economic crisis could start unfolding so quietly on Thursday it will give little hint of its potential to throw millions of Americans ...
Toyota Motor Corp. has long held out hydrogen as the ultimate alternative to gasoline for powering autos. Soon, consumers will be able to kick the tires of its fuel cell-powered car and those of other automakers.
The rich are getting even richer. The top 1% control 46% of the world’s assets -- and 86% of global wealth is owned by the richest 10%. Yet two-thirds of the world’s adults have wealth of less than $10,000.
SEOUL (Reuters) - North Korea said on Tuesday its military would be put on high alert and be ready to launch operations, stepping up tension after weeks of rhetoric directed against the United States and...
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