The International Monetary Fund is out with the summer update to its World Economic Outlook, its regular assessment of the global economy. It's not that good. The IMF thinks that global growth will be slower this year than it had expected as recently …

The economic depression will linger on in 2013 as deep fiscal retrenchment and internal devaluation take a damaging toll. The prospect of further spending cuts and tax hikes will ensure that demonstrations and national strikes remain a key feature …

Japan's devaluation has unleashed a chain reaction of efforts by its regional competitors to devalue their currencies suggesting that at the very least the pace of their currency appreication is likely to be considerably more volatile in future than …

Android's 70% market share appears to be destroying the competition in European's largest markets, with Apple's iOS coming in a distant second, below 20%. Europe may not be a great area of growth for BlackBerry, but it is clear that the firm is …

China will not take part in competitive devaluation. Q: In its recent report, the People's Bank of China (PBC) described Japan's monetary easing policy as “unprecedented” and expressed its concerns about the possibility that a glut of money in …

Meet The Bourbon So Popular Even Billionaires Can't Find A Bottle. By Tom Gara. You could call it bourbon, or you could call it a $5,000 bottle of liquified, barrel-aged unobtanium. Its fans refer to it as Pappy, when they're lucky enough to get a …

Mobile Apps Are the New Billionaire's Club. A new report shows that consumer appetite for mobile apps is creating a rich ecosystem. …Click for More · Meeting the Mobile Demands of the Healthcare Industry. As clinicians bring their own mobile devices …

Indeed, if he [Lee Hsien Loong] could persuade another 10 billionaires to move to Singapore, he would, even if that led to higher income inequality "because they will bring business, they will bring opportunities, they will open new doors, they will …

Chimera Investment Corporation (CIM) is a high-yielding mortgage real estate investment trust or "mREIT" that specializes in buying residential mortgage-backed securities, residential mortgage loans, and other real estate-related assets. A few months …