India's Finance Ministry raised the import tax on gold and silver to 10% as authorities ramped up efforts to rein in the nation's widening current-account deficit. India is the world's largest gold consumer, accounting for about 30% of demand for gold …

Gold has staged a big comeback in the recent weeks, rebounding over 13 percent since hitting a near three-year low late June, raising the question of whether investor sentiment toward the embattled precious metal is about to shift yet again. The metal …

Like the stock, Penney's bonds, long since fallen deep into junk status with a CCC- rating, have taken it on the chin as the store group's sales have plunged amid a disastrous pricing and marketing strategy and failed attempt to appeal to the more …

As more affluent whites fled to the suburbs – a trend accelerated by Detroit's race riots of the 1960s – poorer blacks would eventually become trapped beneath Detroit's towering, unsustainable infrastructure. Today, African Americans account for 82.7 …

It may come as a surprise to those living outside the comfort zones of affluent Metropolitan bubbles and wealthy rural enclaves but the eurozone is out of recession after six quarters of negative growth. This morning, Eurostat announced that in the …

Those things are, in alphabetical order: alcohol, all of it; design, most of it; food, some of it; and service, soup-to-nuts stellar. But Charlie Bird never really takes flight. At issue are three factors: Charlie Bird's use of hip-hop, which I found …

And it isn't just affluent foreigners piling in and driving up prices. Even first-time buyers are now returning to the market. The number of Londoners clambering on to the bottom rung of the property ladder almost doubled in the first four months of …

You know, I'm just pointing out that for all of the demands that we're supposed to be so very polite, and I'm not saying all Muslims are radical and I am not saying that all Muslims are violent. I'm not. But we as a government recognize that the most …

Spain's luxury real estate market has become a magnet for wealthy buyers, especially foreigners and investment funds, looking for opportunities to acquire choice properties selling at discounts of nearly 20 percent due to the economic meltdown. Foreign …