U.S. stocks rose for a fourth day amid optimism companies will report better-than-forecast earnings for the second quarter. Gold advanced and the yen weakened, while the British pound touched a three-year low. The MSCI All-Country World Index climbed 0 …
The recent sharp decline in the price of gold is an opportunity to learn from the well-known quote attributed to George Santayana that "those who cannot learn from history are doomed to repeat it." At the outset, let me state that I have no idea …
The fund cited expectations of a more protracted recession in Europe and a slowdown in key developing countries such as China and Brazil. The latest update of the IMF's World Economic Outlook now projects the world economy will grow at 3.1% this year.
(MoneyWatch) The International Monetary Fund is predicting tougher times for both the U.S. and world economies, in part because of possible actions by the Federal Reserve. In its latest quarterly World Economic Outlook report, the IMF cut its global …
Global economic growth will be slower than anticipated this year and next because of weaker consumer demand in emerging markets and a deeper-than-expected recession in the euro zone, according to a report released Tuesday by the International …
Gold bugs might think that so-called Currency Wars – a chaotic attempt at competitive devaluation of all major present currencies and the unpublicised main reason for Quantitative Easing – means that gold's supposed 'natural role' as a strong, solid …
Even Tauranga's most affluent are turning their nose up at the city's most expensive rental property. The $950-a-week "huge, award-winning, … "People just don't have the income to service it," Ms Jones said. "In the two months I've had it, I've had …
A lot of questionable behavior seems to be coming from some of the more affluent male population these days, but the recent Chancery Court decision against Carl Icahn from last month takes the cake. If I read this correctly, Icahn is basically arguing …
"The Luxury Collection brand offers a blend of indigenous travel experiences and unparalleled service that appeals to today's affluent travellers, and this addition to our luxury portfolio reinforces our commitment to growing in Eastern Europe with a …