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Russian central bank buys up domestic gold output as sanctions bite

Russia's central bank has been forced to step up its gold buying this year to absorb domestic production that Western sanctions are making it hard for miners to sell abroad, and to boost liquidity in its foreign reserves, sources said.


Fed's Rosengren says fight for higher inflation should be vigorous

The Fed should fight low inflation as vigorously as it would a too rapid run-up in prices or risk the same sort of prolonged slow growth plaguing Japan and Europe, Boston Federal Reserve bank president Eric Rosengren said on Monday.

U.S. Postal Service data breach may compromise staff, customer details

The U.S. Postal Service was the victim of a cyber attack that may have compromised the personal information of more than 800,000 employees, as well as data on customers who contacted its call center during the first eight months of this year.

Obama pressures FCC for strong net neutrality rules

U.S. President Barack Obama on Monday said Internet service providers should be regulated more like public utilities to make sure they grant equal access to all content providers, touching off intense protests from cable and telecoms companies and Republican lawmakers.


Latest News

Apple Inc (AAPL.O) is embarking on its most aggressive expansion yet onto corporate turf, hiring a dedicated sales force to talk with potential clients like Citigroup Inc (C.N) and working in concert with a dozen or so developers, two sources familiar with its plans say.
Asian shares and the dollar got off to a lackluster start on Tuesday as oil prices continued to drop, while Japanese shares marked early gains.
Watch NBA Live for free via online streaming between the Detroit Pistons who will face the Chicago Bulls Monday night, November 10, 2014.
After many rumors and allegations regarding "Lovelyz" member, Seo Jisoo, Woollim Entertainment finally addressed it on their Facebook page by posting the following announcement
Game director, Hideo Kojima, confirms that "Metal Gear Solid 5: The Phantom Pain" will feature plenty of Easter eggs like in the previous games of the "Metal Gear Solid" series in the latest episode of Kojima Station on YouTube.
After losing their first five games (not to mention making former NBA superstar Charles Barkley go into fasting), the Lakers finally grab their first win in their game against the Charlotte Hornets in a 107-92 victory, with Lin's and Bryant's fingerprints all over it.
Two of the most-watched pairs in 'Dancing with the Stars' Season 19 are expected to turn up the ante with their performances on Monday night.
Michael Cudlitz, who plays Abraham in "The Walking Dead," hinted that the episode was almost pulled out by censors due to some controversial scenes.
Marvel is actively seeking to discover the real culprit behind the leak of a video clip from the upcoming movie "Avengers: Age of Ultron."
Jennifer Lopez has issued a comment about the engagement of her former husband Marc Anthony and his model girlfriend Shannon de Lima.