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Russia needs government investment to avoid recession, says former finance minister

Russia risks slipping into recession because the government is not investing enough in the economy to weather Western sanctions, former finance minister Alexei Kudrin said on Tuesday, criticizing the strategy so far.


World stocks hit one-month low, caution ahead of Fed

Global shares hit a one-month low on Tuesday as investors refrained from placing strong bets before a Fed meeting that could adjust expectations about how soon the U.S. central bank will hike interest rates.

NBA Rumors: The Cleveland Cavaliers looking to add Lou Amundson and his low-post defense for the coming season

NBA Rumors surrounding the Cleveland Cavaliers and Lou Amundson who are working out on a deal this offseason

NBA Trade Rumors 2014: San Antonio Spurs looking to trade Aron Baynes to the Houston Rockets or Cleveland Cavaliers

2014 NBA Trade Rumors surrounding the San Antonio Spurs who are looking to trade Center Aron Baynes to the Houston Rockets or Cleveland Cavaliers this offseason


Latest News

“The Mentalist” upcoming season in January will be the series’ last. Cast Simon Baker starts directing an episode for the police drama.
Among the headlines that made waves in Hollywood this year are the deaths of the iconic legends. With this heartrending news, people all over the world mourn for the loss of these iconic celebrities. Here are five of the Hollywood stars we will surely miss.
'Archer' season 6 is currently in the works and is ready to release sometime in 2015. New season premiere to feature Archer working on a mission in Borneo.
Two prominent U.S. hospitals are preparing to launch trials with diabetics and chronic disease patients using Apple Inc's (AAPL.O) HealthKit, offering a glimpse of how the iPhone maker's ambitious take on healthcare will work in practice.
'I Know What You Did Last Summer' will be back on the big screen. Sony is reportedly rebooting the popular 1997 slasher film that starred Jennifer Love Hewitt.
'Grand Theft Auto VI' rumors are mostly just hearsay. 'Grand Theft Auto V' (GTA V) will be re-released on November 18, 2014 for the PlayStation 4 and Xbox One, and on January 27, 2015 for Microsoft Windows.
Johnny Depp's ex-partner, Vanessa Paradis, allegedly wanted Amber Heard and Depp's marriage to have a prenup. This isn't for her, but for her two children with Depp, who she fear may not get a fair inheritance if Heard and Depp has a baby and the younger star opts to "cash out." However, the issue has not been met with a calm face as Heard allegedly flipped out because of the idea and wants Paradis to "butt out" of their decisions.
Sony has officially announced their new flagship device for the season ahead of their IFA 2014 event.
German car parts maker ZF Friedrichshafen [ZFF.UL] has reached a deal to buy U.S.-based TRW Automotive Holdings Corp (TRW.N) for $13.5 billion including debt, creating a global automotive supply powerhouse with combined annual sales of more than $40 billion.
Lockheed Martin Corp on Monday said it has delivered the next version of the computer-based logistics system used to support the F-35 fighter jet to the U.S. military for flight testing.