West Virginia State Senate President Jeff Kessler is proposing a Future Fund levy for the natural gas to be extracted from the state for its future spending.

Germany, in order to avoid a protracted legal process, is leading the way to find a compromise in the creation of the EU banking union.

Miley Cyrus latest hit "Wrecking Ball" was predicted to hit the no.1 spot in Billboard Hot 100 next week, according to the Huffingtonpost.com.

US President Barack Obama appointed Jeffrey Zients as his top economic adviser replacing current adviser Gene Sperling.

The US Securities and Exchange Commission said last Saturday it did not reject a proposed settlement with fund managers at Reserve Management Co. as there was nothing to consider.

Nikkei, a Japanese newspaper, reported last Friday that US President Barack Obama was close to picking ex-Treasury Secretary Lawrence Summers as the new head of the Federal Reserve Board.

A three day summit was reported to attract a lot of investors into India's renewable energy market.

Aside from the much talked about Bo Xilai trial, China aimed to turn the country into an innovative consumer driven, high income nation.

After the US Federal Reserve announced thw cutting back its bond buying program, investors who had entered Asia last four years ago were set in fears and had started exiting financial markets.

According to two surveys conducted by Gallup Inc, Americans had been struggling to recover financially even after the US recession was finally announced to have officially ended.