Two top US Federal Reserve officials said last Wednesday that they were open-minded in implementing the proposed stimulus reduction this month.
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Detroit lawyers filed bankruptcy protection
Detroit attorneys filed their case in the US Bankruptcy Court in Detroit last Friday for the city's request for bankruptcy protection.
Hutchison fears Courtney Stodden’s independence inside Celebrity Big Brother
The 53 year old American Actor Dough Hutchison was reported to be "freaking out" after his teenage wife became too independent from him while inside the Celebrity Big Brother house.
IMAX Corp and GFI sets revenue share agreement
Three more IMAX theaters to be built in the Middle East region. In an announcement, IMAX Corporation and Gulf Film formalized an expansion of their partnership through a revenue share agreement.
Pillsbury recalls cinnamon roll product
General Mills announced last Friday that the company had voluntarily recalled its cinnamon roll products.
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Reserve Bank of Australia's (RBA) statement on its national currency prompted an opposite reaction to the Aussie dollar and borrowing rates.
The sale of speculative-grade bonds surged in the US this year. The sales of junk bonds in the US surged this year. Investors bought the bonds as it had been giving better returns than investment-grade securities for seven straight months.
Bloomberg Businessweek reported that the Bitcoin frenzy had reached China. Bloomberg Businesswee reported that the Bitcoin frenzy had gripped China. The world's second largest economy had become the second largest maker of Bitcoins worldwide, according to data compiled by SourceForge.
Analysts said that though economies in Euro Zone and China were experiencing significant growth spikes in their economies, emerging economies of India, Italy and France are not faring well.
Morningstar reported Pimpco's Total Return Fund took a USD 41 billion hit in the last four months.
US jobs and service sector data indicated Thursday that the US Federal Reserve would be slowing its bond buying program down soon.
Fans of wearable devices said there is a huge market potential for the smartwatch. According to Reuters, a smartwatch is a device that could be revolutionary like the smartphone.
In an The Group of Twenty Finance Ministers and Central Bank Governors's (G20), attendees would be seeing a show of power and influence between US President Barack Obama and Russian President Vladimir Putin arguing on how to act on the crisis in Syria.
Reuters Factbox showed Microsoft's acquisitions and investments over the years had not been very lucrative for the company.
