Although Nelson Mandela was best known for his role in ending apartheid in South Africa, a report from Businessweek highlighted the economic legacy left by the late leader.
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US Fed policy only enriches private equity and not companies, American people - report
A report cited an example on how private equity had benefited greatly from US Federal Reserve's quantitative easing policy instead of the monetary policy's true beneficiaries - US companies and the American people.
Inequality in South Africa to threaten Mandela's economic legacy
The late Nelson Mandela's economic legacy in South Africa will be challenged as the country has yet to reduce its high unemployment rate and inequality in races.
Markets in a bubble state is difficult to conclude - column
A column written by money manager and former professional market strategist Barry Ritholtz challenges the definition of bubble and the misconceptions of its use in specific stocks that had experienced sharp surges in the financial markets.
South African markets unnerved by the passing of Mandela
The Johannesburg Stock Exchange Index and other financial markets in South Africa saw little change regarding the passing of former president and political champion Nelson Mandela.
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The market in mobile payment or transaction apps using Bitcoin as a payment option is being fueled by a growing interest in average consumers who view payments via their smartphones as an easy way to settle their dues.
The San Francisco Bay Conservation and Development Commission said it will be looking into whether Google Inc had the complied with the necessary paperwork to build its barge project on Treasure Island.
A study by The Institute for College Access and Success found that America's class of 2012 graduated with an average of USD29,400 in student loan debt. Student debt levels, however, varies according to state and geographical regions.
Government Pension Investment Fund president Takahiro Mitani's comments about Bank of Japan meeting its 2% infaltion goal was contradictory to the statements made by Prime Minister Shinzo Abe appointee and economist Takatoshi Ito.
A video footage of a college game fan holding a sign that read "Hi Mom send Bitcoin" was caught by ESPN's College Gameday yesterday, with The Verge confirming on its article that the fan raised around USD22,000.
Industry executives and academics said mandatory budget cuts or sequestration have led to job losses and could eventually undermine the competitiveness of the US in the global economy, a Reuters report said.
With more shoppers wishing to avoid the throng, research firm comScore reported a 15% increase of online spending on Black Friday to USD 1.20 billion.
Actor Paul Walker, who shot to fame as star of the high-octane street racing franchise "Fast & Furious," died Saturday in a car crash in Southern California. He was 40.
In a bid to ensure the user security of in its platform, popular Bitcoin trading exchange Mt Gox announced today that it is implementing a new one-time password card system.
