News and Finance

The real estate roller-coaster ride continued last year as the median price of U.S. single-family home plunged 11.9% to $173,200.
The housing situation had been […]

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India can gradually start raising interest rates as Asia’s third-largest economy is among the first to recover after the global financial crisis, the International […]

Japan’s economy is far from achieving self-sustained growth as the export-led recovery fails to spur spending at home, according to Kazuo Momma, the Bank […]

Burger King Corp. said Friday it plans to open a Whopper Bar in the South Beach area of Miami next month.
To keep up with […]

Greece won’t default on its debt or abandon Europe’s single currency, said Luxembourg’s Jean-Claude Juncker, who heads the group of euro-area finance ministers.
“Two […]

Business at local casinos dipped 1 percent last month, according to figures released Thursday by Missouri and Illinois gaming regulators.
The weak economy appeared […]

Citigroup Inc.’s plan to repay $20 billion of bailout funds and escape government-imposed pay limits is being hampered because the Treasury Department has yet […]

In Somalia’s main pirate lair of Haradheere, the sea gangs have set up a cooperative to fund their hijackings offshore, a sort of stock […]

The euro zone’s top economic officials pressed China on Sunday to let the yuan resume its gradual rise but said they were not counting […]

The sweet smell of success in China right now carries a whiff of garlic.
A combination of H1N1 virus fears and dwindling supply has increased the […]