Global Economy
More Firms Buying Offices in Foreign Countries Rather Than Renting
After decades of renting being the norm, companies with offices in the world's major cities are seeing more financial sense in buying their own buildings, prompted by a mix of cheap debt, stockpiled ...
Bondholders Would Lose More Than $1 Trillion If Yields Spike: BIS
Bondholders in the United States alone would lose more than $1 trillion if yields leap, showing how urgent it is for governments to put their finances in order, the Bank for International Settlements ...
The Rise Of The Winner-Take-All Economy: Reuters Column
The rich are getting richer. That's the conclusion of the World Wealth Report, the landmark annual study of the world's millionaires, which was released last week by RBC Wealth Management and ...
Fracking Pollution In Wyoming Cast In Doubt As EPA Drops Probe
The only finding by U.S. regulators of water contamination from fracking was thrown into doubt Friday when the federal government halted its investigation and handed the probe over to the State of ...
Payrolls Increased In 33 U.S. States In May Led By Ohio, Texas
Payrolls climbed in 33 U.S. states in May while the unemployment rate dropped in 25, showing employers are looking beyond fiscal headwinds to boost hiring. Ohio posted the largest gain in payrolls, ...
Analysis: Optimism Fading, Brazil Protests Put Leaders On Alert
When more than 200,000 protesters took to the streets across Brazil on Monday night, they demanded a dizzying array of improvements—from halting the fast rise of prices to cleaning up government ...
Bernanke Says Fed Likely To Reduce Stimulus This Year
Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year. ...
eBay CEO Confident Of Getting China Payments License
eBay Inc.'s PayPal division will become the first foreign company to secure a payments license in China, CEO John Donahoe predicted, but he cautioned that the e-commerce giant is taking a cautious ...