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Warren Buffett lost $1.06 billion after the plunge in IBM shares

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Warren Buffett lost $1.06 billion after the plunge in IBM shares on October 20. IBM stock fell $15.05 at the open, and Warren Buffett held...

Morgan Stanley has reported an 87 percent jump in profits to $1.65 billion in Q3 2014

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Morgan Stanley has reported an 87% jump in profits to $1.65 billion in Q3 2014. Trading of currencies, commodities and bonds was a big driver...

World’s markets have staged a partial recovery after a week of precipitous falls and volatility

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World’s markets have staged a partial recovery after a week of precipitous falls and volatility. London's FTSE 100 index was up over 1% in mid-afternoon...

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As a business owner, there may come a time in your professional career that you want to sell the business. This is extremely common,...

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Being a business owner can be extremely rewarding, and it’s something that many people would like to accomplish at some point in their life....

Goldman Sachs has reported a 50 percent jump in profit in Q3 2014 after a sudden jolt in bond market activity helped boost revenues

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Goldman Sachs has reported a 50% jump in profit in Q3 2014 after a sudden jolt in bond market activity helped boost revenues. The investment...

European markets continue to tumble on amid fears of a global economic slowdown and the impact of the Ebola crisis

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European markets continue to tumble on October 16 amid fears of a global economic slowdown and the impact of the Ebola crisis. The main stock...

Asian markets opened lower after Wall Street tumbled on US economic data

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Asian markets opened lower on October 16 after Wall Street tumbled on US economic data, fuelling growth concerns. Data from the US showed retail sales...

Kmart has become the latest victim of hacker attacks on retailers

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Kmart discount chain, the latest victim of hacker attacks on retailers, said it detected a security breach last week and is investigating the incident...

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The Indian construction industry is one of the biggest industries in the country. According to the latest statistics, the industry contributed more than Rs...

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When businesses seek to boost profits and maintain growth, they often concentrate on increasing volume or lowering costs but neglect the role that pricing...

Monte dei Paschi di Siena is known as the world's oldest surviving bank

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Italian bank Monte dei Paschi di Siena (MPS) – known as the world's oldest surviving bank - has reported a bigger-than-expected loss. MPS, which has...

US Congress is kicking around the idea of replacing the dollar bill with dollar coins

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USD has been noticing a continued spike in the last week, especially so for the most traded pair EUR/USD. The rise of the USD...

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UK based currency card provider Caxton FX provides an efficient and reliable solution to overseas business travel expenses. Its prepaid currency card system is...

JPMorgan Chase and Goldman Sachs have seen mixed results from their investment businesses

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JPMorgan Chase and Goldman Sachs have seen mixed results from their investment businesses. JPMorgan reported an 8% fall in Q2 2014 profits after declines in...

Billionaire Richard Mellon Scaife helped finance the election campaigns of Republican Presidents Richard Nixon and Ronald Reagan

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Billionaire Richard Mellon Scaife has died aged 82. Richard Mellon Scaife’s death comes less than two months after he had announced he had an untreatable...

Japan’s inflation rose at an annual rate of 3.4 percent in May 2014, the fastest pace in 32 years

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Japan’s inflation rose at an annual rate of 3.4% in May 2014, the fastest pace in 32 years, as the effect of the sales...

Stock markets dipped in early Monday trading as fresh data presented a mixed economic picture in the US

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Stock markets dipped in early Monday trading as fresh data presented a mixed economic picture in the US. US consumer price inflation rose 0.4% month-on-month...

The Covidien deal will allow Medtronic to take advantage of a so-called tax inversion, by moving its headquarters to a European country with lower taxes

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Medtronic Inc. is to buy Irish Republic-based Covidien PLC in a $42.9 billion cash and shares deal. The US medical device maker's wide portfolio includes...

Pope Francis fired the entire board of the Vatican's financial regulator

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The entire board of the Vatican's financial regulator has been dismissed by Pope Francis as he looks to reform the city-state's banking practices following...

US shares closed at record levels, helped by strong data on the manufacturing sector

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US shares closed at record levels, helped by strong data on the manufacturing sector. The Dow Jones rose 26 points to close at 16,743, its...

Phil Mickelson has won five major championships and is one of the US's highest-paid sportsmen

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Golfer Phil Mickelson and Las Vegas gambler William Walters are being investigated by the FBI over a possible insider trading involving billionaire investor Carl...

Car insurance premiums tend to be more expensive for poor people.

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Every year numerous minor changes are made to the rules of the road, and the legal obligations of car owners, which then mean the...

George Osborne has announced that a small number of measures are to be put in place in order to help motorists

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George Osborne has announced that a small number of measures are to be put in place in order to help motorists. The announcement came...

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It’s safe to assume everyone wants to have a comfortable and secure retirement someday.  This dream is definitely one of the main motivations that we...