Japan's Measures to Fight Deflation Struggle to Show Progress

For Japan's central bank and government, there are no easy answers to a growing deflation problem. A loose monetary policy so far has been...

Is Incoming Bank of America CEO Moynihan "More of the Same?"

Bank of America Corp.'s (NYSE: BAC) decision to appoint Brian Moynihan as...

Low November Job Losses Shock, but The Jobless Recovery Continues

November payrolls fell by much less than expected - declining by just 11,000 - and the unemployment rate fell to 10.0%, the U.S. Department of Labor...

With NBC Deal Done, Comcast Becomes the New Cable Juggernaut

Comcast Corp. (Nasdaq: CMCSA) will acquire a 51% stake in General...

GM's Search for CEO Won't Likely Be Part of the "Old Guard"

The circumstances surrounding the resignation of General Motors (NYSE: GRM)...

South Korea's Exports Rise, but Future Looks Murky

Year-over-year exports from South Korea rose for the first time in 13 months amid higher shipments to two of the world's largest economies. However,...

As Bank Failures Grow, FDIC Options Narrow

The Federal Deposit Insurance Corp. (FDIC) will likely have tap its credit...

U.S. Economy Will Grow Faster Than Expected, Jobs to Return to Growth Next Year, Economists Say

The U.S. economy will grow faster than expected next year, but job growth will begin later than previously thought, according to a survey of business...

Lazard Puts Future in M&A with New CEO

In a signal of confidence for the future of mergers-and-acquisitions (M&A), Lazard Ltd. (NYSE:

Japan's Economic Growth Accelerates, but Deficit Raises Concerns

Stimulus measures in Japan helped the world's second-largest economy grow at its fastest pace in more than two years, but it's unlikely policymakers...

Removal of Stimulus Packages Next Year Poses Bubble, Credit Risks Says World Bank’s Zoellick

The global economy must be wary of bubble and credit risks in 2010 as central banks around the world begin removing stimulus, warned World Bank...

The Three Key Economic Issues Obama Will Tackle In His First Asia Trip

When U.S. President Barack Obama this week makes his first visit to Asia as the nation's chief executive, he will have no shortage of issues to...

Disney Gets Nod for Shanghai Theme Park

It's been in the works for more than a decade, but The Walt Disney Co. (NYSE: DIS)...

Microsoft Releases Windows 7, Opens First Retail Store

As Microsoft Corp. (Nasdaq: MSFT) released its much-talked about Windows 7 operating system, the software giant quietly opened its first retail store...

Banks Threatened as Washington Takes on Overdraft Fees

Charges related to overdrawn accounts this year may add up to $38.5 billion in revenue for banks following last year's $36.7 billion, according to...

Land of Rising Debt: Falling Tax Revenue Forces Japan to Sell More Bonds

Japan's government will have to sell more bonds - and grow the country's record debt - in the face of declining tax receipts. The central...

Bernanke: Asian Consumer Spending, Cutting U.S. Deficit Are Keys to Avoiding Trade Imbalances

Asian countries need to rely less on export-led growth and encourage their consumers to spend more, while the United States needs to trim its deficit...

Government Measures No Match for Second Wave of Foreclosures

When the Obama administration in March instituted programs to help homeowners modify mortgage payments or refinance for lower interest rates, the...

Is Tech Leading the Recovery?

Better-than-expected results from bellwether Intel Corp. (Nasdaq: INTC) are lending credence to the notion that technology - fueled by consumer...

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