Chris Paul, the coveted free agent point guard, could turn the lowly Clippers into a serious NBA contender. The addition of Chris Paul to the team is attracting other marquee players.
US stocks were down near session lows in midday trading. The European Central Bank's announcement that it had no large-scale bond-buying plan undercut enthusiasm for US stocks.
Newt Gingrich is not famous for his forbearance, but he's treating Mitt Romney, his top competition for the GOP presidential nomination, like an old pal. That might be a smart move.
Emerging markets demand has doubled world oil consumption in five years. To meet rising demand from emerging markets, Petrobas plans to increase production to 3 million barrels a day by 2015.
Forex trading grows more interesting as news rolls in from Italy, Greece, and the UK. Both the euro and British pound rose in Forex trading.
Euro crisis shouldn't have much effect on US, unless it blows up into something much larger, says James Bullard of the St. Louis Fed. But euro crisis will be drawn-out affair.
Newt Gingrich's 'poll vault' to the top of the GOP heap means his character and record are coming under greater scrutiny. 'Everybody will dig up everything they can,' he says. 'That's fine. They should.'
With high debt but a primary budget surplus, Italy must enact growth policies to avoid euro crisis, an economist says. Italy's new prime minister may not have much time to enact reforms.
People could opt for flat tax rate of 20 percent or stick with the current tax system. The Rick Perry plan offers choice, but people might need to do two calculations to tell which is best, some say.