Institutional investors will turn to the developing world seeking higher returns but what are the risks of seeking those returns?
Tech stocks fell on news that chipmaker Intel, a bellwether for tech stocks, cut its profit outlook. Moody's says it plans to review EU sovereign debt ratings, adding to the general market gloom.
Riding a wave of good feeling among GOP voters, Herman Cain is now virtually tied with ex-Gov. Mitt Romney at the top of the Republican rankings, according to recent polls.
At a meeting of European finance ministers in Poland, leaders largely rejected proposals from Treasury Secretary Timothy Geithner on how to rescue the ailing eurozone.
In response to the phone-hacking scandal that engulfed News Corp.'s News of the World, founder Rupert Murdoch said his media empire would have a new code of ethics. It could help – if managers are serious about enforcing the rules, media experts say.
In London Saturday, Rupert Murdoch issued full-page apologies for the phone-hacking scandal that has hit his media empire. Critics say his free-wheeling and politically conservative approach may have affected US journalism as well.
The tawdry depths of the phone hacking scandal surrounding Rupert Murdoch's media empire have shocked the UK public and exposed the heights of his political influence.