Tentative labor deal made for thousands of miners

The United Mine Workers said Monday it has reached a tentative labor agreement with a group of coal producers that employ about 3,000 of its […]

World stocks rise as Japan output rises again

World stocks marched higher Tuesday after Japan’s factory output grew again after a record drop and investors got a shot of confidence from efforts to […]

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Geithner Says Damage From Debt Default May Be ‘Irrevocable’ - Bloomberg

U.S. Treasury Secretary Timothy F. Geithner said a default arising from failing to raise the debt limit could cause “irrevocable damage” to the economy, risk […]

Goldman’s O’Neill Says ‘Black Swan’ Concern Overblown, Stocks Set to Rally - Bloomberg

Jim O’Neill, chairman of Goldman Sachs Asset Management, said investors should shed their pessimism and stop hoarding cash amid prospects for a global stock rally […]

Our millionaire club to swell by nearly 700,000

A new study suggests that Canada

Argentina’s GDP Will Expand by At Least 6.5% This Year, Central Bank Says - Bloomberg

Argentina’s economy may expand by 6.5 percent or more this year, and unemployment may hover at the lowest level in two decades, the central bank […]

Foreign Direct Investment in China Rises to $12.5 Billion - Bloomberg

Foreign direct investment added $12.5 billion to China’s economy in March, swelling inflows of capital that may encourage the central bank to keep ratcheting up […]

Prada Shuns Milan for Hong Kong as IPO Plan Shows Decay in Italian Economy - Bloomberg

Prada SpA, the fashion house known for its Miu Miu bags and Church’s shoes, is planning the largest initial public offering of a family-owned Italian […]

China Plans Smaller Deficit of $137 Billion in 2011 as Economy Rebounds - Bloomberg

China plans to run a smaller budget deficit this year as the world’s second-largest economy rebounds from the global financial crisis.
The government set a […]