A steep plunge in both new orders and shipments sent manufacturing activity in New York state tumbling down to its lowest level since 2009. This was the revelation showed by a survey conducted by the New York Federal Reserve.
Regions
Tianjin blasts estimated to $1.5 billion in insurance claims
Due to a series of explosions leaving hundreds of people death and others injured, while some are still missing, China is about to start a wave of insurance claims.
Euro nations take a vote on Greece bailout ahead of crucial meetings
Greek is heading towards a third round of bailout package when the crisis-hit nation is about to make repayment of euro 3.2billion to the European Central Bank. The third bailout plan for ailing Greece economy is creating tremors in the European Union (EU). German's decision is crucial on Wednesday.
Puerto Rico responds to fiscal crisis with a regressive tax that could hurt country's bottom line, poor people
Puerto Rico is jacking up its sales tax in a bid to address its fiscal problems. This is considered a regressive move that could ultimately hurt the country's bottom line and its countless poor people.
Amazon CEO Jeff Bezos: Amazon is not a jungle
Amazon CEO Jeff Bezos reacted about the negative story published on August 15 on the New York Times, regarding the ruthless management practices inside the Amazon workplace. He's attesting that the report is a false accusation. Hence, he's persuading the employees to email him or approach the HR concerning the matter.
Latest News
Citigroup executive and author of "Banker to the World" Bill Rhodes revealed some of the biggest financial regrets of revolutionary and Cuban leader Fidel Castro.
A successful business would not run smoothly without loyal customers. In a business world full of competitors struggling for a bigger consumer share in the market, you have to find ways to create loyal customers. Learning how to get customers buying your product or service is not enough, you also need to know to keep them coming back.
Bankruptcy has been a part of every business even an individual's life and most of the time is hard to avoid. Generally, seeking the help of a bankruptcy lawyer as one declares bankruptcy would definitely ease the burden.
Millions of retailers in India are starting to get the hang of selling products online, and the platforms where they offer their products are giving them free training on how to properly prepare and sell their products. Free "universities" are becoming a fast growing trend among India's top online retailers.
Russian billionaire Yuri Milner committed $100 million to the most comprehensive search for intelligent life form in the universe.
Japan's economy has been facing tough times when its economy began to contract by 0.4% in the year's second quarter. It was an official data shown on Monday emphasizing how the prime minister's 'Abenomics' growth program doesn't work.
Prime Minister Narendra Modi recruited executives from the private sector to head two of the biggest state-owned banks, making it the first such appointments in a wide-range reform strategy to challenge the dominant but often inefficient lenders backed by the government.
A loan can either bring a business to new heights or disrupt the cash flow and bring a company down to oblivion. Prominent finance gurus Dale Clarke and Ryan O'Shea shared some expert advice to Forbes.com's Garrett Gunderson.
After just a year in the mobile game market, Elex's Clash of Kings announced to have reached 65 million downloads. The number of downloads includes on both Android and iOS platforms. The success was announced Monday in a company press release.
