The US Federal Reserve risks triggering “panic and turmoil” in emerging markets if it opts to raise rates at its September meeting and should hold fire until the global economy is on a surer footing, the World Bank’s chief economist has warned.
Despite disappointing job growth last month, the unemployment rate fell to its lowest level since early 2008, sharpening the debate within the Federal Reserve over whether to raise interest rates when policy makers meet in two weeks.
Nebia cofounder Carlos Gomez Andonaegui was concerned that his fitness club was using too much water. So he and his father Emilio set out to find a solution.
Billionaire's Berkshire Hathaway conglomerate strikes blockbuster takeover of US industrial group
Google Inc. is reorganizing into a holding company that gives its main Web operations greater independence while offering investors more visibility into ambitious plans to expand new businesses, including health and Internet access.
Within hours of President Obama’s historic move to restore full diplomatic relations with Cuba, companies in the United States were already developing strategies to introduce their products and services to a market they have not been in for the better part of 50 years — if ever.
Lower oil prices could be a double-edged sword for Vietnam next year
The average price of gasoline around the world is 1.14 US Dollar per liter. However, there is substantial difference in these prices among countries.
Meet the former egg seller who made millions by shining shoes
New Yorkers can already choose from yellow taxis, green cabs or black livery cars. They can tap a smartphone app for a ride, or simply stick out an arm. They can pay with cash or credit.