Congress needs to pass a debt ceiling increase by Oct 17 or the US will default, said Treasury Secretary Jacob J Lew.

Take the entire population of Ireland and increase it by 50%. That gets you to six million which is the number of people unemployed in Spain today.

Stocks closed little changed on Wall Street last night as budget talks continued in Washington.

Q. What did Bill Gross (head of the world’s largest bond fund) say in October ‘09?

TWO pretty negative reviews of the economy in recent weeks suggests it’s going to be a white-knuckle ride for the property sector in particular, resulting in the lowest growth performance for the Irish economy since 1991.

AS HE looks for an investment manager to succeed him someday, Warren Buffett has set his standards high.

GOOGLE is converting its renowned headquarters to run partly on solar power, hoping to set an example for corporate America.

General Electric Co's shares were posting a modest gain in midsession trade as investors pondered the defense the company issued to counter a prominent bond fund manager's criticisms of its debt load, dealers said.