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  • Fosun Eyes $1 Billion Fund
    Chinese conglomerate Fosun International is raising a $1 billion private-equity fund that will invest in Europe and international companies seeking to expand in China.
  • U.S. Stock Futures Edge Down
    U.S. stock futures drifted lower as investors awaited clarity on the debate within the Federal Reserve over whether to ease off on asset purchases.
  • Gold Slump Hits Silver
    Gold’s longest slump since the financial crisis stretched into its eighth day, while silver briefly tumbled to its lowest level since September 2010.
  • China Shakes Up Forex Reserve Portfolio
    A Chinese agency that oversees the world’s largest stockpile of foreign-exchange holdings recently set up an operation in New York to make alternative investments in ...
  • Strong Krona Hurts Swedish Firms
    Swedish exporters like Sandvik and BabyBjorn are struggling to cope with a stronger krona, which is hurting profits on exports.
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  • Taxes on Wealthy French Households Top 100% of Income
    More than 8,000 French households’ tax bills topped 100 percent of their income last year, the business newspaper Les Echos reported on Saturday, citing Finance ...
  • Pope Launches New Catholic App for iPad
    With the swipe of a pontifical finger, a new Catholic news app for smartphones and tablets was launched on May 17. At the conclusion of ...
  • North Korea fired its sixth missile in three days, demonstrating its military capabilities in defiance of global sanctions and diplomatic efforts to convince the totalitarian ...
  • Venezuela’s recent designation of an acting head of its diplomatic mission in the United States shows the OPEC nation’s desire to restore full diplomatic relations, ...
  • Prime Minister Benjamin Netanyahu’s senior coalition partner Yair Lapid says that reaching a final peace agreement with the Palestinians is unrealistic at the current time ...
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  • Is This the Libertarian Moment?
    The I.R.S. Abusing Americans Is Nothing New President Obama recently warned Ohio State graduates that “you’ve grown up hearing voices that incessantly warn of government ...
  • The Federal Reserve’s Unsound Policies
    In the new issue of Cato Policy Report, Cato President and CEO John A. Allison argues that the Federal Reserve is increasing ...
  • "Austerity" Debate Far from Over
    Critics of “austerity” budget measures claimed victory recently when a group of researchers from the University of Massachusetts Amherst discovered a small error in a ...
  • What’s Wrong with Internet Sales Tax
    The Senate has passed a bill, known as the Marketplace Fairness Act, that would require large Internet retailers to collect sales taxes on all purchases ...
  • Scoring Immigration Reform Correctly
    The Senate has turned its attention to the bipartisan “Gang of Eight” immigration reform bill. Recent criticism of the plan has focused on the potential ...
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