By Dena Aubin NEW YORK (Reuters) - Large U.S. companies boosted their offshore earnings by 15 percent last year to a record $1.9 trillion, avoiding hefty tax bills by keeping the profits abroad, according to a new report. The overseas earnings stockp... [Full Article]
By Chris Reese NEW YORK (Reuters) - Wall Street is looking for the Federal Reserve to buy a total of $1.25 trillion of assets under its latest debt purchase program intended to stimulate the economy, according to a Reuters poll conducted on Friday. T... [Full Article]
BRUSSELS (AP) - European Union leaders agreed Friday to a significantly reduced 7-year budget worth €960 billion ($1.28 trillion) - the first cut in spending in the 27-country group's history. (Source: Associated Press)... [Full Article]
NEW YORK (Reuters) - The amount of sovereign and corporate credit on the cusp of being downgraded to junk status more than quadrupled in 2012, due primarily to an erosion in the credit quality of the world's banking sector, Standard & Poor... [Full Article]
NEW YORK (Reuters) - The net worth of the richest Americans grew by 13 percent in the past year to $1.7 trillion, Forbes magazine said on Wednesday, and a familiar cast populated the top of the annual list, including Bill Gates, Warren Buffett, Larry... [Full Article]
A billion page views isn't cool, you know what is cool? A trillion page views. The social network Facebook has unofficially reached a trillion page views in the month of July. Of course that number is impressive, but when you look a little deeper be... [Full Article]
(AFP/File) - Private capital flows to emerging markets should top $1.0 trillion this year, fuelling growth in the global economy, an international banking association said Wednesday.(AFP/File/Torsten Blackwood)... [Full Article]
(AFP) - The US Treasury hit its $14.29 trillion legal limit on borrowing, as the White House sternly warned lawmakers they must approve an increase or risk a catastrophic default on debt payments.(AFP/Karen Bleier)... [Full Article]
(AFP/File) - Japan's parliament on Monday passed an emergency 4 trillion yen ($49 billion) budget to help fund reconstruction after the deadly March 11 earthquake and tsunami devastated northeastern regions.(AFP/File/Kazuhiro Nogi)... [Full Article]
(AFP/File) - Card transactions in South Korea were worth 517.4 trillion won ($475 billion) last year, a 6.6 percent rise on 2009, according to the Financial Supervisory Service.(AFP/File/Park Ji-Hwan)... [Full Article]