Author : EW News Desk Team

The European Union could impose regulations that would prevent credit rating agencies from judging the credit worthiness of countries undergoing bailouts, said the European Commission’s internal market commissioner Michel...

Citigroup has agreed to fork out $285 million in order to settle a civil complaint by the Securities and Exchange Commission that it had misled investors into buying a...

Since its initial conceptualisation during the early 1980s, SMS text messaging has now become the most widely used data application in the world, with 2.4 billion active users, or 74 percent...

 With tuition costs and student debt on the rise, a new model is on the rise: OpenCourseWare (OCW). OCW refers to online course materials that have been created by universities and...

A New Jersey man has filed a lawsuit against the Bank of America, JPMorgan Chase and Wells Fargo for colluding with Visa and Mastercard in a “conspiracy to fix...

 China, the largest foreign holder of US Treasuries, cut their holdings by US$36.5 billion in August - The same month that saw Standard & Poor downgrade America's credit rating...

There are two sides to the current world food crisis. On the one hand, the world is facing a global food shortage, where hundreds of millions of people are malnourished...

FATCA, the Foreign Account Tax Compliance Act has been recently enacted by the Obama Administration, requiring U.S. citizens living abroad to file U.S. tax returns and detailed annual foreign...

A Buddhist temple medium from the Malaysian island state of Penang has conducted a religious ritual designed to hasten the reincarnation of former Apple CEO and co-founder Steve Jobs,...

 Obese American workers have cost companies more than US$113 billion in productivity losses each year from absenteeism, according to a Gallup poll released on Monday. A recent study by...