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An amazing 2,500 of the world's most prestigious people canvas Davos, Switzerland for this year's World Economic Forum

An amazing 2,500 of the world's most prestigious people canvas Davos, Switzerland for this year's World Economic Forum Watch

Business & Economics

By Abigail James (NEWS CONSORTIUM)

Around 1,700 private jets will cover the sky, as the most elite people of the world descend on the annual World Economic Forum in Davos, Switzerland. ...

Do they have your best interests at heart? A shocking 50 PERCENT of the global wealth precariously belongs to only ONE PERCENT of the world's population

Do they have your best interests at heart? A shocking 50 PERCENT of the global wealth precariously belongs to only ONE PERCENT of the world's population Watch

Business & Economics

By Abigail James (NEWS CONSORTIUM)

Davos men, the world's most elite billionaires and politicians, gather at the World Economic Forum to once again attempt to tackle inequality between ...

Downturn of low gas prices: Schlumberger to cut 9,000 jobs due to decline at pump prices

Downturn of low gas prices: Schlumberger to cut 9,000 jobs due to decline at pump prices Watch

Business & Economics

There is a downside to the plunging prices at the gas pump: Americans will be losing jobs as companies struggle to make up the difference in ...

Improved economy? Study says labor force participation at 36-Year Low

Improved economy? Study says labor force participation at 36-Year Low Watch

Business & Economics

Gas prices may be cheaper, consumer confidence may be higher - but that does not take away from the brutal fact that many Americans remain ...

The Rise and Fall of the World's Poorest Nations

The Rise and Fall of the World's Poorest Nations Watch

Business & Economics

By Thalif Deen, Inter Press Service

The world's 48 Least Developed Countries (LDCs) - a special category of developing nations created by the General Assembly in 1971 but refused ...

Is pot the future boom business? The founder of Pay Pal thinks so

Is pot the future boom business? The founder of Pay Pal thinks so Watch

Business & Economics

By Matt Waterson (NEWS CONSORTIUM)

Founders Fund, a $2 billion dollar, San Francisco-based venture capitalist firm ran by the co-founder and former CEO of PayPal is moving in a new ...

Here is the top 10 list of the world's most widely used currencies. Numbers 9 and 10 surprised us! (PHOTOS)

Here is the top 10 list of the world's most widely used currencies. Numbers 9 and 10 surprised us! (PHOTOS) Watch

Business & Economics

You might not be surprised to learn that the U.S. dollar is one of the world's most widely used currencies, but there are other less-familiar ...

OPEC price war increases; Brent Oil hits new low

OPEC price war increases; Brent Oil hits new low Watch

Business & Economics

Hard as it may seem, not everyone is welcoming low prices at the gas pump. Brent crude plunged below $57 per barrel this week. The event marked a ...

In a bid to 'get rid of gasoline' Toyota makes history with first hydrogen-powered retail car - Coming to a dealer near you in 2015!

In a bid to 'get rid of gasoline' Toyota makes history with first hydrogen-powered retail car - Coming to a dealer near you in 2015! Watch

Business & Economics

Toyota is making automotive history by selling a car powered by hydrogen. Sales in Japan began on Dec. 15, and will begin in the USA in 2015. Running ...

Why should you be grateful this season? The economy might just be one reason

Why should you be grateful this season? The economy might just be one reason Watch

Business & Economics

By Matt Waterson (NEWS CONSORTIUM)

After years of economic slump, the economy jumped on the fast track, and is growing by its fastest rate in over a decade.

Made in the U.S.A.: Lincoln Logs come back home just in time for the holidays

Made in the U.S.A.: Lincoln Logs come back home just in time for the holidays Watch

Business & Economics

By Abigail James (NEWS CONSORTIUM)

Lincoln Logs, a classic American toy invented in 1916 by John Lloyd Wright, has been a popular iconic toy for many years.

OPEC's bust is America's boom! Why cheap oil is a friend to America

OPEC's bust is America's boom! Why cheap oil is a friend to America Watch

Business & Economics

By Matt Waterson (NEWS CONSORTIUM)

The price of a barrel of oil continues to plunge, bringing with it an economic boon to motorists and headaches and potential layoffs to oil ...

Is OPEC over and done with? Bank of America makes startling predictions

Is OPEC over and done with? Bank of America makes startling predictions Watch

Business & Economics

According to Bank of America, the OPEC oil cartel no longer exists in any meaningful sense. Furthermore, crude prices will drop to $50 a barrel ...

Sears no longer where America shops: 235 stores to close shortly

Sears no longer where America shops: 235 stores to close shortly Watch

Business & Economics

Few retailers are as American as Sears, one of its former and most popular taglines being "Where America Shops." That's no longer the case, as ...

36-year-low: Labor participation in the U.S. lowest since 1978

36-year-low: Labor participation in the U.S. lowest since 1978 Watch

Business & Economics

The year 1978 was marked by the non-ironic use of disco music by Americans who blasted it on the radio to shake their groove things. Another, far ...

Reflects very badly on U.S.: China is now world's largest economy

Reflects very badly on U.S.: China is now world's largest economy Watch

Business & Economics

In the great car rental war that was between Hertz and Avis back in the 1960s, Avis took pride in the fact that they were behind Hertz with the ...

Falling oil prices have helped the U.S. economy and revitalized the spending power of the American consumer

Falling oil prices have helped the U.S. economy and revitalized the spending power of the American consumer Watch

Business & Economics

The recent plummet of oil prices have drained hundreds of billions of dollars from oil-rich exporters and oil companies but has injected a ...

Internet retail giant Amazon switches to a ROBOT workforce of thousands

Internet retail giant Amazon switches to a ROBOT workforce of thousands Watch

Business & Economics

Internet retail giant Amazon.com Inc. is handling "Cyber Monday" - the online shopping rush that usually occurs on the Monday following the ...

Is Apple about to hit $1 trillion? Not if Google has anything to say about it

Is Apple about to hit $1 trillion? Not if Google has anything to say about it Watch

Business & Economics

Silicon Valley tech giant Apple may one day be worth more than a trillion. Just for a second think about how massive that is.

Feet on the desk - more and more Americans simply don't want to work anymore

Feet on the desk - more and more Americans simply don't want to work anymore Watch

Business & Economics

Nearly four in 10 Americans, or 92 million, are not in the labor force. Many are unemployed for no fault of their own. Many others have simply ...

REAL INCOME INEQUITY: 85 richest people now have as much money as poorest 3.5 billion

REAL INCOME INEQUITY: 85 richest people now have as much money as poorest 3.5 billion Watch

Business & Economics

The very rich and the very poor just grew further apart. According to Oxfam, the broadening chasm between wealth and poverty has grown so wide ...

Jaded with politics? It's because America has become a plutocracy -- but Catholic Social Doctrine has the fix

Jaded with politics? It's because America has become a plutocracy -- but Catholic Social Doctrine has the fix Watch

Business & Economics

As Americans head to the polls this election day, they are extraordinarily jaded. Fed up with campaigns, elections, and the lack of change and ...

SURVEY: Singapore best country to do business with, for ninth year in a row

SURVEY: Singapore best country to do business with, for ninth year in a row Watch

Business & Economics

Conservative and strict - there are heavy penalties for littering, as well as being wildly prosperous, the feisty Asian nation of Singapore has ...

Is it a sign of impending collapse? Financial savant Warren Buffett loses two billion in stock market

Is it a sign of impending collapse? Financial savant Warren Buffett loses two billion in stock market Watch

Business & Economics

Warren Buffett, the man known for focusing on long-term investment performance as apposed to making the quick buck, has lost $2 million in ...

Christmas shopping in October? Apparently it's becoming a big deal

Christmas shopping in October? Apparently it's becoming a big deal Watch

Business & Economics

Shoppers are starting early with October 5 being declared by retailers as "Stock Up Saturday." Consumers are already Christmas shopping which means ...

List of Top 20 World Brands - Apple tops Google as world's leading brand for second time in row

List of Top 20 World Brands - Apple tops Google as world's leading brand for second time in row Watch

Business & Economics

Apple has topped Google as the world's most valuable brand for the second year in a row. The two companies are the only brands to be valued at ...

Here they come! China passes U.S. economy based on purchase power

Here they come! China passes U.S. economy based on purchase power Watch

Business & Economics

The International Monetary Fund (IMF) has reported that China has overtaken the United States and is now the world's largest economy, at least ...

Rosie the Riveter would cry: Record 55,553,000 women not participating in U.S. workforce

Rosie the Riveter would cry: Record 55,553,000 women not participating in U.S. workforce Watch

Business & Economics

The strides made by women in the workplace seems to have gone up in smoke across the United States. The determined visage of Rosie the Riveter ...