| Jan 15, 2014
| 8:29 AM
California solar panel installer SolarCity is turning to small investors to raise cash to expand its network of rooftop solar systems.
The company, which installs solar panels on homes and businesses and government buildings, will allow individual...
| Jan 21, 2014
| 12:29 PM
Billionaire and former tech mogul Bill Gates predicts that there will be almost no poor countries left in the world by 2035.
Almost all nations will be either lower-middle income or wealthier, and most will have surpassed the 35 countries that are...
| Jan 13, 2014
| 7:10 AM
WASHINGTON -- The nomination of former Bank of Israel head Stanley Fischer to be Janet Yellen's lieutenant gives the Federal Reserve a "Dream Team" in the top two positions, Pimco Chief Executive Mohamed El-Erian said Monday.
Fischer was the "most...
| Oct 14, 2013
| 6:43 AM
WASHINGTON -- Upset that the fiscal stalemate in Washington is threatening the global economy, China called for the U.S. dollar to be replaced as the international reserve currency as well as for broader steps to create a "de-Americanized world."...
| Jan 15, 2014
| 5:50 AM
WASHINGTON -- The global economy is at a turning point this year as it shows signs of strengthening, with the U.S. and other developed countries expected to see stronger growth, the World Bank said.
"Most of the acceleration is expected to come from...
| Oct 9, 2013
| 7:02 AM
WASHINGTON -- The U.S. needs to get "its act together" and raise the debt limit before a default derails the nation's recovery and damages the world economy, a top International Monetary Fund official said Wednesday.
Short-term interest rates have risen...
| Mar 13, 2014
| 10:41 AM
WASHINGTON -- Stanley Fischer, the former Bank of Israel president nominated for the Federal Reserve's No. 2 job, defended his work on Wall Street and told senators at his confirmation hearing Thursday that he understood the effect of economic problems on...
| Dec 11, 2013
| 8:12 AM
WASHINGTON -- Clear communication from Federal Reserve officials could reduce the risk to developing economies when the central bank starts reducing a key stimulus program, the head of the World Bank said.
Developing nations saw their borrowing costs...
| Jan 10, 2014
| 8:35 AM
WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....
| Feb 2, 2014
| 9:10 PM
MEXICO CITY — A former left-wing guerrilla leader held a wide lead in El Salvador's presidential race Sunday night, but it was unclear whether Salvador Sanchez Ceren could avoid a runoff.
With 57% of the ballots tallied, Sanchez Ceren, the vice...
| Feb 20, 2014
| 5:00 AM
JUBA, South Sudan — After South Sudan's optimistic 2011 vote for independence, the country's deadly December descent into ethnic fighting has tried the patience of Western donors, diplomats, humanitarian organizations and investors alike. But for...