The U.S. trade deficit widened more than expected in March, as exports leapt to a new record but imports rose nearly 5 percent as oil prices jumped, a U.S. government report showed on Wednesday.
China's decision to open the country to U.S. mutual fund sales could be an important new avenue for growth for a mature industry.
After much anticipation, the release of the government's budget has failed to derail Aussie dollar's buoyancy.
The components of the European markets continue to diverge and are reflected in the strength of the German economy relative to peripheral economies.
Microsoft announced a definitive agreement to buy Skype for $8.5 billion. The deal is simply stunning, for the potential brand reach Microsoft will gain, the bo...