Investment
  • Facebook Buys Instagram for $1 Billion

    By ALEXEI ORESKOVIC and Gerry Shih, Reuters

    Facebook will pay $1 billion in cash and stock for photo-sharing application Instagram, making its largest-ever acquisition in the months before a mega-IPO.

  • Dollar Falls to a One Month Low

    By JULIE HAVIV, Reuters

    The dollar fell to a one-month low against the yen on Monday as last week's disappointing U.S. employment data bolstered views the Federal Reserve could ease monetary policy further to boost the...

  • Risk On/Risk Off: Is the Pendulum Swinging Back?

    By Suzanne McGee, The Fiscal Times

    The first quarter – the best first quarter for stocks in 14 years, and only the ninth time in the last 60 years that gains in the opening three months of the year have exceeded 10 percent – already...

  • Spain, on the Brink, Could Derail the U.S. Economy

    Greece’s austerity plan, complete with debt swap, is now in place. Spain has announced its most rigorous budget since the post–Franco restoration of democracy in the 1970s. Italy has passed economic...

  • Expectations High for Bank Earnings

    By DAVID HENRY and RICK ROTHACKER, Reuters

    Bank executives face great expectations from investors when they report first-quarter results beginning Friday.