Apple has more cash than Uncle Sam

LOS ANGELES - Apple Inc. may not have more money than God. But it's got more cash than Uncle Sam.

Economist examines US debt limit impact

It's not exactly comforting that the United States is running up against its debt limit, as officials announced this week, nor is there immediate cause for concern for the average taxpayer, says University of Michigan economist ...

Q&A: Are we headed for another recession?

A standoff in the U.S. over the debt ceiling. The possibility of more bailouts in Europe. Markets slumping almost everywhere. We spoke to Professor Eric Kirzner to get a sense of what’s causing financial uncertainty ...

Why this love triangle works

The carnage on global stockmarkets following the US's debt ceiling fiasco and credit downgrade will only make Australians think about the country's future even less in terms of the US and even more in terms of China.

Wipro profits up 18 pct on strong demand

Wipro reported an 18 percent rise in December quarter profits Friday, beating expectations as global cost-cutting drives global businesses to Indian outsourcing companies.

Q&A: Bringing the debt ceiling down to our level

Much ado about the debt ceiling the past couple months. As the issue plays on (and on and on) in the news cycle, a reset is in order. Let's get to the nuts and bolts of an issue that—believe it or don't—can be understood ...