Google's stock roared out of a long slumber Friday to produce the biggest shareholder windfall in U.S. history as investors rewarded the Internet company for promising to curb its spending on risky projects.
Norway's parliament voted Friday to pull its sovereign wealth fund—the world's biggest—out of coal, in what is seen as a major victory for environmentalists.
An anti-poverty program tested extensively on three continents has produced sustained gains in individuals' income, wealth, and well-being, according to a study published today in the journal Science.
Norway said Friday it would bar its state pension fund, the world's biggest sovereign wealth fund, from investing in the worst climate-polluting companies.
Asia's billionaires led by Chinese tycoons enjoyed the fastest increase in their wealth this year compared to their peers in the rest of the world, a report said Wednesday.
Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs.
In global trade, cash flows are hidden to ensure maximum profits. Many developing countries end up as losers in the fight over revenues.
Wealth inequality among U.S. households roughly doubled between 2003 and 2013, according to a new analysis by University of Michigan researchers.
Yes, Virginia, there is greed. Greedy managers. Corporate greed. Greedy behavior. In fact, a web database search shows you can find such phrases in the business press over 18,000 times, confirming the subject's popularity ...