According to a majority of economists polled by Reuters who forecast growth will not accelerate the way the Trump administration has predicted, the U.S. economic expansion will last at least another two years. It has taken unusually long time for the recovery from the devastating 2007-2009...

The latest report from the International Energy Agency says that more time is needed before the shifting fundamentals in the oil industry are felt by markets even though it states that the oil market is re-balancing as demand continues to grow.   By revising up its July forecast from 1.4...

Even while analysts expressed their concerns with the health of the online lenders' sector, stocks in this sector were sent soaring after LendingClub Corp and OnDeck Capital Inc surprised investors very recently with strong growth forecasts and good quarterly results.   Bbanks pulled back...

A growing concern among the world's top luxury carmakers such as BMW and Daimler that robocars may not live up to the profit expectations that drove an initial investment rush is pushing them to talk about the virtues of having a bigger pool of engineers to develop a self-driving car as they...

Cementing its status as Asia's most pivotal oil market actor that will increasingly dominate the region's fuel trade, China is on pace to overtake the United States as the world's biggest oil importer this year.   Government statistics showed that China imported more crude oil in the first...

A costly toll was the result on the results of major U.S. and European companies in the latest quarter by the cyber attack that crippled Ukraine businesses and spread worldwide to shut down shipping ports, factories and corporate offices. And experts say that there is more to come.   The...

Minneapolis Fed President Neel Kashkari believes that at trimming the Federal Reserve's $4.5 trillion balance sheet gradually is the right thing to do because according to him, it is not doing a lot to boost the U.S. economy at this time.   "I think the big, big balance sheet isn't doing a...

Despite a U.S. regulator's decision that their offerings may be subject to tough securities laws, technology companies looking to raise money by issuing digital coins are moving forward with their plans.   While until this week it was unclear how the U.S. Securities and Exchange Commission...

For an increasing number of hackers and researchers, cyber attack is great for job security even though the surge in far-flung and destructive cyber attacks is not good for national security.   At t the annual Black Hat and Def Con security conferences, which now have a booming side business...

Marking the e-commerce giant's biggest push into Southeast Asia and its first head-on battle with Chinese rival, Alibaba Group Holding, Amazon.com Inc launched its two-hour delivery service in Singapore.   Including Prime subscriptions which provide access to the company's video-streaming...

While one problem has been solved, another problem may have been created by Hilton Worldwide Holdings Inc.’s newest big investor.   As overhang on the stock because of its heavy ownership by one company that planned to sell its shares was helped to be eased after China’s HNA Group...