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Russia's Reserve Funds Could Run Out by Next Year

Russian spending is taking its toll on key reserves according to the latest report.

Carbon Trading Takes a Hit in Latest Climate Change Deal

Another setback for carbon trading, following the UN climate chief's announcement that the latest climate change deal will not include a global carbon price.

New Home Sales Plunge in the U.S.; Record Declines in the Northeast

Sales of new homes in the U.S. have slumped to the lowest level in almost a year, dropping 11.5 percent this month.

Gas Prices Continue to Fall; Cheapest in Charleston, Highest in LA

The average gas price in the U.S. has dropped by 10 cents over the past two weeks according to the latest Lundberg survey.

Bad News for Bacon Lovers as Processed Meats Linked to Cancer

Bad news for bacon lovers after the World Health Organization announced that processed meats cause cancer.

General Motors Narrowly Avoids Strike and Billion Dollar Losses

General Motors (GM) has reached a tentative agreement with the United Auto Workers union to avoid a strike.

3 Reasons Why Under Armour Is The Hottest Athletic Company Right Now

Under Armour (UA) reported earnings that beat Wall Street estimates on Thursday as the company powered its way over the billion dollar revenue line for the first time.

Lego Shortage Expected in Europe but U.S. Retail Sector Slows

Lego broke the news to fans this week that it may not be able to keep up with demand during the holiday season.

Low Oil Prices 'New Reality' for Gulf Region Until 2020 Says IMF

The International Monetary Fund has advised Gulf nations to adjust to the 'new reality' of low oil prices, estimating that growth in the region will slow to 3.25 percent.

YouTube Takes on Hulu and Spotify With Subscription Service 'Red'

YouTube (GOOGL) is gearing up to launch a subscription video channel named Red.

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