Oshkosh wins bid to manufacture JLTVs for $6.75B. The US Department of Defense has been looking for a replacement of the Humvee a short time after the war in Iraq became deadly in 2004.

Aug 28, 2015 04:30 AM EDT

Floyd Mayweather, one of the flashiest athletes in the world, shows off his latest addition to his car collection.

Aug 28, 2015 04:26 AM EDT

After the market downfall, many US stocks turn attractive as they're no more over prices equities. The lower PE ratios make it attractive for investors.

Sep 01, 2015 04:28 AM EDT

The drop in new businesses in the US services sector in early August caused slowdown in growth as PMI indicates in its latest analysis.

Aug 27, 2015 02:23 AM EDT

The latest devaluation of Chinese currency Yuan has triggered severe volatility in the foreign exchange (forex) markets. This has led many Asian nations into a dilema and forcing them to not take any major decision on growth plans.

Aug 26, 2015 10:05 AM EDT

Global manufacturing giant GE's stock plummeted on Monday and Tuesday on Wall Street in the absence of any major news affecting the company's performance. The plunge of over 20% eroded the stock value by $53billion. Chinese factor after the central bank slashed interest rate, again created fresh bout of fears that dampened that market sentiment and reversing the rebound on Tuesday.

Aug 26, 2015 09:56 AM EDT

Analysts advise investors not to worry about ongoing market crash as it's only a correction after recording continuous growth of over 200 percent since economic crisis in 2009. The stock markets fell about 10 percent in the latest market downfall.

Aug 26, 2015 01:40 AM EDT

After devaluing its currency, China takes another step to support its slowing economy. The world's second biggest economy is reportedly planning to free up funds for lending by cutting banks' reserve requirements.

Aug 25, 2015 03:47 AM EDT

Just when Greece was about to get a new 86 billion bailout package, its prime minister, Alexis Tsipras resigned calling for a snap election on September.

Aug 24, 2015 10:15 PM EDT

With prices of raw materials going down, mining companies are reeling under pressure. The slowdown in China economy is impacting their margins. Many mining companies are poised to slash costs.

Aug 24, 2015 04:40 AM EDT

Japane suffered drop in exports during the second quarter this year. This coupled with fall in personal conumption put pressure the world's third largest economy slowing down the growth rate to 1.6% as against the forecast of 1.9%.

Aug 24, 2015 02:53 AM EDT

The Chinese currency Yuan devaluation is not only impacting Asian economy alone, but also creating tremors in the world's largest economy. The US market is feeling the heat of devaluation of Yuan as it's indirect impact is more on consumer durable products, industry and stock markets as well.

Aug 24, 2015 02:52 AM EDT