A small business owner interested in doing some local Marketing should definitely consider advertising their business on online classified ads sites. There are many advantages to using this form of marketing and it is especially suited to meet the needs of small business owners who would like to get more customers to contact them. Here are [...]

The European Central Bank’s offer of cheap long-term cash is an attempt to prevent a rapid bank deleveraging shock rather than U.S.-style money printing that will filter through to the real economy and leach into other markets. Italian and Spanish government bonds may benefit a little from newly flush banks buying them. But the money [...]

AT&T has dropped its controversial $39 billion bid for Deutsche Telekom’s U.S. wireless unit, bowing to fierce regulatory opposition and leaving both companies scrambling for alternatives. AT&T will have to find another way to address its shortage of wireless airwaves while Deutsche Telekom has to go back to the drawing board on what to do [...]

BRUSSELS – European Union leaders sealed a new fiscal pact ensuring tougher budget discipline but failed to agree on a treaty change to enshrine the rules, meaning a deal may now involve the 17 euro zone nations plus any others that want to join, diplomats said. An agreement involving all 27 EU members fell through [...]

NEW YORK – Americans are beginning to feel more confident about the U.S. economy just as the all-important Christmas shopping season begins. But their optimism may be short-lived. Consumer confidence surged in November to its highest level since July, a sign that Americans may be more willing to spend, the Conference Board reported Tuesday. “Consumers [...]

The trustee liquidating MF Global Holdings Ltd’s broker-dealer unit asked a federal bankruptcy judge to authorize the distribution of another $2.1 billion to former commodities customers, roughly doubling the total payout to $4.1 billion. James Giddens, the trustee for MF Global Inc, said the increased payout should restore at least two-thirds of U.S. segregated customer [...]

WASHINGTON  – U.S. regulators are privately questioning a bankruptcy trustee’s estimate that puts the shortfall in MF Global Holdings’ customer funds at around $1.2 billion, a source familiar with the matter said on Monday. The source said regulators believe at least $220 million is being double-counted by the trustee, taking the total shortfall at the [...]

BERLIN – German Chancellor Angela Merkel slapped down a new European Union push for bonds issued jointly by the 17 euro nations, saying Tuesday that they wouldn’t resolve the debt crisis and now is the wrong time to discuss them. Merkel dug in on her resistance to calls for an instant solution to the crisis [...]

BEIJING – China’s annual inflation rate eased to 5.5 percent in October, a third straight month of decline from July’s three-year peak and Premier Wen Jiabao said prices had fallen further since then. The rise in the consumer price index was bang in line with expectations from a NEWS.GNOM.ES poll and showed inflation falling from [...]

WASHINGTON  – A top U.S. Treasury official will travel to Jordan and Lebanon to meet with officials to discuss the impact of economic sanctions against Syria, the Treasury Department said on Monday. Daniel Glaser, the Treasury Department’s assistant secretary who investigates terrorism financing, is expected to brief officials in Beirut and Amman against possible attempts [...]