U.S. Jobless Claims Report Sparks Rise in Asian Markets

A fall in U.S. applications for unemployment benefits sparked a buying spree in Asia. In Hong Kong the Hang Seng Index gained 1.2%, the Shanghai Composite Index advanced 1.4% and Japan’s’s Nikkei 225 Index added 1%.

Microsoft’s Bing Dives Into Online Shopping

Microsoft has gained on Google in search engine rankings — if only by a little. But it is taking advantage of the momentum by launching a new Bing shopping product for phones and computers.
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Why Warren Buffett Is a Terrible Guide for Small Investors

He may be one of America’s richest men, but should small investors try to do what Berkshire Hathaway’s legendary CEO does? Some analysts say no: The “Warren Buffett way” often doesn’t translate to what’s best for individuals, e…

Tablets and Smartphones Slow Laptop Sales Growth

Gartner has lowered its laptop-sales forecast for this year and the next, predicting that the popularity of tablets and smartphones will slow laptop sales. Gartner expects worldwide laptop sales to increase 11% this year and an…

Food Prices are Highest on Record as Oil Prices Rise

Global food prices are the highest in more than 20 years as rising oil prices stemming from civil unrest in the Middle East have caused the cost of items like cereal, dairy products and meat to increase, a United Nations agency…