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Jumei, From A Startup In China To IPO On The NYSE

In 2011 China’s group-buying market was in a wild frenzy with thousands of competitors. Just a year later, the market chewed up and spat out most of them to leave only a handful of survivors. Major group buying or more accurately, daily deal sites such as Meituan, 55Tuan, Dianping, Nuomi and Lashou …

This chart may make you less worried about U.S. stocks

NEW YORK (MarketWatch) — A summer melt-up likely will be followed by a nasty correction this fall, predict strategists at Bank of America Merrill …

Looking for a job? Grab a down parka and go to Canada

In October, three months before Dan Themig’s busy winter season, he was scrambling to find enough employees to keep the natural gas flowing through the oil and gas pipelines of his clients.<p>While the energy company executive had 750 employees around the world at the time — engineers developing …

Oil & Gas Industry

Seven economic charts of the week that you really should see

US retail sales were strong<p>In March, US retail sales posted the biggest month-on-month gain since May 2012.<p>Indian inflation ticked up<p>The country’s gauge of wholesale prices for March rose 5.7% on increasing food prices. But observers still think that the Reserve Bank won’t need to hike rates just …

Economics

Chicken Soup for the Chilly Soul: 20 Comforting, Warm Recipes

Try one of these comforting chicken soups, from classic chicken noodle to khao soi.<p><b>Like sweaters, chicken soup is a warm, wintry comfort.</b> Chicken soup, however, is infinitely tastier. Check out our wildly different takes on chicken soup in the slideshow, and decide which style you're going for …

Cooking

STOCKS TUMBLE: Here's What You Need To Know

First, the scoreboard:<p><b>Dow:</b> 16,441.3 (-135.3, -0.8%)• <b><br>S&P 500:</b> 1,831.9 (-16.3, -0.8%)• <b><br>Nasdaq:</b> 4,143.0 (-33.5, -0.8%)<p>And now the top stories:<p>BI Intelligence, a new subscription research service from Business Insider, provides in-depth insight, data, and analysis of the mobile industry.<p>Access all …

S&P 500

Why oil prices plunged today and could keep falling

Oil prices plummeted today after reports of a two-week halt to protests that have blocked Libyan crude exports, and an economic slowdown in China. The plunge reflects the primary role of local politics and economics—in China, Libya, Nigeria, Iran and elsewhere beyond—in determining oil prices. It …

Oil

Euro falls to one-month low after Bernanke speech

NEW YORK (MarketWatch) — The U.S. dollar jumped to a one-month high against the euro Friday after outgoing Fed Chairman Ben Bernanke defended his …

Stock futures signal higher open for Fed-heavy session

A previous version of this story misstated the timing of Philadelphia Fed President Charles Plosser’s panel. The story has been corrected.<p>NEW YORK …

Google to a trillion, Buffett's five-year miss and beware the animal spirits - Need to Know - MarketWatch

Reuters<p>The New Year got off to a decidedly frigid start on Wall Street Thursday, both on the yellow-snow-covered streets and in the trading pits.<p>Not …

The euro zone’s credit crunch will get worse before it gets better

Another month, another grim data point on bank lending in the euro zone. The latest numbers, covering November (pdf), show that loans to companies in the euro zone are falling at a 3.9% annual pace, the fastest rate of decline in more than a decade. Loans to households are holding up better, but …

European Union

Land Rover recalls thousands of SUVs for potential airbag issue

Jaguar Land Rover is recalling 3,912 Range Rover sport utility vehicles in the United States because the front seat side airbags may not deploy.<p>The SUVs from model years 2013 and 2014 are being recalled because a connector in the airbag system may become disconnected, causing airbags on the driver …

Land Rover

Vodafone eyes deal to become India's biggest operator

Purchase of majority stake in Tata Teleservices would give company further foothold in emerging markets<p>Vodafone is considering a multi-billion pound deal to take control of the Indian mobile phone company Tata Teleservices.<p>It is understood that discussions between the company and the parent Tata …

Vodafone

Treasurys slip as Fed officials ponder exit plan

NEW YORK (MarketWatch) — Treasury prices edged lower Friday as Federal Reserve officials detailed their latest thinking about how the central bank …

Broadcom's Billionaire Chairman Names Seven Big Tech Trends Not to Miss at CES

To fully understand the power of consumer technology, look no further than the annual Consumer Electronics Show in Las Vegas. Over the last four decades, CES has been the launch pad for many innovative consumer devices, ranging from the VCR and the camcorder to DVRs and high-definition …

Tech stocks: Twitter shares still rising

Twitter shares are back on the rise on renewed optimism for its digital video advertising plans.<p>The social network's stock is up more than 3% in Friday morning trading, after gaining $3.85 to close the markets the day before.<p>This new jump in Twitter stock stems from a report from Evercore Partners …

Stocks end mixed on second day of 2014 trading

U.S. automakers released some strong year-end sales results.<p>Stocks finished the trading session mixed Friday in the second day of trading of 2014 as automakers released some strong year-end sales results.<p>The Dow Jones industrial average ended up 28.64 points, 0.2%, at 16,469.99. The Standard & …

Economic outlook '14: Hopes for big step forward

Four reasons why the economy will take off in 2014 and four reasons why it might not.<p>The economy abounds with hopeful signs as the new year arrives, enough that the Federal Reserve will begin to put its easy-money punch bowl on a higher shelf by trimming its bond purchases this month. But after …

China is No. 1 risk for world economy: Soros

The ultimate contrarian’s bets for 2014

This is the busy time of year at the hedge fund Pariah Capital.<p>Pariah is a super-exclusive, super-elite (and completely hypothetical) fund which …

10-year Treasury closes at key 3% level

The 10-year Treasury note closed above the psychologically important 3% level Friday for the first time since July 2011 as investors price in a less-easy Federal Reserve and stronger economic growth.<p>NEW YORK — The 10-year U.S. government bond closed at the key 3.00% level on Friday for the first …

U.S. jobless claims fall, holiday retail sales rise | Reuters

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly a month, a hopeful sign for the labor market, while holiday retail sales rose in November and December.<p>A man picks up a leaflet at a job fair in Los Angeles, …

Top 10 Predictions for Technology in 2014

Microsoft may get its mojo back, smartphones will get cheap, and we’re about to enter the Year of Encryption. A look at what to expect in telecom and …

Brazil’s GDP: Guido Mantega’s bad news

Tuesday’s release of Brazil’s latest GDP figures was bad enough on its own: third quarter growth came in much lower than expected, delivering the …

Fed Beige Book: Economy shows modest growth

The Fed's latest survey of regional economic conditions generally finds improvement in many areas, despite the government shutdown in part of October.<p>The economy grew at a modest to moderate pace from early October to mid-November as housing and the auto and technology industries continued to …

Apple's Schiller: Samsung gained ground thanks to copycat tactics

The head of marketing for Apple says Samsung beat out rivals such as Motorola and Nokia because the latter two companies didn't copy Apple as much.<p>SAN JOSE, Calif. -- It pays to copy Apple. Well, kinda.<p>Phil Schiller, head of marketing at Apple, testified Friday in court here that the reason Samsung …

Touchscreens