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Despite rise, gold returns less than a checking account since 1980

Gold’s best year in three decades has yet to match the returns of an interest-bearing checking account for anyone who bought the most malleable of metals coveted for at least 5,000 years during the last peak in January, 1980.

Taj exorcises ghost of terror

The two security guards with bamboo sticks look on sheepishly as guests make their way through metal detectors and X-ray scanners at the Taj Mahal Hotel in Mumbai. Before entering the hotel, however, a rather stern looking man — presumably part of the hotel’s elite security force — was asking them the purpose of their visit.

BofA to repay bailout funds worth $45 bn

Bank of America has said it will repay $45 billion bailout funds to the US government.