Stephen Foley

Stephen Foley is a former Associate Business Editor of The Independent, based in New York. He left in August 2012. In a decade at the paper, he covered personal finance, the UK stock market and the pharmaceuticals industry, and had also been the Business section's share tipster. Between arriving with three suitcases in Manhattan in January 2006 and his departure, he witnessed and reported on a great economic boom turning spectacularly to bust. In March 2009, he was named Business and Finance Journalist of the Year at the British Press Awards.

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Facebook children ban could be lifted

Faced with slowing growth in its advertising business, Facebook is considering throwing open its social network to children, in the hope that their parents will pay for games and other content on the site.

Stephen Foley: America should avoid a double-dip recession

US Outlook There is no positive way to spin the May unemployment numbers released in the US yesterday. Jobs growth has decelerated sharply in the world's largest economy, the Americans lucky enough to be in employment are working fewer hours, and there is no improvement on the immediate horizon. Temporary employment – usually a signal that businesses' demand for labour has increased and that they will likely add permanent jobs in the near future – was down, too.

Stephen Foley: Why Americans have got themselves in a froth over super-sized soft drinks

US Outlook The image of the sedentary, pop-swilling American is more than a stereotype; one in three people here is obese, and the numbers are going up, along with the incidences of chronic disease, such as diabetes, that disproportionately afflict the overweight. There are many causes, inevitably, but one villain in particular is in the sights of government: the fizzy drinks industry.

Stephen Foley: Why can’t exchanges stay open all night?

US Outlook It is time to mothball the closing bell of the New York Stock Exchange. That ring-a-ling-a-ding might be iconic of American capitalism, but the opening hours of US exchanges are starting to look anachronistic in an age of 24-hour connectivity.

Steve Jobs' heir Tim Cook: Steve was a genius, but I will run Apple as my own man

Tim Cook, the chief executive of Apple, stepped out from the shadow of Steve Jobs in his first major public interview, saying that working at the tech giant is his "oxygen" and that the company's late founder told him to be his own man.

Stephen Foley: Do, do run, Ron. Run. Do, do run, Ron

Is Ron Paul betraying the movement he built?

Facebook shares slump to new lows

Facebook shares slumped to new lows last night, as speculators placed negative bets on the social network's business outlook.

The latest culinary invention is the non-stick ketchup bottle

Inventors free trapped ketchup

It is the latest culinary invention to be hailed as the best thing since sliced bread: the non-stick ketchup bottle.

Facebook was listed on the Nasdaq in New York on 18 May

Facebook: The shares shenanigans

Investors are crying foul over the huge losses they incurred when the social network site floated on the stock market last week. Stephen Foley reports on a financial fiasco

Stephen Foley: How much should a start-up’s founder cash in?

Andrew Mason has cashed out $31m in Groupon’s short life

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