It's going to be tougher to make money 2011. I expect the government to strike back. I don't think they're going to let commodity prices continue to soar. I'm very concerned about the repercussions of that on investors.
The Spanish economy will show positive growth in the fourth quarter, said the country’s Prime Minister, after a flat third quarter prompted fears of another looming recession.
Applications for jobless benefits in the U.S. fell sharply for the week ended Dec. 25, recording a decline for four consecutive weeks.
Online spending in the United States rose 13 percent to almost $31 billion till date this holiday shopping season compared with the year-ago levels, according to research firm comScore.
The news about jobs, deficits, and poverty seem to get worse in the western nations and Japan day by day, while the economic and financial developments in the emerging markets appear to get rosier.
Up to 200,000 jobs could be cut next year due to harsh economic conditions and government cuts in the public sector, pushing U.K. unemployment to a 17-year high, warned the Chartered Institute of Personnel and Development (CIPD).
9/11, George W Bush, Afghanistan, Iraq, Hurricane Katrina, Recession, Facebook, Unemployment, Barak Obama and You Tube - this almost sums up the whole of the first decade this millennium for the United States. We have put together a series of events that changed your and in fact our lives. Take a short walk... Deep down the memory lane...Try to remember where you were when hell broke loose, joy came knocking on your doorstep. Where were you when politicians lied, slapped taxes, or kept their pro...
The government of Vietnam said it will provide interest-free loans to state-owned shipbuilding company Vietnam Shipbuilding Industry Group (Vinashin) to pay wages, after the company was unable to make the first repayment on a $600-million loan to Credit Suisse.
Americans owe more in student debt than in credit cards and rival the default rate in home mortgages
Recent collaborative study by Wall Street Journal and Indeed.com shows spurt in hiring across companies in the US
Recent economic reports indicate that the average U.S. consumer is feeling more confident about the economy and intends to spend more with that belief. Consumer spending, which forms about 70 percent of GDP growth, rose in November for the sixth straight month, the Commerce Department reported on Thursday. Personal income also inched up marginally, which prices also rose during the month.
Consumer confidence in the U.S. improved to its best level in six months during December but the state of consumers' finances still remains grim, the Thomson Reuters/University of Michigan Survey said on Thursday.
Applications for jobless benefits in the U.S. fell unexpectedly for the week ended Dec. 18, posting a decline for three consecutive weeks.
The UK's GMB union has said thousands of public sector workers in the country are getting at risk warning letters, dampening the upcoming holidays, the BBC has reported.
Growth in the eurozone will be weaker than in the US and the UK in 2011 and the euro will fall further, despite positive near-term forecasts for the region and improving global economic prospects, analysts have said.
US president Barack Obama welcomed the US Senate's ratification of the new strategic arms reduction treaty between the country and its former cold-war rival Russia. The President maintained that Wednesday's vote proves that Washington is not headed for 'more partisanship and more gridlock'.
With the Great Recession continuing to take a toll on America’s middle class, it should come as no surprise that homelessness and hunger remain tough problems for America’s cities, as the annual report by the U.S. Conference of Mayors points out.
Existing home sales in the U.S. picked up again in November, after a surprising drop during October, according to a report by the National Association of Realtors.
25 percent of employed Americans are most grateful for the stability in their jobs
Contrary to the prevailing view, the U.S. economy will gain growth momentum in the year ahead, while GDP will grow stronger in Europe and Japan, research firm IHS Global Insight has said in its forecast for 2011.
Japan's economic recovery seems to be pausing, though there are signs of a moderate recovery, the Bank of Japan said in a statement on Wednesday.
Economic evidence today suggests that we don't need QE2, said Nicholas Sargen, chief investment officer at Fort Washington Advisors.
