- Is Europe Making Japan Unsafe For US Investors?
June 21 2012 11:37 AM
Japan's gaping trade shortfall with the EU could exacerbate its fiscal woes by worsening its debt situation and subjecting Japanese government bonds to rising yields in the face of mounting market fears and increasing skepticism among U.S investors.
- RBI Rate Decision Pressures Delhi For Fiscal Action
June 18 2012 2:31 PM
The surprise decision Monday by the Reserve Bank of India to hold its interest rate steady because of inflation concerns puts fresh pressure on the ruling Congress Party to find a fiscal solution to the country's flagging economy.
- Weakening Demand In Europe And China Takes Toll On US Manufacturing Jobs
June 15 2012 8:56 PM
There are fresh signs the U.S. economy may be caught in a storm fed by a floundering Europe and a slackening China. Weakening demand in both regions appears to be taking a toll on U.S. manufacturing, already the locus of a contracting workforce.
- Long-Term Unemployment, Increasing Poverty Plague UK
June 15 2012 3:55 PM
A tight squeeze on salaries of full-time employees, along with spending cuts and burgeoning levels of part-time employment and long-term unemployment, offsets the decline in overall unemployment, leading to a rise in the number of poor Britons.
- Mario Monti Squeezed Between Bond Markets And Italians' Resistance
June 13 2012 6:23 PM
Mario Monti faces public opposition to his push for austerity and close coordination with Germany. In the wake of the Spanish bailout, fresh skepticism from investors dogs him as he urges the parliament to step up reforms.
- US National Debt - 5 Times Greater Than The Government Admits
June 12 2012 7:18 PM
The IOU that is being laid on the doorsteps of U.S. taxpayers in the form of the national debt is far greater than most Americans realize. That's because the federal government does not report the true size of the national debt -- now nearly $80 trillion.
- Upswing In Chinese Lending Beats Economists? Expectations
June 11 2012 10:43 AM
Chinese banks are ramping up their lending to retain the country's pace of growth in the face of a listless global economy.
- US Trade Gap Shrinks In April, But Deficit With China Worsens
June 08 2012 4:05 PM
Lower U.S. demand for crude oil and petroleum products in April helped shrink the nation's balance-of-trade deficit from the previous month, the Commerce Department said Friday, but the trade deficit with China worsened.
- More Takers For Home Loans, Fresh Respite For Underwater Borrowers
June 07 2012 6:44 PM
An increase in the spurt of mortgage applications, following low mortgages rates and a rising demand for refinancing activities
- Service Sector Growth Teases Out Mixed Sentiment
June 05 2012 10:53 PM
The performance of the non-manufacturing sector against the backdrop of the release of the non-manufacturing (NMI) index.