Articles by Owen Davis

Reporting on Wall Street and finance for International Business Times.

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The Software Economy

The digital technology sector occupies a central role in the economy — accounting for 6 percent of total U.S. gross domestic product, new data confirm. But its impact on employment is less certain.
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The Euro’s Rejects

There are seven countries in the European Union that must adopt the currency one day but remain in limbo. Here’s why they’re still not on board.
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Fed To Big Banks: Break It Up

Federal Reserve officials outlined Thursday how new federal requirements on the largest banks could force major financial institutions to split up.
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May Jobs Report: Three Key Questions

Friday’s jobs report is the last one Fed officials will see before their June meeting. From Verizon strikers to wages, here’s what they might be watching for.
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US Economic Growth Revised Higher

The Commerce Department said U.S. gross domestic product in the first quarter grew at a 0.8 percent pace, up from the previous estimate of 0.5 percent.

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