The Bureau of Labor Statistics released data Wednesday that indicates New Yorkers earn nearly $1.14 for every $1 the average American worker makes.
IBT Staff Reporter
May 25, 2011
Gold Bullion prices were little changed below $1500 per ounce on Tuesday morning, but fell for non-US investors as the Dollar eased back on the currency market and European equity markets cut their earlier losses.
IBT Staff Reporter
May 17, 2011
The Australian share market closed lower amid concerns about a tough upcoming federal budget, strong local dollar and possible interest rate rises sparked by higher inflation figures.
Jamelle Agbuis
Apr 27, 2011
There will be a little less money to go around in China starting later this week. China's government is worried about rising prices and is tightening its grip on the country's cash. In the latest step, the country's banking authorities have told banks that they must raise the amount they set aside in their reserves another half a percentage point, effectively reducing lending.
IBT Staff Reporter
Apr 17, 2011
The Consumer Price Index data for March was in line with low underlying inflation, a top U.S. Federal Reserve official said on Friday, adding it is too early to determine whether commodity price spikes are playing a role.
IBT Staff Reporter
Apr 15, 2011
Rising food and gasoline costs lifted U.S. consumer prices overall in March, but underlying inflation pressures were contained and consumer confidence rose in April.
IBT Staff Reporter
Apr 15, 2011
Rising food and gasoline prices lifted U.S. consumer inflation as expected in March, but underlying inflation pressures remained contained, a government report showed on Friday.
IBT Staff Reporter
Apr 15, 2011
Consumer prices in Britain slowed for the first time in eight months in March, dampening expectations over interest rate hike by the Bank of England in the near term.
Shankar besta
Apr 12, 2011
The UK economy contracted less than previously estimated in the fourth quarter last year, as services and manufacturing output was revised higher.
Shankar besta
Mar 29, 2011
Retail sales in Britain fell more than expected in February, as rising prices dampened consumer spending in the country.
Shankar besta
Mar 24, 2011
The Gold Price rose sharply against all major currencies on Wednesday, touching near-two-week highs against the Dollar even as the US currency rose amid fresh European debt and budget concerns.
IBT Staff Reporter
Mar 23, 2011
The UK factory orders rose to a three-year high in March as strengthening domestic demand boosted manufacturing output in the country.
Shankar besta
Mar 22, 2011
Consumer prices in Britain rose more than expected in February, strengthening speculation over interest rate hike by the Bank of England (BoE).
Shankar besta
Mar 22, 2011
Consumer prices in the US rose slightly more than expected in February, as energy prices increased sharply.
Shankar besta
Mar 17, 2011
The Bank of Japan (BOJ) said on Monday it will increase the size of the asset purchase program from five trillion yen to 10 trillion yen and promised to inject additional liquidity into the financial system battered by the triple whammy of a disastrous earthquake, a tsunami and an unfolding nuclear crisis.
Jijo Jacob
Mar 14, 2011
Inflation in Germany rose more than previously estimated in February, strengthening speculation that the European Central Bank (ECB) may hike interest rate as early as next month.
Shankar besta
Mar 11, 2011
The Bank of England (BoE) on Thursday kept interest rates unchanged at 0.5 percent again, even though inflation remained above the central bank’s target of 2 percent for a fourteen consecutive month in January.
Shankar besta
Mar 10, 2011
Gold climbed to a record high above $1,440 an ounce on Monday as the threat of violence spreading in the Middle East and North Africa pushed oil prices to 2-1/2 year highs and burnished the metal's safe-haven appeal.
IBT Staff Reporter
Mar 07, 2011
Here are the ten largest unions in the country, their membership, assets, salaries of the bosses, and campaign contributions during 2009-2010.
Palash Ghosh
Mar 03, 2011
Manufacturing activity in the eurozone accelerated to a near 11-year high in February but input costs continued to rise, signaling inflationary pressures in the region.
Shankar besta
Mar 01, 2011
Homeownership as an investment is no longer the rock-solid foundation for the American Dream it once was, according to a survey released on Monday by the firm the government created in the 1930s to promote homeownership.
IBT Staff Reporter
Feb 28, 2011
Inflation in the eurozone was lower than initially estimated in January, but it still remained above the European Central Bank’s (ECB) target.
Shankar besta
Feb 28, 2011