U.S. mortgage loan delinquencies are projected to decline to five percent by the end of 2012 from around six percent at the end of 2011, according to TransUnion.
Roland Li
Dec 07, 2011
French President Nicolas Sarkozy and German Chancellor Angela Merkel announced measures to be discussed at this week's crucial European Council meeting.
Bhaskar Prasad
Dec 07, 2011
China's annual rate of export growth slowed in November versus October, vice commerce minister Chong Quan told reporters on Wednesday, confirming market expectations that deteriorating external conditions are dragging on the world's No. 2 economy.
IBT Staff Reporter
Dec 07, 2011
The Bank of Canada kept its overnight interest rate at 1 percent on Tuesday, as expected, and gave no suggestion of an impending rate cut even though its view of the European debt crisis has clearly darkened.
IBT Staff Reporter
Dec 06, 2011
Women are attending and obtaining degrees from U.S. colleges and universities at a pace exceeding that of men. On some co-ed campuses, the girls outnumber the boys by a ratio of almost three-to-one.
Palash Ghosh
Dec 06, 2011
Total construction spending has contributed to real Gross Domestic Product (GDP) over the past two quarters and is expected to add to economic growth through 2013.
Manikandan Raman
Dec 06, 2011
Visa Inc. (NYSE: V) and the government of Rwanda announced a partnership at a Monday press conference in Kigali, the capital city of Rwanda. Under the agreement, Visa will help the government extend access to financial services to local and international consumers throughout the country.
Moran Zhang
Dec 05, 2011
Sooner or later, income taxes on upper-income groups in the United States, including the uber-rich, have to be raised to balance the federal budget, and to restore tax fairness.
Joseph Lazzaro
Dec 05, 2011
Merkel said France and Germany are demanding structural changes which go beyond agreements.
Palash Ghosh
Dec 05, 2011
The economy showed signs it was decelerating, with an index of service activity pointing to slower growth in November while new orders for factory goods declined in October for the second straight month.
IBT Staff Reporter
Dec 05, 2011
You can't blame investors for feeling a bit hesitant regarding deploying new money in the U.S. stock market these days. Lingering concern about Italy's finances, along with below-trend U.S. GDP growth has created an uncertain U.S./Europe economic outlook. Where's the Dow likely to head in the next six months?
Joseph Lazzaro
Dec 05, 2011
Prime Minister Mario Monti, boosted by positive market reaction, takes a 30 billion euro austerity package to Italy's parliament on Monday to help stem a debt crisis threatening to overwhelm the Eurozone.
Consella Lee
Dec 05, 2011
NICOSIA, Dec 5Sources told Reuters at the weekend that Germany was prepared to soften language in the euro zone's permanent rescue fund that compels bondholders to accept losses in exchange for much stricter budget rules.
IBT Staff Reporter
Dec 05, 2011
The HSBC Purchasing Managers' Index for China's services sector fell to 52.5 from 54.1 in November, signalling its slowest rate of growth in three months and the latest in a series of data points portraying a quickly cooling economy in need of policy support.
IBT Staff Reporter
Dec 05, 2011
If you don't have the time to scrutinize U.S. and Europe/Asia economic data points daily, but you still want to take the pulse of the U.S. economy, use the price of oil as a shorthand. Oil, the world's most vital commodity, also provides a quick-read on the U.S. economy.
Joseph Lazzaro
Dec 04, 2011
India's moderating growth will help to ease inflationary pressure in the country, deputy governor of the Reserve Bank of India Subir Gokarn said on Saturday.
Raymond Ronamai
Dec 03, 2011
Canada's economy unexpectedly lost jobs for a second straight month in November, raising concern that weakness in other countries may do lasting harm to an economy that has so far been surprisingly robust.
IBT Staff Reporter
Dec 02, 2011
Gordhan said that the debt crisis in Europe is harming economies thousands of miles way.
Palash Ghosh
Dec 02, 2011
Donald Ramotar of the ruling People's Progressive Party (PPP/C) will be the next Guyanese president, scoring the fifth straight such victory for the party.
Palash Ghosh
Dec 02, 2011
U.S. manufacturing expanded at a faster rate in November and the overall economy grew for the 30th consecutive month, according to a closely watched index released Thursday.
Moran Zhang
Dec 01, 2011
India's manufacturing sector expansion slowed in November as factory output grew at its slowest pace in nearly three years although export demand should provide some cheer for factories.
Raymond Ronamai
Dec 01, 2011
The Canadian economy grew at an annualized rate of 3.5 percent in the third quarter, recovering more solidly than expected from a 0.5 percent contraction in the second quarter that was linked to the impact of Japan's earthquake and tsunami.
IBT Staff Reporter
Nov 30, 2011