Investors can monitor five stats to obtain a reading on the U.S. economy’s strength. Currently, these stats show a slowdown in U.S. GDP growth, which is why Congress should do more to create jobs and help increase the economy’s growth rate.
As U.S. President Barack Obama shifts the focus of his re-election campaign from joblessness to income inequality, unemployment has increased in more than one-half the country's states this year.
U.S. consumer spending will grow at a meager rate of 1.5 percent to 2 percent by the end of this year, Sterne Agee, a U.S. brokerage and investment firm said on Friday in a report.
The editor of Outlook denied that his publication’s cover story was a response to Time’s broadside against Singh.
Asian stock markets mostly lowered Friday as weak economic data from the U.S. and concerns over the euro zone debt crisis weighed on the sentiment.
President Barack Obama's weekend statement on Indian economic slowdown and recent downgrading of the country's sovereign credit ratings by the global rating agencies has evoked strong criticism from India. The Indian government and a section of authorities have blamed the global rating agencies and foreign investors for misjudging the Indian economy and deliberately trying to downgrade India's image.
According to the latest figures released Thursday, the murder rate in the UK fell by 14 percent year-on-year to 550 homicides in 2011-12; the lowest it's been since 1983. Violent crime in England and Wales also fell by 7 percent, while robberies declined by 2 percent. Overall crime rates against adults remained at the same as they have been for the last three years.
Britain risks permanent damage to its economy if the government does not adopt fiscal stimulus measures to reverse the country's recession, the International Monetary Fund (IMF) warned Thursday as it pressed for a reduction in the country's deficits to jumpstart its ailing economy.
The number of Americans lining up for new jobless benefits rebounded last week after a seasonal auto-plant retooling period caused a steep drop the prior week.
U.S. stock index futures point to a higher opening Thursday as corporate earnings reported for the second quarter exceeded expectations, indicating that business conditions are on the path of revival.
Christians in the Gaza Strip staged public protests earlier this week, claiming that five members of their small community had been kidnapped by Islamists with the intention of forcibly converting them to Islam.
The recession and housing crash have triggered a sharp decline in the share of American households who own their own home. Homeownership, which is at its lowest point in 15 years, is bound to fall even further, driven by tight credit, lackluster economic growth and more foreclosures.
Yemen is going through a difficult political transition after the ouster of president Ali Abdallah Saleh, but that isn't as bad as its humanitarian crisis
Spain's royal family have agreed to take a pay cut amid growing outrage over cuts to public sector wages and with the country mired in a deep recession.
The Irish government will spend more than ?2.25 billion ($2.76 billion) on new infrastructure projects and to restart existing road, school and health care construction projects to create as many as 13,000 jobs without hiking debt, government officials said on Tuesday.
U.S. builder confidence rose in the new single-family home market as in July by the greatest level in nearly a decade, led by improving market conditions and buyer traffic, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
Greece?s jobless rate is about double the average for the EU, while the unemployment rate among youths under 25 is an astounding 51.5 percent --- having doubled over the past three years.
The head of the world's most powerful central bank said it stands ready to offer additional monetary support to a U.S. economy that has slowed significantly in recent months, U.S. Federal Reserve Chairman Ben Bernanke told lawmakers on Tuesday.
The Socialist French President has fallen out of favor with the well-to-do crowd. They're fleeing the country to escape a new tax system that threatens to dig deep into their assets.
The euro zone will not disintegrate. Instead, there is a fifty-fifty chance of a split between the financially sound countries and economically weaker ones, the Economic Outlook Group said on Friday.
This summer, both Greece and Europe are between a rock and a hard place. Greece faces the possible prospect of domestic coalition collapse, or ouster from the euro zone; Europe’s leaders, an elongated repayment for their loans to Greece, or a Greece default.
The number of Americans lining up for new jobless benefits last week had its biggest decline in four years, the Labor Department said Thursday, but one-time factors such as fewer auto-sector layoffs than normal plus the July 4 holiday likely caused the sharp decline.
U.S. stock index futures pointed to a lower opening Thursday as investor sentiment continued to be dragged down by weak global economic conditions.
As President Barack Obama pivots to make income inequality a focus of his campaign, income and wealth disparities are widening to alarming proportions.
Newly released minutes of the U.S. Central bank's June 19-20 Federal Open Market Committee meeting were being taken by the stock market as indicating unwillingness to engage in further monetary easing.
After promising late last week to press the accelerator pedal on spending and tax reforms, Rajoy outlined a serious of major efforts aimed at reducing his nation's budget gap and securing the faith of his European Union partners.
In long forgotten days, before most bank profits came from risky speculation and taxpayer bailouts and those institutions still lived or died by their ability to attract depositors, customers who opened new checking accounts were often given toasters as tokens of appreciation.
The U.S. House of Representatives' Committee on Agriculture is scheduled Wednesday to start the final stage of producing its version of the farm bill, which will likely be delayed. An examination of both the House and Senate versions offer a glimpse into the priorities of U.S. agro policy through 2017.
It's going to be very, very dovish.
There is an undeniable transformation happening to the United States of America. For some it is subtle, for some it is overt, for some it is seemingly nonexistent. But, for all, it is disastrous and happening before our very eyes.