Increasing confidence in global economic growth

There is significantly more confidence in global economic growth, according to the Bank of America’s Merrill Lynch Fund Manager Survey, which included a total of 180 managers, managing over US$516…

Optimism about U.S. economic recovery

There is encouraging optimism about U.S. economic recovery and opportunities for businesses among Chief Financial Officers (CFOs) in the U.S., according to the latest survey conducted by Baruch…

Rupee hits new low against the dollar

The rupee fell to 62.03 per dollar, a new record low. Foreign investors have been taking their money out of Indian debt and shares amid concerns over its economy.The rupee fall occurred despite…

Consumer prices up 0.2% in July, USA

Consumer prices rose moderately in July, according to the Bureau of Labor Statistics (BLS), mainly because medical care services, cars and food saw minimal increases.However, earnings have not…

Bill Ackman resigns from J.C. Penney’s board

Bill Ackman of Pershing Square Capital Management has just resigned from the board of J.C. Penney. The resignation comes following a series of decisions made by the company that were outside the…

American middle class continue to financially struggle

A new report titled “The Myth of America’s ‘Culture of Consumerism’: Policy May Help Drive American Household’s Fraying Finances” has examined what is preventing American middle class families from…

Global customer satisfaction climbs up

Following a year of decline customer satisfaction is on the rise again.The latest Zendesk Benchmark report reveals that the average customer satisfaction rating increased by 3 percentage points…