Energy insecurity new concerns during cold snap
In spite of its toll on America’s most vulnerable citizens, the problem of energy insecurity is still widely…
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Comcast Time Warner Cable acquisition in $45 billion deal
A Comcast Time Warner Cable acquisition worth $45 billion has been agreed, creating a giant that will control more…
UK bank interest rate policy change
The UK bank interest rate policy has been adjusted to include not only unemployment, but also a wider range of…
Barclays to fire thousands after raising bonuses
Barclays PLC, the British financial multinational that employs 140,000 people, says it plans to reduce its…
Stimulus taper continues, Yellen
The stimulus taper continues, Janet Yellen, the new chair of the US Federal Reserve System insisted today before a…
Fixed retirement age should be abolished, says report
The fixed retirement age or default retirement age (DRA) should be abolished globally, say researchers from the…
December US trade deficit widens, exports decline
The December US trade deficit widened to $38.7 billion, compared to $34.6 billion in November, says the Bureau of…
American scientific leadership shrinking
American scientific leadership has shrunk over the last ten years, as China, South Korea and some other nations…
ECB inaction, holds interest rate at 0.25%
The ECB holds its benchmark interest rate at 0.25% after today’s meeting.
ECB (European Central Bank) president,…
CVS Caremark to stop selling tobacco products
A major US pharmacy chain, CVS Caremark, is to stop selling cigarettes and all other tobacco products, the company…
Local foods and their economic benefits
Local foods offer tangible economic benefits in several regions, says a team of economists at Penn State's College…
Predicting stock prices is possible
Predicting stock prices is possible, according to a new study from the Tippie College of Business at the University…
Dark pools attract more informed investors to public stock markets
A new MIT study found that dark pools (private stock markets) increase the ratio of well-informed investors who…
Personal spending increased but not income, US
While personal spending increased in December in the US, personal income remained virtually unchanged, says a new…
Prompt payment culture vital for economic recovery, UK
A prompt payment culture is crucial for the UK’s economic recovery, says the Confederation of British Industry…
Hedging not so evil, study
For the first time, a study has found that hedging can increase firm value.
The overuse of derivatives, which…