US budget deficit totaled $52.5 billion in May due to calendar adjustments
The US government budget deficit in May totaled $52.5 billion, down from a deficit of $84.1 billion in May 2015.
The drop was largely due...
US household wealth rose to a record $88.1 trillion in Q1 2016
US household wealth rose by one percent in the first quarter of 2016 to a record $88.1 trillion, according to data released by the...
Guy Hands abandons £1.5 billion fraud claim against Citigroup
Guy Hands, English financier and investor, has abandoned his £1.5 billion fraud claim against Citigroup over the disastrous 2007 acquisition of the music label...
Brexit means no free access to EU market suggests German Finance Minister
German Finance Minister has suggested the UK would most likely find itself out in the cold regarding a trade deal if Brexit occurs. Dr....
George Soros is confident support for the UK to remain in the EU will...
Billionaire investor George Soros is confident that British support for the UK to remain in the EU will rise ahead of the vote later...
Tesco Mobile offering monthly discount if customers agree to view ads on their phone
Tesco Mobile has launched a new mobile phone deal called Tesco Mobile Xtras which gives customers a discount on their monthly bill in return...
Amazon has launched a full online grocery service in the UK
Amazon has launched a full online grocery service in the UK.
The service, called AmazonFresh, is now available for the retailer’s ‘Prime’ customers in central...
Brexit could cost UK exporters up to £5.6 billion each year in duty on...
The head of the World Trade Organisation (WTO) warned that a Brexit would have a damaging effect on UK business competitiveness, with British exporters...
Janet Yellen said weak labor report has raised new questions about US economic outlook
Fed Chairwoman Janet Yellen said on Monday that Friday’s weak labor report has raised “new questions” about the US economic outlook, adding that a...
Pound slid to 3 week low as Brexit jitters start to kick in
The pound slid to a 3-week low as Brexit jitters start to kick in – three polls suggest support for leaving the European Union...