EU referendum clarity by British Government needed, says BoE Governor Mark Carney
The British Government urgently needs to provide clarity on its EU referendum procedure. The referendum will decide whether the United Kingdom stays or leaves...
UK number of unemployed down to seven year low
The jobless rate in the UK continued to drop, according to The Office for National Statistics (ONS), with the number of unemployed at a...
US retail sales unchanged in April on weak big-ticket purchases
US retail sales were unchanged in April as consumers kept spending in check, cutting back on purchases of big-ticket items such as automobiles.
The results...
Slower but ‘solid’ GDP growth, low inflation, rising at end of 2015, says Bank...
Economic growth in 2014 was described as 'robust' by the Bank of England in its 'Inflation Report' released on Wednesday 13 May, although it...
Chicago’s credit rating downgraded to “junk” by Moody’s
On Tuesday Moody’s Investors Service downgraded Chicago's credit rating by two notches down to the “junk” category, citing lagging tax revenue and unfunded pension...
US small business owners gained confidence in April
US small business owners gained confidence in April, according to a report released Tuesday.
Hiring activity also increased and most were bullish about capital expenditure...
Eurozone ministers meeting to discuss Greek debt
Eurozone finance ministers will meet in Brussels on Monday.
Greek politicians hope that EU ministers will recognize the progress that the country has made.
Greece is...
China cuts interest rates for third time in six months
The central bank of China cut interest rates for the third time in six months, in response to weaker than expected economic activity data.
The rate...
Homophobia in UK sport rife, new study finds
There is widespread homophobia in UK sport, says a new study ‘Out on the Fields’, the world’s first international study on homophobia in sport....
US economy added 223,000 jobs in April, unemployment rate at seven-year low
The US economy added 223,000 non-farm payroll jobs during April and the country's unemployment rate dropped to a near seven-year low of 5.4 percent....