Dell shares increase by 5.5 percent following buyout offer
Dell shares have increased by 5.5 percent to $13.68 per share, following a buyout offer from founder of company, Michael Dell.
Mr Dell is attempting...
Boston Globe sold for just $70m
The Boston Globe has been sold by The New York Times for just $70m, a fraction of the $1.1bn it paid for the newspaper...
Jobless rate drops to 7.4%, USA
The American economy added 162,000 jobs in July, bringing the jobless rate down to 7.4%. In July 2012, 8.2% of U.S. adults were jobless.
Economists...
Most Americans are not optimistic about their financial position in the next six months
The majority of Americans believe that their household’s financial position will not improve in the next six months.
Most Americans aren’t that optimistic about the...
Middle aged were hit hardest by the ‘Great Recession’
According to a recent analysis conducted at the UCLA Center for Health Policy Research, middle-aged adults were hit hardest by the ‘Great Recession’, which...
More young adults living with their parents
Last year, 36% of American young adults were living with their parents.
According to an analysis of U.S. Census Bureau data, a record 21.6 million...
General Motors retail sales increased 23 percent in July
July was a good month for General Motors Co., with retail sales up 16 percent compared to July last year.
The company sold over 234,000...
Bank of England will keep bank rate at 0.5%
The Bank of England’s Monetary Policy Committee voted yesterday to keep the bank rate at 0.5% and the size of the Asset Purchase Programme...
Federal Reserve states that U.S. economy is improving
The U.S. Federal Reserve has issued a statement that the U.S. economy is improving.
During the first half of the year U.S. economic activity increased...
European unemployment rate drops slightly
The seasonally-adjusted EU27 unemployment rate fell from 11% in May to 10.9% in June, according to the statistical office of the European Union, Eurostat.
EU27...