Positive conditions for consumer spending in the U.S.
The Deloitte Consumer Spending Index (Index), which is an indicator of future consumer spending, dropped slightly in August.
The Index is able to make a...
Tax breaks for small businesses and individuals may end this year
By the end of this year, some people and small business may not get the tax breaks (reductions in tax) that they have been...
Industrial production up 0.4% in August, USA
Industrial production increased by 0.4% and manufacturing by 0.7% in the USA in August, compared to no change and a fall of 0.4% respectively...
The Federal Reserve will taper its $85 billion in monthly bond buying
The Federal Reserve is about to taper its $85 billion in monthly bond buying - meaning that the economy is beginning to recover.
The latest...
Yahoo stocks climb back up
Yahoo stocks hit $30 for the first time since February 2008, when Microsoft made an unsolicited bid to acquire the company.
Reaching this point seemed...
Twitter is going public – a planned IPO is underway
Twitter is going public.
The news comes following a tweet that the company made saying that it has just submitted an S-1 to the SEC...
U.S. economy returning to normalcy – UCLA Anderson Forecast
The U.S. economy is returning to normalcy, according to the latest UCLA Anderson Forecast's outlook.
Despite the economy not being “normal relative to historical standards”,...
Foreclosure starts fall 8% in August, USA
Overall foreclosure filings - default notices, scheduled auctions and bank repossessions - in the United States were reported on 128,560 properties in August, a...
August retail sales disappoint, USA
August retail sales rose by 0.2%, compared to a revised 0.4% in July, the US Commerce Department informed.
August saw the smallest increase since April.
The...
70% of of global incremental energy demand will come from Asia
Over the next two decades more than 70% of global incremental energy demand will come from Asia.
The news was announced at the Annual Meeting...