Very few Californians have earthquake insurance
Just 12% of Californians have earthquake insurance compared to 30% in 1996, two years after the country’s most costly seismic shock (Northridge, California), says...
German August business climate index falls
The German August Business Climate Index for industry and trade declined, says Ifo, a Munich-based research group. The Index fell from 108 in July...
Can cutting emissions save money?
Can cutting emissions save money because cleaner air would lower rates of asthma and other health problems? If so, how great would the savings...
Low pay growth here to stay, says BoE deputy governor
Ben Broadbent, deputy governor of the Bank of England, believes low pay growth in the UK is here to stay, and warns British workers...
Argentinian import conditions illegal, WTO ruling
The European Commission welcomed a World Trade Organization ruling that Argentinian import conditions for companies trying to import goods into the country are breaking...
American inequality widened from 2000 to 2011
From 2000 to 2011, American inequality widened, says the Census Bureau. Median household net worth increased among the top 40% (top two quintiles) of...
Russian shrinking economy going from bad to worse
Is the Russian shrinking economy heading for a meltdown? According to the Economy Ministry on Friday, the country’s economy has shrunk in annual terms...
US Job market slack remains, says Yellen
Despite unemployment coming down to 6.2%, US job market slack still remains, said Janet Yellen, chair of the US Federal Reserve.
In her opening remarks...
Mexican economic outlook improved
Mexican economic outlook improved says The Conference Board, after the country’s Leading Economic Index increased 1.7% in June, the fourth successive rise, and its...
Family Dollar rejected Dollar General bid, sticks to Dollar Tree deal
Family Dollar rejected a bid worth $8.9 billion from its largest rival Dollar General , saying it prefers the Dollar Tree merger deal, even...