Fed stimulus pullback, is timing right? Economists divided
Economists at the National Association for Business Economics (NABE) are equally divided on whether the Fed stimulus pullback – tapering back on its bond-buying...
Retail sales forecast for 2014, 4.1% growth, US
The National Retail Foundation (NRF) says its retail sales forecast for 2014 predicts growth of 4.1%, excluding restaurants, gas stations and automobile sales.
An increase...
G20 pledged $2 trillion extra global growth
In Sydney, Australia today, the Central Bank Governors and Finance Ministers of the G20 pledged $2 trillion in extra worldwide growth, by implementing policies...
America’s richest get most income growth
America's richest get the most income growth, i.e. the top 1% wealthiest Americans captured 53.9% of all growth in the country between 1979 and...
Eurozone business growth continues at robust pace
Eurozone business growth continues robustly in February 2014, according to Market Economics Ltd.
The Eurozone is currently in its strongest run of growth since Q1...
January Leading Economic Index rose, US
The business climate in the US rose in January, with the Conference Board's January Leading Economic Index (LEI) registering a 0.3% increase to 99.5,...
Smellizing – making consumers imagine a product’s smell
Smellizing could be an effective way of attracting consumers toward a product, researchers reported in the Journal of Consumer Research.
Smellizing means prompting people to...
First Greek current account surplus since 1948
The first Greek current account surplus since records began in 1948 was posted today by the Bank of Greece, which said that record tourist...
UK inflation dips below 2%
UK inflation dips below the Bank of England’s 2% target in January to 1.9%, according to figures published today by the Office for National...
Home builder confidence plummets in February, US
Home builder confidence plunged ten points to 46 in February, the lowest level in nine months, signaling growing pessimism among builders regarding sales trends,...