US travel visas undermine tourist industry
US travel visas are bad for the country’s tourist industry, says the CATO Institute.
If the travel visa requirements were lifted the United States would...
Google overtook Exxon for second most valuable US company
Google overtook Exxon as America’s second most valuable company on Friday, when its midday market cap topped $389.6 billion, leaving Exxons’ $389.3 billion in...
US borrowing ceiling crisis nears, nerves jangle
Pushing the US borrowing ceiling to its limit, including extraordinary measures, is about to become exhausted. According to Treasury Secretary Jacob J. Lew in...
December US trade deficit widens, exports decline
The December US trade deficit widened to $38.7 billion, compared to $34.6 billion in November, says the Bureau of Economic Analysis, part of the...
Wal-Mart affects crime rates negatively
Often Wal-Mart affects crime rates in a negative way, says a new study from the University of South Carolina and Sam Houston State University,...
ECB inaction, holds interest rate at 0.25%
The ECB holds its benchmark interest rate at 0.25% after today’s meeting.
ECB (European Central Bank) president, Mario Draghi does not believe deflation is a...
Eurozone retail trade falls 1.6% in December
Eurozone retail trade fell 1.6% in December 2013 compared to November, and by 0.8% in the whole of the European Union (EU28).
The Eurozone consists...
Local foods and their economic benefits
Local foods offer tangible economic benefits in several regions, says a team of economists at Penn State's College of Agricultural Sciences.
Farms that sell...
Factory orders down in December, US
Factory orders, i.e. new orders for manufactured goods in the US, dropped notably in December 2013, according to figures released by the Department of...
Credit constraints rose slightly in Germany
After falling to a historical low in December 2013, credit constraints for German trade and industry in January 2014 increased slightly, says the Ifo...