Argentine debt ruling, economists appeal to Congress
More than 100 economists have called on Congress in a letter to take action to mitigate the harmful consequences of the Argentine debt ruling...
Reducing electricity bills with people power
Reducing electricity bills is more effective if consumers join forces when negotiating better deals. If large groups of consumers switch energy suppliers, they tend...
US July job growth slowed
US July job growth slowed, registering an increase of 209,000, which was slightly fewer than the 230,000 analysts had been expecting. The unemployment rate edged up...
Allergan sues Valeant and Ackman alleging insider trading
Allergan sues Valeant, Mr. Ackman and his hedge fund firm Pershing Square, accusing them of insider trading as well as other fraudulent practices. The...
US June Restaurant Performance Index down in June
The US June Restaurant Performance Index declined slightly to 101.3 from 102.1 in May, the first fall in four months, according to the National...
IAG Q2 results pleased investors
With operating profit increasing to €380 million compared to €245 million in Q2 2013, IAG Q2 results pleased investors. Revenue for the quarter rose...
Tesla Q2 sales beat forecasts
Although Tesla Q2 sales beat forecasts, its earnings, revenue and profit did not. The company sold 7,579 Model S electric sedans in Q2 compared...
Eurozone July inflation falls to 0.4%
With the Eurozone July inflation rate falling to 0.4% (annualized) from 0.5% in June, economists are seriously concerned that the currency bloc may be sliding...
Lloyds Banking Group H1 profit plunged 50 percent year-over-year
Lloyds Banking Group H1 profit plunged by over 50% to £574 million ($970.8 million) compared to £1.56 billion in H1 2013. The partly-government owned...
Investor risk tolerance driven by fear of losing, not spending habits
A team of researchers has found that investor risk tolerance is driven much more by the fear of losing money than spending habits. As...