Unaffordable housing affects 52 percent of Americans
Many people in the US have had to get an additional job, defer saving for retirement, or cut back on healthy foods and health...
Consumer credit surged in April, US
Consumer credit surged in April in the United States to $3.18 trillion, an increase of $26.85 billion or 10.2% (annual rate), following a revised...
German economic outlook 2014 to 2016
Bundesbank economists are still optimistic about the German economic outlook for the next three years, even if Q2 growth has not been as buoyant...
UK soaring car sales, May 2014
UK soaring car sales registered their 27th successive month of growth in May, breaking the last 26-month stretch of growth set in the late...
Solid growth ahead, American Bankers Association
There is solid growth ahead, the American Bankers Association (ABA) predicts. The American economy started growing again in Q2 2014 after a particularly sluggish...
Pope fires Vatican financial watchdog
The Pope has fired all five members of the Vatican financial watchdog whose terms were to expire in 2016 in a move to reform...
US May job creation less than expected
US May job creation at 217,000 was less than analysts had expected. In April, employers had added 282,000 jobs. The unemployment rate remained unchanged...
UK receives risky mortgages warning from IMF
Although there are few credit-led bubble signs, the UK has received a risky mortgages warning from the International Monetary Fund (IMF) in its “United...
April HICP inflation increased in 13 of 16 advanced economies
April HICP inflation increased in 13 of the 16 advanced economies, according to The Conference Board. HICP stands for the Harmonized Index of Consumer...
Verizon versus Netflix row heats up
In the Verizon versus Netflix row, the US telecommunications giant told Netflix in a “cease and desist” letter to stop telling its customers that...