Yahoo profits fell 20% but shares up
While Yahoo profits fell 20% for the first quarter of 2014, its shares surged 9%. Even though first-quarter earnings dropped to $312 million, they...
First quarter Chinese GDP grew 7.4 percent in Q1 2014
First quarter Chinese GDP grew 7.4 percent, according to the National Bureau of Statistics, compared to 7.7% during the previous quarter. Although quarter-on-quarter growth...
Identity marketing can backfire
Identity marketing can be annoying when we are told what we like, but enjoy the sense of ownership and freedom in how we express...
Polite negative opinions boost sales
Online polite negative opinions can help boost sales, researchers reported in the Journal of Consumer Research. Reading online customer reviews is a convenient way...
US March inflation higher but still low
US March inflation remained well below the Federal Reserve’s target of 2%. The Consumer Price Index increased 0.2% in March, higher than February’s 0.1%,...
Russian economic forecast – zero GDP growth
The Russian economic forecast has been significantly scaled down for 2014, with even the country’s Finance Minister, Anton Siluanov, predicting zero GDP growth because...
US economic forecast 2014
Despite an exceptionally harsh winter that dampened GDP growth rate for the first quarter of 2013, UCLA economists set the US economic forecast for...
Citigroup profit surprise of $3.94bn for Q1 2014
A Citigroup profit of $3.94bn surprised analysts today, after America’s third largest holding company described the January through March period as a “difficult” quarter....
US March retail sales up 1.1%
March retail sales in the US were up 1.1% compared to February, the biggest increase since September 2012, according to data published by the...
World trade forecast – 4.7% growth for 2014 and 5.3% for 2015
After a sluggish two years, the world trade forecast for 2014 predicts growth of 4.7% and 5.3% for 2015, according to the WTO (World...