MasterCard Visa payment security cross-industry effort
A MasterCard Visa cross-industry effort to speed up payment security has been launched, the two companies jointly announced. The enhanced payment system security will...
Tourism accounts for 4.7% of global GDP
Tourism employs 6% of workers in the advanced economies and represents 4.7% of their GDP (gross domestic product), says the Organization for Economic Cooperation...
US January exports $192.5 billion
US January exports reached $192.5 billion, a good start to the year, according to the Bureau of Economic Analysis, part of the Department of...
Chinese exports fell steeply in February
Chinese exports fell in February, pointing to a weakness in the economy as it registered its first trade deficit in eleven months. Despite authorities...
Boeing Dreamliner wing cracks
Dreamliner wing cracks have emerged, haunting Boeing’s state-of-the art passenger airplane with more problems. Boeing says it is checking for possible “hairline cracks” on...
WhatsApp privacy problem in Facebook acquisition
A WhatsApp acquisition privacy problem has emerged as privacy groups oppose the takeover by Facebook. They want US regulators to stop the takeover until...
February unemployment up to 6.7%, US
February unemployment edged up slightly to 6.7% in February from 6.6% in January, but 175,000 new jobs were added, according to the US Department...
Why do middle class mothers leave work?
Middle class mothers leave work because they are not willing to behave like males, says a new study carried out by two researchers at...
First Chinese company default
The first case of a Chinese company default has emerged at a time when a growing number of Chinese firms are suffering under a...
January inflation fell in most advanced economies
January inflation fell in 9 of the 16 advanced economies compared in the Harmonized Index of Consumer Prices (HICP) published by the Conference Board....