OPEC pumps less crude oil in November
November crude oil production among OPEC countries fell 230,000 barrels per day from October to 29.7 million b/d, the lowest total since mid-2011, according...
Americans perceive income inequality ‘far too pessimistically’
Americans perceive incomes and income inequality 'far too pessimistically,' according to a US study that surveyed 500 people online and asked them questions about...
US labor productivity rises 3%
Non-farm US labor productivity in the business sector rose by an annualized rate of 3% during Q3 2013, according to the US Bureau of...
Eurozone economic recovery lopsided
Although the Eurozone economic recovery continues, Markit’s latest PMI (Purchasing Managers’ Index) for December shows a wide difference between the two largest economies, France...
December Chinese manufacturing slips to three month low
December Chinese manufacturing slipped to 50.5 compared to 50.8 November, according to a new HSBC/Markit Flash China Manufacturing PMI (Purchasing Managers’ Index) released to today.
The...
College applicants pay attention to “Top Ten Effect”
A new US study suggests that consumers pay attention to the "Top Ten Effect," for instance when picking a college, restaurant, hotel or doctor.
Researchers...
Electrical waste worldwide at 65.4 million tonnes by 2017
Global electrical waste, also known as e-waste, will increase by one third to 65.4 million tonnes by 2017, according to a new report and...
North Korea wants foreign investment, despite executions
North Korea says it still wants foreign investment, even though Chang Song-thaek, the uncle of current leader Kim Jong-un, was executed this week, along...
Recessions good for male and bad for female health
Recessions may be good for your health later on if you are male but bad if you are female, researchers from the London School...
The troubled euro – dismantle it or reverse policy, says economist
The troubled euro should either be dismantled in an orderly way or economic policy must be dramatically reversed to promote economic growth and create...