American banking industry improved in Q2 2014
In the second quarter of 2014, the American banking industry continued to improve, says the American Banking Association (ABA), driven by a steep increase...
Tesco warns profits will be down
The British supermarket giant Tesco warns profits will be in the £2.4 billion to £2.5 billion ($3.98 billion to $4.15 billion) range rather than...
Chinese semiconductor consumption growth
Chinese semiconductor consumption growth exceeded the global consumption market for the third year running in 2013. While the worldwide semiconductor consumption market grew by...
Most American wages remain unchanged
The majority of American wages remain unchanged, says a new study by the Economic Policy Institute. Workers have hardly seen any real wage growth...
An overview of the US economy in 2014
The United States is showing signs of recovery after the Great Recession. A recession that not only had a hugely devastating economic impact in...
European economic sentiment declines
In August, European economic sentiment fell in both the whole of the EU and the Eurozone, the European Commission reported today, which says that...
Eurozone economic outlook improves slightly
The Conference Board reported a slight improvement in Eurozone economic outlook. Its July Leading Economic Index rose by 0.3% while its Coincident Economic Index...
Chinese economic outlook improved in July
Chinese economic outlook improved significantly in July, says The Conference Board, as the country’s Leading Economic Index and Coincident Economic Index increased by 1.3%...
Cloud computing research awards
Two cloud computing research awards worth $10 million have been announced by the National Science Foundation (NSF). The projects will be called CloubLab and...
Argentine plan illegal, says US court
A US court said that the Argentine plan to get creditors to swap their defaulted bonds for new debt issued locally is illegal. According...