US November retail sales up 0.7%
US November retail sales were 0.7% higher than during the previous month, according to figures released by the Census Bureau, part of the Department...
European industrial production down in October
European industrial production in October fell 1.1% in the Eurozone and 0.7% in the EU28 (whole European Union consisting of 28 Member States) compared...
New Chinese policy guidelines good for private companies
New Chinese policy guidelines, which call for limits on the activities of state-owned companies, paves the way for a more even playing field for...
Federal budget deal reached, USA
A bipartisan federal budget deal has been reached and announced in the US Congress. If voted through it could mean the end of three...
More CO2 escapes from rivers and streams globally than all lakes
About five times more carbon dioxide (CO2) escapes from the world's rivers and streams per year than from all its lakes.
The finding comes from...
Euro dollar forecast – euro still gaining
In a typical euro dollar forecast today, the euro is expected to gain further over the short-term, while the dollar is likely to eventually...
GM bailout cost taxpayers $10.5 billion
The GM bailout is over, the US Treasury, which started off with 500 million GM shares of common stock in 2010, sold of the...
Unionized women command higher wages, US report
A new report reveals that unionized women - US female workers who belong to or are represented by unions - are paid significantly more...
US household wealth at record high
US household wealth reached a record high during the summer of 2013, mainly due to recovering house prices and an appreciating stock market, according...
America in decline – is it a myth? Yes, according to a new book
Is America in decline? Everybody seems to think so as China’s hyper-economic growth bites at the heels of America’s global supremacy. But, how much...