Global economic crisis human cost goes beyond loss of jobs and income
The global economic crisis human cost goes far beyond loss of jobs and wages, according to "How's life? 2013 Measuring well-being", a new report...
Did Hartz IV reform reduce German unemployment? Hardly
Did Harts IV reform make a major contribution to Germany’s falling unemployment rate?
According to a new study by Prof. Andrey Launov and Prof. Klaus...
US unemployment rose, but 204,000 jobs created in October
US unemployment rose to 7.3% in October from 7.2% in September, according to the US Labor Department’s Bureau of Labor Statistics.
However, 204,000 new...
Twitter shares soar but is it overvalued? Analysts say yes
Twitter shares rose by 73 percent in its stock market debut on Thursday, closing at $44.90 and making the company worth $31 billion.
Twitter originally priced...
US economy grew by 2.8% in 3rd quarter 2013
The US economy grew by 2.8% during the third quarter of 2013, compared to 2.5% during the second quarter, the Bureau of Economic Analysis,...
How the savvy shopper avoids Christmas debt
As the holiday season approaches, it is all too tempting to get caught up in the festive spirit, throw care to the wind and...
ECB interest rate cut to 0.25% in surprise move
The ECB cut its benchmark interest rate, surprising most market analysts, to 0.25% from 0.5%. The current ECB interest rate is the closest it...
Twitter shares priced at $26
Twitter shares, priced at $26 dollars each, means the company is worth $18 billion.
Its market debut today, November 7th, 2014, on the New...
UK EU membership, stay and push for reform, says CBI
The chief of the Confederation of British Industry (CBI) says the UK should stay in the European Union (EU) and push for reform -...
European retail trade down 0.6% in September
European retail trade dropped 0.6% in September compared to August in the euro area, according to Eurostat, the European Union’s statistics agency, further dampening...