European car sales fall 5% in August 2013
European car sales fell 5% in August 2013, after rising 5% in July, according to a new report by the European Automobile Manufacturer’s Association...
Microsoft announces $40 billion share buyback, boosts dividend 22%
Microsoft Corporation has increased its quarterly dividend by 22% and announced a $40 billion stock buyback plan.
According to FactSet, Microsoft’s market value is $273.2...
How can we prevent another global crisis? IMF sets guidelines
How can we prevent another global crisis? It’s an important question. No-one wants a repetition of what we recently went through: the threat of total...
6% of Lloyds Banking Group up for sale
The UK government is offering big investors 6% of the Lloyds Banking Group, worth approximately £3.3bn ($5.25bn).
On Monday, shares in Lloyds closed at 77.36p....
Up to 60 percent of drug ads on TV are misleading
U.S. consumers should be very wary when they watch advertisements for pharmaceutical products.
According to a study published in the prestigious Journal of General Internal...
Positive conditions for consumer spending in the U.S.
The Deloitte Consumer Spending Index (Index), which is an indicator of future consumer spending, dropped slightly in August.
The Index is able to make a...
Tax breaks for small businesses and individuals may end this year
By the end of this year, some people and small business may not get the tax breaks (reductions in tax) that they have been...
Industrial production up 0.4% in August, USA
Industrial production increased by 0.4% and manufacturing by 0.7% in the USA in August, compared to no change and a fall of 0.4% respectively...
The Federal Reserve will taper its $85 billion in monthly bond buying
The Federal Reserve is about to taper its $85 billion in monthly bond buying - meaning that the economy is beginning to recover.
The latest...
Yahoo stocks climb back up
Yahoo stocks hit $30 for the first time since February 2008, when Microsoft made an unsolicited bid to acquire the company.
Reaching this point seemed...