News

Tax breaks for small businesses and individuals may end this year

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By the end of this year, some people and small business may not get the tax breaks (reductions in tax) that they have been...
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Industrial production up 0.4% in August, USA

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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

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The Federal Reserve is about to taper its $85 billion in monthly bond buying - meaning that the economy is beginning to recover. The latest...
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Yahoo stocks climb back up

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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...

Twitter is going public – a planned IPO is underway

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Twitter is going public. The news comes following a tweet that the company made saying that it has just submitted an S-1 to the SEC...

U.S. economy returning to normalcy – UCLA Anderson Forecast

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The U.S. economy is returning to normalcy, according to the latest UCLA Anderson Forecast's outlook.  Despite the economy not being “normal relative to historical standards”,...

Foreclosure starts fall 8% in August, USA

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Overall foreclosure filings - default notices, scheduled auctions and bank repossessions - in the United States were reported on 128,560 properties in August, a...

Are women less corrupt than men? Depends on cultural expectations

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Are women less corrupt than men? There is definitely a relationship between gender and corruption. However, it all depends on cultural expectations, according to political...

August retail sales disappoint, USA

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August retail sales rose by 0.2%, compared to a revised 0.4% in July, the US Commerce Department informed. August saw the smallest increase since April. The...

70% of of global incremental energy demand will come from Asia

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Over the next two decades more than 70% of global incremental energy demand will come from Asia. The news was announced at the Annual Meeting...