News

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...

Consumer Reports Index shows financial difficulties rise in America

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There has been a steep rise in financial difficulties, according to the Consumer Reports Index, as well as people reporting a weaker view of...

Chinese economy is on track for smooth and sustainable growth

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China is at a very “crucial stage” of economic growth, according to the Chinese Premier Li Keqiang. Premier Li announced at the Annual Meeting of...

Inequality grows in America

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The difference in income between the 1% richest and the other 99% was higher than ever in 2012, researchers from the University of California,...

How do consumers compare prices? It depends on their power

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The way that consumers react to prices is relevant to how powerful they feel, according to research published in the Journal of Consumer Research.  One...