UK growth forecasts have been raised
One of Britain’s top business groups, the Confederation of British Industry (CBI), has just raised its growth forecasts for 2013 and 2014.
The CBI predicts...
Financial regulators meet Obama
Yesterday, President Barack Obama met lead independent financial regulators.
According to a White House statement, the President and the financial regulators discussed the considerable progress...
Essential financial skills for young people
When young adults finish high school and head off to college, start working, or join the military, it is a crucial time for them...
Floods may cost cities $50 billion by 2050
Rapid population growth, climate change, and economic growth could lead to a huge increase in the risk of floods in cities near the coast...
Emerging markets likely to improve
The economies of emerging markets will probably improve, say strategists and emerging markets debt portfolio managers at Neuberger Berman, a leading employee-controlled money manager.
Contrary...
Japanese exports on the rise while trade deficit nearly doubles
Japanese exports are on the rise. According to the Ministry of Finance, exports rose 12.2% in July compared to the previous year.
The report revealed...
Increasing confidence in global economic growth
There is significantly more confidence in global economic growth, according to the Bank of America’s Merrill Lynch Fund Manager Survey, which included a total...
Will Merrill Lynch cease to exist?
After acquiring Merrill Lynch and Co. four years ago, Bank of America Corp. says it is considering closing it down.
Bank of America says it...
Raising a child in the US costs $241,080
Have you ever wondered what the cost of raising a child is? According to a new report by the US Department of Agriculture, a...
Optimism about U.S. economic recovery
There is encouraging optimism about U.S. economic recovery and opportunities for businesses among Chief Financial Officers (CFOs) in the U.S., according to the latest...