Bank of England will keep bank rate at 0.5%
The Bank of England’s Monetary Policy Committee voted yesterday to keep the bank rate at 0.5% and the size of the Asset Purchase Programme...
Federal Reserve states that U.S. economy is improving
The U.S. Federal Reserve has issued a statement that the U.S. economy is improving.
During the first half of the year U.S. economic activity increased...
European unemployment rate drops slightly
The seasonally-adjusted EU27 unemployment rate fell from 11% in May to 10.9% in June, according to the statistical office of the European Union, Eurostat.
EU27...
Employment rose by 198,000 in private sector
Employment rose by nearly 200,000 in the private sector in the USA from June to July 2013, says the July ADP National Employment report....
IAC reports higher net income and revenue thanks to website growth
IAC/Interactive Corp reported higher net income and revenue this year following significant growth in the company’s websites, such as About.com and Ask.com.
IAC's second quarter...
Employment managers often overlook situational influences on performance
A new study, published in the journal PLoS One, reveals that employment managers often rely too much on generic performance measures when hiring people...
JPMorgan agrees to pay $410m to settle power probe
JPMorgan Chase has agreed to pay $410 million to settle charges from the Federal Energy Regulatory Commission (FERC) that it manipulated energy markets in...
House prices rose sharply in May, USA
House prices rose more steeply in May than in any month since March 2006, according to S&P/Case-Shiller Home Price Indices, released by S&P Dow...
Chinese local government debt audit ordered
The Chinese government has ordered an urgent audit of all debts in its local governments. There is concern that the country’s economic slowdown may...
BMW launches its first completely electric car the i3
BMW has just launched its all new BMW i3, a small electric car specifically designed to solve urban congestion problems in cities such as...