Some good news for global investors. The global stocks have seen a slight increase in the markets stocks. The Mexican stocks saw an increase in their points as the investors saw some signs of recovery the world over and are optimistic about the U.S. economy’s recovery. The asia stocks too saw a slight increase with [...]
The U.S. economy witnessed in the months of April its trade deficit widen due to fall in exports and also imports fell to a certain degree. The gap is now 0.6% to 40.3 million dollars. This is the highest since December 2008 and is a matter of concern for the policy makers. But the good [...]
The stock markets the world over are taking a beating. They are on a roller coaster with constant variations in the stock’s value. The American Dow Jones fell by about 300 points in one day, making it the biggest drop since two years in a single day. This is expected to continue with the debt [...]
The recent Greece Economic crisis and the European meltdown has suddenly made the ministers of Ireland happy. It has welcomed the fall of the European economy with open hands sectretly. The lingering Irish economy will benefit from this fall by an increase in exports along with trade in general and additional revenue through tourism. The [...]
The U.S. stocks fell to the lowest in 3 months with the uneasiness going on in Europe over their scheduled resurrection of the European economy. Many analysts debates that the U.S. economy is not strong enough right now to avoid another fall is another reason that the U.S. stocks are on a downward spiral. Many [...]
The global economy is a great web of inter connected climbers trying to climb a mountain. If one falls, the others feel the pull and some weaker ones let go and fall to economic crisis themselves. A major financial crisis in one country will be no easily contained and will have its effect on foreign [...]
Should Congress take a pay cut? That is the questions posed on Washington D.C. this week. Huffington Post reports “A bill introduced in Congress would reduce congressional pay by five percent. Representative Ann Kirkpatrick (D-Ariz.) introduced the Taking Responsibility for Congressional Pay Act, which would cut congressional salaries for the first time since 1933.” To [...]
Credit Cards have been a major contributing factor in the economic crisis plaguing the United States. Credit card companies throw everything at American consumers from unfair fees to unbelievable interest rates. They encourage consumers to spend with great offers of low interest rates and no fees but in the fine print you will find the [...]
The US economy is showing signs that can be said to be ‘touch and go’ at the most. On one hand, there is a lot of hype and hoopla that the economy could be recovering, which is denied by the naysayers who feel that there is still time to go before the US economy shows [...]
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