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How the Fed could ruin your summer holiday

YoopyaMay 27, 2013August 11, 2024

by YoopyaMay 27, 2013August 11, 202401

(Reuters) – Have your summer vacation all booked? Hoping to ignore your phone for a while, feeling safe in your investments and secure in the...

Business Economy News

Buffett says economy on mend, bonds ‘terrible’ investment

YoopyaMay 6, 2013September 8, 2024

by YoopyaMay 6, 2013September 8, 202400

(Reuters) – Warren Buffett said the U.S. economy is gradually improving, but low interest rates have made bonds “terrible investments” while stocks remain “reasonably priced.”...

Business Economy

Eurozone retail sales fall for second consecutive month

YoopyaMay 6, 2013September 5, 2024

by YoopyaMay 6, 2013September 5, 202401

Retail sales across the eurozone have fallen for the second month in a row in March, according to the European Union statistics agency Eurostat. The...

Business Economy News Us

Economic gains may not help Democrats much in 2014

YoopyaApril 29, 2013September 8, 2024

by YoopyaApril 29, 2013September 8, 202402

WASHINGTON (AP) — Presidents like to take credit for economic recoveries, just as President Barack Obama is angling to do now. He and his allies...

Business Economy

Discouraged job seekers behind shrinking labor force

YoopyaApril 6, 2013

by YoopyaApril 6, 201300

(Reuters) – Americans giving up the hunt for jobs were likely behind a sharp drop in the U.S. workforce last month, a bad sign for...

Business Economy News Us

US economy ekes out 0.4% growth in fourth quarter

YoopyaMarch 29, 2013

by YoopyaMarch 29, 2013012

The US economy grew at a faster than expected 0.4% in the fourth quarter of 2012, the Department of Commerce has said. The annualised figure...

Business Economy News

Economy shows some muscle, but outlook downbeat

YoopyaDecember 21, 2012June 15, 2023

by YoopyaDecember 21, 2012June 15, 202304

(Reuters) – The U.S. economy grew faster than previously thought in the third quarter, helped by exports and government spending, but a sluggish global demand and belt-tightening...

Europe News

Euro zone, IMF secure deal on cutting Greek debt

YoopyaNovember 27, 2012

by YoopyaNovember 27, 201201

(Reuters) – Euro zone finance ministers and the International Monetary Fund clinched agreement on reducing Greece’s debt on Monday in a breakthrough to release urgently needed loans...

Business Economy News

Fed bets big in new push to rescue U.S. economy

YoopyaSeptember 14, 2012June 15, 2023

by YoopyaSeptember 14, 2012June 15, 202304

The central bank’s decision to tie its controversial bond buying directly to economic conditions was an unprecedented step that marked a big escalation in its...

Business

Economic gloom seen pushing ECB to cut rates

YoopyaJuly 5, 2012

by YoopyaJuly 5, 201203

(Reuters) – The European Central Bank is widely expected to cut borrowing costs to a record low on Thursday to support a deteriorating euro zone...