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Obama Accuses China of Intentionally Lowering its Currency Value
This weekend, President Barack Obama spoke at the Asia-Pacific Economic Cooperation summit in Honolulu, stating that China is now a “grown up” economy, and must learn to act more responsibly on its...
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Market Losses and an Economic Overview
The worsening European crisis, negative reports on the U.S. economy and Congress’ budget cuts have resulted in dramatic market downturns over the past few weeks. According to the American Precious...
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Small Businesses Create Thousands of Jobs But Labor Market Remains Shaky
According to a recent survey, U.S. small businesses have created 55,000 jobs this month, though employees worked less hours and earned smaller amounts of money. Based on responses from around 71,000...
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Slow Going for U.S. Economy
Though consumer spending has decreased over the last month or two, American incomes have increased since December, strengthening savings accounts throughout the nation, according to the U.S....
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Singapore Proceeds with Caution as European Crisis Lingers
Despite last year’s growth, Singapore remains concerned about a potential “disorderly” European debt default and its impact on the economy. GDP increased 10% in the past three months, while the...
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U.S. Tax Increase in 2013- Pros and Cons
President Obama is toying with the idea of increasing taxes in 2013, despite his previous disapproval of the idea back in 2010. David Gregory of Meet the Press discussed the move and its potential...
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China’s Economy Shows Signs of Recovery
China’s economy has finally reached a turnaround after a prolonged rough patch. Exports and domestic demand are both showing signs of recovery, and the country is buzzing as a result. This weekend,...
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Finance Ministers Meet in Brussels to Discuss Economic Pitfalls
As the European crisis continues, financial leaders are seeking ways to gain crisis-management momentum in an effort to avoid future political pitfalls. Ministers from across the region are now meeting...
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Zarsha Leo Defies Economic Challenges
Economic turmoil has brought forth many challenges for businesses all over the world. Zarsha Leo, a restaurant-bar franchise based in NY, has managed to avoid many of the pitfalls thanks to its...
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Brighter Outlook for San Diego Economy
San Diego’s economy seems to be on the rise thanks to a growing construction agency and a steadily improving job market. Alan Gin, an economist from the University of San Diego, collected the...
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DWP Employee Pay Rose 15% in Five Years
According to records released this week, average employee pay at the Los Angeles Department of Water and Power rose 15% over the past few years despite the national economic slump. DWP workers...
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Experts Predict Increased Retail Sales in May
Economists believe that sales at U.S. retailers rose in May as the job market looks up and consumer confidence rises to boost automobile, home furnishing and clothing sales. Experts predict a 0.4%...
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U.S. Economy on the Rise
Economists estimate that retail sales increased at a faster pace last month, while the U.S. housing market saw some improvement as the economy recovers. According to the median forecast of economists...
View ArticleU.S. Takes Hit with Federal Shutdown
According to IHS, the partial shutdown of the federal government will cost the U.S. Economy over $300 million a day. Bloomberg‘s The Real Deal with Mike McKee explains how Washington’s news will impact...
View ArticleThe Best Financial Advice: Investing in Stocks
New Year’s is filled with resolutions, and what better time to take a critical look at your business, investments or personal finances? The Wall Street Journal recently asked a number of experts in the...
View ArticlePimco Reevaluates Outlook for US Economy
Bill Gross’s Pacific Investment Management Co., or Pimco, recently raised its outlook for the U.S. economy, stating that expansion is likely to be between 2.5% and 3% over the course of the year. At...
View ArticleEconomy on the Rise Despite Hurricanes Harvey and Irma
According to recent reports, the U.S. economy accelerated during the second quarter, surpassing previous predications and reaching its fastest growth rate in over two years. However, the third quarter...
View Article20% Corporate Rate Plan to Boost Economy
According to Morgan Stanley, a GOP plan to place US corporate taxes within the 20% range could significantly boost the country’s economy. CNBC reports: Morgan Stanley CEO: US corporate taxes should be...
View ArticleEconomy Strong Despite First Quarter Growth
First quarter growth may not be nearing initial projections, but economists remain optimistic for the rest of the year. Liz Ann Sonders, chief investment strategist at Charles Schwab, said: “The...
View ArticleZarsha Leo Defies Economic Challenges
Economic turmoil has brought forth many challenges for businesses all over the world. Zarsha Leo, a restaurant-bar franchise based in NY, has managed to avoid many of the pitfalls thanks to its...
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