economic recovery »
UK budget seeks to promote faltering growth
The British government put business competitiveness at the center of its economic recovery plans in its annual bud
Read More »Yen falls after G7 pledge to support Japan
The yen fell from historic highs Friday after the Group of Seven major industrialized nations promised coordinated
Read More »Does The Fed Have a Clue About What Is Going On?
Yesterday, the Federal Open Market Committee (FOMC) held a one day meeting in which to discuss interest rates the economy. As everyone expected, the Fed kept its target rate at 0 – 0.25% and
Read More »More people sought unemployment aid last week
The number of people seeking unemployment benefits rose last week. But the rise comes after applicat
Read More »January trade deficit jumps to $46.3 billion
A surge in oil prices helped push imports up at the fastest pace in 18 years in January, giving the count
Read More »Stock futures edge higher, but oil worries persist
Stock futures are edging higher on word of a pair of multibillion dollar takeover deals but rising oil prices
Read More »Unemployment dips to 8.9 pct., 192K jobs added
Employers hired in February at the fastest pace in almost a year, and the unemployment rate fell to 8.9 per
Read More »State spending cuts slow US economic growth in Q4
Deeper spending cuts by state and local governments weighed down U.S. economic growth in the final three mo
Read More »Lowe’s 4Q profit rises
MOORESVILLE, N.C. - Lowe's Cos.' fourth-quarter profit rose 39 percent as homeowners took on more renovation projects as the economy slowly
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