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Financial News Headlines
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Recent Money Management Posts
Economy Archive
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Report: Corruption Aggravates Poverty
Posted on October 26, 2010 | No CommentsAuthors say systemic corruption wastes scarce resources, neglects basic needs and does much more harm. -
Obama: End Tax Breaks For Companies Sending Jobs Overseas
Posted on October 16, 2010 | No CommentsU.S. President Barack Obama is again calling on Congress to end tax breaks which he says encourage companies to create jobs in other countries. The president’s weekly address Saturday focused on the economy, the top issue in the upcoming mid-term election. With U.S. unemployment mired at 9.5 percent and Democrats... -
US Federal Reserve Chairman Hints at New Stimulus Action
Posted on October 15, 2010 | No CommentsChairman Ben Bernanke says central bank has to consider 'non-conventional' ways of stimulating economy. -
US unemployment rate remains unchanged at 9.5% in July
Posted on August 8, 2010 | No CommentsThough the US public sector has been shedding jobs and the private sector remains sluggish, the manufacturing industry hired 36,000 people in July. -
US Factory Orders Jump, Housing Contracts Slump
Posted on January 5, 2010 | No CommentsFactory orders figure far exceeded analysts' expectations. -
South Asian Economies Emerge from Global Financial Crisis
Posted on December 25, 2009 | No CommentsBusinesses are planning new investments and stock markets are reaching their highest level in a year and a half. -
US Economic Recovery Not as Strong as Previous Estimates
Posted on December 22, 2009 | No CommentsRevised US gross domestic product shows investment, spending did not expand in third quarter as much as previously estimated. -
Global Economic Upturn Seen as 2010 Approaches
Posted on December 17, 2009 | No CommentsThe global economy is expected to show a 1.1 percent drop in output for 2009, following a five percent expansion in 2007 and three percent growth in 2008.