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Latest news about the state of the world economy.
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European Stimulus Less Likely as Bundesbank Shuns ECB Monetary Policy
Germany’s Bundesbank has again publicly resisted the European Central Bank’s call to expand its monetary stimulus program, as the German bank president dismisses monetary moves as ineffective.“Calls for a...
Are Lower Black Friday Sales a Good Sign for the U.S. Economy?
For many, the annual Black Friday chaos commences the official beginning of the season. Retailers throughout the United States begin to enhance their efforts to sell by offering greater...
Falling Oil Prices Could Boost Jamaica’s Economy
Excessively high oil prices have been a severe problem for many nations throughout the world. This is especially true for the developing countries that are dependent on oil to...
Oil Falls Further on OPEC Output Ceiling
Oil futures fell over 4% in London as OPEC announced it would leave its oil output target unchanged, leading further momentum to the bear market in energy commodities.OPEC announced...
Portugal Determined to Reach 1.5% Economic Growth
The recent collapse of the Espirito Santo banking Business Empire in Portugal has had a significant impact on the country. However, the Prime Minister, Pedro Passos Coelho, announced that...
Personal Incomes, Jobless Claims Disappoint
Personal incomes rose less than expected and jobless claims surprised analysts with a surge on Wednesday, as growing optimism met with sobering data.Weekly unemployment claims rose to 313,000 on...
Struggling Exports in South Korea Hurt Economy
The South Korean President, Mr. Park Geun-Hye, warned that his country's economy could be at risk of falling into serious long-term stagnation. As a result, he has urged that...
U.S. GDP Gains and Mixed Response from U.S. Stocks
Despite a strong rise in GDP growth, above expectations, U.S. stocks saw mixed performance on Tuesday as investors mulled the chances of an interest rate hike amidst broader economic...
U.S. Growth Moderates as Economic Confidence Peaks
Economic growth moderated in the U.S. in October even as confidence in growth reached a post-crisis high, new data from the Federal Reserve shows.The Chicago Fed National Activity Index...
California’s Anti-Business Environment Spells Trouble
California's economy is in major trouble. Even though the state's budget, after a number of years of multi-billion dollar deficits, is currently in a surplus, there are a number...


