Author : EW News Desk Team

For the last 50 years, few financial products have been more profitable for the issuing institutions than credit cards. Indeed, companies like American Express would routinely report double-digit growth...

An indicator of business activity in fell to its lowest point since July 2009, with double-digit declines in production, new orders, and inventory backlogs.The Institute for Supply Management's Chicago...

A mixture of low and falling inflation combined with a rise in jobless claims may indicate the United States could follow the Eurozone down a deflationary path. According to...

Natural gas prices in Europe continue to climb, as the continent's largest producer, the Netherlands, announced a further reduction in their production cap for the first half of 2015....

New home sales fell slightly in January, which economists are blaming on cold weather in the Northeast. Approximately 481,000 new single-family home sales occurred in January on a seasonally...

The Nigerian currency depreciated another 2.2%, pushing it to 202.50 per dollar, the most since 22 December. The recent postponement of the Nigerian Election only reinforces the likelihood of...

The Federal Reserve plans to keep interest rates at historic lows as labor participation and price inflation data remains weak. The Federal Reserve plans to keep interest rates at...

According to official data published at the beginning of this year, it was consumer spending that drove Germany's economy during 2014. Now experts are feeling positive about the future....

A decline in existing home sales and a slowdown in manufacturing suggest the U.S. economic recovery may be stalling.The National Association of Realtors announced Monday that total existing home...

Most experts suggest that New Zealand is not capable of enjoying the economic growth rates seen in other parts of the world.  However, finance minister Bill English has assured...