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Greece and EU Continue Debt Restructuring Agreement
After reaching an agreement to give both sides more time to negotiate, Greece will submit a new economic plan to EU legislators this week in the hopes of reaching...
Brazil’s Highest Inflation Since 2003
As Brazil's central bank continued raising interest rates, inflation in the world's second largest South American market reportedly rose to 7.14%, from 6.41% at the beginning of 2015. This...
The Solar Industry is Adding Jobs
According to recent data, the solar industry in the United States added jobs at a rate that was almost twenty times faster than last year's average. A report published...
The Week in Review: Europe Stalemate, U.S. Weakness
While a stalemate on a restructuring of Greek debt has caused uncertainty in Europe, negative economic indicators in the U.S. are causing many analysts to rethink their optimistic view...
Raising the Minimum Wage Bad for Small Businesses
President Obama is asking congress to raise the minimum wage (MW) to $10.10 an hour, from $7.25. The appeal has taken place only months after Gov. Jerry Brown of...
U.S. Housing Activity Falls amid Tepid Productivity Gains
Less Americans are buying houses and applying for mortgages in a trend that is hurting the new housing and construction industries.In three separate reports from different agencies and private...
Russian Car Market Plummets as the Economy Braces for a Recession
The Ukrainian crisis continues to cause headaches for Russia’s economy, including the Russian automotive sector. With the U.S. and Europe enforcing severe sanctions over exports to Russia, car sales...
Student Loan Delinquencies Surge as Outstanding Debt Tops $1.1 Trillion
U.S. student loan balances rose again, reaching a record $1.16 trillion by the end of 2014 while delinquencies rose as young Americans struggle to keep up with their mounting...
Europe Stalemate with Greece
The European Union and Greece are at a stalemate over Greek debt, even as talks continued over the weekend.An anonymous Greek official said in an email that finance ministers,...
Political Situation Causing Greek Investors to Focus on Gold
With the Greek elections drawing to a rather shocking end, Greek investors are leaving the euro for gold to prevent getting caught up in the political turmoil. With the...


