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Argentina’s Double Default
Argentina’s economy contracted more than was forecast in the third quarter of 2014, as the South-American nation defaulted on its debt for the second time in thirteen years. As...
The Week Ahead: U.S. Labor Data, European Production
After the Federal Reserve releases its labor market conditions index today at 10am EST, a number of key economic indicators will be released that will measure economic developments in...
Socialism Experiment Proving a Bitter Pill for French Economy
Thomas Piketty is a known name to anybody who finds the ideas of socialism palatable. In his work titled 'Capital in the 21st century', the proponent of Marxist ideas...
The Week in Review: Trade Deficit Climbs, Employment Gains
The U.S. has a larger trade deficit with the rest of the world, but employment gains indicate strength in services is supporting the broader economy.The Bureau of Economic Analysis...
Factors that could Improve Michigan’s Economy
Statistics suggest that Michigan’s economy is improving. This year could bring more success as the unemployment rate falls, auto sales increase, and cheap gasoline puts extra cash in everyone's...
Employment, Services Rise with Higher Mortgage Applications
Three separate reports indicate that U.S. income and spending in the consumer services and financial sector are on the rise, helping job growth and business income.The Institute for Supply...
Strong U.S. Housing Data Offsets Sharp Fall in Factory Orders
Residential real estate continues to recover at a strong pace in the United States, but U.S. factories are beginning to see a fall in demand.A new report by CoreLogic...
Ukraine on the Edge of an Economic Crisis
Some of the largest retailers throughout Ukraine are noticing signs of a potential economic crisis. Though warehouses across the nation continue to hum with workers, the deteriorating economy has...
Obama Budget Harnesses Cheap Multiplier Effect
Obama’s $4 trillion budget depends on lower inflation, as the president hopes more spending on the middle class will stimulate demand and growth throughout the economy.The new budget includes...
The Philippines Urge Extra Spending after a Weak Economic Report
The end of 2014 saw the Philippines submit its weakest economic report in almost three years. Moves to curb graft are part of the reason behind this negative data....


