Author : EW News Desk Team

Illinois is at the epicenter of all discussions about oil shale and fracking in the US. It could be surprising for some that Illinois happens to be the talk...

Cheap oil was supposed to boost consumer spending, but instead consumers spent less as incomes fell.  According to the Bureau of Economic Analysis, U.S. GDP grew at just a...

Although unemployment claims have fallen to their lowest point in fifteen years, home sales are tumbling as price gains make homes unaffordable for millions.Throughout 2013 and 2014, housing saw...

In the midst of foreign investors selling lira, Turkish investors are holding higher yield bonds over wide speculation that national interest rates will decline. In the midst of foreign...

The Organization of Petroleum Exporting Countries has pretty much confirmed that it has no immediate plans of cutting its output target for crude oil. This is partly because they...

The Federal Reserve expects inflation to rise gradually to 2%, leaving time for the central bank to wait before raising interest rates.The Federal Reserve said Wednesday afternoon in a...

Brazil's swap rates soared recently as an official report showing over-achieved inflation levels and the announcement of an increase in fuel prices. These developments have fuelled speculation that the...

Home prices and home sales continue to rise, while consumer confidence unexpectedly surged to its highest point since 2007.Consumer confidence surged to 102.9 in January, up over 10% from...

Angola, the largest African crude-oil producing country after Nigeria, has turned to international lenders, including, but not limited to, major financial institutions like Goldman Sachs Group Inc. for help....

The Federal Reserve is seeing worsening economic conditions in the United States shortly before the government releases its latest report on the country’s GDP.The Dallas Federal Reserve announced a...