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Eurozone retail sales fall for second consecutive month

YoopyaMay 6, 2013September 5, 20240

Retail sales across the eurozone have fallen for the second month in a row in March, according to the European Union statistics agency Eurostat. The

Economic gains may not help Democrats much in 2014

YoopyaApr 29, 2013September 8, 20240

WASHINGTON (AP) — Presidents like to take credit for economic recoveries, just as President Barack Obama is angling to do now. He and his allies

Spain in new move to revive economy

YoopyaApr 26, 2013November 10, 20240

Spain is set to unveil new measures later aimed at reviving the economy, a day after unemployment in the country hit another record. Many economists

Discouraged job seekers behind shrinking labor force

YoopyaApr 6, 20130

(Reuters) – Americans giving up the hunt for jobs were likely behind a sharp drop in the U.S. workforce last month, a bad sign for

Bank of Japan’s Haruhiko Kuroda in aggressive growth move

YoopyaApr 4, 20130

Japan’s central bank has surprised markets with the size of its latest stimulus package, as it tries to spur growth and end years of falling

The Budget Compromise That Americans Prefer To Deadlock

YoopyaApr 2, 20130

In the past few weeks, Democrats and Republicans have offered up competing budget proposals—the Democrats in the Senate, the Republicans in the House—to address the

US economy ekes out 0.4% growth in fourth quarter

YoopyaMar 29, 20130

The US economy grew at a faster than expected 0.4% in the fourth quarter of 2012, the Department of Commerce has said. The annualised figure

Economy shows some muscle, but outlook downbeat

YoopyaDec 21, 2012June 15, 20230

(Reuters) – The U.S. economy grew faster than previously thought in the third quarter, helped by exports and government spending, but a sluggish global demand and belt-tightening

Insight: Facing austerity, Europe’s bureaucrats chafe

YoopyaNov 19, 20120

(Reuters) – Workers protesting austerity on the streets of southern Europe weren’t to know it, but earlier this month there was also a strike at

UBS cuts 10,000 jobs as it slims down investment bank arm

YoopyaOct 30, 20120

Swiss bank UBS has announced it is cutting 10,000 jobs worldwide as it slims down its investment banking activities. The jobs will go over the