The U.S. economy is still gripped between sluggish growth and persistent inflation threats, revealed new government data released on Tuesday. Labor costs soared in the final quarter of last year due to bonuses awarded to high-income workers, which.
Archive - March 2007
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China's premier, Wen Jiabao, is apparently trying to get his nation's $2.6 trillion economy to change its course course but very swiftly. Chinese government announced bulky spending increases to boost incomes and improve social services for the...
The resignation of Thai deputy prime minister and finance minister, Pridiyathorn Devakula, has definitely affected confidence in the government and the country's economic and investment climate. While, the resignation of Thai finance minister...
Federal Reserve chairman Ben Bernanke appealed to investors to relax following a global stock market meltdown that eliminated more than $1-trillion of gains. The chairman insisted that the U.S. economy remains sound. Fed chief has stated that his.
The U.S. economy was noticeably weaker than previously expectations in the fourth quarter of 2006, and its growth is likely to remain moderate until the manufacturing sector resolves its inventory problems and businesses step up their capital...
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