Category Archives: Economy

U.S. Economic Activity Continued To Expand

U.S. economic activity continued to expand in October; index of leading economic indicators rose 0.9% last month, significantly faster than the revised 0.1% rise in September and the 0.3% increase in August. The economy, after growing at an anemic pace … Continue reading

Posted in Business, Economy | Comments Off

Periodic Tests To Ensure A Stable Of U.S. Economy

Federal Reserve announced that a central bank will conduct a fourth round of stress tests in the coming weeks to determine if U.S. banks can withstand a recession. These tests are necessary to ensure a stable of U.S. economy. Federal … Continue reading

Posted in Business, Economy | Comments Off

Fed Has Expressed Optimism About The U.S. Economy

Fed has expressed cautious optimism about the US economy, but also warned of significant downside risks. At the end of their two-day meeting, Fed officials said the economic recovery has strengthened since the summer in part thanks to a reversal … Continue reading

Posted in Business, Economy | Comments Off

October Revenue At Retail Stores Rose 3.7 Percent

October revenue at retail stores rose 3.7 percent, according to the International Council of Shopping Centers’ tally of 25 retailers. Retailers hope they’ll continue to do so heading into the holiday shopping season, a period when merchants can make up … Continue reading

Posted in Business, Economy | Comments Off

The U.S. Economy Expanded At 2.5 Annual Rate

A report Thursday showed that the U.S. economy expanded at a solid 2.5 annual rate in the July-September quarter. That helped ease concerns that another recession might be nearing. Yet the news may have also raised unrealistic expectations about the … Continue reading

Posted in Business, Economy | Comments Off

Germany Expects Little Economic Problems Next Year

Germany expects little economic problems, slow economic growth next year will grow by one percent only. The German economy next year will grow less, the government assumes. Confirmed by the government from Thursday, the economy showed significantly more pessimistic on … Continue reading

Posted in Business, Economy | Comments Off

Abbott Laboratories To Split Into Two Separate Companies

Abbott Laboratories, known as a global, broad-based health care company to split into two separate companies. The split-up frees this company from the risks and obligations of developing innovative pharmaceutical drugs, leaving the company with a more predictable business built … Continue reading

Posted in Business, Economy | Comments Off