With the debate on whether the US economy is readying itself for another recession continuing, according to an expert it is guaranteed and there is absolutely no way of preventing it. MD, an asset management and financial advisory firm MBMG Group; Paul Gambles said he has been noticing since April or May that the most [...]

The chances of U.S. is one-in-four odds of falling back to recession again, with a frail economy it is seeming that the FED will soon do something to boost up the economic growth as per Reuters poll. The biggest economy of the world is still picking it up in the second half of the year as it [...]

The largest economy of the world is at the high risk of encountering a fresh recession as indicated by the Friday’s payroll data that dominated the global financial markets. With the U.S. economy continuously getting weak and even the debt crisis in Europe is also making the continent’s economy hollow, the monthly payroll reports have [...]

Tuesday saw gold leaping to touch a record high after the indications from the minutes of policy meeting of Federal Reserve held in June pointed towards the openness of the central bank to more monetary stimulus. Gold futures for the month of August delivery rose 0.9%, or $13.10, reaching a record high of $1,562.30 per ounce. [...]

The condition of the U.S. economy remains unsatisfactory for everyone. According to the economists the prospects seem to be pretty bleak too. Next year would also see sluggish economic growth with high levels of unemployment and modest hiring, as indicated by a survey of 27 economists. A prediction by the economists says that GDP, the [...]

On Friday the forecast of the economic growth of the US was slashed by the IMF as it cautioned Washington and other debt-ridden European countries that unless immediate steps were taken by them for reduction in budget deficits, they would be considered as “playing with fire”. Since its earlier report in April, larger menaces to [...]

The economic indicators in Japan, like the enployment rate and the consumer index have revealed a fact that Japan is recovering steadily in comparison to fragile recovery done by other economies. Japn has come up with an astounding stats of the unemployment rate dropping by a considerable amount of 4.9 percent. It is the straight [...]

New York, 24 November-According to the report released by commerce Department on Tuesday, American business has earned the profit at the rate- $1.659 trillion, annually in third quarter. It is for the first time, that the figure is recoded to be highest on nominal terms from the time when the government started tracking profit, 60 years [...]

Bloomberg, November 15 – Japan is growing at a faster rate with increased consumer spending in third quarter. The rate of Gross Domestic Products rose to 3.9 percent in three months ending on September 30, said the Cabinet Office today in Tokyo, following the revised expansion, that is, 1.8 percent in the preceding quarter. The [...]

The double-digit increase in food costs pushed an inflation rate of China to the 25-month high of 4.4% in October month despite the government clampdown on efforts and credit to settle down living costs. The price increased, due, mostly to the 10.1 % high for food, was far higher than the official target of 3% [...]