Saturday, June 8, 2013
America as a whole has regained all the household wealth it lost to the Great Recession and then some, thanks to higher stock and home prices.
A majority of U.S. House members wrote President Barack Obama Thursday urging him to act against currency manipulation by nations like Japan, saying the tactics were “distorting the entire global economy.”
Canada's new central bank chief likened the global economic recovery to a “postwar reconstruction,” explaining to lawmakers on Thursday its tortoise-like pace six years after a worldwide recession.
Standard and Poor's revised its outlook for emerging powerhouse Brazil to negative on Friday due to slowing economic growth and overburdened government finances.
The U.S. Treasury Department on Thursday set a price of US$34.41 per share for the sale of 30 million shares of General Motors stock.
Nicaraguan President Daniel Ortega said a concession to build an inter-oceanic canal across his Central American nation was awarded to an unnamed Chinese consortium based in Hong Kong.
Friday, June 7, 2013
A Federal Reserve survey says economic growth increased throughout the United States from April through late-May, fueled by home construction, consumer spending and steady hiring.
Wednesday, June 5, 2013
The U.S. trade deficit widened less than expected in April as the lowest petroleum bill in nearly 2-1/2 years tempered the rise in imports, while exports hit a four-month high.1 Comment
There is no question that the Taiwan issue will come up during a meeting between U.S. President Barack Obama and Chinese President Xi Jinping in California at the end of the week, according to a former chairman of the American Institute in Taiwan (AIT).
Monday, June 3, 2013
Mexico's biggest airline, Aeromexico, and its unionized workers forged a last-minute accord early on Saturday to avoid a strike that could have grounded some 300 flights and cost 150 million pesos a day, but delayed a decision on a crucial sticking point.