On Friday, Crude oil futures prices ascended after the biggest one-day rally climb in six years the day before, that drove by the news …
It seems that after all US households are getting stronger as newest findings indicated that they got out of the financial crisis woods. As total net worth of US households for the first quarter pleasantly surprised, we should remember that this positive trend was driven by a stronger real estate segment and improving stock market as well. Yet analysts note that many low and middle class households do not feel any improvement at all, facing increasing problems.
Ever since the boom in natural gas, US energy prices have revised substantially, but have also sparked fears of great environmental harm. Currently, the technique used to unlock huge reserves of natural gas is called FRACKING and is widely criticized by environmentalists.
National factory activity index showed that sequestering and taunt fiscal policy slowed US economy in the first quarter one. Business News reports indicated that the slowing down of economy had begun much earlier and the March 1st higher taxes as well as government spending cuts to the tune of $85 billion further slowed the economy.
Mitt Romney, the republican candidate in the 2012 presidential elections in the U.S., blamed President Barack Obama of demonizing business success, as he himself attempted to avoid questions about his personal finances that could be a possible threat to his presidential campaign.
After the European markets closing sharply high, the investors hope that the European Leaders will come to an agreement on a package with measures addressing the entire region’s debt crisis. They are meeting for a summit which is going to be held on the coming Wednesday. With DAX Germany rising to 3.6 percent, CAC France rising to 4.0 percent and FTSE MIB Italy rising 2.8 percent, it seems that the hope wave is catching speed.
With the tough time the global economy, especially the American economy, is facing, everyone wants to know what companies are doing well and what are not. Here’s a list of the top 10 healthy companies in America right now, despite the financial crisis. These companies are beating the odds and continuing to grow and prosper, and have not been weakened by the recession.
The United States economy, in a surprise move, introduced 103,000 jobs for September. The figure exceeds the expectations of most economists and industry pundits. As industry insiders were waiting for new jobs to be introduced, many hoped that the rate of jobless people in the nation would decrease significantly with the new employment opportunities.