Massive natural gas discoveries along with new extraction techniques have led many to claim nat gas as the fuel of the future – which could ensure U.S. energy independence, reduce geopolitical risks, and help…
Unemployment in Greece reached 21.9% in March, which allows it to move into the club of EU nations with unemployment rates over 20%. Spain chairs that association. The Greek number was up from 15.7%…
Food prices, one of the greatest threats to the overall health of the global economy have fallen recently, and dropped very sharply in May according to the UN Food and Agricultural Organization. The FAO…
The global airline industry is no where close to recovery according to the head of its largest trade association. “Oil prices are high, although moderating somewhat from recent peaks. The European sovereign debt crisis…
Unemployment in Greece reached 21.9% in March, which allows it to move into the club of EU nations with unemployment rates over 20%. Spain chairs the association. The Greek number was up from 15.7%…
The jobs report last Friday, which covered unemployment in the United States, showed that the economy only added 69,000 jobs. The number was below almost all expectations and was front page news on every…
The INSEE, the official statistics arm of the French government, announced that first-quarter unemployment reached 10%. The reality of the problem was worse than that. Like the United States, France has a large portion of its…
China’s investment in Europe tripled to $10 billion in 2011, compared to the amount in 2006 to 2009. But that is not very much money, given the size of the European economy. Research firm Rhodium…
Apple’s (NASDAQ: AAPL) best hope to keep from losing substantial market share to Samsung in the United States is to block the distribution of the South Korean firm’s new Galaxy S III. The Samsung smartphone has sold…
LinkedIn (NYSE: LNKD) and eHarmony suffer data breaches that allow millions of passwords to be released. (Reuters) Janet Yellen of the Fed argues a slow economy may prompt more easing by the central bank.…
Often, the media discusses the issue of high CEO pay, but what about high pay for members of the board? More than a dozen public company boards had directors whose compensation averaged more than…
If any more proof is necessary that Spain cannot raise capital at reasonable prices, its new bond auction offers it. The average yield on 10-year notes was 6.044%, up from 5.743% in April. Spain,…
Fed No.2 Janet Yellen left the door wide open for a shift toward QE3, which has appeared more likely since the May jobs report. She noted “headwinds” in her comments before the Boston Economic…
Updated throughout the day on the 24/7 Wall St. Wire. Panasonic will supply Olympus with 20 billion yen in loans (Reuters) Nasdaq will compensate some large investment houses for money lost on the Facebook…
Nokia (NYSE: NOK) has launched a line of inexpensive touchscreen phones, perhaps to offset its failure in the high end of the smartphone market. Tens of millions of people around the world still do…
Germany is assumed to be the home market of some of Europe’s most stable banks because of the relative stability of its economy. Moody’s has undermined that view as it cut ratings of seven…
nationsonline.orgIt is hard to imagine how the situation in Greece could worsen. G7 financial ministers met by phone yesterday to encourage leaders in the region to build a support system for weak countries. Nothing…
It is hard to imagine how the situation in Greece could worsen. G7 financial ministers met by phone yesterday to encourage leaders in the region to build a support system for weak countries. Nothing…
It took a study by Rutgers academics to remind the media, and perhaps some Americans, that young people with high school educations or less cannot find work. The study was unnecessary. The Bureau of Labor…
The Bureau of Economic Analysis released its data on GDP growth by state for 2011. One of the trends the data show are that many of the states most badly hurt by the recession…