Last week bore news of another upcoming recession in the Eurozone, according to the speculations of numerous economists. However, some believe the recession has never actually ended. Peter Rupert and Thomas F. Cooley, two U.S. economists, explain that Europe’s economies have remained low and struggling to regain momentum after the initial crisis in 2008. Germany… Continue Reading
Despite a twinge of hope from the improved retail sales in the United States in July, global stocks took a tumble as gloomy news from Europe and China offset the faint optimism emanating from the west. Tuesday’s US government figures confirmed an upward surge in spending at stores in July, up 0.8 percent over June’s… Continue Reading
Headquartered in Mountain View, California, Intuit ranked 19th in CNN Money’s list of 100 best companies to work for. Well-known for its TurboTax and Quicken programs which help countless people file their income tax returns fast and as painlessly as possible, Intuit uses its corporate culture to inspire innovation and creativity. The company utilizes “idea… Continue Reading
Want to get in on the trend which is coming as surely as the sun will rise tomorrow? The demographics are shifting towards an aging population as all those babies born in the post-World War II years of the late 1940s and early to mid-1950s are now approaching the autumn of their lives, and this… Continue Reading
Economists were pleasantly surprised last week when July’s data showed an improvement in employment and a significant reduction in the number of Americans filing applications for unemployment benefits. Observers hope this is a sign that the economy will continue to grow as the labor market grows. According to Labor Department statistics the number of jobless… Continue Reading
Are you too busy to send flowers; write a poem; or even wait on hold? Ted Roden, the founder of Fancy Hands personal assistant service management might be just the thing you need to get your life back under control and concentrate on the important things you need to get done. When Roden was in… Continue Reading
Former Chairman of the Council of Economic Advisors under President Nixon and economic advisor to other presidents, Paul W McCracken died at the age of 96 in Ann Arbor, Michigan last Friday. McCracken’s death was announced on the website of the Ross School of Business at the University of Michigan where he was professor emeritus… Continue Reading
Former U.S. Senator Blanche Lincoln, Democrat of Arkansas says she shares a deep concern for the welfare of the middle class with President Obama. But she asks the President to tone down his rhetoric which has sounded lately like he is against small business. “The president suggested earlier this month that government plays a bigger… Continue Reading
In what was a surprise to economists hoping that at least the housing market was getting out of the doldrums, new housing starts plummeted in June from what was a two-year high the previous month. The market for new homes fell by 8.4 percent to an annual rate of 350,000, the lowest since this past… Continue Reading
The manufacturer of iPhones and Mac computers, Apple Inc dismayed Wall Street investors on Tuesday when shares in the exceedingly stable and world’s leading technology company fell over 5 percent of their value, the second quarterly fall in under one year. The disheartening results show that even the usually rock-solid Apple brand is becoming vulnerable… Continue Reading