Fiscal ‘08 May Retail Sales
The Commerce Department reported Thursday its May retail sales figures which were $385.4 billion, up from $381.6 billion in April and showed a 1.0% gain, better... >>>
Real Estate In Emerging Economies Strong Despite Global Credit Crunch
In a sharp contrast with current U.S housing sector, where home prices may fall by as much as 30 percent from their peak in 2006 and not hit bottom until 2010,... >>>
US April Trade Deficit Up Almost 8%
The Department of Commerce, said today that international trade in goods and services: total April exports of $155.5 billion and imports of $216.4 billion - resulted... >>>
China May Raise The Ceiling On Foreign Investment
It is a known fact that China has aggressively courted foreign investment, crediting capital from abroad with helping it become a world economic power. Since early... >>>
GE Unit May Receive Bid By China’s Haier
Based on reports from FT the Chinese white-goods maker Qingdao Haier, which in 2005 teamed up with private equity firms Bain Capital and Blackstone (NYSE: BX) to... >>>
Apple’s 3G(PS) IPhone Is Here
Steve Jobs, the chief executive of Apple, introduced on Monday the next generation iPhone at the company’s 2008 Worldwide Developers Conference which saw a record... >>>
US Pending Home Sales Jump In April
Pending Home Sales Index, a leading indicator of housing activity which measures housing contract for existing single-family homes, condos and co-ops, came in April... >>>
Oil: This Isn’t a Bubble
A few weeks ago the crisis commodity switched from oil to rice. Now it’s back to oil again and logically so, one would argue. After all, crude futures surged... >>>
Unemployment Rate Spikes In May
Total non-farm payrolls, a statistic researched and reported by the U.S. Bureau of Labor Statistics declined 49,000 in May while revisions to March and April subtracted... >>>
Intel Faced With Antitrust Investigation
The Federal Trade Commission, according to The NYT - has opened a formal antitrust investigation of Intel (INTC), the world’s largest maker of computer microprocessors,... >>>
