Wholesale prices down

A big decline in gas and energy costs drove a measure of U.S. wholesale prices lower in April. Outside that drop, prices barely rose.
The Labor […]

Safeway shuns tiny pig cages

Safeway is the latest corporate giant to publicly shun the use of tiny cages that immobilize pregnant sows which have been condemned by animal […]

Japan Enters Nuclear Recess After Sole Working Reactor Shut Down - Bloomberg

Japan began a recess from nuclear- generated electricity, its first in more than four decades, after its sole operating power reactor was halted for scheduled […]

China May Cut Ratio Without Altering Monetary Stance - Bloomberg

Economists are betting China will cut banks

Signs hint Beijing may be shifting on HK leader

Just days before Hong Kong’s elite chooses the southern Chinese financial hub’s next leader, there are signs that Beijing wants to dump its first choice […]

China

China may report tomorrow the slowest inflation in 19 months and industrial-production growth near a two-year low, increasing odds the government will step up efforts […]

Gas prices climb for 20th day

Gas prices continued their march toward $4 on Monday, rising for the 20th day in a row.
The nationwide average rose to $3.70 a gallon, […]

Weidmann Says ECB Should Resist Pressure to Use

European Central Bank Governing Council member Jens Weidmann said policy makers should resist pressure to increase government bond purchases in response to the euro region

Thank Uncle Sam for boosting your mortgage payment

While the Federal Reserve is trying to hold mortgage rates down, Congress recently gave them an upward shove.
The bill extending the payroll tax cut, which […]

Unemployment rate falls to 8.5 pct., hiring surges

A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the […]