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Category Archives: Economy
Amy Hoak’s Home Economics
By: Amy Hoak Jumbo mortgage rates experienced a jumbo hike when the meltdown in the mortgage market caused funding for these bigger loans to dry up. Slowly, rates have fallen, as banks have been more willing to fund the loans … Continue reading
Jobs up 290,000; jobless rate rises to 9.9 pct
More confident U.S. employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent as Americans streamed back into the market looking for work. The hiring of 66,000 … Continue reading
US employment falls
WASHINGTON – UNITED States private payrolls rose less than expected last month and overall employment fell for the first time this year as thousands of temporary census jobs ended, showing the economic recovery is failing to gain traction. Private hiring … Continue reading
Obama signs Iran sanctions
WASHINGTON – PRESIDENT Barack Obama warned Iran on Thursday it faced mounting pressure and isolation, as he signed tough new US sanctions he said would strike at Teheran’s capacity to finance its nuclear programme. The measures, on top of new … Continue reading
Posted in Economy, Politics, Religions: Islam
Tagged economy, Iran, Nuclear, Obama, Politics, Sanction
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Skilled vacancies fall 0.3% in June
Skilled job vacancies fell 0.3 per cent in June compared to a month earlier, national data shows. The Department of Education, Employment and Workplace Relations skilled vacancies index in June was 45.6 points, 22 per cent higher than in June … Continue reading
Does Killing Unemployment Benefits Kill The Economy?
The House of Representatives failed to pass a bill to extend unemployment benefits for out-of-work Americans until November. The number of people that would be covered is over a 1.5 and increases by at least 100,00o a month. About 5.2 million people get federal unemployment benefits now. Continue reading
The Twenty Most Productive Nations In The World
24/7 Wall St. decided to find the most productive countries in the world. 24/7 elected to use GDP per capita as the measurement and the International Monetary Fund as the source for the data. Continue reading
Posted in Business, Economy, Investment
Tagged Business, economy, GDP, productive nations
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EU to ban selling eggs by dozen
Shoppers will be banned from buying bread rolls or eggs priced by the dozen under new food labelling regulations proposed by the European parliament. Continue reading
Vietnam: The new China?
It’s been more than a decade since I was last in Ho Chi Minh City. The city then was dusty, noisy, frantic and, well, disorganized – a lot of energy but not a lot of focus. But, Ho Chi Minh in 2010 is booming. The familiar landmarks are still there but this city is spreading – upwards and outwards. Continue reading
Posted in Business, Economy, Investment
Tagged Business, Investment, Technology, Vietnam
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Indonesian stocks close higher
Jakarta (ANTARA News) – The Composite Stock Price Index (IHSG) at the Indonesian Stock Exchange (IDX) here Monday noon closed higher amid regional bourse fluctuation. The JKSE index went up 20.710 points or 0.70 percent to 2,967.73, and the LQ45 … Continue reading
