U.K. economic growth cooled in the third quarter as threats to the recovery from the euro-area slump mounted. Gross domestic product rose 0.7 percent in the three months through September, compared with 0.9 percent in the second quarter, the Office for ...
ew economic forces are more important than commodity prices. When they rise they transfer riches and power from consumers to producers; when they fall, it is as near as anything in economics to a free lunch for consumers.
P&G said in August that it would focus on 70 to 80 of its most profitable consumer brands including Tide detergent and Pampers diapers, while divesting or find ways to exit some 90 to 100 smaller brands.
A recent survey of middle-class Americans has uncovered that the majority only have about $20,000 saved for retirement. The estimated need is more like $250,000.
Ford Motor Co. (F), making less money while F-150 truck production is suspended, said third-quarter profit fell less than analysts had projected as the company continues to grow in China where it now outsells Toyota.