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.
Pretax profit fell to $1.18 billion or 24 cents a share, compared with $2.6 billion or 45 cents a share a year ago. Despite the lower profits, the result beat analysts' expectations of 19 cents a share.
Middle-class individuals throughout the United States have a median of just $20,000 total saved for retirement, compared to the $250,000 necessary to sustain their way of lives after leaving their jobs, according to a recent Wells Fargo survey.
US stock index futures fell yesterday on news that a 33-year-old doctor named Craig Spencer, who flew from West Africa to New York a week ago, has contracted the Ebola virus.