A drop in the fuel prices is a welcome relief across various industries, including the agriculture sector. Growers have been witnessing disappointingly low grain rates and Cattle ranchers have been complaining of low earnings.
The Fed wants to increase rates to hold off inflation as jobs and wages pick up, but the ECB is going in the opposite direction, which could complicate things.
The National Association of Realtors reported on Jan. 23 that existing home sales increased 2.4 percent to an annual rate of 5.04 million units last month.
Mark Carney gave sturdy backing to the European Central Bank's radical stimulus but warned it could disrupt the monetary markets.
Bill Gates listens to his wife Melinda Gates during an interview in New York, Wednesday, Jan. 21, 2015. As the world decides on the most crucial goals for the next 15 years in defeating poverty, disease and hunger, the $42 billion Gates Foundation ...