UK economic growth slowed in the three months to September, with the economy expanding by just 0.7%, the Office for National Statistics said.
Few 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.
Americans continue to fall far short of what they need to be saving for retirement. According to a new survey commissioned by Wells Fargo through Harris Poll, The median amount of money saved fro retirement by middle class people is only $20,000.
What a day. Stocks got a major boost Thursday from a slew of strong earnings reports from companies ranging from heavy equipment maker Caterpillar (CAT) to automaker General Motors (GM).
BASF, the world's biggest chemical maker by sales, has slashed its sales and earnings targets for 2015, as it lowered its expectations for global growth and chemical production.