China’s Central Bank Cuts Rates Again to Boost Economy
BEIJING — China is cutting interest rates again in a new effort to shore up its anemic economic growth. – Go to Home Page »
Tag: growth
Whole Foods Finally Got Cheaper And It’s Working
Whole Foods Market is finally coming to terms with its image problem. The notion that its food is too expensive has kept a certain segment of grocery shoppers at bay,…
Fast-Track Attacks on Cancer Accelerate Hopes
Chemotherapy and radiation failed to thwart Erika Hurwitz’s rare cancer of white blood cells. So her doctors offered her another option, a drug for melanoma. The result was astonishing. Within…
Can Nonalcholic Beer Save Big Brewers?
An unlikely star of the brand-name beer industry is beer that doesn’t give you a buzz. Beer giants have been contending in recent years with saturation in what are traditionally…
Chinese New Year 2015: A fortune teller’s take on the economy
This prediction appears to be right on the money. China’s economy grew by 7.4% last year, and economists surveyed by CNNMoney expect growth just shy of 7% for 2015. The…
Japan Makes a Quick Exit From Its Latest Recession
TOKYO — Japan’s latest recession was as short as it was unexpected. The Japanese economy, the world’s third-largest, started expanding again at the end of 2014, government data showed Monday,…
Japan’s Economy Expands, but Less Than Expected
TOKYO — Japan emerged from recession at the end of 2014, government data showed on Monday, though the economic growth — the country’s first since early last year — was…
Oil Prices Up 3% on News of Economic Growth in Europe, but Supplies Rise
HOUSTON — The global benchmark price for oil rallied above $60 a barrel on Friday for the first time in 2015, but analysts warned that growing stockpiles were hanging over…
The California Chasm: A Look At Income Inequality In The Golden State
This piece was originally published on Capital & Main. As it pushes historic levels, inequality has become a hot topic. Activists have organized around the rich-poor divide, with “The One…
Morocco’s fast-rising aviation industry spreads its wings
This is especially true for the aeronautics sub-contracting market. However, the country has still a long way to go to be among the top performers in this sector. The Moroccan…
Pollution is driving foreign executives out of China
Still, businesses remain upbeat about their short-term plans in the country. Seven out of 10 companies said they were optimistic about the next two years, especially when it comes to…
Greek Prime Minister Won’t Seek to Extend Bailout
ATHENS — As pressure grows on Greece to reach a deal with its international creditors and avert fears that it will default on its huge debt, Prime Minister Alexis Tsipras…
European Union Raises Its Forecast for Growth
BRUSSELS — European Union officials on Thursday nudged up growth forecasts across the 28-nation bloc amid optimism that falling oil prices, a weaker euro and intervention by the European Central…
China Moves to Free Up Money in Its Economy
HONG KONG — China’s central bank announced on Wednesday evening that it had reduced the share of assets that commercial banks must hold as reserves, freeing them to lend more…
Visa loves the fees and announces a stock split
Overall, the company solidly beat Wall Street expectations for revenues and earnings per share. Experts often use Visa, MasterCard (MA) and American Express (AXP) financial reports as a rough gauge…
This Map Reveals Just How Unequal The So-Called Recovery Is
In his State of the Union address last week, President Barack Obama cheered rising wages. What he didn’t mention is that much of the income gained since the recession has…
Empowering Women And Girls Is The Key To Ending Poverty, And Here Are Numbers To Prove It
The lives of people in some of the world’s poorest countries will improve faster in the next 15 years than at any other time in history, according to the Bill…
Eurozone Economy Shows Hints of Improvement, Survey Indicates
FRANKFURT — The eurozone economy appears to have perked up a bit at the start of 2015, an industry survey showed on Friday, just a day after the European Central…
Struggle City: Most U.S. cities haven’t recovered yet
Related: Still waiting for a pay raise? You’re not alone The other America: Meanwhile, several U.S. cities located near the Great Lakes ranked in the bottom 50 cities worldwide for…
Dear Abby Offers Response To Gay Grandmother With Homophobic Son
We would all be so lucky to have someone like Dear Abby in our lives. – Additionally, Dear Abby herself shut down a homophobic couple last year who were excluding…
India to overtake China as world’s fastest growing large economy
Related: Why Paul Krugman is scared of China Even if it posts a faster growth rate, India will not approach China in terms of raw economic power. – Chicago Mercantile…
Rick Perry Mixed & Matched Data On Jobs In Farewell Speech To Texas
The following post first appeared on FactCheck.org. Rick Perry, in his last official speech as Texas governor, mixed and matched jobs data to embellish the state’s job gains. Perry claimed…
China’s Economic Growth Slows To 7.3 Percent In Fourth Quarter
BEIJING, Jan 20 (Reuters) – China’s economic growth held steady at 7.3 percent in the fourth quarter from a year earlier, slightly better than expected but still hovering at its…
Declining Population Could Reduce Global Economic Growth By 40 Percent
Declining population growth that shrinks the pool of available labor over the next 50 years will reduce by 40% the rate of growth in global economic output for the world’s…