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Italy’s Treasury said it will “intensify” structural changes in the economy and push ahead with measures to balance the budget by 2014 after Standard & Poor’s said its debt rating is at risk of a downgrade.
“With regard to the economy, the government has initiated and will intensify its reforms; in regard to the budget, […]
Filed under: economics, management by Guru
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For proof of the growing popularity of discount grocery stores, look no further than the parking lot.
On a recent evening outside the Aldi on South Grand Boulevard in south St. Louis, a battered pickup and a rusting Dodge shared space with a yellow Hummer and a late model Honda SUV.
“You used to just see old, […]
Short of default, a bout of inflation similar to that of the 1970s may be the only way for the U.S. to reduce its debt burden if lawmakers fail to pass deficit-reduction measures, according to a Bloomberg Government Study released Friday.
The study projects the debt would fall to 61.8 percent of gross domestic product in […]
The Nasdaq-100 index will be rebalanced to reduce the weight of Apple’s stock by about 40%, Nasdaq OMX announced Tuesday.
The changes will bring Apple in line with Nasdaq rules that require a rebalancing whenever a single stock makes up more than 20% of the index.
Apple (AAPL, Fortune 500) currently represents 20.5% of the index, […]
The Irish government may be forced to take controlling stakes in Bank of Ireland Plc and Irish Life & Permanent Plc, the last of the country’s biggest lenders to escape state control, following tomorrow’s stress tests.
“They’ve clearly got most to lose,” said Oliver Gilvarry, head of research at Dublin-based Dolmen Securities, who has “sell” […]
France blazed a diplomatic trail as it recognized a newly formed Libyan opposition group Thursday, drawing the ire of other European nations for stepping out on its own even as the situation in Libya remained unclear.
In Washington, U.S. Secretary of Hillary Rodham Clinton said she will meet with members of the Libyan opposition, both in […]
The economy gained strength at the end of last year as Americans spent at the fastest pace in four years and U.S. companies sold more overseas.
The growth is boosting hopes for a stronger 2011. But it remains too weak to ease high unemployment.
The Commerce Department reported Friday that growth rose to an annual rate of […]
Despite weak demand in the U.S. and Europe, oil prices climbed this week to near $90 a barrel, and gasoline prices have passed $3 a gallon in Metro East no fax pay day loans.
Why? If demand is down and supplies are plentiful
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