Featured News

oil price dip

Oil Dips As Greece And China Add To Economic Worries

As Greece failed to form a coalition Government and news of a slowing Chinese economy spread, demand for petroleum is expected to go down. This led to a dip in oil prices in the international market. The crisis in Greece is leading to a pressure on...

Greece debt crisis

What Will Happen If Greece Comes Out Of Euro Zone

Some factions do not want the international lenders to impose the austerity measures on Greece. But the matter of fact is if Greece cannot satisfy the demands of the IMF and the European Union, then they are going to cut off their last lines of...

spain

Spain Demands Banks To Accommodate More Funds For Property Crisis

Spain has asked the banks to keep aside more funds to protect the good property loans. At the initial stage, the government has demanded $45 billion Euros to keep a cover of the bad property assets. The government plans to make a wider bank reforms...

us bankruptcy

Many Americans Are Finding It Difficult To Afford High Bankruptcy Fees

After the recession broke out in 2008, a large numbers of Americans started filing for bankruptcy to come out of the debt crisis. The figure has been released by the National Bureau of Economic Research. Due to this increase in cost of bankruptcy,...

us unemployment rate

US Unemployment Falls To 8.1% During April

Business establishments in USA added only 115,000 jobs during the month of April and United States unemployment rate was down to 8.1% from 8.2%. The decrease in unemployment rate became possible as more people decided to give up looking for...

World Economy

oil price dip

Oil Dips As Greece And China Add To Economic Worries

As Greece failed to form a coalition Government and news of a slowing Chinese economy spread, demand for petroleum is...

Greece debt crisis

What Will Happen If Greece Comes Out Of Euro Zone

Some factions do not want the international lenders to impose the austerity measures on Greece. But the matter of fact...

US Economy

us bankruptcy

Many Americans Are Finding It Difficult To Afford High Bankruptcy Fees

After the recession broke out in 2008, a large numbers of Americans started filing for bankruptcy to come out of the...

us unemployment rate

US Unemployment Falls To 8.1% During April

Business establishments in USA added only 115,000 jobs during the month of April and United States unemployment rate...

irs_fraud

US IRS Gives Another Chance To US Citizens To Declare Their Undisclosed Offshore Assets

The Internal Revenue Service has decided to give another chance to the US citizens to declare their offshore assets and...

Richard Cordray

Cordray’s Appointment As The Chief Of Consumer Financial Protection Bureau Creates Massive Political Outrage

In a bold display of executive authority, President Barack Obama on today is going to resist the GOP opposition and...

consumer

Consumer Confidence In USA Is Highest Since Eight Months

Consumer confidence went up very high among the US consumers in December and it is being considered as the highest in...

Corporate News

NAB

National Australia Bank To Lay Off 1400 Jobs From Their UK Units

The Yorkshire and Clydescale banks have decided to cut more than 1400 jobs in the UK economy. The laying off will take...

citibank

CitiGroup Shareholders Reject High Pay Package Of Executives

The shareholders of Citigroup have rejected the outsized pay packet which the leading bank has offered to their top...

Manufacturing a new commodity involves investment and lot of money as well as time

As reported in New York, Procter and Gamble, one of the major industries in the world suffered for about eight years in...

citigroup

CITI Gets Good Deal In EMI Selling

Citigroup has finalized the deal for selling out their EMI group for a total value of $4.1 billion. The Citigroup...

topamax

Johnson & Johnson May Have To Shell Out Millions In Topamax Case

It has been decided that the lawsuits filed in Pennsylvania state court by the families who are affected by the use of...

Stocks

stock

Shares Jumped Higher On Berlusconi’s Resignation News

Italian Prime Minister Silvio Berlusconi was unable to prove his majority in the Parliament and he is supposed to be...

Personal Finance

low mortgage rate

Mortgage Rates Lowest, But Few Eligible Takers

Though the mortgage rates in the USA are now going at all time low, millions of Americans have become unable to get...