Economy

US auto sales rise in November Fri, 12/02/2011 - 15:37 by Neka Sehgal Despite, a sluggish economy and a weak employment sector, car sales in United States surged in November, their fastest pace in two years, reflecting a lot of pent-up demand. Comments Read more	Asian stocks surge on consensus to end Europe debt crisis Tue, 09/27/2011 - 17:24 by Jaspreet Virk Buoyed by positive Wall Street cues and pledge by European leaders to end the debt crisis, Asian stocks climbed Tuesday. Comments Read more	Euro zone divided over increasing size of bailout package Mon, 09/26/2011 - 18:01 by Anter Prakash Singh The leaders from the European countries are discussing the option to increase the size of the bailout package after the leaders from United States and several other countries urged them increase it. Comments Read more
Obama's deficit plan to include $1.5tn in tax increase Mon, 09/19/2011 - 16:49 by Jaspreet Virk In a hope to cut U.S. fiscal deficit by more than $3 trillion over the next decade, President Barack Obama on Monday will propose increase in taxes, mostly targeting the millionaire taxpayers. Comments Read more	Nearly 46mn Americans are poor -- US Census report Wed, 09/14/2011 - 16:25 by Anter Prakash Singh According to the Census Bureau report released Tuesday, the number of poor people in America has increased to 46.2 million in 2010, which is the highest in last two decades. Comments Read more	Greece imposes new property tax to avert default Mon, 09/12/2011 - 14:50 by Jaspreet Virk Public anger against the austerity measures has failed to dissuade Greece government from introducing new spending cuts. Comments Read more
Obama's $447bn job package proposes tax breaks, encourages spending Fri, 09/09/2011 - 13:40 by Jaspreet Virk In yet another effort to boost the struggling economy, President Barack Obama unveiled a $447 billion jobs plan Thursday night. Comments Read more	No new jobs added in August, jobless rate steady at 9.1% Wed, 09/07/2011 - 12:08 by Jamie Anderson The latest report on unemployment statistics is nothing to cheer about. In fact, it points to the dark clouds of recession hovering over the U.S economy. U.S economy. Comments Read more	World economy precariously placed -- Zoellick Mon, 09/05/2011 - 16:13 by Jamie Anderson World Bank President Robert Zoellick has warned that as global growth is sluggish and investor confidence shaken, the world economy is moving towards a "new danger zone." Comments Read more
Princeton economist Krueger appointed top economic adviser Tue, 08/30/2011 - 16:46 by Jamie Anderson One of the principles of management states ‘Right man for the right job.’ This is probably the doctrine that President Obama applied when he appointed Alan Krueger as the chairman of the Council of Economic Advisers. Comments Read more	Gold prices rise amid global economy fears Wed, 08/03/2011 - 16:45 by Jamie Anderson In an attempt to save themselves from the adverse impacts of the waning global economic outlook, investors made a beeline for the supposedly secure and infallible gold. Comments Read more	Crude falls amid US debt default concerns Sun, 07/31/2011 - 16:30 by Anonymous Oil prices fell below $97 a barrel Friday as investors were left with no choice but to consider worst-case scenarios given that there was no unanimity amongst U.S. lawmakers to lift the government debt limit. Comments Read more