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Economy News

RSS feedDisplaying articles 41 - 50 of most recent articles

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Rising inequality holding back economic growth, report warns PARIS (AP) The widening gap between haves and have-nots in much of the developed world not only raises concerns about the fraying social fabric it's also dramatically holding back economic growth, according to a new global study.
Yahoo! News | May 21, 2015 09:51 AM [GMT] | comment? | recommend
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Eurozone growth falters despite improved employment The eurozone economy showed unexpected signs of fragility in May, a key survey said Thursday, in a blow to hopes of a swift recovery and despite a welcome increase in employment levels. The closely watched Markit Economics Composite Purchasing Managers Ou
Yahoo! News | May 21, 2015 09:35 AM [GMT] | comment? | recommend
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China gauge shows manufacturing activity still shrinking: HSBC China's manufacturing activity contracted at a slower pace in May, an HSBC survey showed Thursday, but companies cut back production and jobs despite government attempts to reinvigorate the world's second-largest economy. The index, compiled by
Yahoo! News | May 21, 2015 07:28 AM [GMT] | comment? | recommend
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Asian stock markets uneven after weak China data TOKYO (AP) Asian stock markets were lackluster Thursday after China's economy showed new signs of weakness and Fed minutes shed little light on the timing of a U.S. interest rate hike.
Yahoo! News | May 21, 2015 05:53 AM [GMT] | comment? | recommend
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Central bankers, economists to take long view at ECB forum Central bankers from across the world gather in Portugal on Thursday to try to see past pressing issues such as Greece and market turbulence, and take a longer view of the global economy. The European Central Bank has invited leading economists, academics
Yahoo! News | May 21, 2015 04:23 AM [GMT] | comment? | recommend
Survey shows China manufacturing down for 3rd month in a row HONG KONG (AP) Manufacturing in China shrank for the third straight month in May as demand remained soft, raising the chances of more stimulus to prop up growth in the world's No. 2 economy.
Yahoo! News | May 21, 2015 03:51 AM [GMT] | comment? | recommend
Japan approves third nuclear plant for restart Japan's nuclear regulator signed off on the basic safety of a reactor at a third nuclear plant on Wednesday, as the country inches toward rebooting its atomic industry more than four years after the 2011 Fukushima disaster. The decision will be a boost fo
Yahoo! News | May 20, 2015 11:50 PM [GMT] | comment? | recommend
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Chinese investment not Brazil panacea: analysts Braslia (AFP) - Brazil may have received a $53 billion investment boost from China but the South American giant would be unwise to view investment from the Asian superpower as a panacea to its economic woes, analysts said. Chinese Prime Minister Li Keqian
Yahoo! News | May 20, 2015 10:57 PM [GMT] | comment? | recommend
Obama's Asian trade push in doubt as Senate vote looms By Krista Hughes and Richard Cowan WASHINGTON (Reuters) - President Barack Obama's keynote Asian trade push risks failing in a Senate vote on Thursday, a result that would threaten the administration's diplomatic pivot to Asia to counter China's rising ec
Yahoo! News | May 20, 2015 10:36 PM [GMT] | comment? | recommend
Los Angeles City Council Passes $15 Minimum Wage The Los Angeles City Council has passed a $15 minimum wage, which will be phased in over the next several years. The move is upsetting a number of small businesses, especially restaurants.
NPR.org | May 20, 2015 8:37 PM [GMT] | comment? | recommend