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By Svenja O’Donnell, Bloomberg |
March 20, 2013
Chancellor of the Exchequer George Osborne said the forecast for U.K. economic growth this year was cut by half as he lowered corporation tax and set out an updated central-bank remit to aid Britain’s recovery.
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By Michelle Jamrisko, Bloomberg |
February 28, 2013
The economy in the U.S. managed to barely expand in the fourth quarter as the smallest trade deficit in almost three years helped overcome the biggest plunge in defense spending since the Vietnam War era.
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By Toni Hansen |
February 24, 2013
Traders will have a number of economic reports to digest this week, including new and existing home sales, GDP estimates and natural gas inventories.
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By Greg Quinn, Bloomberg |
January 31, 2013
Canada’s gross domestic product expanded at the fastest pace in seven months in November on gains in manufacturing, mining and energy.
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By Shobhana Chandra, Bloomberg |
January 30, 2013
The economy in the U.S. unexpectedly shrank in the fourth quarter, restrained by the biggest plunge in defense spending in four decades and dwindling inventory growth, as household purchases picked up.
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By Ye Xie, Bloomberg |
January 7, 2013
China’s economy has the potential to grow 8% annually over the next 20 years should the nation reduce support for state companies and unshackle banks, according to Lin Yifu, a former World Bank chief economist.
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By Blake Schmidt and Josue Leonel, Bloomberg |
January 7, 2013
The currency gained 0.3% to 2.0269 per U.S. dollar at 1:04 p.m. in Sao Paulo, the strongest level on a closing basis since Oct. 25.
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By Austin Kiddle |
December 21, 2012
Comex gold futures tumbled 1.31% on Thursday to end at $1,645.90. Week-to-date, gold futures have fallen 3.01%, trimming this year's gain to around 5%.
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By Alex Kowalski, Bloomberg |
December 20, 2012
The U.S. economy grew at a 3.1 percent annual rate in the third quarter, more than previously reported, reflecting the first gain in state and local government spending in three years, more consumer purchases and a smaller trade gap.
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By Toni Hansen |
December 14, 2012
Next week, traders will be keeping an eye on third quarter GDP, pending home sales and manufacturing reports.
