Signs of strain in the transatlantic relationship began to appear in 2011, when Best Buy publicly abandoned its plans for a string of big-box stores.
The business climate for global manufacturing companies appears to be worsening, according to a data release from Markit Economics.
On the heels of its failure to pass comprehensive gun control legislation, Congress has come together in a bipartisan fashion to strengthen sales tax provisions on online retail transactions.
As we have reported previously on this blog, the drought that began several years ago has resulted in billions of dollars in losses for farmers throughout the nation, and has led to consumer price increases across the globe.
Economic data out of the People’s Republic of China suggests that the communist nation may be headed for a period of uncertainty, marked by a rapid expansion in its so-called “shadow” banking sector and fallout from its bloated real estate industry.
Despite dwindling job opportunities and a higher tax on their paychecks, American consumers continue to spend, according to a report from Finance and Commerce, an industry trade journal that focuses on investor issues.
At the heart of the current crisis is a lack of investor confidence in the ability of financial authorities to calmly resolve funding crises.
Some economists, like the University of Utah’s Arthur Nelson, are exploring the idea that, within the next 20 years, a slow-building avalanche of home sales by retiring baby boomers could trigger a wider problem in the housing market.
Declaring that everything is “on the table,” a group of Republicans from the party’s moderate and conservative wings are urging their colleagues to put their ideologies aside in order to find a solution to the “fiscal cliff.”