According to the results from last month, the level of freight utilization in the United States was down significantly during January.
Last week, Bloomberg News acquired a set of emails exchanged between top-level Wal-Mart executives that revealed a sobering reality about the mega-store’s future business prospects.
If true, these developments could mean that many part-time workers could see their hours cut significantly, which may have an adverse effect on the U.S. economy.
The constitutionality of the 2010 Dodd-Frank financial reform law is being questioned by the attorney generals of at least 11 U.S. states, according to various news sources.
After discussing a spate of new jobs initiatives and a desire to encourage domestic manufacturing, President Obama turned to a topic that many Congressional Republications are loathe to discuss in the wake of the fiscal cliff deal: taxes.
Reports from the U.S. government this week have revealed a significant development in the global economy: China has now surpassed the United States in terms of total trading volume.
A Bloomberg News report published on January 24 showed the total amount of assets held by the central bank reached $3 trillion, most of it in the form of MBS and Treasuries.
In spite of recent efforts by the Obama administration and Congress, recent publications from the U.S. Treasury Department forecast a grim possibility: that within a decade, interest payments on American governmental debt will exceed $750 billion per year.
The U.S. government is pursuing Standard & Poor’s, the international ratings agency, for purported improprieties during the financial crisis that may have resulted in billions of dollars in losses.
Italian politicians, economists and financial observers are quietly asking themselves this question as the troubled southern European nation gears up for a highly volatile election season.