Wednesday is decision day for the European Central Bank. At issue is how the E.C.B. should handle the latest euro zone banking and debt crisis. In many ways the easy path for officials at the E.C.B. would be to save the economies with cuts in the benchmark interest rate to a historic low and/or to… Continue Reading
As finance ministers across the globe rally to discuss the flailing economy, Australia’s central bank is cutting interest rates in an effort to boost confidence throughout the nation. The country’s overseas outlook is relatively bleak, and local growth is slow as well. The Reserve Bank of Australia has minimized its cash rate to 3.5%, 25… Continue Reading
Now that the much anticipated Facebook IPO is behind us it is possible to discuss where Facebook might be heading in the years to come. Many countries already have Facebook penetration at near or greater than 50 percent, including the United States, Britain, Canada, Australia, Malaysia and others; making it likely that growth in these… Continue Reading
The U.S. economy’s recovery has been disappointing thus far, and recent data has foreshadowed a potential slump as the global situation worsens. Payroll averages have fallen since last year, while the Labor Department’s recent report reveals additional instability. Macroeconomics Advisers’ Joel Prakken explained: “The sharpness of the deceleration seems consistent with other incoming data suggesting… Continue Reading
The latest U.S. Labor Department report has revealed that America’s economy continues to grapple with economic complications despite previous predictions. Unemployment rates throughout the nation climbed a tenth of a point last month, while employers only managed to add 69,000 jobs, though experts projected more than double that. Payroll has also fallen, with 49,000 jobs… Continue Reading
New ideas abound in the marketplace, but which ones ultimately grow into successful companies? ,And which companies will eventually change the world as we know it, much like Facebook, Twitter and Groupon have change the world? And who can expect to see lots more of in the years to come? The following list represents companies… Continue Reading