Topic: Economic Crisis
Government debt is growing, as is the deficit. The economy is struggling to get out of recession and there is talk of spending cuts or higher taxes. The unions are on edge. And the currency is plummeting. The country is not Greece — but Britain, almost ...
A look at economic developments and activity in major stock markets around the world Wednesday: ___ BEIJING — China's exports surged in February in a new sign of growing global demand that could help persuade officials to let the Chinese currency rise. Exports were up 45 ...
WASHINGTON (Reuters) - U.S. wholesale inventories fell unexpectedly in January and sales hit their highest in more than a year, suggesting businesses will soon need to begin restocking, which would support economic growth. Wholesale inventories slipped 0.2 percent after a 1 percent drop in December, the Commerce Department said on Wednesday. Economists had expected stocks of unsold goods at ...
The recession pushed North Carolina's unemployment rate to 11.1 percent in January, a historic high, the Employment Security Commission reported Wednesday. January also marked a year that the state's jobless rate has been stuck above its previous high. January's unemployment rate rose ...
