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Obama trashes trickle-down economics

April 4, 2012

President Obama thoroughly denounced the budget plan favored by House Republicans on Tuesday, calling it "thinly veiled social Darwinism" that will only exacerbate income […]

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South Africa

April 1, 2012

South Africa

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US stocks open mixed; strong factory orders report

March 29, 2012

Stock opened mixed on Wednesday after the government said factory orders rose strongly last month, a sign that businesses continue to invest.
The Dow Jones industrial […]

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Natural gas prices fall again on supply concerns

March 27, 2012

Natural gas prices are falling again amid doubts that a huge surplus of the fuel will be depleted anytime soon.
Natural gas futures fell 2.9 cents […]

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Former Fed analyst: Household debt hurting recovery

March 22, 2012

The economic recovery will remain sluggish for years because many consumers have made little headway in paying down debt, according to new research from […]

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GOP preps for budget battle with Democrats, Obama

March 18, 2012

After a few months of relative peace on the budget front, Democrats and Republicans are readying for a party-defining, election-year fight over trillion dollar-plus deficits […]

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Aircraft dispute didn’t exactly end in a draw, but it may still be a stalemate

March 16, 2012

As Americans, we’re used to contests that have a winner and a loser. Even when a soccer match ends in a tie, at least one […]

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Greece Ratings Cut by Moody

March 3, 2012

Greece

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Strong retail sales are sign of improving economy

March 1, 2012

Many retailers reported strong sales gains for February in the latest sign that Americans are feeling more confident in the economy.
As merchants reported their monthly […]

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No Silver Bullet to Resolve Europe Debt Crisis, World Bank

February 25, 2012

World Bank President Robert Zoellick said there is no

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