Archive for the ‘Economy’ Category
21 mins ago - (RTTNews) - Friday, the major news from Europe was the surprise decline in German industrial orders. Eurozone German industrial new orders unexpectedly declined in May due to weak domestic demand. The latest report from the Federal Ministry of Economics and Technology showed that industrial new orders fell 0.9% month-on-month in May. Economists had expected [...] Read More
July 4th, 2008 - Wealth. The mainstream media played this up recently, but only because it fell by nearly $2 trillion in the first quarter. Stand back and a different picture is revealed. Americans’ net worth — what they owned less what they owed — was $55.97 trillion. That’s down from the peak of $58.196 trillion in the third [...] Read More - By: Mark Perry
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