United States

US labour market gains propelled by robust consumer spending

US labour market is gaining grounds helped by robust consumer spending, despite poor profits among corporate giants. The country added more than 200,000 jobs per month, with an average recruitment totalling to 213,000 new jobs a month in the past four years.


European Authorities Are Evaluating Encryption Issues Following Brussels Attack

In the wake of Brussels attack, more European countries are considering making new policies that would legally require tech companies to hand over encrypted information when needed. That will affect tech companies around the world as Apple is pushing forward to fight back in the U.S. as well as in Europe.

Developing markets show growth in renewable energy investments

Investments in renewable energy soared high with China and India leading the emerging markets in their commitments in the wind and other related renewable sources. India, China and Brazil outstripped developed nations in 2015 renewable investments.

US Q4 growth rate beats estimates

The rise in household spending has propelled US economy to grow surpass earlier forecasts for fourth quarter of 2015. However, the US GDP growth rate eased in fourth quarter from previous quarter.


Latest News

A tentative deal was reached by the Californian government over a statewide minimum wage of $15 an hour. No specific information has been conveyed yet but labor unions will pursue their initiatives. Gov. Jerry Brown and his advisers are still debating about the wage increase that would mean an additional expenditure for the government as it already pays for the worker's services for the disabled.
Marijuana entrepreneurship is almost in every parts of the world, legal or illegal, for leisure or for medical purposes. Others see it as helpful but others see it as deadly. Pot is hot and the booming business seems to be unstoppable as other states began to legalize it.
Coal mines in Colorado are shutting down one by one. Most of the folks no longer have jobs and are now looking at the marijuana economic growth that could provide them income. Officials however, are worried about the peacefulness of the place and how the chaos if ever, could be handled by such few authorities.
Starbucks is joining the war against food waste as they pledge to give all of their unsold food to charity. They will work with Food Donation Connection and Feeding America who will distribute the food in their behalf.
A recent Charles Schwab study revealed that almost half of U.S. investors are addressing their overall financial plan on the tax season. Tax preparation is also associated with more confidence while doing their tax. However, the study also unveiled a room for improvement for investors’ approach to planning their taxes.
Toscana Energy said that Anand Ramnath has been named as chief financial officer with effect from March 18, 2016. Ramnath, with more than 19 years of experience in financing and accounting, has been the acting chief financial officer of Toscana from July 31, 2015.
Stocks in the Asian market faced a steep decline for the second day following the drop in oil to less than $40 per barrel. In addition to the oil price drop, investors were curious about the US financial policy.
Google has been witnessed to expand its client service network under the direct leadership of former VMWare co-founder Diane Greene. Google Cloud Platform has announced winning Landing Home Depot as its client. The deal is expected to get formally announced on Wednesday.
Contrary to a notion that oil rout is impacting everyone in the industry, there are few bosses at energy companies making more money based on their performance. Few top managers are excelling in meeting targets and getting hefty paychecks.
The Federal Reserve Bank of New York has denied any responsibility over the $81 million cyber heist from the current account of Bangladesh Bank. But a BB audit report observes NY Fed responsible since it implemented five payments instructions out of thirty five leaving many questions behind. Following the internal report BB is getting prepared to file lawsuit against Fed.
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