Small business confidence in the United States went up to its highest point in a year during the first quarter of 2012, according to a survey released this week. More small firms are also planning to increase hiring as the American economy’s prospects have improved, the poll shows. The confidence index by Vistage International jumped [...]
The American President Barack Obama has endorsed bipartisan legislation this week relating to the US’s small companies. The legislation is expected to make it simpler for America’s start-up firms to bring in capital without breaching federal regulations. The vote in the House, in favour by 380 votes to 41, overshadowed concerns from some Democrats, as [...]
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In February, US retail sales increased by the biggest amount for five months, latest US Commerce Department figures have revealed. The rise was largely fuelled by increased demand for vehicles. Sales went up by 1.1% last month, compared with the upwardly-revised 0.6% increase for January of this year. The figures showed that car and truck [...]
The American economy added an extra 227,000 jobs during the month of February, while the nation’s rate of unemployment remained at a level of 8.3% – the lowest level for almost three years. The US Labor Department has also revealed that job-creation figures for December 2011 and January of this year were even better than [...]
Analysts in the US are forecasting that gas prices will surpass $4 per gallon by May this year. They also say that prices of gas are already near record highs for this time of year. In early February, the national average hit $3.48 a gallon, the highest price in history for that point in the [...]
According to a recent independent survey by Intuit (Public, NASDAQ:INTU), the payrolls processing company, small businesses in the US added 45,000 workers during February this year, while they also offered employees more money despite the fact that working hours changed very little. However, Intuit has stated that the rise was a step-backwards from the revised [...]
Gold is likely to hit $2,300 per ounce during 2012, and may even pass the $3,500 an ounce mark within the next three years. This is according to the Chief Executive Officer (CEO) of US gold miner Alacer Gold Corp (Public, TSE:ASR). Ed Dowling told Bloomberg that concerns regarding sovereign debt, as well as higher [...]
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Official figures have revealed that the US economy created 243,000 new jobs during January – the highest total for nine months. The increase was far greater than analysts had expected – they had predicted a rise of around 150,000 jobs. The rate of unemployment also fell to a level of 8.3%, falling from a revised [...]
Some of the key economic news from the US this week includes news of Barack Obama’s speech on Tuesday to Congress, and the announcement from the Federal Reserve, the US central bank, that US interest rates won’t be put up until late 2014 at the earliest. In his speech yesterday, President Obama renewed calls for [...]
Figures released last week show that two of the world’s largest economies, Germany and the USA, saw notable improvements in the state of their labour markets at the end of last year. The figures are a boost for US President Barack Obama. Official figures from the US reveal that the economy created 200,000 jobs in [...]
Posted in Economy, Featured Post Tags: barack obama, Economy, End, federal labour, German economy, german labour market, Job, labour markets, rate, us economy, us jobs market, us labor department No Comments »
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