New applications for the unemployment benefits in the world's biggest economy ticked up slightly during the last week, reflecting uneven improvement in the labour market.
New applications for the unemployment benefits in the world's biggest economy ticked up slightly during the last week, reflecting uneven improvement in the labour market.
New applications for the unemployment benefits in the world's biggest economy ticked up slightly during the last week, reflecting uneven improvement in the labour market.
New applications for the unemployment benefits in the world's biggest economy ticked up slightly during the last week, reflecting uneven improvement in the labour market.
The European Central Bank held its main interest rate at a record low of 0.75% yesterday.
The number of jobless claims in U.S. increased unexpectedly in the first week of January despite positive condition of the market in general, the Labor Department reported on Thursday. Unemployment insurance claims grew to a seasonally adjusted 371,000 from the previous week's 367,000, but the increase was caused mainly by reading distortion of winter holidays for the second week."Claims are
The European Central Bank remained its key interest rate unchanged at a record low on Thursday, when refrained its initial decision to cut the rate, as the Eurozone economy is showing signs of recovery and as inflation is still above the ECB's target. Mario Draghi's decision had an impact on the 17-nation currency, when it appreciated to $1.3115 on Thursday
Policy makers of the U.K. central bank kept the official interest rate at its lowest level as the monetary easing program showed success accelerating the demand in the Q4. The Monetary Policy Committee led by Governor Mervyn King decided to remain the key interest rate at 0.5% with the possibility of another easing program. The ECB is keeping the benchmark
The Bank of Japan will consider easing its monetary policy again in January, to boost growth in the struggling economy.
Swiss government to increase its investment in tourism, as country's natural beauty is no longer enough to draw tourists. In 2012, the annual budget for Switzerland Tourism, which is the national marketing organization, was 99.4 million Swiss francs ($108 million), while it is planned to enhance this figure in 2013.
The U.K. trade deficit narrowed slightly in November, as exports rose more than imports, raising the chance that trade activity during the last three months of 2012 dragged on economic growth.
Oil production in the world's largest economy topped seven million barrels per day for the first time since March, 1993 and it is widely expected to jump by a quarter by 2014, the Energy Information Administration said Wednesday.
Volume of the he industrial output in the Europe's largest economy expanded less than expected in November, a sign that region's debt crisis left its mark on German economy.
Japanese finance minister Taro Aso said on Tuesday that Japan will buy bonds issued by the European Stability Mechanism and euro-area sovereigns in order to foster financial stability.
The overall unemployment rate in Switzerland edged higher last month, adding to concerns that the deepening Eurozone debt crisis weighed on the nation's economy.
The U.K. retail sales increased at a slower pace in December, due to the strong growth in online shopping, adding to fears that the economy contracted in the final quarter of last year.
Confidence among small-business owners in the world's largest economy rose more than initially was expected last month, as owners waited for a decision on fiscal policy.
The number of people out of work in the Eurozone's 17 countries that have the Euro in circulation hit a new high in November, a sign that region's crisis is far away from being resolved.
Consumer confidence in the Eurozone changed slightly in the month of December, when it increased to -26.5 from -26.9 in the month before, the European Commission reported on Tuesday. The Euro area consumer confidence historical average measured from 1985 until 2012 is -12.47, while the high from May 2000 is 2.70 and the low recorded in March 2009 is -34.20."We have not yet
Unemployment rate of Switzerland in 2012 was among the three lowest figures of the last ten year, when it reached 2.9% following 2.8% the year before, the State Secretariat for Economic Affairs has reported. Jobless rate for the last month of 2012 recorded 3.3% with 142,309 unemployed people compared to the Eurozone's equivalent of 11.8% in November."Despite a particularly demanding
Unemployment in the 17-nation bloc rose in line with economists expectations in November to the highest level since the data began to be released in 1995 amid unfavorable economic situation and tough fiscal measures, the European Union's statistical office in Luxembourg reported on Tuesday. The Eurozone jobless rate went up from 11.7% in October to 11.8% the following month."In the
The amount of cash Swiss commercial banks held with nation's central bank fell more than expected in the week to January 4, a sign that investors are getting more anxious over Eurozone's financial woes.
Home prices in the U.K. advanced for the second month in a row in December, although they are likely to remain broadly flat in 2013, according to Halifax.
Bank of America agreed to pay a $11.7 billion package, which was designed to settle claims resulting from mortgage-backed investments.