U.S. lawmakers reach budget agreement

Source: RTT News
U.S. lawmakers reached the bipartisan budget agreement, as the current deadline for budget deal is December 13. It is expected that the new deal will finance the government until 2016. The Congress should vote on the deal soon. It includes a $23 billion decline in the deficit, mainly due to spending decrease. Alongside, the government will invest more in education and infrastructure.
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Wed, 11 Dec 2013 15:44:04 GMT

Home Depot earnings to rise slower in 2014

Home Depot Inc., the biggest retailer for home improvement and construction products, announced that its revenue in the next few years will grow on the weaker pace, adding only 5% till January 2015. At the same time, company's management expects the EPS to surge 17% to $4.35. Today, Home Depot Inc. shares are jumping 0.89% to $79.31 per share by

Wed, 11 Dec 2013 15:22:05 GMT

New loans in China rise more than predicted

The total amount of new loans in China in the national currency, yuan, reached 624.6 billion in November of this year, while economists forecasted the total sum to be around 580 billion yuan. Aggregate financing totaled 1.23 trillion yuan, while the M2 money supply surged 14.2 on the annual basis. Analysts say that increasing number of new loans in China

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