Category: Economy
Voters in Switzerland Reject Campaign to Change Banking System

Voters in Switzerland Reject Campaign to Change Banking System

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A radical transformation plan of the financial system in Switzerland that would bar commercial banks from creating money electronically when lending was rejected resoundingly by ...

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U.S. Adds Largest Number of New Jobs in Last 18 Months

U.S. Adds Largest Number of New Jobs in Last 18 Months

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Job growth in the U.S. experienced its largest increase in over 18 months, but a wage gain slowdown pointed toward a potential inflation increase during this year. Nonfarm ...

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President Trump Imposing Sweeping Tariffs on Aluminum and Steel

President Trump Imposing Sweeping Tariffs on Aluminum and Steel

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On Thursday, President Donald Trump announced that he would impose sweeping tariffs on imported aluminum and steel, making good on one of his promises made during his presidential ...

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South Korea President Expresses Discontent Over GM Factory Closure

South Korea President Expresses Discontent Over GM Factory Closure

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South Korean President Moon Jae-in announced on Monday that the decision by General Motors Co to shutter its plant located south of Seoul is going to hurt the area, and called on ...

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How Satya Nadella Has Transformed Microsoft

How Satya Nadella Has Transformed Microsoft

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Three years after he became the chief executive officer of Microsoft Satya Nadella has led a transformation of the Seattle, Washington-based software giant. Prior to taking over ...

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Global Economy Poised For Growth As Environment Improves

Global Economy Poised For Growth As Environment Improves

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According to the World Bank, the global economy is set for faster growth in 2017 and 2018 and this will largely be as a result of an increase in global trade and steadier ...

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Price Of Crude Oil Dips On Supply Glut Concerns

Price Of Crude Oil Dips On Supply Glut Concerns

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The price of crude oil fell following the release of an industry report which showed that the decrease in inventory in the United States was lower than had been anticipated. The ...

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Jobs Report Shows Mixed Results, but Things Are Getting Better

Jobs Report Shows Mixed Results, but Things Are Getting Better

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According to a report released this week, the unemployment rate in the United States fell to 4.5 percent from 4.7 percent, in February. More importantly, the broadest measure of ...

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