Economic growth in China looks to be retracting slowly, if the latest quarter results are anything to go by. Government measures to curb inflation and slow down the property market were introduced earlier in the year after the first quarter economic growth was recorded at 11.9 percent, the highest it has been for three years. [...]
Archive for the ‘Money’ Category
United States – June retail results have showed a small growth in sales but for most retailers it was lower than expected. Retail giants, Macy’s and Nordstrom posted better than expected results, which would appear to be the exception to the rule. Nordstrom had sales growth over the same time last year of 14.1% which [...]
The 2010 global growth forecast issued by the International Monetary Fund has been upgraded on the back of strong growth in Asia and resurgent US private demand. The growth for 2010 was increased from 4.2% to 4.6%. The IMF also issued a warning in regards to European markets, saying they posed some of the biggest [...]
Let’s face it; most kids don’t really appreciate the true value of money. They do however seem to love online virtual environments, with games like Farmville having millions of users. FamZoo is an online virtual tool that helps young people learn to manage their money. The site is the product of Bill Dwight, a 47-year-old [...]
In the heat of the U.S. economic bailout, consumers and taxpayers were concerned they had just written a check that couldn’t be repaid. However, as the U.S. economy slowly recovers, Treasury Secretary Timothy Geithner reports banks have repaid 75% of taxpayer’s money. This is optimistic and promising figure as the U.S. Government struggles to wrangle [...]