15 December 2011 Last updated at 15:37 GMT Average car prices rose in November US producer prices rose by more than expected in November, according to data from the US Labor Department. The prices firms pay for goods from factories rose 0.3%, against a 0.3% fall in October, and higher than a 0.2% rise that [...]
Tag: October
December 16, 2011
December 13, 2011
Report: Slower Growth for Major Economies
Experts at the Organization for Economic Cooperation and Development say growth is slowing for major economies around the world. An OECD report Monday analyzes data gathered in October that is intended to give a look at future economic growth. The OECD says Brazil, Russia, India, China, Europe, and the United States all will expand [...]
December 11, 2011
‘Arab Spring’ Migrants Trapped by Italy’s Economic Crisis
The flow of migrants from Libya to Europe has resumed following the overthrow of Moammar Gadhafi in October. Since the uprisings in Libya and Tunisia earlier this year, tens of thousands of migrants have departed across the Mediterranean for a new life. The reality of trying to build a new life in Europe is often [...]
December 10, 2011
US trade deficit narrows further
9 December 2011 Last updated at 14:49 GMT US imports have stagnated over the last six months The US trade deficit narrowed further in October as imports fell faster than exports, official data has shown. Total exports of $179bn (£115bn) fell 0.8% from September, while imports fell 1% to $223bn, giving a total deficit of [...]
December 9, 2011
December 8, 2011
Casey Anthony’s lawyers return to court in civil case
(CNN) — Attorneys for Casey Anthony and Zenaida Gonzalez, the woman who has filed a civil suit against her, return to court Thursday to argue whether Anthony should fully answer questions posed to her during her deposition in October. In that hearing, Anthony’s lawyers invoked her Fifth Amendment right against self-incrimination 60 times. Attorneys for [...]
December 4, 2011
Newt Gingrich leads in Iowa Republican primary race
A surge in support for Republican White House hopeful Newt Gingrich has made him the new frontrunner in Iowa, which holds the first of next year’s US primaries, according to a closely watched opinion poll. Gingrich, a former speaker of the US House of Representatives, has support from 25% of likely Republican primary voters, up [...]
December 4, 2011
Newt Gingrich leads in new Iowa presidential poll
A surge in support for Republican White House hopeful Newt Gingrich has made him the new front-runner in Iowa, which holds the first of next year’s US presidential nominating contests, according to a closely watched opinion poll. Gingrich, a former speaker of the US House of Representatives, has support from 25% of likely Republican caucus-goers, [...]
December 3, 2011
The ECB must act to stop a eurozone collapse | David Blanchflower
There was a bit of good news from the US this week to add to the jump in consumer confidence numbers announced by the Conference Board earlier in the week. The Bureau of Labor Statistics reported on Friday an increase in non-farm payrolls of 120,000, with the strongest growth in the retail sector. In addition, [...]
December 3, 2011
Herman Cain to make announcement
3 December 2011 Last updated at 02:13 GMT Herman Cain has been discussing his White House bid with his wife Gloria US Republican Herman Cain is expected to announce on Saturday whether his run for the White House will continue. The Georgia businessman has been under mounting pressure to quit following an adultery allegation, which [...]
December 3, 2011
Report: Connecticut utility company unprepared for storm
(CNN) — Connecticut’s primary utility company was largely unprepared for an October snowstorm that left more than a million residents in the dark, according to a new report. “The worst-case scenario in the company’s emergency response plan considered outages over 100,000 customers, or less than 10 percent of their total customer base,” noted the report, [...]
December 2, 2011
Herman Cain’s support plummets among Iowa Republicans
Support for embattled Republican candidate Herman Cain has gone into a nosedive in Iowa, one of the key early states, according to a poll in the Des Moines Register. The poll, published Friday, shows support among likely Republican caucus-goers has dropped from 23% in October to 8%. The first of a series of allegations that [...]
December 2, 2011
Unemployment in US falls to 8.6%
2 December 2011 Last updated at 14:43 GMT The unemployment rate had remained around 9% for several years The US unemployment rate dropped sharply to 8.6% in November, its lowest level in two-and-a-half years, from 9% the month before, official figures show. The US economy added 120,000 new jobs in November, the Department of Labor [...]
November 23, 2011
Seven members of Amish breakaway group arrested over haircut attacks
US authorities have raided the compound of a breakaway Amish religious group and arrested seven men on federal hate crime charges in haircutting attacks against Amish men and women. Cutting the hair is a highly offensive act to the traditional Amish, who believe the Bible instructs women to let their hair grow long and men [...]