Europe Interest Rate Hike: Will the Fed Be Forced to Follow?

Central banker see. Central Banker do? We will see.

On Thursday, the European Central Bank for the first time in nearly three years raised interest rates. Even though the rate is only going from 1% to 1.25%, it’s a significant move because the ECB becomes the first central bank among so-called wealthy nations to raise interest rates …

Sales Up: American Consumer Recovery Back on Track

Costco. Victoria’s Secret. Wet Seal. Saks. Kohl’s. That’s as varied a group of stores you can get. Yet, all four giant retail chains reported that in March their sales were better than expected. Some of the chains’ sales were far better than expected.

For example, analysts had expected sales at Costco’s outlets open at least a year …

Bottled Water for Half Price—With No Bottle

Here comes a new kind of vending operation that promises to be the “ATM machine of water.” Using a BYO reusable bottle policy, the machines dispense purified water without the plastic bottle, and at a fraction of the price consumers now pay at a typical vending machine.

Another PIIG to slaughter: What’s next for Europe?

It came as no surprise to anyone following the ongoing euro zone debt crisis that Portugal on Wednesday finally asked the European Union for a bailout. Pressure on the country’s beleaguered leadership had been intensifying for weeks, as it became harder and harder for the cash-strapped government to raise money on international markets …

  1. 1
  2. ...
  3. 583
  4. 584
  5. 585
  6. ...
  7. 1014