Author: InvestAdvocate

Survey: Economic growth will be tepid through 2011

By CANDICE CHOI, AP Business Writer  NEW YORK – The pace of the U.S. economic recovery will remain steady but slow in the face of persistently high unemployment and heavy debt burdens, according to a new survey.   The National Association for Business Economics survey, set to be released Monday, found economists now expect growth of […]

Fuel scarcity looms as tanker drivers threaten strike

By Ifeanyi Onuba, Abuja Monday, 22 Nov 2010 The Petroleum Tanker Drivers’ branch of the National Union of Petroleum Natural Gas Workers has issued a seven-day ultimatum to the Federal Government. It is demanding a N50m compensation for the family of one of its members (Mohammed Saidu) who was reportedly shot […]

Economists worried about U.S. inflation: survey

Mon Nov 22, 2010 WASHINGTON (Reuters) – Steps by the Federal Reserve to pump more money into the U.S. economy through government bond purchases could stoke inflation, even though growth will remain moderate through 2011, a survey showed on Monday.   The National Association for Business Economics (NABE) said its 51-member forecasting panel continued to […]