A survey by finance professionals has revealed that the global economic recovery has slowed down again in early 2012, adding that there are fears that governments, which are already living beyond their means, may struggle to get it back on track through extra public spending. A Global Economic Conditions Survey […]
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Investors cautious as central bank meetings loom
United States stocks were mixed on Tuesday while European shares snapped a three-day winning streak and oil slipped on fear central banks may not deliver enough stimulus to quell concerns about a global slowdown, Reuters reported. Equities and oil had been climbing steadily since European Central Bank President Mario Draghi […]
Rising home prices show traction in housing recovery
Home prices rose for the fourth month in a row in May, suggesting the recovery in the housing market continued to gain traction, even as the broader economy wobbles, Reuters reported. Other data on Tuesday showed consumer confidence unexpectedly rose in July but spending fell in June for the first […]
