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The U.S. trade deficit eased in May to its lowest level in almost a decade as exports jumped 1.6 percent while the recession continued to dampen the American appetite for imports.
Oil prices ended below US$60 per barrel on Friday, marking its biggest weekly fall in six months amid nagging worries that a sluggish global economy will check energy demand even as a stronger dollar reduced demand for commodities.
10 July 2009 We can all take some comfort in the fact the wealthy are not suffering too greatly during this global downturn. Nobody, surely, wants to see the haves going without the finer things in life - I mean, what is an evening out with a good dollop of caviar?
Report: Qatar's growth remarkable
Yesterday's top 30 rating items on Scoop were...
Saudi stocks come under selling pressure
July 11 (Bloomberg) -- The yen rallied the most against the euro since May and the dollar advanced as speculation the global recovery will be slow encouraged demand for a refuge.
Market Matters... "New and Improved"...the message of the week. General Motors emerged from Chapter 11 bankruptcy protection after just over a month, eager to start anew as a "new and improved" automaker. The Commodity Futures Trading Commission (CFTC) set its sights on "new and improved" trading regulations to limit excessive speculation within the energy and other commodities markets. Some ...
Indexes down for 4th straight week
Obesity and inactivity cost Bay Area counties hundreds of millions, even billions of dollars a year, according to a new study from a Davis-based public health non-profit.
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