Tag Archives: U.S.

Oil slips as investors speculate drop in global demand

Oil is trading lower for a third consecutive day on more concerns that the global economy will slowdown and reduce the demand for oil equivalents.

The U.S. and European economy has been a focal point for investors recently. Debt problems …

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Oil sinks on raised recession fears

The price of oil has dropped more than 2.5 percent during trading so far this Friday following a report released by the Labor Department that triggered more fears that the economy is heading towards another recession. The report showed that …

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Retailers August review: Saks, Nordstrom and J.C. Penney

Shoppers in the United States did not hold back from dipping into their pockets in August despite the ongoing threat of a slow down in the economy.

The past month has proved just how volatile the markets are and that …

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Is Europe Really Leading The Pack?

The big question on Wall Street lately is, “Are we headed for a double dip recession?”. Recently U.S. Stock prices and treasury yields have collapsed, yet there’s no solid evidence that this alone will cause a double dip recession.

Many …

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U.S. weakens except against Swiss franc and Canadian Dollar

The U.S. dollar dropped against most other major currencies on friday following the released of a batch of mixed economical report. A retail by the U.S. government on Friday gave a glimmer of hope to investors and economists that the …

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61 percent of Texas cotton in very poor condition as drought hits the state

Cotton crops have been hits with the worth drought in Texas in more than a hundred years, forcing farmers to shut up shop on more fields than ever before. Lucky for farmers they will likely break even on the year …

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