Economic News

  • Help Wanted: First-time home buyers

    It was a presidential priority as 2015 kicked off, and today lower mortgage insurance premiums from the Federal Housing Administration go into effect. The lowered rate for premiums is part of the plan President Obama introduced in early January to jump-start first-time home buying.

    Yahoo Finance
  • Eye luminosity, the new visible sign of youth.

    Lancôme introduces its 1st eye-illuminating serum, engineered with a unique rotating ...

  • America beats every place else, CEOs say

    Seventeen percent of CEOs believe that global economic growth will decline in 2015, according to PricewaterhouseCoopers’ 18th Annual Global CEO Survey. The survey also found that 38% of CEOs consider the U.S. among their top-three overseas growth markets.

    Yahoo Finance
  • Obama channels inner Robin Hood as rich get richer

    New Oxfam report says the richest 1% will control half of global wealth next year. President Obama expected to unveil tax reform measures at tonight's State of The Union to help "everyone" feel a part of the American comeback.

    Yahoo Finance
  • Oil prices to rebound: IEA

    The International Energy Agency says oil production will slow this year as lower costs curb production.

    Yahoo Finance
  • Oil's "race to the bottom" shows OPEC's irrelevance: Ian Bremmer

    In early January 2014, a little more than one year ago, Ian Bremmer, President of the Eurasia group stopped by Yahoo Finance with a prediction that oil would "crater" in 2014 and OPEC could "fall apart." He was right.

    Yahoo Finance
  • U.S. manufacturing comeback: Nice story...if only it were true

    The U.S. has added some 520,000 manufacturing jobs over the past three years. That’s led many analysts to declare an American manufacturing renaissance. But according to a new report from the Information Technology and Innovation Foundation, that's not really the case. Information Technology and…

    Yahoo Finance
  • Blodget: Now's the time to raise the gas tax

    As the president works to shore up support for his free college plan, Senate Republicans are talking about raising the federal gas tax for the first time since 1993.

    Yahoo Finance
  • Why women trade differently than men: Nicole Sherrod

    TD Ameritrade Managing Director, Nicole Sherrod analyzes the trading trends of women from TD’s more than six million individual accounts.

    Yahoo Finance
  • How Meteorologists Botched The Blizzard Of 2015

    Roads and trains were shut down across the New York area Monday night and into Tuesday, and for what? It snowed in New York, but only 9.8 inches fell in Central Park after predictions of a foot and a half or more. What went wrong? Forecasters, including yours truly, decided to go all-in on one

  • Oil prices down ahead of Fed meet outcome, supply report

    Oil prices fell in Asia Wednesday as dealers await the outcome of a US Federal Reserve meeting and the release of a US supply report expected to show a surge in crude stockpiles, analysts said. US benchmark West Texas Intermediate for March delivery fell 70 cents to $45.53 while Brent for March…

  • Australian IT sector sees skills glut

    New research by the Australian Department of Employment has shown that the domestic information technology market is a long way from experiencing a skills shortage, with an average of almost 50 applicants per advertised job in the sector.

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  • Renminbi joins top five most-used currencies

    China's renminbi has clocked up another milestone on its march towards internationalisation after breaking into the top five most-used global payment currencies. According to data from Swift, the international ...

    Financial Times
  • MYOB moves upmarket with cloud-based ERP

    MYOB Advanced, a new cloud-based ERP suite, is based on technology developed by US company Acumatica, which MYOB invested in last year.

  • Fed patience to be tested, or not?

    When the Federal Reserve breaks from its two-day meeting Wednesday, Wall Street will want to know whether it can keep its promise of "patience" as it relates to the start and magnitude of interest ...

  • Elderly Auschwitz survivors urge world never to forget

    For what may be the last time, elderly Holocaust survivors returned to the infamous Auschwitz-Birkenau death camp 70 years after its liberation, to urge the world never to forget one of history's worst atrocities. Around 300 survivors, some wearing scarves in the blue-and-white stripes of their…

  • Asian stocks tumble after weak US corporate earnings

    BEIJING (AP) — Asian stock markets were mostly lower Wednesday after Wall Street tumbled on concern about weak corporate earnings as investors watched this week's meeting of the U.S. Federal Reserve.

    Associated Press
  • Murray urges Aussies to give Kyrgios time

    Andy Murray has urged Australians to allow their rising teen star Nick Kyrgios time to grow up and not be so condemning of his on-court excesses after a headline-grabbing Australian Open campaign. The mercurial 19-year-old showcased his exceptional talent by reaching a second Grand Slam…