Latest Macroeconomics Stories

LONDON, April 16, 2013 /PRNewswire/ -- WOCU Limited, a private company based in London, sees the WOCU(R), a universal and relatively stable composite World currency unit, as the ideal global monetary bridge between the real and virtual worlds. Online virtual currencies are proprietary, near-impossible to convert into real currencies and can be both impenetrable and highly volatile. The WOCU provides a solution to these issues. The WOCU is an independent,...

Kathy Bostjancic, Director of Macroeconomic Analysis, The Conference Board NEW YORK, April 12, 2013 /PRNewswire/ -- The following is a comment on the U.S. Bureau of Census Retail Sales Report from Kathy Bostjancic, Director of Macroeconomic Analysis, The Conference Board: With a decline of 0.4 percent in March, consumers are pulling back after a winter surge powered by the strong release of pent-up demand. To finance the winter spending spree, consumers temporarily interrupted...

TORONTO, April 11, 2013 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on April 17, 2013. The Council further called for the Bank to hold the target at 1.00 through to April of 2014. The MPC is a panel sponsored by the C.D. Howe Institute to provide an...

TheStreet and RateWatch Report Top CD Rate Issuers NEW YORK, April 2, 2013 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that National averages for 3-year CD rates ticked slightly lower to 0.52% from the prior week's 0.53%, but have generally remained unchanged at record-low levels. The Federal Reserve has continued to keep the short-term federal funds rate at a range of zero to 0.25% since late 2008....

ATLANTA, March 28, 2013 /PRNewswire/ -- Universal VAT Services (UVS), a global leader in value added tax reclaim services, announces their partnership with Concur (NASDAQ: CNQR), the leading provider of integrated travel and expense management solutions. Through the partnership, the 'UVS VAT CONNECT' solution will allow Concur customers to integrate value added tax (VAT) reporting data within the expense reporting process to uncover lucrative VAT refunds they are eligible to receive....

? Chemical Activity Barometer (CAB) up nearly 3 percent year over year - WASHINGTON, March 26, 2013 /PRNewswire-USNewswire/ -- The American Chemistry Council's (ACC) monthly Chemical Activity Barometer (CAB) released today continued to show a slowly expanding U.S. economy, increasing 0.4 percent over February on a three month moving average (3MMA) basis. The year over year 3MMA showed a 2.9 percent gain over March 2012. CAB readings for November through February were each revised...

Hyperinflation in the U.S.? Future Money Trends Newsletter Makes the Case in New Documentary LOS ANGELES, March 22, 2013 /PRNewswire-iReach/ -- FutureMoneyTrends.com is pleased to release our new documentary that compares the United States to previous empires, specifically the Weimar Republic. Use this link to watch the micro-documentary today. http://www.futuremoneytrends.com/index.php/videos/documentaries/426-fall-of-the-fourth-reich-empire-of-debt-micro-doc The number of...

Reece Freeman, of ChooseWhat.com, introduces why a "Living Wage" makes more sense than "Minimum Wage" for small businesses after President Obama's call to raise the minimum wage to $9 an hour. Austin, TX (PRWEB) March 19, 2013 At this year’s State of the Union address, President Obama laid out a series of plans for the first year of his second term. One of the most controversial ideas introduced was the plan to raise the minimum wage from $7.25 to $9.00 per hour...

LOS ANGELES, March 14, 2013 /PRNewswire/ -- The last increase in the federal minimum wage was in July 2009, raising the rate to a meager $7.25 per hour. Over three years have passed -- nothing has changed. But would a $1.75 increase really impact the national economy in a negative way, as feared? In an exclusive interview with loans.org, Steven Raz, co-founder and managing partner of Cornerstone Search Group, said that an increase could be the final straw in a long list of hits...

Comment on U.S. Bureau of Census Retail Sales Report: Kathy Bostjancic, Director of Macroeconomic Analysis, The Conference Board NEW YORK, March 13, 2013 /PRNewswire/ -- With a gain of 1.1 percent in February, consumer spending remains relatively robust. Job growth has been strong, income growth has picked up a little, as has consumer sentiment. Additionally, households' net worth continues to recover, powered by the strong equity market gains and rise in home prices. And the...