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  CNBC April 24, 2013 Reuters   Orders for long-lasting U.S. manufactured goods recorded their biggest drop in seven months in March and a gauge of planned business spending rose modestly, adding to signs of a slowdown in factory activity. Durable goods orders slumped 5.7 percent as demand fell almost across the board, the Commerce … Continue reading →

  Market Watch April 23, 2013 By William L. Watts   Even mighty Germany, the euro zone’s biggest economy and primary growth engine, sputtered in April, according to a preliminary purchasing managers’ index reading, amplifying fears the region will continue to struggle to overcome a devastating recession that economists had previously hoped would come to … Continue reading →

  CNBC Financial Times April 22, 2013 By: Robin Harding   The U.S. economy will officially become 3 percent bigger in July as part of a shake-up that will for the first time see government statistics take into account 21st century components such as film royalties and spending on research and development. Billions of dollars … Continue reading →

  BBC April 19, 2013   The Fitch credit ratings agency has downgraded the UK to AA+ owing to a weakened economic outlook. The move, after Moody’s downgrade in February, came as Chancellor George Osborne defended the government’s austerity plan. Fitch said its downgrade primarily reflected a weaker economic and fiscal outlook. Mr Osborne has … Continue reading →

  Reuters April 25, 2013 By Ingrid Melander   PARIS, April 25 (Reuters) – More people were out of job in France in March than at any other time in the past, data on Thursday showed, a bleak record that cast new doubt on government promises to reverse the unemployment trend by year-end. The new … Continue reading →