Category: Finance

Jobless claims surge to 2-month high

Jobless claims surge to 2-month high

The number of Americans filing first-time claims for unemployment insurance surged to a 2-month high last week, the government said Thursday. There were 482,000 initial job claims filed in the week ended Jan. 16, up...

World Bank Sees Economy Slowing

World Bank Sees Economy Slowing

The global economic crisis is largely over and a modest recovery is under way but it could quickly lose steam as governments pull back some of the extraordinary liquidity they pumped into markets, the World...

China Growth Quickens

China Growth Quickens

China easily beat its 2009 growth target after ablistering performance in the fourth quarter that forms a powerful springboard for it to jump over Japan this year to become the world’s second-largest economy. Gross domestic...