Polar Vortex could heat up sales
The extreme artic weather that has broken record low temperatures throughout the U.S has closed schools, businesses, roads, and ruined many a holiday by cancelling hundreds of flights. If …
Author: Shoaib Aslam
Foreign banks held to same strict standards as U.S under financial reforms
The U.S Federal Reserve has approved plans to impose the same strict banking regulations on British banks operating in America as domestic banks. The Obama administration has been reforming …
U.S debt limit increased by Senate
Senate has passed a bill to raise the U.S debt limit for another year after a majority vote of 55-43. The bill narrowly cleared the House of Representatives and …
To Texas, and beyond!
Texas is the fastest growing large state in America, with 106,000 people moving to the state in 2012 alone. The state’s main cities, Austin, Dallas and Houston, all fall …
New York regulator joins global forex investigation
A foreign exchange investigation into some of the largest U.S banks has been bolstered by the addition of New York’s Department of Financial Services (DFS). The New York financial …
U.S economic growth at 3.2%
The U.S Commerce Department has stated that in the final quarter of 2013, the national economy grew at an annual rate of 3.2%.This year the country is forecast to …
U.S Federal Reserve taper affects Asian markets
The U.S Federal Reserve has reduced its monthly bond purchases by $10bn again this month, bringing the economic stimulus down to $65bn. The overnight interest rate remains unchanged from …
Obama announces action on economic inequality in State of the Union address
In his annual State of the Union address U.S President Barack Obama announced that he would address the nation’s economic inequality by sidestepping Congress if need be. Obama promised …
EU suspends U.S investment talks
Last year trade negotiations began between the EU and U.S over a new cross Atlantic free trade deal. Entitled the EU-US Transatlantic Trade and Investment Partnership (TTIP), the deal …
IMF revise global growth forecast
At a press conference in Nairobi, Christine Lagarde, Managing Director of the IMF announced that the International Monetary Fund will be raising its global growth forecast. Last October the …