Date archive forJanuary, 2017
By Viliyana Filipova On Friday, January 27th, 2017
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General Motors Set to Layoff 625 Employees Amid NAFTA Waves

Reports indicate that auto maker General Motors is set to layoff over 600 employees in an Ontario plant amid recent news regarding the NAFTA agreement. Experts say the reasoning for the layoffs can be pinned directly More...

By Viliyana Filipova On Wednesday, January 25th, 2017
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DOW Rises Above 20000 with President Trump Claiming Success

The Dow Jones average blasted past a record of 20,000 today with the index closing at a record 20,068. The Dow has risen almost 10 percent since the November elections. Surprising to most analysts and experts is More...

Draghi
By Viliyana Filipova On Tuesday, January 24th, 2017
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Eurozone inflation remains weak in the coming years

Inflation in the Eurozone will remain weak in the coming years, suggesting that the European Central Bank (ECB) is still far from reducing unprecedented quantitative easing program and measures to stimulate the More...

British retail sales
By Viliyana Filipova On Monday, January 23rd, 2017
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British retail sales fell in December

British retail sales fell in December at its fastest pace in almost five years, as consumers bought less of everything – from household goods to clothing and food. The volume of goods sold in physical stores More...

Chinese economy
By Viliyana Filipova On Monday, January 23rd, 2017
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Chinese economy reported weakest growth in 26 years

Chinese economy grew by 6.8% in Q4 2016, according to the report of the Beijing-based Institute of Statistics. For the entire 2016 the growth is 6.7%. Although the economy recorded the slowest growth since 1990, More...

inflation in USA
By Viliyana Filipova On Monday, January 23rd, 2017
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Annual inflation in USA accelerated in December

Annual inflation in USA accelerated in December to above 2% for the first time since mid-2014. The trend reflects rising gasoline prices and robust consumer demand. The consumer price index (CPI) rose by 0.3% in More...

US jobless claims
By Viliyana Filipova On Sunday, January 22nd, 2017
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US jobless claims fell to historically low level

The number US jobless claims fell last week, supported by the historically low level of cuts, suggesting that the labor market continues to tighten. The number of applications for unemployment benefits fell by 15,000 More...

By Viliyana Filipova On Thursday, January 19th, 2017
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Netflix Trumps Estimates with Millions of New Subscribers

Once considered on the decline, streaming service Netflix posted a whopping gain over estimates as expansion into other markets helped the company achieve tremendous subscribers over the latest period of reporting. More...

By Viliyana Filipova On Wednesday, January 18th, 2017
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Huge $1 Billion Investment by General Motors in USA

Huge automotive news this week as General Motors announced the investment of $1 billion in plants located in the United States. The news comes after President-Elect Donald Trump used Twitter to take a jab at the More...

By Viliyana Filipova On Tuesday, January 17th, 2017
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Tobacco Company Sold as British American Tobacco Buys Reynolds American

Another billion dollar deal has taken place in the marketplace with British American Tobacco (NYSEMKT:BTI) offering $49 billion for Reynolds American company (NYSE:RAI) on Tuesday. The brand manufacturer of popular More...

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