Recently a report suggested that the reduction of the 17-nation euro zone economy is hastening. Following this, on Thursday, despite of rumors about Spain's bailout plans, the country sold out its entire debt in an auction that met with strong investor demand.

Last year, the pooled net worth of the 400 richest Americans was $1.5 trillion which this year has increased to $1.7 trillion. At the same time, the average net worth of a Forbes 400 member which last year was $3.8 billion has gone up to $4.2 billion.

According to the minutes of the meeting of Monetary Policy Committee, it has been revealed that it will take some time before the inflation rate set for the year drops to its target 2%. It is said to be due to the rise in process of commodity as well as due to the generous rise in the labor costs of the company.

A senior trading executive, newly recruited CFO, Goldman is to receive an amount of $1.85 million in salary on an annual basis, Goldman Sachs Group Inc. has announced, as per a recent report.

In the wake of concerns about anti-Japanese protests as well as issues in regard to Beijing's behavior about its policies, it was found that Chinese and Japanese stocks saw a downfall. Except China and Japan, it was found that rest of the Asian stocks did a pretty well good job.

It has been revealed that European Central Bank has been making all the possible efforts to make sure that they are able to help all the economies, which are stuck under economic crisis. However, it seems that debt ridden countries are not in haste to free their economy from tension.

On the basis of speculation that there will be a surge in the demand of fuel due to the improvements taking place in the US economy, oil prices have rose to its highest of last four months.

It seems that Federals have used all the possible efforts by which they can bring down unemployment percentage. This might be the reason that the Federal Reserve has announced about its quantitative easing also known with the name of QE3.

It seems that it is due to the strong action being taken by the Federals to boost the country’s economy that U. S. stocks have closed at nearly five year high. After coming across the news, the Federals have made it clear that they will keep on making efforts to bring a decline in unemployment.

A rise in energy costs was reflected at the time when wholesale market in the US saw a rise in process. It is said that the market has seen maximum rise in more three years now. As per the information being retrieved from the Labor Department, it has been revealed that a jump of 1.7% was seen on the producer price index.