Economy

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US Stocks to See Choppy Road Ahead

US Stocks to See Choppy Road Ahead

There was indication that the trading among the US stocks would be a bit choppy on Monday in the wake of the global growth concerns which are keeping the investors at bay. Due to the current economic downfall globally, investors are pretty wary and are withholding themselves of outing money into the market.

High Court Rejects Government’s Proposal to Allow Tariff Cuts

High Court Rejects Government’s Proposal to Allow Tariff Cuts

It has been found through a recent report that the Government had suggested the Supreme Court to allow cuts on solar subsidies, an appeal which has now been turned down by the court.

Alcohol Firms Locking Horns with David Cameron

Alcohol Firms Locking Horns with David Cameron

It has been recently revealed in a report that alcohol producing firms have locked horns with David Cameron. This is one the matter of the assault on cheap alcohol that they say has been done by the Prime Minister.

IRS Move Claimed To Be Political

IRS Move Claimed To Be Political

As per the IRS report, it has been revealed that numbers of millionaires who have received tax audit have doubled this year in comparison to 2011. The IRS said that in 2010 and in 2011, overall 1% of taxpayers were audited, but the percentage has jumped to 12% in 2012 for millionaires, who earn between $1 million and $5 million.

Oil Prices Might Fall

Oil Prices Might Fall

It has been recently revealed in a report that the oil industry has planned to decrease the prices of gas. This means that there can be more oil production in the time to come, on a domestic basis. There shall be no extra taxes to be borne by the refineries and this is sure to help the price of oil to come down in the near future.

Starbucks Set to Jerk Users with New Energy Drinks

Starbucks Set to Jerk Users with New Energy Drinks

It seems like the Starbucks siren is all in readiness to lock horns with the Red Bull.

Euro Falls on Fragile Data, Aussie Dips

Euro Falls on Fragile Data, Aussie Dips

As per recent information, it has been revealed that on Thursday, the euro slammed down and it was highly susceptible to more and more loss following a fragile euro zone data which, as per the majority of market experts, resulted in adding worries regarding a deepening hold up in the area while below-forecast information out of China eventually dented the Australian dollar which had long been h

General Mills Witnesses Hike in Labor Cost

General Mills Witnesses Hike in Labor Cost

As per reports, it has been revealed that General Mills Inclusive is under pressure of rising cost and it has made them struggle to earn desired profits. The Minneapolis-based company which makes Cheerios cereal, Natural Valley granola bars and Hamburger Helper, said that like their peers, they are also struggling with increased costs, like labor price and increased ingredients cost.

Stock Market Witnesses Slow Business

Stock Market Witnesses Slow Business

It has been recently revealed that this week’s stock market is said to be one of the worst weeks for stocks in 2012. Last couple of months has been quite productive for the stock market, but recent incidents have completely turned the table.

MPS Emphasizing Over Low Bank Rate

MPS Emphasizing Over Low Bank Rate

It has been reported that the Monetary Policy Committee (MPC) is against the idea of increasing the Bank Rate. The MPC is pushing for a record-low level of Bank Rate. The members of the committee have voted for keeping the bank interest rates low at 0.5% level.

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