Joblessness is on the rise in the United States. US recorded the lowest four-week moving average level since mid-May and the second-lowest since the end of the recession in 2009 as the figure increased by 6,550 to reach 268,250. The rate of unemployment rose for the second consecutive week...

Technavio, the global research firm, has predicted that the US market for Li-ion batteries would grow at a CAGR of almost 37% from 2015-2019. The firm published this finding in research report on Thursday which said that the growth would primarily be driven by the growing demand for e-cigarettes....

Many oil companies are forced to cut their budgets rigidly in 2015 due to low oil prices. The rebound in April and May to $ 60 per barrel gave hope that the decline was temporary.Many oil companies are forced to cut their budgets rigidly in 2015 due to low oil prices. The rebound in April and May...

Ruling out accepting the bridge loan proposed by the European Commission in July, the Greek government made it clear that it would agree to nothing but to a complete bail out amount. This was declared by Nikos Filis, the parliamentary spokesperson for Greece's ruling Syriza party on Wednesday....

The temporary failure and loss met in the social impact bond space did not slacken the interests of the investors. Various firms at Wall Street are still looking for opportunities in this bond space. The United States’ “social impact bonds” that met with a failure in their first attempt still...

Prospects of a new era of low prices in crude oil was triggered off after crude prices fell below the level that it had held for most of the past decade. The cost of crude per barrel reached below $50 raising fears of an era of super cheap oil. The two crude oil price indicator benchmarks, North...

Wearable technology is no more a thing of the future. It is a reality that can take over our wardrobes in the very near future. If researchers are to be believed, one would soon be able to tweet one’s thoughts on to an LED-lit cocktail dress or receive a notification when one looses the...

Problems for the Chinese economy do not seem to be getting over. The second largest economy of the world recorded a two year low manufacturing index as was found out in a survey, made public on Monday. The survey suggests that the the Chinese economy is facing downward pressure in the third...

Amidst hushed talks between the Greek authorities and the menders, the Greece stock market plunged nearly 23 percent on Monday. The stock markets had opened after a five-week. the plunge was triggered by fears that the debt struck country would not be able to secure a third bail out of its debts...