U.S. consumer confidence reaches highest since global financial crisis on labor market optimism

Nov 30, 2016 06:14 am UTC| Commentary Economy

Consumer confidence in the United States peaked to its highest level since the global financial crisis in 2007-2008, eyeing optimism in the countrys labor market, which is nearing full employment amid asolid rise in the...

U.S. business spending remains mixed in Q3, signals a favorable growth profile

Nov 30, 2016 05:34 am UTC| Commentary Economy

Business spending in the United States remained mixed during the third quarter of this year, while corporate profits returned to positive growth during the period, indicating a favorable growth profile of the economy, at...

U.S. Q3 economic growth registers best performance in 2 years, cements case for Dec Fed rate hike

Nov 30, 2016 05:14 am UTC| Commentary Economy

Economic growth in the United States registered its best performance in two years, during the third quarter of 2016, further cementing hopes for a Fed fund rate hike in the December 13-14 monetary policy meeting. A strong...

Blockchain Revolution Series

Chart of the Day: Breaking crisis ceiling

Nov 29, 2016 18:10 pm UTC| Commentary Economy

This chart shared by zerohedge.com shows the crisis ceiling is finally cleared as the home prices soared above the peak made on July 2016. The average home price for September was 0.1 percentabove the July 2006 peak in...

India's golden quest to tackle 'black money' and the lessons from a century ago

Nov 29, 2016 17:19 pm UTC| Insights & Views Law Economy

The Indian government has been trying to reduce its citizens demand for imported gold through a number of means over the last few years. This is part of a wider crack down on currency used in the black market, that...

What China's 'export machine' can teach Trump about globalization

Nov 29, 2016 16:42 pm UTC| Insights & Views Economy

Chinese goods seem to be everywhere these days. Consider this: At the Olympics in Rio this summer, Chinese companies supplied the mascot dolls, much of the sports equipment, the security surveillance system and the...

South Africa has a new energy plan. But will it break the bank?

Nov 29, 2016 16:27 pm UTC| Insights & Views Economy

The release of South Africas long awaited update to the Integrated Resource Plan is certain to inspire renewed debate about the countrys energy future. Once public consultation has taken place the plan will drive policy...