Lastest Stories by Trey Thoelcke

Greece’s official government data firm Elstat reported that the nation’s economy contracted at a rate of 6.3% per annum based on second-quarter figures. The numbers were a revision...
Ford Motor Co. (NYSE: F) said today that strong demand for the Ford Focus helped drive sales in China in August higher. Ford and its joint ventures in China sold 48,631 vehicles in the People’s...
The Organisation for Economic Co-operation and Development reports that the recession in Europe has begun to become an irresistible drag on the economy throughout much of the balance of the...
The total number of people who play video games in the United States fell from 2011 to 2012. This represents another challenge to major console manufacturers, particularly Microsoft Corp. (NASDAQ:...
Bloomberg points out the shipping prices show that the Christmas season should be good for retailers in the United States but bad for those in Europe. The shipping lanes of the Pacific and Indian...
Dollar General (NYSE: DG) this morning reported fiscal second-quarter earnings of $0.64 per share on $3.95 billion in revenue. The results compare to $0.42 per share and $3.58 billion in the same...
Research firm Markit put out its final PMI data for August. Among the eurozone nations, the figures were worse than flash data given earlier. Both the preliminary and final data show a picture of...
The United States has slipped down the rankings of the World Economic Forum’s “The Global Competitiveness Report 2012-2013” from fifth place last year to seventh. Political deadlock and...
The Guardian reports that the next bailout of Greece may require residents to work six days a week. That is unlikely to go down well with Greeks and likely will cause more unrest and riots. Those...
The crisis in the eurozone, the sluggish economy in the United States and the slowing expansion in China have taken a toll on the confidence of CEOs in the Asia-Pacific region. Results of survey by...
Organization for Economic Co-operation and DevelopmentData released today by the Organization for Economic Cooperation and Development (OECD) showed that the annual rate of inflation across developed...
The guessing about the August jobs numbers will be amplified as Friday’s announcement approaches. Some analysts believe that the figures will prove that the U.S. rate of GDP growth has moved to...
There is still plenty of negative news out of Europe. Recent data about the PMI of most nations showed their economies continue to slow or even contract. And unemployment in the eurozone has...
ECB President Mario Draghi has not backed away from his assertion that the bank can buy the short-term paper of Europe’s weakest nations. Some of his allies were worried that the resignation...
The Commerce Department reported today that orders businesses placed to U.S. factories rose 2.8% in July after falling in the previous month. Economists polled by MarketWatch had expected a 2% rise....