Date archive forMay, 2015
By Michael Burns On Sunday, May 31st, 2015

CBI Surveys Show The UK’s Economy Is Growing Better Than Expected

Following a tough first quarter the CBI’s recent surveys show better than expected growth. The UK’s economy is growing at its fastest speed in over a year, says the Confederation of British Industry More...

Oil Rig
By Joseph Holloway On Saturday, May 30th, 2015

Crude Oil See’s Biggest Gains In Two Months

Oil prices gained as much as 4.8 percent on Friday. Crude oil prices rose by almost 5 percent on Friday, their largest gain in nearly two months as a steady dollar and lower count of US oil rigs being operated spiked More...

By Michael Burns On Saturday, May 30th, 2015

Switzerland’s Economy Pressured By Strong Franc

The countries move to uncap the franc has caused international exports to decrease. Switzerland’s economy shrunk more than economists expected in the first quarter as foreign demand for the country’s pharmaceuticals More...

Most Valuable Global Brands 2015
By Sylvia Delisle On Wednesday, May 27th, 2015

Apple, Alibaba, Microsoft, And Discount Retailers See The Biggest Brand Value Increase

The Global Top 100 brand values have increased this year by 14 percent to $3.3 trillion. In the tenth annual BrandZ most valuable global brands Apple has reclaimed its title of the world’s most valuable brand, More...

IRS Building
By Sylvia Delisle On Wednesday, May 27th, 2015

100,000 U.S. Tax Payers Information Stolen Through IRS Cyber Attack

The IRS’ online “Get Transcript” service was misused to access taxpayers information. Nearly 100,000 U.S. taxpayers’ data from tax returns was subjected to unauthorized access by cyber thieves More...

Stanley Fischer
By Michael Burns On Tuesday, May 26th, 2015

Fed Rate Hike Could Cause Global Market Volatility

Stanley Fischer has said economic observers should focus on the long term basis of interest rates and not when the increase will be imposed. When the Federal Reserve raises U.S. interest rates, it should consider More...