Standard and Times

Poor retails sales will slow US economic recovery

Retail spending has decreased for a second consecutive month which will mean the unemployment rate will remain high, which in turn will harm economic growth. Officials from the Federal Reserve acknowledged the situation and said that they were taking steps to ensure that the US economy would continue to recover in the future. Americans are likely to continue spending more cautiously at a time when consumer spending is vital to economic growth, especially as it accounts for over two thirds More

The main disadvantages of using a credit card

This article discusses the problems some credit card holders face when they are buying items and services. Not saying that everybody who uses credit cards will incur debt problems, because if you are responsible a credit card is a good thing that will benefit your credit rating. However, there are a few things to consider before getting another line of credit.

One of the major disadvantages of credit cards is that their interest rates are often very high. They More

Regulating Our Finance

Recently the world experienced one of the hardest financial complications in the modern money history. The world economic crysis left thousands of unemployed people, marked countries with decreased production and exportation rates, decreased the value of stocks and led a significant decrease in the standard of living. To avoid such complications and to stay untouched by the economic crysis in future, people and small business owners should succeed in maintainig stable financial strategies and complete certain financial goals.

In order More

Falkland Oil & Gas experiences major losses after being forced to abandon dry well

Shares in FOG (Falkland Oil & Gas companies) have plummeted to less than half their original value after the company was forced to plug a well that they had found contained no oil. Shares initially rose to a high of 244 pence in June as it was hoped that the oil explorer had revealed a new oil field. Shares recently fell to a low of 101.5 pence on Monday, which is an enormous setback for FOG, who had estimated More