T. Sil

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New Home Sales Fell Sharply in January

New U.S. single-family home sales tumbled in January from a 10-month high as sales in the West region plunged, but the overall housing market recovery remains intact.<p>The Commerce Department said on Wednesday sales dropped 9.2 percent to a seasonally adjusted annual rate of 494,000 units, almost …

Housing

Small middle-income countries in Africa need to rethink their growth strategy

Successes and challengesThe small middle-income countries (SMICs) in Africa represent a successful group that has experienced solid economic growth …

Economic Development

These 3 Stocks Beat the Last Recession -- and They Should Beat the Next One, Too

The steep drop in key global indices at the start of this year brought back haunting memories of the financial crisis and Great Recession. In the …

Why Britain won't vote to leave the EU

An exit from the European Union would mean huge economic costs for Britain and no political benefits whatsoever<p>Among the multiple existential challenges facing the European Union this year – refugees, populist politics, German-inspired austerity, government bankruptcy in Greece and perhaps Portugal …

Here's How China Is Trying To Dodge Its Own Great Recession

The multi-trillion dollar question, literally, for investors these days is, “How poorly is the Chinese economy performing?”<p>The globe’s second largest …

Five Trends That Will Shape the Future of the U.S. Economy

The White House released its annual Economic Report of the President on Monday, which summarizes the state of the economy and also provides insight to what’s on the mind of the president’s top economic advisers. The 400-page report offers a compendium of analysis and tables on a range of topics. …

U.S. Economy

The most reliable indicator of recession says the US economy is doing just fine

The difference in yield between long-term and short-term bonds has presaged every US recession in the past 50 years and is considered one of the best indicators of where the economy is heading.<p>There's been some worry that as the yield curve has been flattening— that is, as short-term bond yields …

Markets

The war between the FBI and Apple just heated up again

The public battle between Apple and the<p>FBIover a court order requiring the tech giant to unlock the San Bernardino gunman’siPhone continued to heat up Monday.<p>Tim Cook sent a letter to Apple employees saying: "The case is about much more than a single phone or a single investigation. At stake is the …

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