Business and Finance

This area provides up-to-date and interesting developments from the world of business, economics and finance.

A wealth of information is available on topics ranging from stock markets, consumer climate, labor market policies, bond markets, foreign trade and interest rate trends to stock exchange news and economic forecasts.

New study shows simplifying financial aid process improves college access for low-income students

The new study, conducted by Stanford University Associate Professor Eric Bettinger, Harvard Graduate School of Education Professor Bridget Terry Long, and…

Swine Flu Impacts Could Further Damage U.S. Economy

“Tourism and travel are vitally important sectors in the economy of many U.S. cities and communities,” Bryce Sutton, Ph.D. “Depending upon the severity of the…

Crises lead banks to operate more opportunistically

During the 1990s financial crisis, Swedish banks were criticised in the media for causing unnecessary corporate bankruptcies through, for example, increased…

Shifts in consumer spending and saving will usher in a new economic era

“In the coming years, U.S. consumers will save more and spend less,” said Curtin, director of the Reuters/University of Michigan Surveys of Consumers. “The…

CEO's Home Mortgage Explains Firm's Use of Debt

A new study finds that corporations with higher levels of debt tend to have CEOs who also owe more on their own homes.Firms whose CEOs have home mortgages have…

Fuel Economy Higher, Thanks to Cash for Clunkers

Thanks to the federal program, the average fuel economy of all new vehicles purchased in the United States in July and August improved about 3 percent,…

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