Commodities have been on a tear for years as investors bet on permanent growth of developing economies and dwindling supplies. A global recession could change the picture, at least temporarily.
The past several years have seen a growing backlash…
Factories stall worldwide, U.S. jobless claims rise
Reuters – 5 minutes ago
..By Ross Finley and Emily Kaiser
LONDON/SINGAPORE (Reuters) – Manufacturing activity is contracting across Europe and most of Asia, data showed on Thursday, and a Chinese o…
All major economies headed for slowdowns: OECD
Reuters – 2 hours 40 minutes ago
PARIS (Reuters) – None of the world’s major economies will escape a slowdown, the Organization for Economic Co-operation and Development said on Monday, highlighting in…
Bigger things to fret about than Bernanke-bred inflation
Inflation isn’t the most critical issue raised by the Fed’s actions over the past two-and-a-half years.
Jon Talton
Special to The Seattle Times
J. SCOTT APPLEWHITE / THE ASSOCIATED PRESS
A Hou…
Talk about “an inconvenient truth”……
NEW YORK (CNNMoney.com) — Worldwide oil demand hit its highest level ever on the back of explosive growth in the developing world, according to preliminary figures in a recent report.
But the world’s thirst…
