Post Thumbnail of Walmart experiences 10% profit in international market
19 May 2010 Business

While Walmart’s sales in US declined, in the international market, Walmart enjoyed a 10% growth. Walmart’s experienced a 10% increase in its first-quarter profit due to increase in sales in countries such as Mexico and China.
Walmart recently experience a 1.4 percent drop in sales in US market. However, to counter …

Post Thumbnail of U.S. Mortgage Rates Heading Towards All-Time Lows
20 November 2009 Uncategorized

Mortgage rates fell all across the board this week with as the housing continues to rebound. The thirty year fixed averaged 4.83% with .07 points, its lowest level in six weeks. The average on the 30-year fixed was 4.98% three weeks ago and 6.04% at this time last year. …

Post Thumbnail of Chinese Loans - Pathway to another Recession?
16 November 2009 Featured, News

With the whole world yet stuck in recession, China is probably the only one that is unaffected by this global trauma. With the growth rate of 8.9% in the last quarter, china’s economy is booming and is expected to improve more during the rest of the year. As stated by …

Post Thumbnail of Europe out of Recession
16 November 2009 Featured, News

The European economy is improving and seems to have come out of recession. This conclusion is based on the fact that between July and September, the economy has grown. For all the countries that use the Euro, there was a combined growth of 0.4 %. This has happened after shrinking …

Post Thumbnail of More jobs emerge in US as the economy improves
26 October 2009 Featured

It seems finally that we are overcoming the recession as more and more U.S. based companies plan to offer more jobs. The companies have started investing more and more as the market condition improves. Ever since the start of the recession in December 2007, the companies are for the first …

Post Thumbnail of IMF loan of $500 million for Zimbabwe
4 September 2009 Featured, Finance, News

Zimbabwe has been very economically troubled in recent times. Now, IMF (International Monetary Fund) has come forward to help Zimbabwe. IMF has decided to give a loan of 500 million dollars to Zimbabwe. This is the first time in a decade when IMF is giving loan to Zimbabwe. This loan …

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