Economics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Greek oikos (house) and nomos (custom or law).
After more than 100 years General Electric (GE), the last original member of the Dow Jones industrial average, was dropped from the blue-chip index and […]
The world’s forcibly displaced population reached a record high. In its annual Global Trends report the UN Refugee Agency (UNHCR) said 68.5 million people were […]
The London interbank offered rate (Libor) is a rate benchmark for $200 trillion of dollar-denominated interest rate swaps, loans and other financial products. On May, […]
For those worried about the ability of U.S. state and local governments to cover promised pension checks, the Census Bureau announced a milestone that should […]
Deutsche Bank wrongly transferred 21 billion euros to the Australian Investment Bank Macquarie in 2014. This is the latest such error to come to light. […]
Goods worth more than $5 trillion are shipped through the South China Sea every year. Under the seabed huge natural resources are expected. These key […]
The United Nations declared 20 May to become World Bee Day. Bees and other pollinators are vital to the global food chain. In fact, the […]
Brazil will surpass the United States as the largest producer of soybeans this year, taking over the top ranking for the first time in history. […]
Sturm Ruger shareholders approved a proposal from a coalition of religious women and health care networks that Ruger had for weeks urged investors to reject. […]
Deutsche Bank accidentally sent $35 Billion to an exchange as part of its daily dealings in derivatives, according to a person familiar with the matter. […]
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