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Origins of currencies: from jagged edges to flowers
by Ashley Wagner on
A recent post on the Oxford Dictionary's OxfordWords blog explained the origins of the names of the world's most common currencies. In the slides below, find out where these everyday words come from.... Read full article
High-street shops facing huge jump in business taxes next April
by SIMON NEVILLE on
The British Retail Consortium has led the charge for an overhaul on business rates... Read full article
Why a big slump in South Korea’s exports matters
by The Economist on
NEW trade figures from South Korea on September 1st surprised even the gloomiest of economic forecasters. The country’s exports shrank by the largest annual amount in six years, down 14.7% last month from a year earlier to under $40 billion, accordin... Read full article
Neiman Marcus laid off 500 employees, or 3 percent of its workforce
by Maria Halkias on
Neiman Marcus laid off 500 employees today which represents about 3 percent of its workforce of 16,000 people. That includes about 157 people in Dallas where the luxury retailer is headquartered and employs about 4,800 people.... Read full article
Meet the women changing how and where U.S. companies manufacture goods
by Kelly Stickel on
In July, a group of brands based out of Nashville got together to facilitate a conversation around the reshoring of American manufacturing.... Read full article
China Makes 4th Recent Cut In Interest Rate To Boost Economy
by The World Post (Image from AP) on
BEIJING (AP) — China's central bank announced Saturday the fourth round of interest cuts in seven months and lower deposit-reserve ratios for some banks to lend to small and rural businesses, as Beijing tries to shore up the country's sluggish econom... Read full article
Congress plans no votes on Export-Import Bank as authorization set to run out
by Jim Spencer Star Tribune (Photo: Phoenix Solutions Co.) on
No vote has been scheduled to save the 80-year-old bank, which supporters say helps businesses large and small sell abroad.... Read full article
Made in China 2025: How Beijing is revamping its manufacturing sector
by Li Hui on
A look at why the Chinese government is giving manufacturing a makeover and the sectors that will be affected... Read full article
Demographics are going to cause the US economy to see decades of slower growth
by PAUL KASRIEL, on
Let’s look at some of the excesses that existed before the onset of the last recession. By the way, these excesses were observable in the years leading up to the recession and financial crisis if anyone was curious enough to look at them. ... Read full article
China Cuts Rates to Halt a Slide in Its Economy
by By DAVID BARBOZA and KEITH BRADSHERMAY on
SHANGHAI — Hoping to shore up a weakening economy, China said on Sunday that it would cut benchmark interest rates for the third time in five months.... Read full article