The rate of recovery for the tepid US economy seems to have stalled according to a new report released today. According to the report, the country has not slipped back into recession but the rate of recovery has stopped advancing, giving credence to the fact that the US is not out of the woods yet […]
Shares in software giant Microsoft were on the rise as the company announced a 52% increase in profits. The company has said that this increase is linked to the new products and services offered in the past year as well as the increase in exploration of new business opportunities. Many of the expectations over Microsoft […]
Prices for existing homes in the US rose only 1.7 % in 20 US cities, far lower than the expected numbers. This news comes just one day after demand for existing homes rose further than expected. Government officials have said that this is a sign that consumers are taking advantage of low home prices. Economists […]