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 […]
A government agency charged with tracking the US jobless rates released a new report yesterday that shows the rate is still near record highs. The Bureau of Labor Statistics revealed that while the numbers remained even in many cases, some states are still seeing high numbers, pointing to a slower than expected recovery. Of the […]