Washington - The beginning of construction in the U.S. rose more than expected in November, but an unexpected drop in permits at least a year and a half hinted that the real estate market remains one of the weakest links in the recovery . The Commerce Department said that housing construction starts rose 3.9 percent in [...]
Writer and director Blake Edwards dies this morning due to complications of pneumonia, reported by Variety. He was 88. Edwards received the Oscar’s lifetime achievement award in 2004 for his extraordinary contribution to the business, the citation read: ”In recognition of his writing, directing and producing an extraordinary body of work for the screen.” He [...]
NEW YORK – Mariah Carey will be a mother of twins. The singer Nick Cannon announced on his radio program on Thursday that his wife is expecting two babies. A spokesman for Mariah Carey, Cindi Berger, also confirmed the news. Cannon said that there are two very important people who learned the news first hand: President [...]
NEW YORK - A drop in jobless claims and an optimistic forecast of earnings from FedEx Corp. helped push the stock market on Thursday. The Labor Department said applications for unemployment aid fell for the third time in four weeks. According to preliminary calculations, the Dow Jones industrial index rose 42 points, or 0.4%, to 11,499. The [...]
Washington, December 16 (EFE) .- The value of Twitter, the popular website that communication with fewer than 140 characters, stood at $ 3.7 billion after the company said on Wednesday attracted an investment of U.S. $ 200 million, said on Thursday the local press. In total, Twitter, which has about 350 employees, investments reached $ [...]
The U.S. dollar opened the day up 0.18%, in the interbank foreign exchange market. At 13.20, the currency rose 0.29%. In trading yesterday, the dollar rose 0.35% to close. Today, the minutes of the Monetary Policy Committee (Copom) Central Bank (BC) is strong in order to warn of inflation risks, despite the additional monetary policy measures to [...]
The decision of the European Central Bank (ECB) to increase its capital by 5 billion euros is a measure on the way to establishing a stronger European plan for dealing with the economic restrictions, said a spokesman for the International Monetary Fund (IMF) on Thursday. “The European Central Bank (ECB) announced it was increasing its [...]
DUBLIN – The Irish government said today that the Gross Domestic Product (GDP) grew 0.5% in the third quarter of this year, after decreasing 1% in the second quarter. Already the Gross National Product (GNP) in the country, which excludes the profits of multinationals, rose 1.1% in the third quarter, compared with a 0.1% in [...]
WASHINGTON (Reuters) – An agreement between the U.S. president, Barack Obama, and Republicans to extend tax cuts for virtually all workers, thus stimulating employment, go for approval in the House of Representatives earlier this Monday. The bill was passed in the Senate on Wednesday. Many of the Democrats, Obama’s party in the House opposed the [...]
Against the U.S. dollar, euro slips 0.26% to $ 1.3186. The construction of new homes rose for the first time in three months in the U.S. in November. The construction of new homes rose to an annual rate of 555,000 in November in the United States, representing a growth of construction in October, which ended in [...]
