According to the Bureau of Labor Statistics, US economy lost 598,000 jobs since December. The total number unemployed workers was 11.6 million in January, the unemployment rate now rise to 7.6%. The economy now has 1 million fewer manufacturing jobs than the year before. The analysis of some companies’ performence on the latest shipping data from overseas suppliers showed […]

2008 has left us a fact that the face of the global economy has forever changed. Gone forever are investment banks, the secondary credit market, and an unregulated financial market…….
Kimberly Amadeo’s article on About.com gave us a whole review of Top Ten Economic Issues in 2008 in US. In hindsight, we can now see how it […]

An resent article on Time Magazine makes China another hot topic in media.
“China needs a new economic miracle — and the trajectory of the global economy may depend on whether one can be conjured up. China, theoretically, should be one of the locomotives that will eventually help pull the world out of its slump. That won’t happen overnight; […]