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At a weekend meeting with economic experts, Vietnamese Prime Minister Nguyen Tan Dung agreed the country needed to shore up macroeconomic problems, but postponed recommendations on cutting back wasteful government investment, an economist who was present said Monday.
The roundtable discussion with 19 prominent economic experts and...
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 The confidence among US consumers fell to a 16- year low during May, the Conference Board announced on Tuesday, saying that the troubled economy and the surging oil prices led to an all- time high inflation expectations.The Conference Board’s confidence index fell to 57.2, lower than expected, showing that people are less willing to...
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 Last Friday marked the beginning of the summer travel season, but things do not sound too good for travelers, since several airlines announced more or higher fees.Previously this week American Airlines announced that it would begin implementing a 15 dollars fee for travelers’ first checked bag, that is passengers would be charged for all...
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 During the Asian Development Bank’s annual meeting that took place in Spain, leaders from Asia warned that the growing food prices are likely to push millions of people throughout the continent into poverty and cause social unrest.More than a billion vulnerable people became seriously affected by the food prices surge, as they spend...
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 The Air Transport Association of America (ATA), which is representing the largest airlines in the United States, has released a statement as a response to the Department’s of Transportation’s criticized proposal to reduce delays at the seriously congested LaGuardia Airport by decreasing the number of flights and auctioning those slots...
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 According to a report of RealtyTrac, a leading online marketplace for foreclosure properties, the foreclosure filings during March have been reported on 234.685 properties in the United States, five percent more than a month before and a 57 percent increase from the same month a year before."The March numbers show that overall...
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 As the concern over health care costs and the troubled US economy have risen in the recent months, the American workers’ confidence in a calm and comfortable retirement has decreased in the last year by a rate unmatched in 18 years, according to a survey released on Wednesday.The Retirement Confidence Survey showed that only 18 percent...
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 A filling with the Securities and Exchange Commission revealed on Friday that Ford Motor Co. rewarded its Chief Executive Alan Mulally with 21.7 million dollars in 2007 alone.According to The Detroit News, the total amount was raised with a 2 million dollars salary, 7 million dollars in bonuses and various stock awards, while its...
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 After years and years in which Cuban travelers inside the country were forced to sleep over at friends, the Castro government has finally decided to allow the island’s citizens to check into Cuba’s hotels, which were previously reserved only for foreign travelers.The hotels employees confirmed that from now on, Cubans wishing to stay at...
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 According to a report that was published on Sunday in The Boston Globe, the US mortgage companies started rejecting credit applications even from people that have a good credit and financial situation, which could be a sign that the credit crisis in the country could be deepening even further.The lenders in the United States began...
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| Currency |
USD |
EUR |
GBP |
YEN |
| USD |
------ |
0.757 |
0.701 |
97.307 |
| EUR |
1.320 |
------ |
0.926 |
128.479 |
| GBP |
1.426 |
1.080 |
------ |
138.794 |
| YEN |
0.010 |
0.008 |
0.007 |
------ |
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| Symbol | Last | Change | | Dow | 14,047.31 |  40.24 (0.29%) | | Nasdaq | 2,747.11 |  6.12 (0.22%) | | S&P 500 | 1,546.63 | 0.41 (0.03%) | | 10-Yr Bond | 4.529%
| 0.028 | | NYSE Volume | 3,112,411,000 | | Nasdaq Volume | 1,795,889,000 |
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 New BMW-6 Series Coupe and convertible
BMW has launched a convertible and new coupe of the 6-Series
featuring several advanced drive technologies and driver assistance
safety systems.
Both the coupe...
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