Archive for the ‘USA Finance’ Category

Bigger than Microsoft?

Wednesday, May 26, 2010 23:05 No Comments

Now Apple is considered to be the biggest technological company in the world. According to the trading on Wednesday, the total value of Apple makes $222bn, while Microsoft is valued at $219bn. How is the company’s worth calculated? You have to multiply the current share price by the number of shares. This is called market […]

This was posted under category: Markets, USA Finance Tags: , ,

World Markets and Currencies: The Picture is Changing

Wednesday, May 26, 2010 1:05 3 Comments

The picture on US markets looked like this: New York ended flat on Tuesday, the Dow Jones went 0.2% down. As for European markets, due to eurzone problems, they closed lower. The FTSE was down by 2.54%, Germany’s Dax fell by 2.34%. Asian markets also saw a decrease. Due to the events between North and […]

This was posted under category: Markets, USA Finance Tags: , , , ,

Record High US Home Sales

Tuesday, May 25, 2010 2:28 1 Comment

There are signs that home sales in the US are going up. Partly it was caused by a tax credit scheme, but on the whole, conditions are looking up. According to the National Association of Realtors, April saw a 7.6% rise in previously-owned homes. Due to the fact that a special tax credit expired in […]

This was posted under category: USA Finance Tags: ,

USA: fall in prices

Monday, May 24, 2010 0:18 1 Comment

According to the official data, US prices decreased for the first time since last year. Against all expectations, consumer price index inflation fell 0.1%, although analysts expected a rise. That means that the US Federal Reserve is not going to raise US interest rates and tighten monetary policy, as the inflation is a little low. […]

This was posted under category: USA Finance Tags: , ,

Sweeping reforms of Wall Street

Thursday, May 20, 2010 23:06 2 Comments

The Us Senate is going to provide one of the most crucial overhaul of the financial system. The bill that was passed by the Senate is not going to punish the banks, as President Obama said, but “to protect the economy and the American people from upheavals that we’ve seen in the past few years”. […]

This was posted under category: USA Finance Tags: , , , , , ,