The latest economic figures from the US have confirmed that the world’s biggest economy is on the path to recovery.
Unemployment dropped below eight percent while retail sales topped estimates. The data are improving just weeks before the presidential election. So, is that a coincidence or the much anticipated result of government efforts ? We’ll discuss that with David Semmens from Standard Chartered.
Also in the programme: Germany has cut its economic growth forecast because of its eurozone partners, while there are countries, that love the euro.
Wires > Business
- 07:40 CET Asia’s factories stay sluggish, stimulus lacks traction
- 07:04 CET Goldman targets ‘mass affluent’ borrowers with unusual lending plan
- 06:14 CET Halliburton and Baker Hughes scrap $28 billion merger
- 05:37 CET Asian shares slip, Nikkei skids on yen strength
- 04:31 CET Australian budget walks fine line between growth and austerity
- 04:21 CET China’s tax overhaul aims to cut business costs
- 04:18 CET Japan final April manufacturing PMI hits lowest since Jan 2013…
- 03:31 CET Half of leading investors ignoring climate change – study