European Central Bank may be ready to cut interest rate

Article Abstract:

European Central Bank might make a surprise interest-rate cut to stimulate short-term growth by lowering the cost of credit for businesses. The decision is expected to be made in response to the slack consumer demand in Europe, high unemployment rates, and changes in state pension and benefit programs, which suggest that Europe's recovery is shakier.

Europe, Management dynamics, Interest Rates, Management, Company business management, European Union. European Central Bank

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Upsurge in capital spending poised to drive economy

Article Abstract:

A resurgence in capital spending by companies such as Boeing Co., Caterpillar Inc., and Verizon Communications Inc. is likely to create jobs and strengthen the US economy after its midyear lull. Such spending may lead to hiring, boost productivity, and help in making the United States more competitive in the global market.

Pennsylvania, United States economic conditions, Capital investments, Capital investment

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