1.
Gallup: Family of four needs an average $58,000 a year

BEIJING, Oct. 1 (UPI) -- Manufacturing activity in China contracted for the second straight month in September, reflecting the country's slowing economy, official data showed Monday.
However, the rate of contraction, as measured by the purchasing managers' index, eased in September to 49.8 percent from 49.2 percent in August, the official Xinhua News Agency reported.
Any number below 50 percent on the index, released by the China Federation of Logistics and Purchasing, denotes contraction, and while over 50 percent signifies expansion.
Economic growth in China, the world's second-largest economy after the United States, has been hit by the global slowdown. New orders for Chinese exports have declined because of weak international demand.
|
|
|
|
|
|
| Additional Business News Stories | |
NEW DELHI, May 20 (UPI) --
The US Department of Energy's conditional approval a Texas liquefied natural gas terminal to export to nations that do not have a free trade agreement with the United States is seen as a potential boost for India's energy security.
|
RIO DE JANEIRO, May 20 (UPI) --
Sweden's Saab is upgrading its bid for Brazil's FX-2 jet fighter purchase plan, even as it weighs challenges from rivals Boeing and France's Dassault.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption