The Higher Price of Economic Growth
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Last month, wholesale prices posted their biggest increase in 14 years, the Labor Dept. reported on Nov. 16. The Producer Price Index, a gauge of prices received by farms, factories, and refineries, rose 1.7%, nearly twice as high as forecasted.
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The US economy appears to be gaining momentum and with it the risk of higher inflation, a survey of economists by the Wall Street Journal showed Monday.
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Rising oil prices are expected to hit China's growth rate this year.
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The current proposal would boost the wrong part of the economy.
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Invest early, invest often to be able to meet the rising cost of college in the future.
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The 2004 Asian Development Prospect report has predicted that this year&#39;s GDP growth rate will be 8-point-8 percent higher than last year while next year&#39;s growth rate will slowdown to eight percent.
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The economy grew at a faster than expected annual rate during the second quarter of 2007, official data showed on Wednesday.
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Economic development at the expense of the environment is like grabbing a good seat in the cinema of a sinking luxury liner.  Even worse, the more rapid the development, the more damage it does to the environment.  We are heavily indebted to environment.
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Why own luxury in a world defined by increasing economy?
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Already having the highest interest rates in the developed world, the Reserve Bank is set to raise them further on Thursday and may leave the door open for more rises ahead.
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Business & money: House prices in Spain have risen at a faster pace than anywhere else in the eurozone.
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The Federal Reserve uses interest rates to help manage the economy, lowering them when the economy needs a boost and raising them when the economy is growing at a pace that may
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A pick-up in prices will complicate efforts by the Central Bank as it tries to stave off a slowdown in economic growth.
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Is Economic Stimulation the Cause, not the Cure?
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The absolute price of oil has reached a new high. The growth     of the economies in China, India and the rest of Asia are increasing the demand     for oil. There are production problems in Venezuela (strikes and sabotage), Norway (strikes), Nigeria (civil war), Iraq (sabotage) and Russia (internal politics). Hurricane Ivan and other hurricanes this year disrupted     production in the Gulf of Mexico and transportation of oil in the Atlantic.     In the next decade Eastern Europe will also require more oil to feed its growing economies. The price of crude oil has led to     prices of above $55 a barrel and lifted heating oil to a record and     natural gas to a 20-month high. Though prices may eventually fall a bit, they are likely to remain higher than we were once     accustomed.    However, all is not gloom and doom.
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High oil prices, which have been a factor in virtually all U.S. recessions over the past three decades, are surging again this year. And the higher crude oil prices climb, the more risk energy costs pose to what, until recently, many expected to be a banner year for the U.S. economy.
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The US economy grew at an annualized rate of 3.3 percent in the second quarter of this year,significantly better than a previously estimated growth rate of 2.8 percent, but