Topic: Personal Savings

How China will drive silver to $250

Individual investors can make an impact on its priceOnce upon a time, the Chinese government forbade ownership of all precious metals. But now, the ban has been lifted. In fact, China just introduced silver bars for investment. And now, state-run China Central Television (CCTV) is running a campaign encouraging the ...
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CASH FLOW

CASH FLOW
Chart compares personal savings and corporate cash flow since Copyright 2010  AP News
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January spending increases but income growth slows

Spending grows 0.5 pct in January while incomes lag, raising worries about economic recoveryPersonal spending jumped by a larger amount than expected in January but Americans' incomes barely budged as millions of Social Security recipients did not get their usual cost of living boost. The weak income growth could ...
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Ericsson to cut 1,500 more jobs as profit plunges

<div id="subtitle">Ericsson profit plunges 92 pct as mobile operators cut spending on networks; 1,500 jobs to go</div><div><p>Wireless equipment maker LM Ericsson AB on Monday said it will cut another 1,500 jobs this year after ...
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