Weak Employment & PMI Data Raises Fear of Stagnating Economic Recovery in the Eurozone

Unlike the strong recovery seen in the US jobs data, unemployment rate in the Eurozone registered a very small dip in May 2014 as compared to previous month’s data. The total jobless rate remained stagnant at 11.6% with around 18.5 million workers still struggling to find employment. The unemployment data indicated the stark disparity between…

Weak Employment & PMI Data Raises Fear of Stagnating Economic Recovery in the Eurozone

Unlike the strong recovery seen in the US jobs data, unemployment rate in the Eurozone registered a very small dip in May 2014 as compared to previous month’s data. The total jobless rate remained stagnant at 11.6% with around 18.5 million workers still struggling to find employment. The unemployment data indicated the stark disparity between…

Audi US sale Rose

US Economic Recovery Strengthening—Car Makers See Upswing in Demand for Luxury Cars

Increasing pace of the US economic recovery combined with Volkswagen’s attempt to focus on attracting younger customers to its luxury automobiles has helped boost US sales by 23 percent. Total deliveries touched 16,867 units with around 2450 units of the popular A3 sedan, with a starting price tag of $29,900, being sold in the US…