Current Economics News Today

Does the Economic Rebound Have Legs?
Economic data, while trending in a generally positive direction, continue to send mixed signals about the long-term viability of a recovery.

Fri, 12 Mar 2010 12:00:00 GMT

Americans regaining lost wealth
Americans are recovering their shrunken wealth - gradually. Household net worth rose last quarter, mainly because the healing economy boosted stock portfolios.

Fri, 12 Mar 2010 15:17:59 GMT

Vattenfall Sells Its German Transmission Grid
Stockholm, March 12, 2010 - Vattenfall has signed an agreement on March 12 to sell its subsidiary 50Hertz Transmission GmbH, which owns and operates Vattenfall's German transmission grid, to the Belgian transmission system operator Elia and to the Australian Industry Funds Management , one of the largest global infrastructure investment managers.

Fri, 12 Mar 2010 15:13:20 GMT

Eurozone industrial productions soars in January
Industrial production in the 16 countries that use the euro spiked by an impressive 1.7 percent in January from the month before, official figures showed Friday, raising hopes that the recovery from recession may be more buoyant than expected.

Fri, 12 Mar 2010 15:05:44 GMT

The Fed: Yellen reportedly tapped to be Fed vice chairman
President Barack Obama plans to nominate Janet Yellen as vice chairman of the Federal Reserve Board, The Wall Street Journal reported, citing people familiar with the matter.

Fri, 12 Mar 2010 14:44:00 GMT