U.S. Growth to Lag Behind the Developing World in 2011

The world economy is poised for more of the same in 2011: booming growth in China, India and Brazil, and a sluggish crawl in much of the rest of the developed world. Here are the five most important factors driving sluggish eco…

Goldman Sachs Defends Bernanke’s Plan to Buy Assets

Goldman Sachs (GS) economists defended Federal Reserve Chairman Ben Bernanke’s decision to pump billions of dollars into the economy, saying the move will boost economic growth.

The Fed’s plan to buy $600 billion of assets will improve growth and red…

Sugar Prices Could Hit Highest Level in 30 Years

Sweet could get expensive. Raw sugar prices may rise to the highest in more than 30 years by March if dry weather hits the Brazilian sugar crop, broker Newedge USA told Bloomberg News.
Continue reading Sugar Pr…

Former McDonald’s Manager Not Lovin’ His Weight Gain

McDonald’s has lost a $17,500 lawsuit from a former franchise manager in Brazil, who says he put on 65 pounds during his 12 years of working for the chain. The former employee blames the company’s policy of mandatory food sampl…