by | Feb 21, 2011 | Towing
Despite all the headwinds blowing against it — and they’re fierce — the U.S. dollar has been holding its own against the world’s major currencies. And if the U.S. recovery remains on track, the greenback has good odds of actu…
by | Feb 16, 2011 | Towing
Rising food and energy prices will likely hit America the same way they’ve hit other countries. Other inflationary forces are more variable from nation to nation. Still, the U.S. can’t fully escape rising prices, especially whe…
by | Feb 14, 2011 | Towing
China has officially bumped Japan as the world’s second largest economy. Japan reported its GDP grew only 1.8% last year to $5.47 trillion, while China’s climbed 10.3% to $5.88 trillion.
Continue reading As Jap…
by | Feb 7, 2011 | Towing
The Japanese automaker’s bottom line is likely to have been hit by its many safety recalls, weaker U.S. sales and Japan’s rising currency. Analysts forecast Toyota will report a quarterly profit of about $1 billion on sales of …
by | Feb 3, 2011 | Towing
When crisis erupts, such as the current fighting in Egypt, investors usually flee to safety. Historically, that has meant piling into the U.S. dollar. But a funny thing happened when protesters took to the streets of Cairo. For…