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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Economy

France's train system was set on fire hours before the…

2 min read

Attacks on France’s TGV high-speed train network before dawn across the country caused travel chaos and showed where security was weak before Friday’s opening ceremony for the Paris Olympics. The planned attacks happened at the same time that France was putting together a huge security operation with tens of thousands of police and soldiers to...  Read more

Regaining momentum in the second quarter, the US economy sees…

2 min read

Consumer spending and corporate investment both rose strongly in the second quarter, driving faster-than-expected economic growth. However, inflationary pressures eased, maintaining the consensus that the Federal Reserve will drop interest rates in September. The Commerce Department’s advance report on second-quarter gross domestic product indicated on Thursday that inventory building and increasing government expenditure also contributed...  Read more

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