Business

US Economy Adds 148000 Jobs in December, Unemployment Remains at Record Low

US Economy Adds 148000 Jobs in December, Unemployment Remains at Record Low

In 2017, the industry added an average of 44,000 jobs per month, in line with its average monthly gain in 2016. Overall, Statscan said the number or people employed grew by 2,800 and the London area population was up by 6,100. The unemployment rate held steady at 4.1 per cent for the third straight month and at levels last seen 17 years ago. The household survey, which calls homes to ask how many are at work, rose even less than the establishment survey, with 104,000 more Americans ...


Largest known Prime Number discovered by GIMPS Project

Largest known Prime Number discovered by GIMPS Project

That's one heck of a LONG number. Their distribution in the cumulative succession of numbers is irregular, meaning there's no pattern to foresee what the subsequent prime will be. Called the M77232917, the new prime number belongs to the special group, the Mersenne prime numbers, and is the 50 Mersenne prime to have been discovered.


SBI may cut minimum balance requirement for savings accounts

SBI may cut minimum balance requirement for savings accounts

For rural areas, the penalty ranges from Rs 20-50 plus service tax. This is more than the bank's July-September quarter net profit of Rs 1,581.55 crore and almost half of the Rs 3,586 crore it earned as net profit April-September. These accounts also have their limitations in its operations, largely kept the lower end of the pyramid for basic banking services. SBI's minimum requirement to maintain a savings account of Rs 3,000 is the highest among all the public sector banks of the country ...


GST impact to slowdown India's 2017-18 GDP growth to 6.5%

GST impact to slowdown India's 2017-18 GDP growth to 6.5%

The growth rate of the agriculture, fishing and forestry sector is expected to decline from 4.9% in 2016-'17 to 2.1% in 2017-'18. The economy grew at 7.1% in 2016-17. He also indicated that the government could find it hard to achieve its fiscal deficit target of 3.2 per cent of GDP. It was 7.5 percent in 2014-15.


Gander Outdoors store headed to Cedar Rapids after all

Gander Outdoors store headed to Cedar Rapids after all

Lemonis read 68 USA city names with an opening planned, followed by five other store locations where his company is still negotiating with landlords. The former Gander Mountain, now known as Gander Outdoors , is coming back to West Manchester Township in mid-April to late May.


Local Kmart store to close

Local Kmart store to close

Sears has lost an estimated ten-billion dollars over the last six years. The steady drumbeat of store closing announcements from Sears Holdings continues, with more than 100 Sears and Kmart locations slated to shutter by April nationwide.