BBC Business Headlines

France questions EU fiscal pact
France's new finance minister reiterates that the country's new socialist government will not ratify the European Union's fiscal pact.


Rebuilding spurs Japan economy
Japan's economy grows by 1.0% between January and March compared with the previous three months, official figures show.


Jobs boost as UK gets Astra deal
Vauxhall's Ellesmere Port car plant will build a new Astra car in a deal that means huge investment and the creation and support of thousands of jobs.


Spain set to pay more on bonds
Spain's borrowing costs look set to spike in a bond auction on Thursday, as the Greek crisis saps confidence in other indebted economies.


Chinese gold demand hits record
Chinese demand for gold hit a record in the first quarter of 2012 and it remains the world's biggest market for gold, the World Gold Council says.



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NY Times Economix

Investigating JPMorgan Chase
Since the company operates with implicit government backing, its recent trading losses demand an independent inquiry on five specific questions, an economist writes.

Will You Be More Successful Than Your Parents?
If the American dream is doing better than your parents, only about half of recent college graduates think they will achieve it. They are even more pessimistic about the prospects for their peers.

When a Spending Cut Can Be Like a Tax Increase
Spending cuts in programs that are means-tested can have a very similar effect to raising taxes, an economist writes, using Medicare proposals as an example.

How Older Workers Weather Layoffs
A Government Accountability Office report looks at the difficulties they face finding new jobs, and how their financial security in retirement may be compromised.

What Rule Should the Fed Follow?
Conservatives seem determined to try to bar the Federal Reserve from exercising judgment on monetary policy, asserting that it should focus solely on preventing inflation, an economist writes.

Regrets About College
While recent graduates regret many things, having gone to college generally isn't one of them, according to survey data from the Heldrich Center for Workforce Development at Rutgers.





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