Finance & Economics | WPN World People News

Sales of sex toys has hiked following the recession as more and more couples opt for indoor fun with three-quarters of women in Britain now owning one, according to analysis by an online sex shop.

Based on reports by the OECD, income gap (or income inequality/wealth gap) is widening among countries across the world. Statistics indicate that the income difference between the top 20% against the bottom 20% of the income holders ranges from five to ten times. However, by analyzing different countries, it may reveal a different picture.

The Indian government is committed to bringing down subsidies to below two percent of the country's gross domestic product (GDP) in the current fiscal and cut it further to 1.75 percent in the next three years, Finance Minister Pranab Mukherjee said here Saturday.

The White House, which has housed US presidents and their families since 1800, would list for about 110 million dollars on the open market, according to a Washington, DC area realtor.

An Iranian mission will start a six- day trip to India on Sunday for talks to promote trade ties with the South Asian country, the semi-official Fars news agency reported.

U.S. hiring has slowed sharply with employers adding only 115,000 jobs in April. That's well below the 160,000 jobs economists were expecting. The modest numbers released Friday by the U.S. Labor Department suggest the U.S. recovery may be losing steam. The White House insists the nation is still moving in the right direction.

A new report by a coalition of global health groups says the United States is the world's top economic supporter of global health research and development. Not only is that a boost for the fight against disease, the report says, it's also good for the U.S. economy.

Facebook, the social network website used by more than 900 million people around the world, is about to go public.