Bank of Ireland’s quarterly analysis of the Irish property market, the Irish Property Review published today, reveals a housing market that is balancing out. The fall in supply is negative for Irish economic activity but ultimately supportive of house prices by bringing the market back into balance.

UK consumer confidence fell in in May to an 18-year low - the lowest level since Margaret Thatcher was ejected from office in 1990, as people became more pessimistic that the economy will slip into a recession, research company GfK NOP Ltd. said today.

Markets news on stocks, currencies and commodities.

Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.

The European Central Bank (ECB) celebrates its 10th anniversary on Sunday June 1st.

Dell said on Thursday that fiscal-first-quarter profit rose 4% on a 9% sales increase. Revenue from overseas markets overtook the US for the first time.

Congress is getting serious about global warming but approaches being considered will hasten environmental calamity.

Global Food Crisis: The World Bank announced on Thursday that it would support global efforts to overcome the global food crisis with a new $1.2 billion rapid financing facility to address immediate needs, including $200 million in grants targeted at the vulnerable in the world’s poorest countries.

In every industry there’s a push to be ecologically aware. Many deploy under-the-cover green techniques, such as using recycled raw materials. But some home furnishings designers are displaying their eco-awareness on the surface.

Trump Entertainment Resorts agreed to sell the Trump Marina Hotel Casino to privately held Coastal Development for $316 million, as the company tries to pare its debt. The Atlantic City complex will be rebranded as Margaritaville.