In English (Intermediate)

Description: The U.S. auto sales crashed in the last two months, signaling a tough year ahead for the auto industry.

In English (Intermediate)

Description: Worry about the recession, a lot of Americans have cut back on spending and saved more, according to a Gallup poll.

In English (Intermediate)

Description: General Electric, one of the largest mutilnational companies, had a tough year in 2008 and is expected to fare worse in 2009.

In English (Intermediate)

Description: Steve Jobs, the founder of Apple, and Bill Gates, the founder of Microsoft, are the most prominent entrepreneurs in computer industry.

In English (Intermediate)

Description: When a food producer puts the unsafe product in the market, it creates tremendous anxiety among the consumers.

In English (Intermediate)

Description: In the economic downturn, people who lost their jobs might work in new professions that they would not consider otherwise.

In English (Intermediate)

Description: Nowadays cell phone is more than just a tool to make and receive calls. It has turn to gadget that can do many interesting tasks.

In English (Intermediate)

Description: Woolworths is one of the oldest retail chains in the U.S. and Britain. It’s closing all of its stores recently and filed for the bankruptcy.

In English (Intermediate)

Description: Ponzi scheme is one of the oldest fraudulent investment traps. Many people were the victims of the scheme.

In English (Intermediate)

Description: Buying luxury goods goes beyond satisfying one’s basic needs. It’s a lifestyle that the affluent customers enjoy to pursue.