The shrinking or stagnant bonuses apply to nearly every area of Wall Street with employees working in fixed income feeling the most pain.

FORBES: On Wall Street, Bonuses Aren't What They Used To Be

The city identifies a specific area that is economically stagnant and then issues bonds to pay for projects to give it a boost anything from renovating historic buildings to subsidising private developers.

ECONOMIST: The state of the cities

The European Central Bank could cut its benchmark lending rate from a record low of 0.75 as soon as Thursday because the euro area's economy remains stagnant.

NPR: Fed Keeps Stimulus, Says Taxes And Cuts Have Hurt

One area of the economy that is undeniably stagnant is farming, which will probably grow by just 2.6% this year.

ECONOMIST: A generous budget, but not a prudent one