Sung Won Sohn

Sung Won Sohn

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  Solid job gains in April ease fears about economy

  The U.S. economy showed last month why it remains the envy of industrialized nations: In the face of tax increases and federal spending cuts, ... 

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  Q&A: Currency the latest threat to global economy

  The world economy faces a new threat. Instead of a banking collapse or too much debt, fears are growing that countries are using their currencies as ... 

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  G20 finance chiefs in exchange rate pledge

  Finance chiefs from the world's 20 leading industrial and developing countries attempted Saturday to calm fears that governments are using foreign ... 

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  Likely Treasury chief Lew faces early budget tests

  The to-do list that awaits Jacob Lew, President Barack Obama's choice to be Treasury secretary, is daunting. Bridge disputes in Congress on taxes and ... 

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  Fed likely to stick to low-rate message this week

  When the Federal Reserve meets this week, it's likely to affirm a message it intends to help lift the economy: that consumers and businesses will be ... 

• Top central banks extend dollar-lending program

  Major central banks acted Thursday to try to shore up confidence in the global financial system by extending a program that makes it easier for banks ...