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Economic outlook

US manufacturing shrinks in November to 3-year low
U.S. manufacturing shrank in November to its weakest level since July 2009, one month after the Great Recession ended. Worries about automatic tax ...
Germany set to achieve balanced budget this year
Germany will achieve a balanced budget across all layers of government this year thanks to a resilient economy, low unemployment, higher tax revenues ...
Greece launches $13 billion bond buyback plan
Greece revealed Monday plans to spend up to €10 billion ($13 billion) in a bond buyback program that it hopes will help stabilize its mountainous debt
Eurozone unemployment hits another record high
Another month, another record unemployment rate for the economy of the 17 European Union countries that use the euro. Figures released Friday by ...
Sandy slowed US consumer spending and pay in Oct.
Americans cut back on spending last month while their income remained flat. The weakness in part reflected disruptions from Superstorm Sandy that ...
Japan OKs $10.7B stimulus, aiming to boost growth
Japan unleashed yet another barrage of stimulus at its stagnant economy on Friday as debate over how to revive growth heated up ahead of a general ...
Asia stocks rise on US data, budget talks
Asian stock markets posted gains Friday on optimism over a pair of positive U.S. economic reports and growing expectations that Washington will ...
Sandy delivers heavy blow to US economy
Superstorm Sandy packed a bigger economic punch than most people had thought. In its sweep through the Northeast, the storm halted sales at major ...
Stocks rise and fall with twists in budget talks
Optimism that a budget deal will be reached in Washington sent stocks modestly higher Thursday. A pair of economic reports also brightened the mood.
Oil rises on higher economic growth expectation
The price of oil rose Thursday on an improved reading on U.S economic growth while lawmakers continued their tussle over the "fiscal cliff." The ...
Merkel's election schedule weighs on Greek bailout
German Chancellor Angela Merkel's upcoming re-election battle is shaping Europe's response to bailing out debt-ridden Greece. Her strategy: Do just ...
Oil below $87 after OECD cuts growth forecasts
The price of oil fell below $87 a barrel Wednesday after the Organization for Economic Cooperation and Development cut its growth outlook for the U.S.
US economy gets lift from consumers, businesses
American consumers are growing more confident about the job market, companies are ordering more equipment and home prices are rising in most major ...
OECD: Europe weighing on global economy
The global economy could easily slide back into recession if its major problems — like U.S. budget standoffs and Europe's lack of jobs — are left to ...
US orders for core capital goods up 1.7 percent
U.S. companies in October increased their orders of machinery and equipment that signal investment plans by the largest amount in five months, a ...
A look at Greece's key financial figures
European and global financial leaders agreed Tuesday to release €44 billion ($57 billion) in critical loans to Greece and provide billions in debt ...
Stocks end lower after a strong week
Wall Street came back to work after the Thanksgiving weekend and faced leftover worries about the "fiscal cliff" and the European debt crisis.
Steady US housing recovery is boosting economy
From purchases and prices to builder sentiment and construction, the U.S. housing market is making consistent gains. The latest evidence came in ...
As eurozone economy shrinks, govt debt loads grow
Europe's government-debt crisis is no longer panicking financial markets. But it won't end until the region's economy starts growing strongly again.
Sandy, budget worries hold back US factory output
U.S. factory production of machinery and equipment fell sharply last month, held back by temporary disruptions caused by Superstorm Sandy and ...
Sandy, careful consumers lower US retail sales
Superstorm Sandy combined with cautious consumers to lower retail sales in October and raise concerns about weaker economic growth and a tepid holiday ...
US business stockpiles grow 0.7 pct. in September
U.S. businesses increased their stockpiles in September, further evidence that economic growth was stronger over the summer than first thought.
German investor confidence drops unexpectedly
German investor confidence in Europe's largest economy slipped unexpectedly this month over worries that growth will cool over the next six months, ...
Japan economy shrinks as China dispute takes toll
Japan's economy contracted in the latest quarter, signaling that like Europe it may already be in recession, further weighing down world growth.
Asian stocks fall on US economy fears
Uncertainty over whether Washington will be able to work out a spending and taxation deal that is crucial to keeping the U.S. economic recovery on ...