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Economy

  • Oil rises above $93 in European trade

    The price of oil rose above $93 a barrel on Monday at the start of a big week for economic data, culminating in Friday's U.S. nonfarm payrolls report ... 

  • Stocks indexes end higher on Wall Street

    Stock indexes are ending higher on Wall Street as traders hope that the Federal Reserve won't move quickly to pull back on its economic stimulus. 

  • Airlines group raises industry profit estimate

    Packed planes should help the world's airlines earn $12.7 billion this year, as travel demand accelerates faster than the airlines add seats, ... 

  • Comments from Iranian presidential candidates

    Comments on the economy, sanctions and international relations by the eight candidates in Iran's June 14 presidential race. ___ Parliament member ... 

  • Iranian voter views suggest wide open race

    On the hardscrabble streets in south Tehran, a group of paramilitary volunteers looks to hard-line presidential candidate Saeed Jalili — Iran's top ... 

  • Fitch downgrades Cyprus 1 notch to B minus

    International agency Fitch sent Cyprus' credit rating deeper into junk territory with a one-notch downgrade to B minus over heightened uncertainty ... 

  • UK loans drop despite flagship credit program

    British banks participating in a plan to boost credit to businesses offered fewer loans in the first quarter of the year, raising some doubts over the ... 

  • Luis de Guindos

    Germany to help Spain with credit for growth, jobs

    Germany is setting up a loan program for struggling small and medium-sized firms in Spain to boost growth and jobs in the crisis-hit southern European ... 

  • US manufacturing gauge sinks to June 2009 level

    A measure of U.S. manufacturing fell in May to its lowest level since June 2009 as slumping overseas economies and weak business spending reduced new ... 

  • Angela Merkel

    IMF urges Germany to keep spending amid low growth

    The International Monetary Fund on Monday halved its growth forecast for Germany as the eurozone recession takes its toll on the bloc's largest ... 

  • Barack Obama, Vice Xi Jinping

    Cybersecurity tops Obama's agenda for China talks

    President Barack Obama will be looking for signs from China's leader at their upcoming meeting that Beijing is ready to address its reported high-tech ... 

  • US construction spending up 0.4 percent in April

    Spending on U.S. construction projects rose in April despite weakness in residential projects and government spending. Construction spending rose 0. 

  • Oil rebounds to near $93 in European trade

    The price of oil rebounded to near $93 a barrel on Monday amid signs of an economic improvement in Europe at the start of what could be a pivotal week ... 

  • Turkish stock market plunges over protests

    Turkey's main stock exchange dropped sharply on Monday, following three days of anti-government protests. The Borsa Istanbul 100 Index was down 8 ... 

  • Survey finds China manufacturing shrank in May

    China's manufacturing shrank slightly last month, a report said Monday, adding to signs of an uncertain recovery in the world's second-biggest economy 

  • Asia stock markets fall on Fed uncertainty

    Uncertainty about the U.S. Federal Reserve's next course of action and a sharp, sudden plunge on Wall Street sent Asian stock markets lower Monday. 

  • Palestinian president appoints new prime minister

    The Palestinian president on Sunday picked a little-known academic as his new prime minister, according to the official government news agency, ... 

  • Draghi defends bond program ahead of court hearing

    European Central Bank head Mario Draghi is defending a central bank program that has been credited with calming market turmoil over the continent's ... 

  • Bernanke

    Bernanke offers wisdom but no hint of Fed moves

    Ben Bernanke gave the graduating class of Princeton University one of the more unusual speeches for a Federal Reserve chairman: He quoted everyone ... 

  • Central bank group warns markets 'under a spell'

    Investors have ignored poor economic news as stocks have risen, leaving markets now vulnerable to unsettling volatility and potential losses, an ... 

  • Xi Jinping, Kamla Persad-Bissessar

    China drawn to Mexico's opening economy

    China has invested heavily in resource-rich Latin America in recent years, striking major trade deals with governments from Venezuela to Argentina. 

  • Travis Toth

    Feds crack down on foreclosure auction scams

    At the height of the financial crisis, bargain hunters would gather each week on county courthouse steps to bid on foreclosed properties throughout ... 

  • Obama: Economy showing signs of strength

    President Barack Obama says the economy is showing new signs of strength. He's pointing to the auto industry, new jobs and a recovering housing market ... 

  • Barack Obama, Chris Christie

    Needs and threats test GOP on small government

    One major principle of Barack Obama's presidency that his foes love to hate — that government, when it works right, can be best-equipped to aid and ... 

  • NKorean farmers planting rice with profits in mind

    North Korean farmers knee deep in muddy paddies across the country have a new incentive during this year's crucial rice planting season: possible ... 

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