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Economy

Slovenes choose leader amid uncertainty
Voters in small, crisis-hit Slovenia chose a president on Sunday amid growing discontent with government cost-cutting measures designed to avoid an ...
Merkel does not rule out Greek haircut after 2014
Germany no longer rules out the possibility of forgiving Greece some of its debt once the country's finances are in order, Chancellor Angela Merkel ...
UK finance boss: Debt-cutting slower than expected
Britain's Treasury chief acknowledged Sunday the economy is taking longer than expected to recover from the financial crisis, but insisted he will not ...
The factory fire: Global commerce, local tragedy
In the charred bones of the Tazreen Fashions Ltd. factory, the labels and logos — sewn and printed in scarlet and royal blue — beckon from the ashes.
Some wish Islam would inform climate debate
At Friday prayers in Qatar's most popular mosque, the imam discussed the civil war in Syria, the unrest in Egypt and the U.N. endorsement of an ...
Pressuring GOP, Obama takes his fiscal plan to Pa.
President Barack Obama argued Friday that allowing taxes to rise for the middle class would amount to a "lump of coal" for Christmas, while Republican ...
Analysis: Obama, Boehner seek cliff talks leverage
One month before the deadline, negotiations between President Barack Obama and Republicans to save the economy from a plunge over the fiscal cliff are ...
Cyprus rushes adoption of austerity measures
Cyprus' finance minister urged lawmakers Friday to approve a first batch of spending cuts and tax hikes agreed with international creditors by Dec.
Stocks inch lower as investors wait on budget
Stocks ended the week more or less where they started it. Investors were watching closely while lawmakers in Washington worked at thrashing out a ...
Oil up 1 pct.; weather outlook sinks natural gas
The price of oil rose 1 percent Friday as traders weighed a new debt deal in Europe and political bickering in the U.S. over looming tax increases and ...
Second act for DSK? After NY settlement, could be
His wife is gone (taking her family fortune with her). So is any chance at the French presidency (once considered his to lose). And a large chunk of ...
Health officials: Athens has spiraling HIV crisis
Athens is seeing an alarming increase in new HIV infections, particularly among intravenous drug users, health officials warned Friday, as Greece ...
Boehner: Obama fiscal cliff offer bad for economy
House Speaker John Boehner (BAY'-nuhr) says President Barack Obama's proposal to avoid the fiscal cliff by boosting revenue by $1.6 trillion over the ...
Stocks edge lower as investors wait on budget
Stocks are edging down in midday trading on Wall Street as lawmakers seek to thrash out a budget agreement. The government also reported Friday that ...
Bulgaria offers citizenship to foreign investors
Here's one way to boost an ailing economy: Bulgaria is offering citizenship to foreigners ready to invest at least half a million euros ($650,000).
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 ...
Stock gains limited by US fiscal cliff uncertainty
Uncertainty over whether U.S. leaders can resolve a critical budget deadlock and figures showing the unemployment rate across the 17-country eurozone ...
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 ...
Stocks open flat; consumer spending falls
Stocks are opening relatively flat in early trading on Wall Street after a government report showed that consumers cut back on spending last month.
Old party returns to govern changed Mexico
The political party that ruled Mexico for seven straight decades is back, assuring Mexicans there's no chance of a return to what some called "the ...
Menard to fly Wis. workers in to staff ND store
Home improvement retailer Menard Inc. says it will hire workers from its home base in Wisconsin and fly them to North Dakota to staff a store in ...
Oil slips below $88 on stall in US budget talks
The price of oil fluctuated near $88 a barrel on Friday amid uncertainty about progress in U.S. budget talks meant to avoid automatic tax increases ...
German Parliament approves Greek debt deal
German lawmakers overwhelmingly backed a deal aimed at trimming Greece's debt load and keeping the country financially afloat but the country's ...
German retail sales drop strongly in October
Retail sales in Germany have dropped further than expected in October, raising fears that domestic spending might not offset the country's declining ...