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Economy

In Vietnam, rage growing over loss of land rights
Faced with a group of farmers refusing to give up their land for a housing project, the Communist Party officials negotiating the deal devised a ...
Cyprus jobless turn to illegal songbird trapping
It's just before first light and the bird-catcher strings nets among the orange, pomegranate, fig and carob trees in his orchard. The sound of ...
Asia stocks fall after US shows 4Q contraction
An unexpected contraction in the U.S. economy at the end of 2012 sent Asian stock markets into retreat Thursday. The U.S. economy shrank in the fourth ...
GOP lawmakers see automatic cuts as leverage
There's a growing sense of resignation that the country's political leaders will be unable or unwilling to find a way around looming automatic ...
Unemployment rates fall in most large US cities
The Labor Department says unemployment rates fell in more than three-quarters of the largest U.S. cities in November compared with the same month a ...
Stocks drop as economy put brakes on stock rally
Worries about the economy have slowed a January stock rally. After a month of impressive gains that brought the Dow within 200 points of a record, the ...
US economy shifted into reverse in late 2012
The U.S. economy shrank unexpectedly late last year, a reminder of the biggest threat it faces in 2013: sharp government spending cuts and prolonged ...
Oil rises near $98 even as US economy contracts
Oil finished near $98 Wednesday, maintaining the momentum that has driven it to four-month highs and pushed up prices at the pump. A report that ...
Fed says growth pause temporary, keeps up stimulus
The Federal Reserve said Wednesday that the U.S. economy "paused" in recent months because of temporary factors and reaffirmed its commitment to try ...
Stocks close lower after economy report
Stocks closed lower after a report that showed the U.S. economy unexpectedly contracted in the fourth quarter, putting the brakes on a January rally ...
Zimbabwe claims its accounts are bare
Zimbabwe's finance ministry said it has just $217 left in its accounts after paying the nation's civil servants and government employees earlier this ...
Protesters break into gov't building in Athens
Protesters forced their way into a government building in Greece's latest anti-austerity protests Wednesday, reaching just outside a minister's office ...
White House: Sandy to blame for lack of growth
The White House says Superstorm Sandy is partially to blame for the unexpected contraction of the U.S. economy. Top White House economist Alan Krueger ...
Cyprus president: Russia ready to help in bailout
Cyprus' president said Wednesday that Russia is ready to join the European Union in putting together a rescue package for the crisis-hit country.
Stocks open mixed on GDP numbers
Stocks are falling after the government revealed that economic growth shrank in the final quarter of 2012, the first time that's happened in more than ...
Private job survey shows stronger job hiring
A private survey shows U.S. businesses increased hiring in January compared with a revised December reading. Payroll processor ADP said Wednesday that ...
Economic data shows eurozone steadier, still weak
The euro area's economy is showing modest signs of improvement, as new figures Wednesday indicated more consumer optimism and steadier bank finances.
Israel central bank chief quits to be with family
The governor of Israel's central bank says he's stepping down to be closer to his family in the United States. Stanley Fischer told reporters on ...
Oil rises ahead of the release of US indicators
Oil prices rose to near $98 a barrel on Wednesday ahead of the release of more U.S. economic indicators and the conclusion of a meeting of U.S.
Fed's new voting lineup won't likely alter policy
The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be. Chairman Ben Bernanke ...
Slow US economic growth in Q4 may hide strength
Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal. The consensus forecast from Factset is economic ...
Asia stocks up on strong US earnings
Asian stock markets rose Wednesday after strong U.S. corporate earnings led investors to ignore sagging consumer confidence. Japan's Nikkei rose 1.
Ark. gov. announces $1.1 billion steel mill plan
The wraps came off Arkansas' largest ever economic development project Tuesday as Gov. Mike Beebe unveiled plans for a $1.1 billion steel mill along ...
Oil jumps above $97 with economy in focus
The price of oil climbed above $97 a barrel Tuesday for the first time in four months, and analysts said it could go higher if upcoming reports on ...