Economy

Economy

• German central bank: Economy to improve 'markedly'

  Germany's central bank expects the country's economy to improve "markedly" in the second quarter — a development that could boost the wider eurozone ... 

• Oil price down to near $96 as traders wait for Fed

  The price of oil fell to near $96 per barrel Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy. By early ... 

• How the French economy compares to Germany's, UK's

  Here's how the struggling French economy stacks up compared to Germany's and Britain's. GROSS DOMESTIC PRODUCT (2012) France: 2 trillion euros ($2. 

• Average credit card debt, late payments fall in 1Q

  Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax ... 

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  China's Li seeks stronger economic ties with India

  Chinese Premier Li Keqiang told Indian business leaders Tuesday that developing stronger economic ties between their two nations would have huge ... 

• British inflation eases by more than expected

  Official figures show that consumer price inflation in Britain eased in April, largely on the back of lower fuel prices and airfares. The Office for ... 

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  Asia stocks muted ahead of Fed meeting

  Asian stock markets struggled to post gains Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its ... 

• Lew taps government retiree pension fund

  Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. 

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  Obama vows US support as Myanmar leader visits

  President Barack Obama on Monday told Myanmar's president during a long-awaited White House meeting that he appreciates the Asian leader's efforts to ... 

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  Small company stock are a bright spot

  Small-company stocks were a bright spot in a subdued start to the week for Wall Street. The Russell 2000, an index of small-company stocks, climbed ... 

• White House says more farm subsidy cuts needed

  The Obama administration said Monday it wants to see more cuts to agriculture subsidies in a massive farm bill moving through the Senate this week. 

• Oil rises on falling dollar; gasoline at $3.65

  The price of oil rose Monday, taking its cue from the stock market and the dollar. Benchmark oil for June delivery gained 69 cents to close at $96. 

• Ryanair keeps growing, reports record profits

  Ryanair reported record profits Monday as Europe's largest budget airline expanded its route network across the continent and into North Africa. 

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  Military sex abuse has long-term impact for vets

  New government figures underscore the staggering long-term consequences of military sexual assaults: More than 85,000 veterans were treated last year ... 

• Oil price falls below $96 a barrel

  The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a ... 

• China asks NKorea to release fishing boat, crew

  China is urging North Korea to release a Chinese fishing boat whose owner says it was seized by gun-toting North Koreans earlier this month and held ... 

• Economists predict increase in consumer spending

  Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists. 

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  AP IMPACT: Military sex abuse victims seek VA help

  More than 85,000 veterans were treated last year for injuries or illness stemming from sexual abuse in the military, and 4,000 sought disability ... 

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  Jamie Dimon under pressure ahead of investor vote

  Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both ... 

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  Chinese premier visits India to boost ties

  Just weeks after a tense border standoff, China's new premier visited India on Sunday on his first foreign trip as the neighboring giants look to ... 

• 'Britain's Obama' urges ties with West Africa

  A rising star in Britain's Labour Party, described by some as the "British Barack Obama," Chuka Umunna urged the United Kingdom to more aggressively ... 

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  Pope leads pep rally at Vatican, meets with Merkel

  Pope Francis lamented that investment losses by banks trigger more alarm in the economic crisis than the struggle of people to feed their families, ... 

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  Obama agenda marches on despite controversies

  Despite Democratic fears, predictions of the demise of President Barack Obama's agenda appear exaggerated after a week of cascading controversies, ...