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Economic policy

  • Workers protest to get EU leaders to end austerity

    Some 10,000 workers from across the European Union protested outside a summit of EU leaders Thursday, demanding they end years of austerity and focus ... 

  • Lawmakers say they oppose more base closings

    House lawmakers said Thursday they are opposed to a new round of military base closings in the United States and challenged Defense Department ... 

  • Democrats wary of Japan entering trade talks

    Concerned that Japan's possible participation in ongoing trade talks among Pacific nations threatens the U.S. auto industry, Congressional Democrats ... 

  • Shawn Gordon

    Applications for US jobless aid reach 5-year low

    Fewer Americans sought unemployment aid last week, reducing the average number of weekly applications last month to a five-year low. The drop shows ... 

  • US wholesale prices rise 0.7 pct. on gas spike

    A measure of U.S. wholesale prices rose in February by the most in five months, pushed higher by more expensive gas and pharmaceuticals. But outside ... 

  • Cyprus bailout likely closer to $13BN

    A bailout package for Cyprus and its troubled financial sector would likely be closer to €10 billion ($13 billion) than the earlier floated €17 ... 

  • John Boehner

    Senate Democrats unveil budget blueprint

    Senate Democrats unveiled a largely stand-pat budget Wednesday that calls for $1 trillion in new tax revenues over the coming decade but actually ... 

  • Marty Grossman

    Solid gain in Feb. US retail sales eases concerns

    Thanks to solid job creation, Americans spent more at retailers in February despite smaller paychecks. The surprisingly strong increase helped allay ... 

  • Fed to change timing of policy statement

    The Federal Reserve is changing its schedule for issuing policy statements, a shift that will give Chairman Ben Bernanke an opportunity to better ... 

  • Oil little changed after US supply data

    The price of oil was little changed Wednesday as rising U.S. supplies offset a strong report on U.S. consumer spending that pointed to growing demand ... 

  • US budget deficit jumps in February by $204B

    The U.S. federal budget deficit jumped in February from January, though it is still running well below last year's pace. Higher taxes and an improving ... 

  • Libya's militarized youth feed into economic woes

    More than 18 months since the end of Libya's civil war, the most attractive job for many of the young is still to join a militia. In fact, just under ... 

  • Eurozone to hold special meeting on Cyprus

    The finance ministers of the 17 euro countries will hold a special meeting this week to discuss a much-delayed bailout package for Cyprus, but ... 

  • Bill Flores, Scott Garrett

    Ryan's budget: GOP takes aim at Dem spending plans

    House Republicans redoubled their efforts to roll back signature accomplishments of President Barack Obama on Tuesday, offering a slashing budget plan ... 

  • Keith Alexander

    Pentagon forming cyber teams to prevent attacks

    The Defense Department is establishing a series of cyber teams charged with carrying out offensive operations to combat the threat of an electronic ... 

  • Israel's ultra-Orthodox suddenly are outsiders

    As Israel's new government takes shape, the country's powerful ultra-Orthodox Jewish political parties seem poised to find themselves in unfamiliar ... 

  • Obama likely to release budget in early April

    The White House says President Barack Obama will likely release his federal budget outline the week of April 8. That's more than two months late. 

  • Erskine Bowles, Alan Simpson

    Gov't finances are improving over the short term

    The annual federal budget deficit is sinking out of $1 trillion-plus nosebleed territory where it has hovered for the past four years. 

  • UK industrial output unexpectedly falls in January

    British industrial production fell sharply in January, official figures showed Tuesday, raising fears that the country will suffer its third recession ... 

  • Barbara Mikulski

    Senate Democrats unveil government funding bill

    Top Senate Democrats and Republicans Monday night released a catchall government funding bill that denies President Barack Obama new money for ... 

  • Egypt's fuel crisis adds to its economic woes

    At 5:00 am, Egyptian truck driver Allam Mahmoud hurried to a Cairo gas station and joined an already long, snaking line. He says he hopes that by the ... 

  • Asia stocks rise after strong US jobs report

    A strong U.S. jobs report helped propel Asian stock markets higher on Monday. The U.S. government reported that the unemployment rate fell to 7. 

  • Paul Ryan

    Lawmakers: Obama wooing might break budget logjam

    Republican lawmakers said Sunday they welcome President Barack Obama's courtship and suggested the fresh engagement between the White House and ... 

  • Max Baucus, Orrin Hatch

    Congress wants role as Obama pushes trade agenda

    The Obama administration has embarked on an aggressive trade agenda that could lower barriers and increase U.S. exports to many of the economic giants ... 

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