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Economic policy

  • Japan industrial production up 2.5 percent in Dec.

    Japan's industrial production picked up pace in December from the month before, in a sign the world's third-largest economy may be stabilizing thanks ... 

  • Congress sends bill to Obama averting govt default

    Congress sent President Barack Obama drama-free legislation on Thursday raising the debt ceiling, averting a government default and putting off the ... 

  • Dow logs best January in nearly 2 decades

    The Dow logged its best start to the year in almost two decades. Stocks rallied in the first week of the year after U.S. lawmakers reached a deal to ... 

  • Shawn Patel, Chris Ghiathi

    US consumer spending up slight 0.2 percent

    U.S. consumers increased their spending in December at a slower pace, while their income grew by the largest amount in eight years. Income surged ... 

  • Norma Ubario, America Rodriguez

    Weekly US jobless aid applications rise to 368K

    The number of Americans seeking unemployment aid rose sharply last week but remained at a level consistent with moderate hiring. Weekly applications ... 

  • Greek doctors, public transport workers on strike

    Greek doctors, port workers and public transport staff in the country's capital walked off the job Thursday in strikes against deeply unpopular ... 

  • Barack Obama

    Economic jitters compete with Obama agenda

    Just as President Barack Obama is pushing new initiatives on gun control and immigration, the gloomy old problem of a sluggish economy is elbowing its ... 

  • Harry Reid

    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 ... 

  • 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 ... 

  • 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 ... 

  • 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 ... 

  • 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. 

  • Futures slide on meager growth figures

    Stock futures slid Wednesday after the government revealed that economic growth in the U.S. shrank in the final quarter of 2012, the first time that ... 

  • 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 ... 

  • Ben Bernanke

    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 ... 

  • US consumers less optimistic after tax increase

    An increase in Social Security taxes is leaving Americans with less take-home pay — and a more negative outlook for the U.S. economy. The Conference ... 

  • Reid: Replace automatic cuts in short increments

    The top Democrat in the Senate said Tuesday that lawmakers should redouble their efforts to replace looming across-the-board cuts to the Pentagon and ... 

  • Ben Bernanke

    Fed likely to stick to low-rate message this week

    When the Federal Reserve meets this week, it's likely to affirm a message it intends to help lift the economy: that consumers and businesses will be ... 

  • Stanley Fischer

    Israel central bank chief to step down in June

    The governor of Israel's central bank, widely credited with steering the nation's economy safely through years of world financial turmoil, resigned ... 

  • Russia likely to contribute to Cyprus bailout

    Russia is likely to contribute money to a rescue package that Cyprus is trying to finalize with eurozone partners, the cash-strapped country's finance ... 

  • Barack Obama

    THE RESET: Bernanke keeping foot on stimulus pedal

    Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off ... 

  • Obama says he'll sign $50.5B Sandy aid bill soon

    President Barack Obama said he'll sign a $50.5 billion emergency relief measure for Superstorm Sandy victims as soon as it lands on his desk. 

  • India cuts key interest rate by quarter point

    India's central bank cut its key interest rate by a quarter percentage point to 7.75 percent Tuesday, aiming to boost flagging growth in Asia's ... 

  • Charles Schumer, Kirsten Gillibrand

    Congress passes $50.5B Superstorm Sandy aid bill

    Three months after Superstorm Sandy ravaged coastal areas in much of the Northeast, Congress on Monday sent a $50.5 billion emergency relief measure ... 

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