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US factories see best growth since June 2011
U.S. manufacturing expanded in February at the fastest pace since June 2011, buoyed by increases in new orders and production. The third straight ...
Italy behind rise in eurozone jobless to record
Italy's voters gave their verdict on the austerity medicine they've been forced to take when they went to the polls earlier this week. By Friday, one ...
US factories grow at fastest pace since June 2011
U.S. manufacturing expanded in February at the fastest pace since June 2011, buoyed by increases in new orders and production. The third straight ...
Army GI says he leaked secrets to spark war debate
After almost three years in custody, the Army private accused in the biggest leak of classified material in U.S. history said he did it because he ...
Workers anxious as cuts set to take effect
They don't care which side caused Washington's latest crisis. Five hundred miles from Capitol Hill, the men and women of the Portsmouth Naval Shipyard ...
Ford to sell cars and pickup trucks in Myanmar
Ford Motor Co. has signed a deal to distribute cars and pickup trucks in Myanmar, the head of Ford's local partner said. The automaker's first ...
Cuts imminent, Senate rejects stopgap efforts
Squabbling away the hours, the Senate swatted aside last-ditch plans to block $85 billion in broad-based federal spending reductions Thursday as ...
Freddie Mac posts $4.5B net income for Q4
Mortgage giant Freddie Mac earned $4.5 billion from October through December, its fifth straight profitable quarter. The government-controlled company ...
A sturdier US economy can withstand budget cuts
As economic policy goes, experts say, the automatic spending cuts that kick in Friday are — to use a technical term — bone-headed. Fortunately, the ...
GOP kills Senate Democratic plan to replace cuts
Senate Republicans have killed a plan backed by President Barack Obama to replace $111 billion in government spending cuts this year with a new ...
US economy barely grew in Q4, but rebound likely
The weakest quarter for the U.S. economy in nearly two years may end up being a temporary lull. Economists think growth has begun to pick up on the ...
Egypt invites IMF to resume loan talks
Egypt's government said Thursday that it invited an International Monetary Fund delegation to the country in March to resume talks on a $4.8 billion ...
EU agrees to limit banker bonuses
Top European Union officials have agreed to slap a strict limit on bankers' bonuses, which have been blamed for encouraging the risk-taking behavior ...
India's budget to push growth, rein in inflation
India's finance minister Thursday unveiled a national budget with a promise to put Asia's third largest economy back on a path of high growth and to ...
Dutch deficit on path to break European rules
Dutch government deficit spending is set to break European limits in both 2013 and 2014, a development that may compel Finance Minister Jeroen ...
ADB president nominated to head Japan central bank
Japan's prime minister Shinzo Abe vowed to push ahead with more aggressive monetary easing as he Thursday nominated Haruhiko Kuroda to head the ...
Asia stocks rise on growth hopes, BOJ pick
Asian stock markets rose Thursday as positive economic indicators and the nomination of a pro-stimulus Bank of Japan chief bolstered hopes for faster ...
Lew set to start at Treasury as budget cuts loom
Jacob Lew is scheduled to be sworn in Thursday as Treasury secretary and will have to hit the ground running. He is taking over the job just a day ...
Republican losses obscure US drift to right
Republican angst over presidential election losses obscures the fact that many conservative ideals have prospered for decades. Conservative efforts ...
Senate Dems' bill light on deficit cuts in 2013
White House-backed legislation in the Senate to replace $85 billion in across-the-board spending cuts would raise the deficit through the end of the ...
As budget cuts loom, is government shutdown next?
With big, automatic budget cuts about to kick in, House Republicans are turning to mapping strategy for the next showdown just a month away, when a ...
World powers coax Iran into saving nuclear talks
World powers offered broader concessions than ever to Iran in attempts Wednesday to keep alive diplomatic channels that seek to rein in the Islamic ...
Americans yawn at budget cut hype
President Barack Obama is pulling out all the stops to warn just what could happen if automatic budget cuts kick in. Americans are reacting with a ...