US economy grew at 3.1 percent in summer
The U.S. economy grew at an annual rate of 3.1 percent over the summer as exports increased, consumers spent more and state and local governments ...
Government prepares to sell General Motors stock
The U.S. government's short stint in the auto business is coming to an end. The Treasury Department said Wednesday that it will sell its remaining ...
Cuts to ranks may shock, but it's happened before
A war over, the Army heeds Congress' demands to cuts costs by paring its ranks. But the nation's economy is weak, and unemployment rates are high.
German business confidence up more than expected
A key measure of German business optimism rose slightly more than expected in December, suggesting Europe's largest economy will avoid a recession ...
Dutch government's think-tank in recession call
The Dutch government's financial think-tank has joined the central bank in forecasting a recession in 2013 as a result of waning global trade ...
UK central bank panel remains cool on stimulus
Minutes to the Bank of England's last rate-setting meeting show little enthusiasm for another monetary stimulus. They show that David Miles was the ...
US current account deficit fell in third quarter
The U.S. current account trade deficit narrowed in the July-September quarter to the smallest level since late 2010, but the improvement may not last.
Could a budget fight rattle the bond market?
On the road and in financial markets, it pays to ask somebody with a good sense of direction. Two years ago, most of Wall Street's economists believed ...
Spain's house prices keep tumbling
Spain's ailing property market showed little sign of recovery Friday, with the latest figures showing house prices were down some 15 percent in the ...
Asia stocks stutter as Japan confidence falls
Asian stock markets stuttered Friday after a survey showed a sharp drop in Japanese business confidence and a lack of progress in U.S.
Japan election puts spotlight on reviving economy
It's the $6 trillion question: how to jolt Japan out of its 20-year economic slump. The dozen or so parties vying in a Dec. 16 parliamentary election ...
Fed projects high unemployment for next 3 years
The Federal Reserve projects the unemployment rate will stay elevated until late 2015, suggesting it will keep short-term interest rates low for the ...
US budget deficit reaches $172B in November
The U.S. federal government's budget deficit widened in November compared to October, a sign that the nation is on a path to its fifth straight $1 ...
Eurozone industrial output in surprise slump
Industrial production across the 17 European Union countries that use the euro unexpectedly slumped in October, official figures showed Wednesday, in ...
US economy could withstand brief fall off 'cliff'
It's the scenario that's been spooking employers and investors and slowing the U.S. economy: Congress and the White House fail to strike a budget deal ...
Asia stocks gain, unfazed by NKorea rocket launch
Asian stock markets rose Wednesday as a German business confidence survey alleviated concerns that Europe's largest economy might fall into recession.
Oil prices rise as Federal Reserve meeting starts
Oil moved a little higher as a meeting of the Federal Reserve got under way Tuesday. Benchmark oil rose 23 cents to finish at $85.79 per barrel in New ...
GOP throws Obama's old deficit stands back at him
Some of the best Republican arguments against President Barack Obama's proposals to avoid a "fiscal cliff" come from the president himself, in ...
Oil edges up as Germany seen dodging recession
The price of oil edged up to around $86 a barrel on Tuesday as markets got a boost from a survey indicating that German investors believe Europe's ...
German investor optimism up more than expected
An index of German investor optimism rose more than expected in December, suggesting market professionals think Europe's largest economy will avoid ...
Fiscal cliff stalemate spurs anxiety in states
A plunge over the federal "fiscal cliff" may sound like a terrifying risk for many state officials anxiously watching as Washington struggles to avert ...
Italy's PM says he intends to quit over crisis
Premier Mario Monti told the Italian president Saturday he is resigning soon, saying he can no longer govern after Silvio Berlusconi's party withdrew ...
Berlusconi in comeback bid to become Italy premier
Billionaire media baron Silvio Berlusconi, who resigned in disgrace with Italy tottering through the European debt crisis, announced Saturday he was ...
Apple holds back S&P, Nasdaq; Dow ends higher
Apple spoiled the stock market's party on Friday. Stocks shot higher in the early morning, after the government reported that the U.S. added jobs in ...
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