Italian policemen shot near new gov't swearing-in
In the very moments Italy's new coalition government was being sworn in, ending months of political paralysis in a country hoping to revive a bleak ...
After near-stall in late 2012, US economy picks up
After nearly stalling in late 2012, the American economy quickened its pace early this year despite deep government cutbacks. The strongest consumer ...
US economy accelerates at 2.5 percent rate in Q1
Americans shrugged off higher taxes to lift the U.S. economy at the start of the year. Government spending fell, though, and the impact of the tax ...
Spain's jobless above 6 million for first time
With more than 6 million unemployed for the first time ever, Spain's jobless rate shot up to a record 27.2 percent in the first quarter of 2013, the ...
Italy premier-designate short of securing support
Italy's premier-designate, Enrico Letta, said candidly Thursday he is still short of securing support for a ruling coalition after Silvio Berlusconi's ...
Portugal celebrates revolution, attacks austerity
Tens of thousands of Portuguese are marching through towns and cities in annual commemorations of the 1974 Carnation Revolution, which ousted a ...
Britain dodges recession as economy grew in Q1
Britain has given the slip to the Triple Dip. The U.K. dodged a third recession after official figures showed the economy grew 0.3 percent in the ...
Top ECB official cautions: rate cuts have costs
A top European Central Bank official warned Thursday that another interest rate cut might not be much help for eurozone countries in recession — ...
Survey: Americans felt more secure in jobs in 2012
Confidence in the U.S. job market has rebounded to roughly a normal level from its record low after the Great Recession, a trend that could help boost ...
Recession doesn't change students' econ savvy
The Wall Street meltdown of 2008 and the ensuing recession did little to help make high school seniors financially savvy and less than half of them ...
Ford's first quarter profit up 15 pct to $1.6b
Ford Motor Co.'s first-quarter profit rose 15 percent to a $1.6 billion thanks to record earnings in North America and strong sales in China.
European recession hits major car makers
Europe's stubborn recession cut deeply into profits at major automakers Ford, Volkswagen and Daimler, first-quarter results showed Wednesday as the ...
UK in dark mood as new recession may be confirmed
Recession may just be a word. But in Britain it may become a habit — and a dangerous one at that. It's possible that official figures on first quarter ...
US immigration bill could slow Indian outsourcers
Low cost efficiency put India's outsourcing companies at the heart of global business and created a multibillion dollar industry that for years has ...
Bailed-out Portugal puts focus on growth policies
After two years of relentless austerity and steep recession, bailed-out Portugal's government is adopting new measures to spur growth. The government ...
Germany rejects EU hint at easing austerity drive
Germany on Tuesday defended the policy of tightening the budgets in a number of European countries despite a blunt warning from a top European Union ...
Spain central bank: recession continued in Q1
Spain's recession continued in the first three months of the year, with the economy shrinking by 0.5 percent, its seventh quarterly contraction, the ...
Bernanke to miss conference, hinting at departure
Ben Bernanke is intensifying speculation that this year will be his last as Federal Reserve chairman by deciding to skip the Fed's annual August ...
European austerity yields meager results in 2012
The austerity pain pursued by a number of European countries led to very little gain in 2012. Figures Monday from Eurostat, the European Union's ...
Poll: Public pessimism on economy is increasing
For the third year in a row, the nation's economic recovery has hit a springtime soft spot. Reflecting that weakness, only 1 in 4 Americans now ...
IMF chief says global pro-growth policies needed
The head of the International Monetary Fund says the United States, Europe, Japan and China all need to make adjustments to their current economic ...
Number of new companies fell with unemployment
Fewer people are starting small businesses now that the job market is looking better. The number of companies started in 2012 fell along with the ...
European car sales plummet, even in solid Germany
Europe's auto market is in freefall. Once the motor for Europe's economy, the car industry has fallen victim to the region's widening recession and ...
Superman's 75th puts spotlight on Cleveland roots
Superman's 75th anniversary is giving his creators' blue-collar hometown a renewed chance to claim the superhero as its own. Fans hope Thursday's ...
Greece sticks with austerity, seeks debt relief
Greece promised Tuesday to stick with tough austerity measures, holding out hope for a debt relief deal with emergency creditors, but the country's ...
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