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News WSJ.com: Economy
2012-02-07 02:37:
Obama will release a familiar budget plan next week, calling for $3 trillion in deficit reductions over 10 years, including $1.5 trillion in tax increases to fall mostly on the wealthiest Americans.
Budget Plan Has Familiar Ring
Obama will release a familiar budget plan next week, calling for $3 trillion in deficit reductions over 10 years, including $1.5 trillion in tax increases to fall mostly on the wealthiest Americans.
2012-02-06 17:08:
The International Monetary Fund urged China to run a federal deficit of 2% of GDP rather than looking to reduce the country's deficit as planned, given the uncertainty in the global economy.
IMF Urges Beijing to Ready Bold Moves
The International Monetary Fund urged China to run a federal deficit of 2% of GDP rather than looking to reduce the country's deficit as planned, given the uncertainty in the global economy.
2012-02-06 15:39:
Federal and state officials aim to wrap up this week a multibillion-dollar agreement with five major banks to settle probes of alleged foreclosure abuses.
Foreclosure Deal Is Closer
Federal and state officials aim to wrap up this week a multibillion-dollar agreement with five major banks to settle probes of alleged foreclosure abuses.
2012-02-06 01:39:
State-run entities that expanded over the past decade to provide affordable homeowners insurance in hurricane-threatened Florida are in danger of becoming so big they threaten to wreak havoc on the local economy.
Storm Clouds Gather Over Florida Insurers
State-run entities that expanded over the past decade to provide affordable homeowners insurance in hurricane-threatened Florida are in danger of becoming so big they threaten to wreak havoc on the local economy.
2012-02-06 01:30:
Office-building construction is in the midst of a severe drought. This means higher rents may be on the horizon in some cities, if history is any guide.
Less Building Now, Higher Office Rents Later
Office-building construction is in the midst of a severe drought. This means higher rents may be on the horizon in some cities, if history is any guide.
2012-02-05 17:40:
Japan's central bank is coming under renewed political pressure to weaken the yen, even after the government was criticized by the U.S. for intervening.
Pressure Mounts on BOJ to Weaken Yen
Japan's central bank is coming under renewed political pressure to weaken the yen, even after the government was criticized by the U.S. for intervening.
2012-02-04 15:54:
The Fed is unlikely to change its plans to keep rates low until it sees more evidence to add to January's strong jobs figures that growth is ramping up.
Fed Likely to Keep Rates Low, Despite Jobs News
The Fed is unlikely to change its plans to keep rates low until it sees more evidence to add to January's strong jobs figures that growth is ramping up.
2012-02-04 07:11:
Chinese Premier Wen Jiabao sought to assuage concerns over Chinese investment in Europe, saying China has no intention to "buy" the continent.
China Tamps Down Europe Aid Fears
Chinese Premier Wen Jiabao sought to assuage concerns over Chinese investment in Europe, saying China has no intention to "buy" the continent.
2012-02-04 05:12:
Chinese Premier Wen Jiabao sought to assuage concerns over Chinese investment in Europe, saying China has no intention to "buy" the continent.
Wen Rejects Fears China Is Out to 'Buy' Europe
Chinese Premier Wen Jiabao sought to assuage concerns over Chinese investment in Europe, saying China has no intention to "buy" the continent.
2012-02-04 02:23:
Friday's jobs report showed broad-based hiring in January, with private-sector employers from nearly all industries adding workers.
Recovery Redraws Labor Landscape
Friday's jobs report showed broad-based hiring in January, with private-sector employers from nearly all industries adding workers.
2012-02-04 01:10:
A few more months of strong jobs reports like the one released Friday, and the Federal Reserve might need to draw up a new game plan. For now, though, Fed Chairman Ben Bernanke seems unlikely to rewrite his script for the central bank.
Fed Likely to Retain Low-Rate Stance
A few more months of strong jobs reports like the one released Friday, and the Federal Reserve might need to draw up a new game plan. For now, though, Fed Chairman Ben Bernanke seems unlikely to rewrite his script for the central bank.
2012-02-03 21:55:
The New York Fed is asking for bids on some $6 billion in residential mortgage-backed securities from its Maiden Lane II portfolio it took on as part of the 2008 bailout of American International Group.
Fed May Sell More AIG Bonds as Risk Hunger Picks Up
The New York Fed is asking for bids on some $6 billion in residential mortgage-backed securities from its Maiden Lane II portfolio it took on as part of the 2008 bailout of American International Group.
2012-02-03 20:33:
Brazil's real climbed against the dollar after strong U.S. jobs figures outweighed the central bank's intervention in an attempt to weaken the currency.
Brazilian Currency Strengthens Despite Intervention
Brazil's real climbed against the dollar after strong U.S. jobs figures outweighed the central bank's intervention in an attempt to weaken the currency.
2012-02-03 19:45:
New York's attorney general sued BofA, J.P. Morgan and Wells Fargo over a private national mortgage registry system, contending it has resulted in a wide range of deceptive and fraudulent foreclosure filings.
Banks Sued Over Mortgage Registry
New York's attorney general sued BofA, J.P. Morgan and Wells Fargo over a private national mortgage registry system, contending it has resulted in a wide range of deceptive and fraudulent foreclosure filings.
2012-02-03 19:08:
The rainy-day funds that U.S. banks have been tapping to boost their earnings could soon begin to dry up, and that doesn't bode well for bank profits.
Banks Deplete Earnings Backstop
The rainy-day funds that U.S. banks have been tapping to boost their earnings could soon begin to dry up, and that doesn't bode well for bank profits.
2012-02-03 17:11:
Employers in Canada hired far fewer workers than expected in January, and the jobless rate rose unexpectedly to 7.6%, the highest level since April 2011.
Canada Jobless Rate Rises Unexpectedly
Employers in Canada hired far fewer workers than expected in January, and the jobless rate rose unexpectedly to 7.6%, the highest level since April 2011.
2012-02-03 16:50:
Brazil's central bank validated investor suspicions that authorities are growing uncomfortable with the local currency's recent appreciation against the U.S. dollar and stepped into the market to try to weaken the real for the first time in five months.
Brazil Central Bank Intervenes to Weaken Real
Brazil's central bank validated investor suspicions that authorities are growing uncomfortable with the local currency's recent appreciation against the U.S. dollar and stepped into the market to try to weaken the real for the first time in five months.
2012-02-03 15:21:
The labor market grew in January at its most robust pace since last spring, adding 243,000 jobs, in a sign that the economy's momentum carried into the new year.
Jobs Data Show Growth Is Sustained
The labor market grew in January at its most robust pace since last spring, adding 243,000 jobs, in a sign that the economy's momentum carried into the new year.
2012-02-03 15:12:
The labor market grew in January at its most robust pace since last spring, adding 243,000 jobs, in a sign that the economy's momentum carried into the new year.
Jobs Data Show Sustained Growth
The labor market grew in January at its most robust pace since last spring, adding 243,000 jobs, in a sign that the economy's momentum carried into the new year.
2012-02-03 14:39:
The labor market grew in January at its most robust pace since last spring, adding 243,000 jobs, in a sign that the economy's momentum carried into the new year.
Economy Adds 243,000 Jobs
The labor market grew in January at its most robust pace since last spring, adding 243,000 jobs, in a sign that the economy's momentum carried into the new year.
2012-02-03 06:05:
Fed Chairman Bernanke warned lawmakers of the importance of the need to address the fiscal challenges facing the U.S.
Bernanke Questioned On Fed Policies
Fed Chairman Bernanke warned lawmakers of the importance of the need to address the fiscal challenges facing the U.S.
2012-02-03 04:48:
With the expiration of a federal program designed to compensate Oregonians for falling timber sales, counties statewide are losing an allotment that has totaled $2.6 billion since 2000. That puts Curry County in a bind.
Without Timber Money, Budgets Face Buzzsaw
With the expiration of a federal program designed to compensate Oregonians for falling timber sales, counties statewide are losing an allotment that has totaled $2.6 billion since 2000. That puts Curry County in a bind.
2012-02-03 02:05:
Fed Chairman Bernanke warned lawmakers of the importance of the need to address the fiscal challenges facing the U.S.
Bernanke Questioned On Fed's New Policies
Fed Chairman Bernanke warned lawmakers of the importance of the need to address the fiscal challenges facing the U.S.
2012-02-02 18:56:
Average mortgage rates in the U.S. dropped to more record lows over the past week, according to Freddie Mac's weekly survey of mortgage rates, after data on the nation's economic growth fell short of market forecasts.
Mortgage Rates Plumb New Lows
Average mortgage rates in the U.S. dropped to more record lows over the past week, according to Freddie Mac's weekly survey of mortgage rates, after data on the nation's economic growth fell short of market forecasts.
2012-02-02 17:30:
Fed Chairman Bernanke warned lawmakers of the importance of the need to address the fiscal challenges facing the U.S.
Bernanke: U.S. Must Address Fiscal Issues
Fed Chairman Bernanke warned lawmakers of the importance of the need to address the fiscal challenges facing the U.S.
2012-02-02 16:37:
Irish voters have developed a habit of rejecting European Union treaties, but should they do so again, the consequences could be dire.
Irish Weigh Up Referendum Risks
Irish voters have developed a habit of rejecting European Union treaties, but should they do so again, the consequences could be dire.
2012-02-02 12:10:
Spain's treasury benefited from market confidence, raising slightly more than its planned amount of cash via a government bond sale at lower borrowing costs.
Spanish Bond Yields Fall
Spain's treasury benefited from market confidence, raising slightly more than its planned amount of cash via a government bond sale at lower borrowing costs.
2012-02-02 04:40:
Obama is betting his latest proposal to aid the housing market will fare better than earlier efforts, despite congressional opposition.
Mortgage Plan Draws GOP Opposition
Obama is betting his latest proposal to aid the housing market will fare better than earlier efforts, despite congressional opposition.
2012-02-02 03:35:
A long-awaited agreement to restructure more than ?200 billion ($262 billion) of Greek government bonds in private hands is being held up in large part by big differences between two of Greece's official creditors: the International Monetary Fund and Germany.
Germany-IMF Rift Stalls Greece Deal
A long-awaited agreement to restructure more than ?200 billion ($262 billion) of Greek government bonds in private hands is being held up in large part by big differences between two of Greece's official creditors: the International Monetary Fund and Germany.
2012-02-02 02:38:
Lawsuits accusing a number of U.S. law schools of fudging post-graduate employment statistics were filed amid mounting controversy over the high cost of tuition and grim job prospects for debt-laden graduates.
Law Grads Claim Schools Misled
Lawsuits accusing a number of U.S. law schools of fudging post-graduate employment statistics were filed amid mounting controversy over the high cost of tuition and grim job prospects for debt-laden graduates.
2012-02-02 01:20:
President Obama, in announcing a program to help struggling homeowners refinance their mortgages, is betting this plan will fare better than his administration's earlier efforts to fix the housing market. He also may be betting that it's good politics, setting up a contrast with Republicans.
Mortgage Plan Draws Republican Opposition
President Obama, in announcing a program to help struggling homeowners refinance their mortgages, is betting this plan will fare better than his administration's earlier efforts to fix the housing market. He also may be betting that it's good politics, setting up a contrast with Republicans.
2012-02-02 00:54:
Oil and gas propelled resource-rich states through the recession, while manufacturing losses and the housing bust ripped a hole in the Rust Belt that has yet to be repaired.
Oil Patch Bucks Income Drop
Oil and gas propelled resource-rich states through the recession, while manufacturing losses and the housing bust ripped a hole in the Rust Belt that has yet to be repaired.
2012-02-02 00:52:
Lawsuits accusing a dozen U.S. law schools of fudging post-graduate employment statistics were filed amid mounting controversy over the high cost of tuition and grim job prospects for debt-laden graduates.
Suits Accuse Law Schools of Misleading Students
Lawsuits accusing a dozen U.S. law schools of fudging post-graduate employment statistics were filed amid mounting controversy over the high cost of tuition and grim job prospects for debt-laden graduates.
2012-02-02 00:29:
A long-awaited agreement to restructure more than ?200 billion ($262 billion) of Greek government bonds in private hands is being held up in large part by big differences between two of Greece's official creditors: the International Monetary Fund and Germany.
Germany-IMF Rift Stalls Greece Deal
A long-awaited agreement to restructure more than ?200 billion ($262 billion) of Greek government bonds in private hands is being held up in large part by big differences between two of Greece's official creditors: the International Monetary Fund and Germany.
2012-02-02 00:17:
The U.S. manufacturing sector expanded in January, while separate gauges of manufacturing around the globe firmed up despite the threat of recession in Europe and a recent cooling of Asian economies.
World's Factories Pick Up the Pace
The U.S. manufacturing sector expanded in January, while separate gauges of manufacturing around the globe firmed up despite the threat of recession in Europe and a recent cooling of Asian economies.
2012-02-01 21:44:
Lawmakers came to quick agreement that Congress should extend a payroll-tax break for the remainder of the year, but Democrats cautioned that disagreements over how to offset the cost could still derail the consensus.
Both Sides Back Payroll-Tax Cut
Lawmakers came to quick agreement that Congress should extend a payroll-tax break for the remainder of the year, but Democrats cautioned that disagreements over how to offset the cost could still derail the consensus.
2012-02-01 20:35:
Democratic senators introduced a bill based on Obama's proposed "Buffett rule" that would require the wealthiest Americans to pay at least 30% in taxes.
Democrats Push 'Buffett Rule' Bill
Democratic senators introduced a bill based on Obama's proposed "Buffett rule" that would require the wealthiest Americans to pay at least 30% in taxes.
2012-02-01 20:23:
The president announced a fresh bid to revive housing by letting millions of homeowners refinance their mortgages, despite likely congressional opposition.
Obama Pushes Plan to Revive Housing
The president announced a fresh bid to revive housing by letting millions of homeowners refinance their mortgages, despite likely congressional opposition.
2012-02-01 20:14:
The president announced a fresh bid to revive housing by letting millions of homeowners refinance their mortgages, despite likely congressional opposition.
Obama Unveils Refinancing Plan
The president announced a fresh bid to revive housing by letting millions of homeowners refinance their mortgages, despite likely congressional opposition.
2012-02-01 20:00:
Oil and gas propelled resource-rich states through the recession, while manufacturing losses and the housing bust ripped a hole in the Rust Belt that has yet to be repaired.
Incomes Climb in Energy-Rich States
Oil and gas propelled resource-rich states through the recession, while manufacturing losses and the housing bust ripped a hole in the Rust Belt that has yet to be repaired.
2012-02-01 18:59:
Lawmakers came to quick agreement Wednesday that Congress should extend a payroll-tax break for the remainder of the year, but Democrats cautioned that disagreements over how to offset the cost could still derail the consensus.
Payroll-Tax-Cut Extension Gets Bipartisan Backing
Lawmakers came to quick agreement Wednesday that Congress should extend a payroll-tax break for the remainder of the year, but Democrats cautioned that disagreements over how to offset the cost could still derail the consensus.
2012-02-01 18:36:
The president announced a fresh bid to revive housing by letting millions of homeowners refinance their mortgages, despite likely congressional opposition.
Obama Announces Refinancing Plan
The president announced a fresh bid to revive housing by letting millions of homeowners refinance their mortgages, despite likely congressional opposition.
2012-02-01 11:46:
Asia's manufacturing sector showed signs of improving health in January, with China's official gauge of manufacturing activity coming in higher than expected.
Asia Manufacturing Picture Improves
Asia's manufacturing sector showed signs of improving health in January, with China's official gauge of manufacturing activity coming in higher than expected.
2012-02-01 09:31:
U.K. house prices slipped again in January as demand for property remained weak amid a contracting economy and uncertain outlook.
U.K. House Prices Fell in January
U.K. house prices slipped again in January as demand for property remained weak amid a contracting economy and uncertain outlook.
2012-02-01 03:52:
United Parcel Service said Tuesday that domestic package shipments are rising at a brisk pace, countering a sluggish international market clouded by weakness in Europe and Asia.
UPS's U.S. Gains Offset Weakness in Asia
United Parcel Service said Tuesday that domestic package shipments are rising at a brisk pace, countering a sluggish international market clouded by weakness in Europe and Asia.
2012-02-01 02:03:
The federal budget deficit likely will top $1 trillion for the fourth consecutive year in fiscal 2012 as economic growth remains sluggish, the CBO predicted.
Deficit Again Set to Top $1 Trillion
The federal budget deficit likely will top $1 trillion for the fourth consecutive year in fiscal 2012 as economic growth remains sluggish, the CBO predicted.
2012-02-01 00:31:
Federal Reserve Bank of New York President William Dudley owned $120,000 worth of shares in GE and $2,000 in shares of AIG in September 2008, when Mr. Dudley was involved in government efforts to support those and other firms.
Fed's Dudley Details 2008 Holdings
Federal Reserve Bank of New York President William Dudley owned $120,000 worth of shares in GE and $2,000 in shares of AIG in September 2008, when Mr. Dudley was involved in government efforts to support those and other firms.
2012-01-31 19:40:
UPS executives forecast slower global economic growth in 2012 but offered a relatively upbeat U.S. outlook. The shipping giant also said its earnings dropped 29% on a hefty charge.
UPS's Profit Slides
UPS executives forecast slower global economic growth in 2012 but offered a relatively upbeat U.S. outlook. The shipping giant also said its earnings dropped 29% on a hefty charge.
2012-01-31 18:28:
More yuan deposits than in any previous month flowed out of Hong Kong in December as more importers paid their mainland suppliers in the currency, taking advantage of efforts by Beijing to make it easier to move funds back to China.
Tide of Yuan Ebbs in Hong Kong
More yuan deposits than in any previous month flowed out of Hong Kong in December as more importers paid their mainland suppliers in the currency, taking advantage of efforts by Beijing to make it easier to move funds back to China.
2012-01-31 18:24:
Canada's economy shrank unexpectedly in November, suggesting fourth-quarter growth is likely to undershoot the central bank's forecast.
Canada GDP Fell in November
Canada's economy shrank unexpectedly in November, suggesting fourth-quarter growth is likely to undershoot the central bank's forecast.
2012-01-31 17:22:
The federal budget deficit likely will top $1 trillion for the fourth consecutive year in fiscal 2012 as economic growth remains sluggish, the CBO predicted.
Deficit Seen Topping $1 Trillion Again
The federal budget deficit likely will top $1 trillion for the fourth consecutive year in fiscal 2012 as economic growth remains sluggish, the CBO predicted.
2012-01-31 15:47:
U.S. home prices fell again in November, according to the Standard & Poor's Case-Shiller indexes.
Home Prices Tumble
U.S. home prices fell again in November, according to the Standard & Poor's Case-Shiller indexes.
2012-01-31 15:42:
India's economic growth will slow to about 7% this fiscal year through March but will pick up next year as inflation eases and industrial activity improves, two top government advisers said.
Advisers: India Growth to Slow to About 7%
India's economic growth will slow to about 7% this fiscal year through March but will pick up next year as inflation eases and industrial activity improves, two top government advisers said.
2012-01-31 13:19:
U.K. households made a record repayment of personal loans and credit card bills in December, heightening fears the U.K. may slip back into recession.
U.K. Consumers Repay Debt, Money Supply Shrinks
U.K. households made a record repayment of personal loans and credit card bills in December, heightening fears the U.K. may slip back into recession.
2012-01-31 12:52:
Banks in the U.S. kept credit fairly tight in the final months of 2011 even as demand for loans increased, putting a brake on the slow economic recovery.
Survey: Banks Still Cautious to Lend
Banks in the U.S. kept credit fairly tight in the final months of 2011 even as demand for loans increased, putting a brake on the slow economic recovery.
2012-01-31 10:43:
European economic data was mixed, with Italy's jobless rate hitting its highest level in more than a decade and Germany's hitting a record low.
Italy Jobless Rate Rises
European economic data was mixed, with Italy's jobless rate hitting its highest level in more than a decade and Germany's hitting a record low.
2012-01-31 05:34:
Japanese industrial production rose 4% in December from the previous month, as the impact of the flooding in Thailand on Japanese manufacturers began to ease.
Japan Output Beats Forecasts
Japanese industrial production rose 4% in December from the previous month, as the impact of the flooding in Thailand on Japanese manufacturers began to ease.
2012-01-31 02:01:
Incomes ticked up in December but consumers chose to save instead of spend, suggesting a still-cautious outlook that likely has carried into 2012.
Rising Income Is Saved, Not Spent
Incomes ticked up in December but consumers chose to save instead of spend, suggesting a still-cautious outlook that likely has carried into 2012.
2012-01-30 23:08:
China's top economic body set new targets for Shanghai to grow into a global financial hub. But the blueprint doesn't say when foreign firms will be allowed to list there.
China Sees Shanghai as Hub
China's top economic body set new targets for Shanghai to grow into a global financial hub. But the blueprint doesn't say when foreign firms will be allowed to list there.
2012-01-30 14:44:
Incomes picked up during December but Americans chose to increase saving instead of spending.
Incomes Gain, Spending Flat
Incomes picked up during December but Americans chose to increase saving instead of spending.
2012-01-30 14:14:
China's top economic body set new targets for Shanghai to grow into a global financial hub. But the blueprint doesn't say when foreign firms will be allowed to list there.
China Pushes Global Role for Shanghai
China's top economic body set new targets for Shanghai to grow into a global financial hub. But the blueprint doesn't say when foreign firms will be allowed to list there.
2012-01-30 11:36:
The Spanish economy shrank in the last three months of 2011 as government austerity measures crimped spending and Europe's debt crisis drove up financing costs.
Spanish Economy Contracts
The Spanish economy shrank in the last three months of 2011 as government austerity measures crimped spending and Europe's debt crisis drove up financing costs.
2012-01-30 10:20:
Italy's business confidence index fell further in January, reaching its lowest level since November 2009 as expectations about future production worsened.
Italy Business Confidence Falls Again
Italy's business confidence index fell further in January, reaching its lowest level since November 2009 as expectations about future production worsened.
2012-01-30 02:35:
Hawaii has a reason to bask in the sun: Newly compiled figures show the number of visitors to the Aloha State rebounded in 2011 to its highest level since 2007.
Hawaii Says 'Aloha' to More Visitors
Hawaii has a reason to bask in the sun: Newly compiled figures show the number of visitors to the Aloha State rebounded in 2011 to its highest level since 2007.
2012-01-28 09:46:
Prime Minister Yoshihiko Noda said that Japan will continue to invest in bonds issued by the European Financial Stability Facility.
Noda: To Continue Investing in EFSF Bonds
Prime Minister Yoshihiko Noda said that Japan will continue to invest in bonds issued by the European Financial Stability Facility.
2012-01-28 02:26:
New York Attorney General Eric Schneiderman said he is confident his main concern with a pending settlement of alleged bank- foreclosure abuses would be resolved, but he didn't commit to participating in an agreement.
Hope Is Rising for Mortgage Accord
New York Attorney General Eric Schneiderman said he is confident his main concern with a pending settlement of alleged bank- foreclosure abuses would be resolved, but he didn't commit to participating in an agreement.
2012-01-27 23:34:
New York Attorney General Eric Schneiderman Friday said he is confident his main concern with a pending settlement of alleged bank- foreclosure abuses would be resolved, but he didn't commit to participating in an agreement.
U.S. Mortgage Probe Gains
New York Attorney General Eric Schneiderman Friday said he is confident his main concern with a pending settlement of alleged bank- foreclosure abuses would be resolved, but he didn't commit to participating in an agreement.
2012-01-27 20:28:
The U.S. economy grew in the final three months of 2011, but details of the report raised questions about how strong expansion can be this year.
As Economy Posts Growth, Worry Lingers
The U.S. economy grew in the final three months of 2011, but details of the report raised questions about how strong expansion can be this year.
2012-01-27 16:18:
The U.S. economy grew in the final three months of 2011, but details of the report raised questions about how strong expansion can be this year.
U.S. Expands, but Concerns Persist
The U.S. economy grew in the final three months of 2011, but details of the report raised questions about how strong expansion can be this year.
2012-01-27 15:44:
The U.S. economy grew in the final three months of 2011, but details of the report raised questions about how strong expansion can be this year.
U.S. Economy Grows, but Concerns Persist
The U.S. economy grew in the final three months of 2011, but details of the report raised questions about how strong expansion can be this year.
2012-01-27 14:40:
The U.S. economy grew at its fastest pace in more than a year and a half in the final three months of 2011, rising at an annual rate of 2.8%.
U.S. GDP Rises 2.8%
The U.S. economy grew at its fastest pace in more than a year and a half in the final three months of 2011, rising at an annual rate of 2.8%.
2012-01-27 13:42:
The Italian Treasury sold the full amount of debt at its planned bill sales, boosting hopes for an auction of longer-dated paper Monday that will provide a more accurate gauge of demand for the country's bonds.
Italy T-Bill Sale Boosts Hopes for Bond Auction
The Italian Treasury sold the full amount of debt at its planned bill sales, boosting hopes for an auction of longer-dated paper Monday that will provide a more accurate gauge of demand for the country's bonds.
2012-01-27 10:44:
The Indian rupee's recent surge isn't really a sign of--or even backed by--a strong economic recovery, a top government official cautioned.
India Official: Rupee's Rise Not a Sign of Economic Bounceback
The Indian rupee's recent surge isn't really a sign of--or even backed by--a strong economic recovery, a top government official cautioned.
2012-01-27 03:09:
The U.S. economy has taken more than two years to claw its way back to producing the amount of goods and services it did just before the last recession. After slumps, growth usually sprints forward.
Recovery Doesn't Show Typical Growth
The U.S. economy has taken more than two years to claw its way back to producing the amount of goods and services it did just before the last recession. After slumps, growth usually sprints forward.
2012-01-27 02:34:
Defense Secretary Leon Panetta said the defense budget would enable the U.S. to simultaneously fight a land war with North Korea and prevent Iran from closing the Strait of Hormuz, despite cuts.
Panetta Outlines Pentagon Cutbacks
Defense Secretary Leon Panetta said the defense budget would enable the U.S. to simultaneously fight a land war with North Korea and prevent Iran from closing the Strait of Hormuz, despite cuts.
2012-01-27 02:24:
As Indiana moves closer to adopting a right-to-work law, both sides in the debate are zeroing in on the experience of Oklahoma, the last state to ease union-dues requirements under a similar law.
Both Sides in Labor Fight Point to Oklahoma
As Indiana moves closer to adopting a right-to-work law, both sides in the debate are zeroing in on the experience of Oklahoma, the last state to ease union-dues requirements under a similar law.
2012-01-27 00:58:
American businesses stepped up their spending going into the new year, propelled by an economic upswing that has yet to lift much of the housing market.
Businesses Ramp Up Spending on Goods
American businesses stepped up their spending going into the new year, propelled by an economic upswing that has yet to lift much of the housing market.
2012-01-26 16:46:
U.K. retail sales plunged in January as shoppers reined in spending after Christmas, an industry survey showed. The survey results will heighten concerns the U.K. economy may be heading into recession.
U.K. Retail Sales Raise Fears
U.K. retail sales plunged in January as shoppers reined in spending after Christmas, an industry survey showed. The survey results will heighten concerns the U.K. economy may be heading into recession.
2012-01-26 14:50:
U.K. retail sales plunged in January as shoppers reined in spending after Christmas, an industry survey showed. The survey results will heighten concerns the U.K. economy may be heading into recession.
U.K. Retail Sales Raise Recession Fears
U.K. retail sales plunged in January as shoppers reined in spending after Christmas, an industry survey showed. The survey results will heighten concerns the U.K. economy may be heading into recession.
2012-01-26 08:36:
Singapore's manufacturing output beat expectations, suggesting the economy's resilience in the face of Europe's sovereign debt crisis.
Manufacturing Bolsters Singapore Growth
Singapore's manufacturing output beat expectations, suggesting the economy's resilience in the face of Europe's sovereign debt crisis.
2012-01-26 08:32:
German consumers remain upbeat about the country's economic prospects, despite the threat of the European debt crisis, the consumer research firm GfK reported.
German Consumer Mood High
German consumers remain upbeat about the country's economic prospects, despite the threat of the European debt crisis, the consumer research firm GfK reported.
2012-01-26 06:39:
Romney attacked Obama's stewardship of the economy, while a new Wall Street Journal/NBC News poll raised caution signs on the strategy.
Economic Gains Aid Obama
Romney attacked Obama's stewardship of the economy, while a new Wall Street Journal/NBC News poll raised caution signs on the strategy.
2012-01-26 04:31:
Helped by favorable foreign exchange rates and a supply of affordable labor, the U.S. has emerged as a surprisingly competitive producer of cars and trucks, and a favored location for making vehicles to be exported.
Auto Makers Turn to U.S. Plants
Helped by favorable foreign exchange rates and a supply of affordable labor, the U.S. has emerged as a surprisingly competitive producer of cars and trucks, and a favored location for making vehicles to be exported.
2012-01-26 04:14:
The U.S. Department of Agriculture released a new map of the nation's growing zones that confirms what many gardeners and farmers already know: Winters are warmer.
Plant-Zone Map a Boon to Growers
The U.S. Department of Agriculture released a new map of the nation's growing zones that confirms what many gardeners and farmers already know: Winters are warmer.
2012-01-26 03:14:
The U.K. appears at risk of recession after official data showed the economy shrank in the fourth quarter of 2011, complicating the government's goal of tackling the budget deficit.
U.K. Risks Recession as Output Contracts
The U.K. appears at risk of recession after official data showed the economy shrank in the fourth quarter of 2011, complicating the government's goal of tackling the budget deficit.
2012-01-26 02:33:
Romney attacked Obama's stewardship of the economy, while a new Wall Street Journal/NBC News poll raised caution signs on the strategy.
Economy Gives Obama a Lift
Romney attacked Obama's stewardship of the economy, while a new Wall Street Journal/NBC News poll raised caution signs on the strategy.
2012-01-26 01:16:
Despite broad agreement that the corporate tax code is a flawed mélange, election-year skepticism from Republicans and strained relations between the White House and the business community complicate the Obama administration's plans to overhaul it.
Corporate-Tax Revamp Faces Hurdle
Despite broad agreement that the corporate tax code is a flawed mélange, election-year skepticism from Republicans and strained relations between the White House and the business community complicate the Obama administration's plans to overhaul it.
2012-01-26 00:28:
The Obama administration is drafting a tax revamp that aims to reward companies for bringing jobs and profits back home, but the effort faces headwinds amid strained relations with business in an election year.
White House Revamps Corporate Taxes
The Obama administration is drafting a tax revamp that aims to reward companies for bringing jobs and profits back home, but the effort faces headwinds amid strained relations with business in an election year.
2012-01-26 00:05:
A host of Silicon Valley start-ups are creating ways to buy food directly from local food producers, cutting out grocery stores and some of the middlemen..
Start-Ups Look for Shortcut From Farm to Table
A host of Silicon Valley start-ups are creating ways to buy food directly from local food producers, cutting out grocery stores and some of the middlemen..
2012-01-25 23:36:
The Obama administration is drafting a tax revamp that aims to reward companies for bringing jobs and profits back home, but the effort faces headwinds amid strained relations with business in an election year.
White House Prepares Corporate-Tax Revamp
The Obama administration is drafting a tax revamp that aims to reward companies for bringing jobs and profits back home, but the effort faces headwinds amid strained relations with business in an election year.
2012-01-25 23:25:
The Illinois attorney general sued Standard & Poor's Ratings Services Wednesday, alleging the firm misled investors when it assigned top-notch ratings to mortgage-linked securities that later imploded during the financial crisis.
Illinois Sues Standard & Poor's
The Illinois attorney general sued Standard & Poor's Ratings Services Wednesday, alleging the firm misled investors when it assigned top-notch ratings to mortgage-linked securities that later imploded during the financial crisis.
2012-01-25 23:08:
The Obama administration is trying to engage business groups and Republicans in an effort to overhaul the way corporations pay taxes, but the move could be complicated by strained relations between the White House and the business community heading into an election year.
White House Preparing Corporate-Tax Revamp
The Obama administration is trying to engage business groups and Republicans in an effort to overhaul the way corporations pay taxes, but the move could be complicated by strained relations between the White House and the business community heading into an election year.
2012-01-25 19:07:
Fed officials said they expect short-term interest rates to stay close to zero "at least through late 2014," even longer than previously indicated.
Fed Expects Low Rates Through 2014
Fed officials said they expect short-term interest rates to stay close to zero "at least through late 2014," even longer than previously indicated.
2012-01-25 11:42:
The U.K. economy shrank in the fourth quarter of 2011, leaving Britain on the brink of recession and complicating the government's goal of tackling the budget deficit.
U.K. Economy Shrinks
The U.K. economy shrank in the fourth quarter of 2011, leaving Britain on the brink of recession and complicating the government's goal of tackling the budget deficit.
2012-01-25 03:43:
The global economy is slowing this year, the IMF said on Tuesday, cutting its forecasts for growth and warning of a deeper downturn if Europe doesn't take stronger action to stem its debt crisis.
IMF, Warning on Debt Crisis, Cuts Global Forecasts
The global economy is slowing this year, the IMF said on Tuesday, cutting its forecasts for growth and warning of a deeper downturn if Europe doesn't take stronger action to stem its debt crisis.
2012-01-24 23:07:
Forget the results, focus on the guidance. That's a familiar refrain during earnings season. Now, it's also true of Federal Reserve decisions.
Fed Lets Investors Peer Into Its Crystal Ball
Forget the results, focus on the guidance. That's a familiar refrain during earnings season. Now, it's also true of Federal Reserve decisions.
2012-01-24 23:04:
Lawmakers signaled a broad desire to extend the payroll-tax break and jobless benefits for the rest of the year, but fault lines emerged early over how to pay for the measures and what other provisions should be folded into any agreement.
Payroll-Tax Break Divides Lawmakers
Lawmakers signaled a broad desire to extend the payroll-tax break and jobless benefits for the rest of the year, but fault lines emerged early over how to pay for the measures and what other provisions should be folded into any agreement.
2012-01-24 12:01:
U.K. public sector borrowing remained on target in December but net debt hit a record £1 trillion.
U.K. Net Debt Hits Record High
U.K. public sector borrowing remained on target in December but net debt hit a record £1 trillion.
2012-01-24 11:40:
Euro-zone private sector activity returned to growth in January, an early sign the currency bloc may not face as severe a downturn as previously feared.
Euro-Zone Bounces Back
Euro-zone private sector activity returned to growth in January, an early sign the currency bloc may not face as severe a downturn as previously feared.
2012-01-24 03:13:
Investors, economists and politicians are increasingly concerned that Portugal will need a second bailout as fears mount that it won't be able to return to markets for financing next year.
Second Portugal Rescue Seen More Likely
Investors, economists and politicians are increasingly concerned that Portugal will need a second bailout as fears mount that it won't be able to return to markets for financing next year.
2012-01-24 00:14:
Germany and the IMF pressed their case at a meeting of euro-zone finance ministers that Greece's private-sector creditors receive low compensation in a debt exchange, deepening a standoff that has delayed the time-sensitive talks.
Greece Dominates Euro Talks
Germany and the IMF pressed their case at a meeting of euro-zone finance ministers that Greece's private-sector creditors receive low compensation in a debt exchange, deepening a standoff that has delayed the time-sensitive talks.
2012-01-23 15:31:
Spain's central bank said the euro zone's fourth-largest economy will likely contract around 1.5% this year, making it even harder for the country to reach ambitious budget-deficit reduction targets.
Spain's Economy Set to Contract
Spain's central bank said the euro zone's fourth-largest economy will likely contract around 1.5% this year, making it even harder for the country to reach ambitious budget-deficit reduction targets.
2012-01-23 13:58:
India's central bank said the economy will likely grow slower than its previously forecast 7.6% this fiscal year, hurt by deteriorating global and local conditions, but policy action will have to be calibrated carefully as inflation risks remain.
RBI: Economic Growth Likely Below 7.6%
India's central bank said the economy will likely grow slower than its previously forecast 7.6% this fiscal year, hurt by deteriorating global and local conditions, but policy action will have to be calibrated carefully as inflation risks remain.
2012-01-23 07:03:
The RBI should cut interest rates at its policy review Tuesday and lower them by at least one percentage point to boost sagging growth in the economy, a member of the central bank's board said.
RBI Official: RBI Should Cut Rates to Spur Growth
The RBI should cut interest rates at its policy review Tuesday and lower them by at least one percentage point to boost sagging growth in the economy, a member of the central bank's board said.
2012-01-23 01:58:
Big auto makers and their suppliers are spending billions to expand and retool U.S. factories, pushing heartland states to jockey to land new auto jobs.
Car Makers' U-Turn Steers Job Gains
Big auto makers and their suppliers are spending billions to expand and retool U.S. factories, pushing heartland states to jockey to land new auto jobs.
2012-01-23 01:30:
What more can be done to help the housing market? Economists have some ideas for hastening a recovery.
Economists See Ways to Aid Housing Market
What more can be done to help the housing market? Economists have some ideas for hastening a recovery.
2012-01-22 21:06:
What more can be done to help the housing market? Economists have some ideas for hastening a recovery.
Three Ways to Give Housing a Lift
What more can be done to help the housing market? Economists have some ideas for hastening a recovery.
2012-01-22 19:33:
Disclosures of individual interest-rate forecasts at this week's Federal Reserve meeting might be enough to snap Treasurys out of their slumber, if officials signal an even-longer era of cheap money.
Fed Forecasts Could Awaken Treasurys
Disclosures of individual interest-rate forecasts at this week's Federal Reserve meeting might be enough to snap Treasurys out of their slumber, if officials signal an even-longer era of cheap money.
2012-01-21 16:28:
Obama in his weekly radio address accused Republicans of dragging their feet on proposals to expand the economy, and said his State of the Union address Tuesday would lay out plans to boost growth. The GOP was skeptical.
Obama Promises Economic Blueprint
Obama in his weekly radio address accused Republicans of dragging their feet on proposals to expand the economy, and said his State of the Union address Tuesday would lay out plans to boost growth. The GOP was skeptical.
2012-01-21 04:41:
A growing number of elderly people are working or seeking work, as some failed to plan well or spent their working lives earning paychecks too small to amass much savings. Others suffered financial losses.
More Elderly Need to Keep Working
A growing number of elderly people are working or seeking work, as some failed to plan well or spent their working lives earning paychecks too small to amass much savings. Others suffered financial losses.
2012-01-21 03:18:
The ideal of an "American way of life" is fading as the working class falls further away from institutions like marriage and religion and the upper class becomes more isolated. Charles Murray on what's cleaving America, and why.
The New American Divide
The ideal of an "American way of life" is fading as the working class falls further away from institutions like marriage and religion and the upper class becomes more isolated. Charles Murray on what's cleaving America, and why.
2012-01-21 02:50:
Sales of previously owned homes rose in December for the third straight month, bringing the supply of homes listed for sale to the lowest level since 2006.
Sales Stir Hope for Housing Market
Sales of previously owned homes rose in December for the third straight month, bringing the supply of homes listed for sale to the lowest level since 2006.
2012-01-20 21:19:
The central bank president says in an interview he aims to rein in inflation this year even as the nation's booming, oil-led economy fuels consumer demand and higher prices.
Colombia Targets Inflation as Economy Booms
The central bank president says in an interview he aims to rein in inflation this year even as the nation's booming, oil-led economy fuels consumer demand and higher prices.
2012-01-20 15:03:
Federal Reserve officials are waiting to see how the economy performs before deciding whether to launch another bond-buying program.
Fed Holds Off on New Bond-Buying Program
Federal Reserve officials are waiting to see how the economy performs before deciding whether to launch another bond-buying program.
2012-01-20 12:10:
A preliminary gauge of Chinese manufacturing activity rose marginally in January, but the index has been in contractionary territory for three months, signaling extended difficulties for the nation's manufacturers.
Slower Manufacturing Continues in China
A preliminary gauge of Chinese manufacturing activity rose marginally in January, but the index has been in contractionary territory for three months, signaling extended difficulties for the nation's manufacturers.
2012-01-20 04:03:
Americans are stepping up spending on home improvements for the first time in years, giving a small lift to the beleaguered construction sector.
Homeowners Stop Waiting to Spruce Up
Americans are stepping up spending on home improvements for the first time in years, giving a small lift to the beleaguered construction sector.
2012-01-20 03:32:
Federal Reserve officials are waiting to see how the economy performs before deciding whether to launch another bond-buying program.
Fed Holds Off on Bond Buys
Federal Reserve officials are waiting to see how the economy performs before deciding whether to launch another bond-buying program.
2012-01-20 01:52:
Increased exports of U.S. natural gas could drive up domestic gas prices as much as 54% in 2018, federal officials said, in a projection that could complicate efforts by more than a half-dozen companies hoping to spend billions of dollars on new export terminals.
Gas Prices Could Rise With Exports
Increased exports of U.S. natural gas could drive up domestic gas prices as much as 54% in 2018, federal officials said, in a projection that could complicate efforts by more than a half-dozen companies hoping to spend billions of dollars on new export terminals.
2012-01-20 01:10:
The U.S. consumer is starting off 2012 on a somewhat sounder footing, as everyday prices ease and the labor market strengthens.
Consumers Notch Gains
The U.S. consumer is starting off 2012 on a somewhat sounder footing, as everyday prices ease and the labor market strengthens.
2012-01-20 01:08:
Federal Reserve officials are waiting to see how the economy performs before deciding whether to launch another bond-buying program.
Fed Holds Off for Now on Bond Buys
Federal Reserve officials are waiting to see how the economy performs before deciding whether to launch another bond-buying program.
2012-01-20 00:58:
Increased exports of U.S. natural gas could drive up domestic gas prices as much as 54% in 2018, federal officials said Thursday, in a projection that could complicate efforts by more than a half-dozen companies hoping to spend billions of dollars on new export terminals.
Gas Prices Could Rise With Higher Exports
Increased exports of U.S. natural gas could drive up domestic gas prices as much as 54% in 2018, federal officials said Thursday, in a projection that could complicate efforts by more than a half-dozen companies hoping to spend billions of dollars on new export terminals.
2012-01-19 22:03:
Federal Reserve officials are waiting to see how the economy performs before deciding whether to launch another bond-buying program.
Fed Hones Communications Strategy
Federal Reserve officials are waiting to see how the economy performs before deciding whether to launch another bond-buying program.
2012-01-19 15:44:
The Institute for International Finance has made a new proposal in its negotiations with Greece, in a sign that the two sides may be nearing a deal on a debt writedown.
New Proposal in Greek Debt Talks
The Institute for International Finance has made a new proposal in its negotiations with Greece, in a sign that the two sides may be nearing a deal on a debt writedown.
2012-01-19 06:55:
Top U.S. regulators, facing a barrage of bipartisan criticism on the so-called Volcker rule, defended their efforts and argued the controversial measure isn't likely to upset financial markets or the economy if applied properly.
Regulators Defend 'Volcker Rule'
Top U.S. regulators, facing a barrage of bipartisan criticism on the so-called Volcker rule, defended their efforts and argued the controversial measure isn't likely to upset financial markets or the economy if applied properly.
2012-01-19 03:52:
Property prices in 70 Chinese cities fell in December from the previous month, marking the third straight decline after developers cut prices to boost sales amid Beijing's campaign to cool the property market.
China Sees Drop in Property Prices
Property prices in 70 Chinese cities fell in December from the previous month, marking the third straight decline after developers cut prices to boost sales amid Beijing's campaign to cool the property market.
2012-01-19 01:58:
Gov. Jerry Brown pressed state lawmakers to back the state's high-speed rail plan despite mounting opposition, and he urged Californians to vote for temporarily boosting taxes in a referendum this fall.
California's Brown Pushes Tax Boost
Gov. Jerry Brown pressed state lawmakers to back the state's high-speed rail plan despite mounting opposition, and he urged Californians to vote for temporarily boosting taxes in a referendum this fall.
2012-01-19 01:23:
The House voted to reject Obama's request to raise the federal debt limit by $1.2 trillion, a symbolic act designed to let lawmakers oppose the increase while letting it take effect.
House Rejects Debt-Limit Increase
The House voted to reject Obama's request to raise the federal debt limit by $1.2 trillion, a symbolic act designed to let lawmakers oppose the increase while letting it take effect.
2012-01-19 00:28:
Harrisburg, Pa., made bad decisions and missed red flags when it embarked on an expensive project aimed at converting waste into energy, according to a forensic investigation report.
Report: Harrisburg Missed Red Flags
Harrisburg, Pa., made bad decisions and missed red flags when it embarked on an expensive project aimed at converting waste into energy, according to a forensic investigation report.
2012-01-18 16:33:
Russia is doomed to slower growth if it doesn't enact reforms, the economy minister warned, while a top banker urged efforts to cut the country's dependence on global demand and finance.
Russian Minister Calls for Reform
Russia is doomed to slower growth if it doesn't enact reforms, the economy minister warned, while a top banker urged efforts to cut the country's dependence on global demand and finance.
2012-01-18 15:22:
U.S. producer prices fell 0.1% in December from a month earlier, as food and energy costs declined significantly, but the underlying rate was up 0.3% as light truck prices rose.
Wholesale Prices Decline
U.S. producer prices fell 0.1% in December from a month earlier, as food and energy costs declined significantly, but the underlying rate was up 0.3% as light truck prices rose.
2012-01-18 13:28:
The International Monetary Fund has identified a need for $600 billion in additional resources to help fight the European debt crisis, a euro-zone official said.
IMF Seeks $600 Billion Boost
The International Monetary Fund has identified a need for $600 billion in additional resources to help fight the European debt crisis, a euro-zone official said.
2012-01-18 13:03:
Despite wealth and education, many in Roswell, Ga., have been looking for work for more than a year, raising questions about their future job prospects.
Pain of Job Losses Ripples Through Town
Despite wealth and education, many in Roswell, Ga., have been looking for work for more than a year, raising questions about their future job prospects.
2012-01-18 05:03:
Despite wealth and education, many in Roswell, Ga., have been looking for work for more than a year, raising questions about their future job prospects.
Pain of Job Loss Ripples Through Town
Despite wealth and education, many in Roswell, Ga., have been looking for work for more than a year, raising questions about their future job prospects.
2012-01-18 04:13:
The U.S. is rapidly losing high-technology jobs as American companies expand their research-and-development labs in China and elsewhere in Asia.
R&D Moves to Asia
The U.S. is rapidly losing high-technology jobs as American companies expand their research-and-development labs in China and elsewhere in Asia.
2012-01-18 01:55:
The U.S. government curtailed investment in a federal retirement fund as it looks to stay under the legal debt limit while awaiting a congressional vote of disapproval on lifting the ceiling.
U.S. Acts to Stay Below Debt Limit
The U.S. government curtailed investment in a federal retirement fund as it looks to stay under the legal debt limit while awaiting a congressional vote of disapproval on lifting the ceiling.
2012-01-17 17:30:
In no other U.S. recovery since WWII have companies been faster to boost spending on machines, while slower to add workers as tax breaks and low interest rates have accelerated the substitution of capital for labor.
Man vs. Machine: Behind the Jobless Recovery
In no other U.S. recovery since WWII have companies been faster to boost spending on machines, while slower to add workers as tax breaks and low interest rates have accelerated the substitution of capital for labor.
2012-01-17 12:03:
Falling petrol prices in December caused the steepest drop in the U.K.'s annual rate of inflation in more than two years, giving the Bank of England more breathing room to bolster its stimulus program.
U.K. Inflation Drops Sharply
Falling petrol prices in December caused the steepest drop in the U.K.'s annual rate of inflation in more than two years, giving the Bank of England more breathing room to bolster its stimulus program.
2012-01-17 07:05:
China's GDP growth slowed to 8.9% in the last quarter of 2011, compared with a year earlier, showing that the world's fastest engine of growth is downshifting.
China's Growth Engine Declines
China's GDP growth slowed to 8.9% in the last quarter of 2011, compared with a year earlier, showing that the world's fastest engine of growth is downshifting.
2012-01-17 06:31:
China's GDP growth slowed to 8.9% in the last quarter of 2011, compared with a year earlier, showing that the world's fastest engine of growth is downshifting.
China's Growth Slows
China's GDP growth slowed to 8.9% in the last quarter of 2011, compared with a year earlier, showing that the world's fastest engine of growth is downshifting.
2012-01-17 05:57:
Debating in a state smarting from tough economic times, the Republican presidential candidates sparred on issues that resonate in a distressed state: Taxes; social services; and unemployment benefits.
Debate Resonates in State Undergoing Tough Times
Debating in a state smarting from tough economic times, the Republican presidential candidates sparred on issues that resonate in a distressed state: Taxes; social services; and unemployment benefits.
2012-01-17 03:13:
California is still struggling with the aftereffects of its housing bust, but some economists say there is hope for the state's finances in the rise of Internet darlings like Facebook.
California Looks for Lift From IPOs
California is still struggling with the aftereffects of its housing bust, but some economists say there is hope for the state's finances in the rise of Internet darlings like Facebook.
2012-01-17 01:51:
Congress faces pressure to agree on how to fund a payroll-tax cut, but their task is complicated by hostilities likely to be sharpened by the election year.
Congress Returns To Battle on Taxes
Congress faces pressure to agree on how to fund a payroll-tax cut, but their task is complicated by hostilities likely to be sharpened by the election year.
2012-01-17 01:18:
In no other recovery since WWII have companies been faster to boost spending on machines, while slower to add workers as tax breaks and low interest rates have accelerated the substitution of capital for labor.
Behind the Jobless Recovery
In no other recovery since WWII have companies been faster to boost spending on machines, while slower to add workers as tax breaks and low interest rates have accelerated the substitution of capital for labor.
2012-01-16 06:11:
The European Central Bank's increasingly swollen balance sheet has helped bring a measure of calm to volatile markets, but some believe it could itself become a problem and bring more volatility to the 17-nation currency bloc.
The Risks in ECB's Crisis Moves
The European Central Bank's increasingly swollen balance sheet has helped bring a measure of calm to volatile markets, but some believe it could itself become a problem and bring more volatility to the 17-nation currency bloc.
2012-01-16 05:29:
The Reserve Bank of India should start reversing its protracted rate-tightening cycle as inflation is expected to ease significantly in coming months, a senior adviser to the central bank said.
RBI Adviser: India Should Start Cutting Rates
The Reserve Bank of India should start reversing its protracted rate-tightening cycle as inflation is expected to ease significantly in coming months, a senior adviser to the central bank said.
2012-01-13 23:14:
S&P removed France's prized triple-A long-term credit rating, downgrading it and Austria to AA+. It also cut the ratings of Italy, Portugal, Spain, Cyprus, Malta, Slovakia, and Slovenia, and warned of future cuts, saying policies to address the debt crisis may be insufficient.
S&P Cuts Ratings on France, Eight Others
S&P removed France's prized triple-A long-term credit rating, downgrading it and Austria to AA+. It also cut the ratings of Italy, Portugal, Spain, Cyprus, Malta, Slovakia, and Slovenia, and warned of future cuts, saying policies to address the debt crisis may be insufficient.
2012-01-13 21:44:
Standard & Poor's has notified European governments that it is about to announce the downgrades in the Triple-A credit ratings of France and Austria, as well as trimming ratings of other sovereigns, European officials said.
S&P Set to Remove Triple-A's From France, Austria
Standard & Poor's has notified European governments that it is about to announce the downgrades in the Triple-A credit ratings of France and Austria, as well as trimming ratings of other sovereigns, European officials said.
2012-01-13 14:37:
The U.S. trade deficit widened for the first time in five months in November, as rising oil prices lifted imports and exports to the euro area slumped.
U.S. Trade Gap Expands
The U.S. trade deficit widened for the first time in five months in November, as rising oil prices lifted imports and exports to the euro area slumped.
2012-01-13 13:14:
Prices charged by U.K. companies at the factory gate registered their first monthly fall for a year and a half, reinforcing expectations that inflation is poised to slow sharply.
U.K. Data Suggest Falling Inflation
Prices charged by U.K. companies at the factory gate registered their first monthly fall for a year and a half, reinforcing expectations that inflation is poised to slow sharply.
2012-01-13 12:57:
The Indian economy has been hurt by the continuing troubles in the global economy and will likely grow 7.0%-7.5% in the current fiscal year, Chief Economic Adviser Kaushik Basu said.
Economic Adviser: India Economy to Grow 7.0%-7.5% this Year
The Indian economy has been hurt by the continuing troubles in the global economy and will likely grow 7.0%-7.5% in the current fiscal year, Chief Economic Adviser Kaushik Basu said.
2012-01-13 09:43:
Beijing's huge stockpile of foreign-exchange reserves showed its first quarterly decline in more than a decade, partly because of capital outflows amid global economic uncertainties and worries over slowing growth.
China's Forex Reserves Drop
Beijing's huge stockpile of foreign-exchange reserves showed its first quarterly decline in more than a decade, partly because of capital outflows amid global economic uncertainties and worries over slowing growth.
2012-01-13 03:43:
The ECB left its key rate on hold at 1%, as the central bank's chief Mario Draghi noted signs of stabilizing business activity.
Euro Zone Leaves Rates Unchanged
The ECB left its key rate on hold at 1%, as the central bank's chief Mario Draghi noted signs of stabilizing business activity.
2012-01-13 03:27:
The White House notified Congress on Thursday that the government was near its $15.194 trillion borrowing limit, ushering in the debut of procedural theater in which the debt limit will ultimately be raised even if Congress votes against it.
Government Edges Toward Debt Ceiling
The White House notified Congress on Thursday that the government was near its $15.194 trillion borrowing limit, ushering in the debut of procedural theater in which the debt limit will ultimately be raised even if Congress votes against it.
2012-01-13 03:03:
Fed transcripts from 2006 paint the most detailed picture yet of how top officials at the central bank didn't anticipate the storm about to hit.
Fed Showed Little Alarm Before Housing Bust
Fed transcripts from 2006 paint the most detailed picture yet of how top officials at the central bank didn't anticipate the storm about to hit.
2012-01-13 02:55:
Goldman Sachs recently approached the New York Fed and offered to buy a multibillion-dollar bundle of risky mortgage bonds that the Fed acquired in the 2008 bailout of AIG.
Goldman Bids for Bad Bonds
Goldman Sachs recently approached the New York Fed and offered to buy a multibillion-dollar bundle of risky mortgage bonds that the Fed acquired in the 2008 bailout of AIG.
2012-01-13 02:08:
U.S. retail sales rose slightly in December as a surge in car purchases offset declines in sales of electronics, groceries and gasoline. Separately, new jobless claims rose more than expected last week.
Sluggish Sales Stir Growth Concerns
U.S. retail sales rose slightly in December as a surge in car purchases offset declines in sales of electronics, groceries and gasoline. Separately, new jobless claims rose more than expected last week.
2012-01-13 01:50:
Gingrich and his consulting companies helped Credit Suisse gather exclusive Washington information, showing that the candidate benefited from a legal practice that's come under fire from lawmakers.
Wall Street, Washington and Gingrich
Gingrich and his consulting companies helped Credit Suisse gather exclusive Washington information, showing that the candidate benefited from a legal practice that's come under fire from lawmakers.
2012-01-13 01:38:
Newt Gingrich and his consulting companies helped the financial services giant Credit Suisse Group gather exclusive Washington information and analysis, showing that the Republican presidential candidate benefited from a legal practice that's come under fire from lawmakers.
Gingrich Helped Credit Suisse Gather Information
Newt Gingrich and his consulting companies helped the financial services giant Credit Suisse Group gather exclusive Washington information and analysis, showing that the Republican presidential candidate benefited from a legal practice that's come under fire from lawmakers.
2012-01-13 01:24:
Former central-bank board member Susan Bies repeatedly expressed worries in Fed meetings about risks to consumers and banks from the housing bubble.
Governor Cautioned Fed About Mortgages
Former central-bank board member Susan Bies repeatedly expressed worries in Fed meetings about risks to consumers and banks from the housing bubble.
2012-01-12 20:56:
Inflation in China slowed slightly in December, but was marginally above market expectations. The fifth straight month of moderating inflation gives Beijing more room to implement easing measures.
China Inflation Slowed Again in December
Inflation in China slowed slightly in December, but was marginally above market expectations. The fifth straight month of moderating inflation gives Beijing more room to implement easing measures.
2012-01-12 20:33:
China's banking regulator took new steps to clamp down on risks in the financial sector, even as a report from S&P said political considerations might force authorities to grant banks some leeway on loans to local governments.
China Cracks Down on Financial Risk
China's banking regulator took new steps to clamp down on risks in the financial sector, even as a report from S&P said political considerations might force authorities to grant banks some leeway on loans to local governments.
2012-01-12 17:13:
ECB President Draghi stressed that economic performance in the euro zone will remain dampened. Earlier, the ECB and BOE left rates unchanged.
Draghi Warns of Lingering Weakness
ECB President Draghi stressed that economic performance in the euro zone will remain dampened. Earlier, the ECB and BOE left rates unchanged.
2012-01-12 16:22:
U.S. retail sales rose slightly in December as a surge in car purchases offset declines in sales of electronics, groceries and gasoline. Separately, new jobless claims rose more than expected last week.
Retail Sales Muted; Jobless Claims Rise
U.S. retail sales rose slightly in December as a surge in car purchases offset declines in sales of electronics, groceries and gasoline. Separately, new jobless claims rose more than expected last week.
2012-01-12 15:12:
ECB President Draghi stressed that economic performance in the euro zone will remain dampened. Earlier, the ECB and BOE left rates unchanged.
Draghi Warns Of Lingering Weakness
ECB President Draghi stressed that economic performance in the euro zone will remain dampened. Earlier, the ECB and BOE left rates unchanged.
2012-01-12 14:59:
U.S. retail sales rose slightly in December as a surge in car purchases offset declines in sales of electronics, groceries and gasoline. Separately, new jobless claims rose last week.
Retail Sales Suggest Muted Holiday
U.S. retail sales rose slightly in December as a surge in car purchases offset declines in sales of electronics, groceries and gasoline. Separately, new jobless claims rose last week.
2012-01-12 12:03:
India's central bank released data showing that it heavily sold the greenback -- a total of $2.9 billion -- in November in a clear sign that it supported the rupee when the local currency tumbled to a record low.
RBI Dollar Sales Point to Intervention
India's central bank released data showing that it heavily sold the greenback -- a total of $2.9 billion -- in November in a clear sign that it supported the rupee when the local currency tumbled to a record low.
2012-01-12 11:38:
Euro-zone factory output suffered its first year-on-year decline in almost two years in November, and U.K. data revealed a weaker than expected performance across industrial production.
Output Slumps in Euro Zone, U.K.
Euro-zone factory output suffered its first year-on-year decline in almost two years in November, and U.K. data revealed a weaker than expected performance across industrial production.
2012-01-12 09:36:
The ECB's governing council is undergoing a generational shift, with an influx of young central bankers who have strong political experience and résumés less grounded in economic orthodoxy than their predecessors.
A New Generation Tackles the Euro Crisis
The ECB's governing council is undergoing a generational shift, with an influx of young central bankers who have strong political experience and résumés less grounded in economic orthodoxy than their predecessors.
2012-01-12 08:34:
India's industrial output rose in November, bouncing back from a dismal reading the previous month and lessening the urgency for the central bank to begin loosening monetary policy.
India Industrial Output Rebounds
India's industrial output rose in November, bouncing back from a dismal reading the previous month and lessening the urgency for the central bank to begin loosening monetary policy.
2012-01-12 02:49:
Obama said he will propose new tax breaks in the coming weeks for companies that bring jobs back from overseas.
Obama to Propose Tax Breaks to Get Jobs
Obama said he will propose new tax breaks in the coming weeks for companies that bring jobs back from overseas.
2012-01-12 01:42:
The U.S. economy improved across all regions in the final six weeks of 2011, boosted by strong holiday sales, the Fed said in its beige book report.
Holiday Sales Keep Recovery on Track
The U.S. economy improved across all regions in the final six weeks of 2011, boosted by strong holiday sales, the Fed said in its beige book report.
2012-01-12 01:40:
Factory employment has grown in the past two years but manufacturing alone is not going to put America back to work.
Factory Floor Has Ceiling on Job Creation
Factory employment has grown in the past two years but manufacturing alone is not going to put America back to work.
2012-01-11 23:04:
Factory employment has grown in the past two years but manufacturing alone is not going to put America back to work.
Factories Alone Won't Power U.S. Recovery
Factory employment has grown in the past two years but manufacturing alone is not going to put America back to work.
2012-01-11 22:03:
Economists expressed dismay Wednesday at a pledge from Prime Minister Recep Tayyip Erdogan to strike back at an "interest-rate lobby" that allegedly seeks to stifle Turkish growth.
Erdogan's War on 'Interest-Rate Lobby' Puzzles Economists
Economists expressed dismay Wednesday at a pledge from Prime Minister Recep Tayyip Erdogan to strike back at an "interest-rate lobby" that allegedly seeks to stifle Turkish growth.
2012-01-11 20:07:
The U.S. economy improved across all regions in the final six weeks of 2011, boosted by strong holiday sales, the Fed said in its beige book report.
Fed Beige Book Notes Holiday Strength
The U.S. economy improved across all regions in the final six weeks of 2011, boosted by strong holiday sales, the Fed said in its beige book report.
2012-01-11 19:33:
Obama said he will propose new tax breaks in the coming weeks for companies that bring jobs back from overseas.
Obama to Propose Tax Breaks for Job Repatriations
Obama said he will propose new tax breaks in the coming weeks for companies that bring jobs back from overseas.
2012-01-11 13:44:
Germany's economy contracted slightly in the fourth quarter, putting Europe's largest country on the verge of a mild recession.
German Economy Shrank at End of 2011
Germany's economy contracted slightly in the fourth quarter, putting Europe's largest country on the verge of a mild recession.
2012-01-11 13:18:
Turkey's current-account deficit narrowed for the first time in more than two years in November, as a slowdown in output and an increase in exports spurred by a weaker currency eased the finance gap.
Turkey Current-Account Deficit Slips
Turkey's current-account deficit narrowed for the first time in more than two years in November, as a slowdown in output and an increase in exports spurred by a weaker currency eased the finance gap.
2012-01-11 10:41:
Germany's economy likely contracted by around 0.25% in the fourth quarter of last year, the government's statistics office said, partially offsetting full-year growth.
German Economy Likely Shrank at End of 2011
Germany's economy likely contracted by around 0.25% in the fourth quarter of last year, the government's statistics office said, partially offsetting full-year growth.
2012-01-11 09:20:
There was robust growth within the German economy in 2011 as private consumption and foreign trade gave significant boosts.
German Economy Grew Strongly in 2011
There was robust growth within the German economy in 2011 as private consumption and foreign trade gave significant boosts.
2012-01-11 08:44:
Negotiators for banks and governments are working to complete a promised debt restructuring for Greece that will slice in half what the nation owes its private bondholders.
Greek Cost to Rise
Negotiators for banks and governments are working to complete a promised debt restructuring for Greece that will slice in half what the nation owes its private bondholders.
2012-01-11 04:12:
The Fed turned $76.9 billion over to the U.S. Treasury last year, close to the 2010 record, amid a strong profit generated from its expanding portfolio of securities.
Fed's Profit Becomes Treasury's Gain
The Fed turned $76.9 billion over to the U.S. Treasury last year, close to the 2010 record, amid a strong profit generated from its expanding portfolio of securities.
2012-01-11 02:33:
The Fed turned $76.9 billion over to the U.S. Treasury last year, close to the 2010 record, amid a strong profit generated from its expanding portfolio of securities.
Fed's Lofty Profit Becomes Treasury's Gain
The Fed turned $76.9 billion over to the U.S. Treasury last year, close to the 2010 record, amid a strong profit generated from its expanding portfolio of securities.
2012-01-10 23:42:
As the Republican presidential nomination race heads to the South, the candidates will get their first taste of battle in states mired in economic downturns.
South's Economic Woes Test Campaigns
As the Republican presidential nomination race heads to the South, the candidates will get their first taste of battle in states mired in economic downturns.
2012-01-10 18:14:
The Fed turned $76.9 billion over to the U.S. Treasury last year, close to the 2010 record, amid a strong profit generated from its expanding portfolio of securities.
Fed Sends Nearly $77 Billion to Treasury
The Fed turned $76.9 billion over to the U.S. Treasury last year, close to the 2010 record, amid a strong profit generated from its expanding portfolio of securities.
2012-01-10 14:23:
Portugal's central bank sharply lowered its economic outlook for 2012 and warned the government may have to adopt more austerity to meet deficit targets.
Portugal Lowers Economic Outlook
Portugal's central bank sharply lowered its economic outlook for 2012 and warned the government may have to adopt more austerity to meet deficit targets.
2012-01-10 02:27:
Growth in health spending was near a historic low of 3.9% in 2010 as the weak economy prompted people to cut back on medical care, according to data released by federal analysts.
Weak Economy Curbs Health Spending
Growth in health spending was near a historic low of 3.9% in 2010 as the weak economy prompted people to cut back on medical care, according to data released by federal analysts.
2012-01-10 00:51:
Consumer borrowing leapt as holiday spending kicked in late last year, according to a new Federal Reserve report.
Consumer Borrowing Surges
Consumer borrowing leapt as holiday spending kicked in late last year, according to a new Federal Reserve report.
2012-01-09 15:38:
The Greek government is expected to ask private investors holding the country's debt to accept a haircut of 60%, with a previously agreed 50% write-down no longer seen as sufficient in light of the country's deteriorating economy.
Greece Seeks Larger Debt Writedown
The Greek government is expected to ask private investors holding the country's debt to accept a haircut of 60%, with a previously agreed 50% write-down no longer seen as sufficient in light of the country's deteriorating economy.
2012-01-09 13:54:
George Soros, the billionaire U.S. investor, said the global economy is facing a "vicious" deflationary cycle as members of the euro zone cut back sharply on spending to bring their budget deficits under control, crimping demand and squeezing prices.
Soros Says World Economy Facing 'Vicious' Deflationary Cycle
George Soros, the billionaire U.S. investor, said the global economy is facing a "vicious" deflationary cycle as members of the euro zone cut back sharply on spending to bring their budget deficits under control, crimping demand and squeezing prices.
2012-01-09 12:56:
Germany paid a negative yield to investors at a debt auction for the first time on record, underscoring the haven appeal of the country's debt as the European debt crisis continues.
German Debt Yields Turn Negative
Germany paid a negative yield to investors at a debt auction for the first time on record, underscoring the haven appeal of the country's debt as the European debt crisis continues.
2012-01-09 11:25:
The U.S. job market is showing signs of a sustained recovery. But the country's prolonged struggle with unemployment will leave scars that are likely to remain for years, if not generations.
Unemployment Scars May Last Years
The U.S. job market is showing signs of a sustained recovery. But the country's prolonged struggle with unemployment will leave scars that are likely to remain for years, if not generations.
2012-01-09 08:25:
German exports rose sharply in November while imports fell, leading to a widening of the country's merchandise trade surplus, data showed.
German Exports Rise Strongly
German exports rose sharply in November while imports fell, leading to a widening of the country's merchandise trade surplus, data showed.
2012-01-09 06:10:
U.S. malls and shopping centers experienced a slight improvement in occupancy during the fourth quarter, a relief for landlords that have been battling lackluster demand from retailers for most of the downturn.
For Malls, Occupancy Firms Up
U.S. malls and shopping centers experienced a slight improvement in occupancy during the fourth quarter, a relief for landlords that have been battling lackluster demand from retailers for most of the downturn.
2012-01-09 03:35:
A leading group of academic economists has adopted conflict-of-interest rules in response to criticism that the profession not only failed to predict the 2007-2008 financial crisis but may actually have helped create it.
Economists Set Rules on Ethics
A leading group of academic economists has adopted conflict-of-interest rules in response to criticism that the profession not only failed to predict the 2007-2008 financial crisis but may actually have helped create it.
2012-01-09 02:24:
Federal Reserve Bank of San Francisco President John Williams has backed the kind of unconventional policies that have been the hallmark of Ben Bernanke's tenure as Fed chairman.
Quiet Fed Voice Emerges as Force
Federal Reserve Bank of San Francisco President John Williams has backed the kind of unconventional policies that have been the hallmark of Ben Bernanke's tenure as Fed chairman.
2012-01-08 21:08:
The U.S. job market is showing signs of a sustained recovery. But the country's prolonged struggle with unemployment will leave scars that are likely to remain for years, if not generations.
Unemployment Scars Likely to Last for Years
The U.S. job market is showing signs of a sustained recovery. But the country's prolonged struggle with unemployment will leave scars that are likely to remain for years, if not generations.
2012-01-08 02:40:
The Federal Reserve still has room to boost the economy even with interest rates near zero, St. Louis Fed President James Bullard said Saturday.
More Quantitative Easing Unnecessary, Fed Official Says
The Federal Reserve still has room to boost the economy even with interest rates near zero, St. Louis Fed President James Bullard said Saturday.
2012-01-07 20:52:
A Fed official called on mortgage servicers to fix "deceptive" practices, the latest salvo in the central bank's campaign for government action to fix the housing market.
Fed Targets Mortgage Servicers
A Fed official called on mortgage servicers to fix "deceptive" practices, the latest salvo in the central bank's campaign for government action to fix the housing market.
2012-01-07 17:40:
The U.S. economy added 200,000 jobs in December and the unemployment rate ticked lower, signs of strength for the labor market amid broader uncertainty.
Hiring Shows Recovery Gaining Traction
The U.S. economy added 200,000 jobs in December and the unemployment rate ticked lower, signs of strength for the labor market amid broader uncertainty.
2012-01-07 02:49:
After flickering to life early in 2011, the market for subprime and other risky residential mortgage bonds has returned to its comatose state. Many investors believe a revival could be years away.
Investors Sour on Subprime Bonds
After flickering to life early in 2011, the market for subprime and other risky residential mortgage bonds has returned to its comatose state. Many investors believe a revival could be years away.
2012-01-07 00:51:
Three top Fed officials ramped up the central bank's call for more forceful government action to fix the housing market, expressing frustration that it is blunting efforts to boost the economy.
Fed Officials Urge Action to Boost Housing
Three top Fed officials ramped up the central bank's call for more forceful government action to fix the housing market, expressing frustration that it is blunting efforts to boost the economy.
2012-01-07 00:14:
Top Fed officials ramped up their call for more forceful government action to fix the broken housing market, expressing frustration that it is blunting their extraordinary efforts to boost the economy.
Three Fed Officials Urge Action to Boost Housing
Top Fed officials ramped up their call for more forceful government action to fix the broken housing market, expressing frustration that it is blunting their extraordinary efforts to boost the economy.
2012-01-06 22:05:
Financial firms are on track to sell nearly $12 billion in bonds this week, marking the biggest week of borrowing for the industry since July.
Banks Ramp Up Debt Sales
Financial firms are on track to sell nearly $12 billion in bonds this week, marking the biggest week of borrowing for the industry since July.
2012-01-06 21:17:
Trying to convince workers in Canada to accept a pay cut, Caterpillar is citing lower wages elsewhere. But instead of pointing to the usual models of cheap and pliant labor, it is using the U.S. as an example.
In U.S., a Cheaper Labor Pool
Trying to convince workers in Canada to accept a pay cut, Caterpillar is citing lower wages elsewhere. But instead of pointing to the usual models of cheap and pliant labor, it is using the U.S. as an example.
2012-01-06 21:11:
After flickering to life early in 2011, the market for subprime and other risky residential mortgage bonds has returned to its comatose state. Many investors believe a revival could be years away.
Investors Sour on Mortgage Bonds
After flickering to life early in 2011, the market for subprime and other risky residential mortgage bonds has returned to its comatose state. Many investors believe a revival could be years away.
2012-01-06 18:53:
The Consumer Price Index ended 2011 at 6.5%, technically within the government's intended range but far above its target of 4.5%. This year is not expected to be any easier.
Brazil Hit Inflation Target, But Not Bull's-eye, in 2011
The Consumer Price Index ended 2011 at 6.5%, technically within the government's intended range but far above its target of 4.5%. This year is not expected to be any easier.
2012-01-06 15:59:
Job growth accelerated in December and the unemployment rate was the lowest since February 2009, signs of strength for the labor market.
U.S. Gains 200,000 Jobs
Job growth accelerated in December and the unemployment rate was the lowest since February 2009, signs of strength for the labor market.
2012-01-06 14:43:
The U.S. economy added 200,000 jobs in December and the unemployment rate ticked lower, signs of strength for the labor market amid broader uncertainty.
Job Growth Accelerates
The U.S. economy added 200,000 jobs in December and the unemployment rate ticked lower, signs of strength for the labor market amid broader uncertainty.
2012-01-06 09:22:
The U.S. office market showed modest signs of improvement in the last three months of 2011, as the national office-vacancy rate fell slightly from the previous period.
Businesses Take Up More Space
The U.S. office market showed modest signs of improvement in the last three months of 2011, as the national office-vacancy rate fell slightly from the previous period.
2012-01-06 04:02:
California Gov. Jerry Brown proposed to close the state's projected $9.2 billion budget gap in the next fiscal year with cuts to social services and with expected revenue from a temporary tax increase he hopes to pass.
California Takes Aim at Budget Gap
California Gov. Jerry Brown proposed to close the state's projected $9.2 billion budget gap in the next fiscal year with cuts to social services and with expected revenue from a temporary tax increase he hopes to pass.
2012-01-06 01:38:
California Gov. Jerry Brown proposed to close the state's projected $9.2 billion budget gap in the next fiscal year with cuts to social services and with expected revenue from a temporary tax increase he hopes to pass.
California Plans Cuts to Close Gap
California Gov. Jerry Brown proposed to close the state's projected $9.2 billion budget gap in the next fiscal year with cuts to social services and with expected revenue from a temporary tax increase he hopes to pass.
2012-01-05 19:12:
The private sector added a white-hot 325,000 jobs in December, while initial claims for unemployment benefits fell again last week.
Positive Signs in U.S. Jobs Data
The private sector added a white-hot 325,000 jobs in December, while initial claims for unemployment benefits fell again last week.
2012-01-05 15:08:
The private sector added a white-hot 325,000 jobs in December, while initial claims for unemployment benefits fell again last week.
Positive Signs in Jobs Data
The private sector added a white-hot 325,000 jobs in December, while initial claims for unemployment benefits fell again last week.
2012-01-05 14:55:
The IMF is conducting stress tests on Japanese banks to gauge how vulnerable they are to a potential drop in the value of their huge holdings of Japanese government bonds.
IMF Stress-Tests Japanese Banks
The IMF is conducting stress tests on Japanese banks to gauge how vulnerable they are to a potential drop in the value of their huge holdings of Japanese government bonds.
2012-01-05 14:38:
The private sector added a white-hot 325,000 jobs in December, according to payroll giant ADP, while initial claims for unemployment benefits fell again last week.
Positive Signs for Jobs Market
The private sector added a white-hot 325,000 jobs in December, according to payroll giant ADP, while initial claims for unemployment benefits fell again last week.
2012-01-05 12:41:
France raised almost the maximum intended amount at a closely watched bond auction, shrugging off concerns that the country was poised to lose its top credit rating.
France Clears Bond Auction
France raised almost the maximum intended amount at a closely watched bond auction, shrugging off concerns that the country was poised to lose its top credit rating.
2012-01-05 12:11:
France raised almost the maximum intended amount at a closely watched bond auction, shrugging off concerns that the country was poised to lose its top credit rating.
France Clears Bond Sale
France raised almost the maximum intended amount at a closely watched bond auction, shrugging off concerns that the country was poised to lose its top credit rating.
2012-01-05 11:12:
U.K. households and businesses can expect greater access to credit in the first quarter of 2012 unless conditions in bank funding markets continue to deteriorate, the Bank of England said.
U.K. Banks Cautious on Credit Conditions
U.K. households and businesses can expect greater access to credit in the first quarter of 2012 unless conditions in bank funding markets continue to deteriorate, the Bank of England said.
2012-01-05 09:23:
The nation's apartment-vacancy rate in the fourth quarter fell to its lowest level since late 2001 as Americans continued to favor renting homes instead of buying them.
Apartment-Vacancy Rate Tumbles
The nation's apartment-vacancy rate in the fourth quarter fell to its lowest level since late 2001 as Americans continued to favor renting homes instead of buying them.
2012-01-05 06:08:
The nation's apartment-vacancy rate in the fourth quarter fell to its lowest level since late 2001 as Americans continued to favor renting homes instead of buying them.
Apartment-Vacancy Rate Tumbles to 2001 Level
The nation's apartment-vacancy rate in the fourth quarter fell to its lowest level since late 2001 as Americans continued to favor renting homes instead of buying them.
2012-01-05 04:57:
Abraham Lincoln famously observed that "it is better to remain silent and be thought a fool than to open one's mouth and remove all doubt." The Federal Reserve may learn this the hard way.
Fed Puts Reputation on the Line
Abraham Lincoln famously observed that "it is better to remain silent and be thought a fool than to open one's mouth and remove all doubt." The Federal Reserve may learn this the hard way.
2012-01-05 00:09:
A government report criticized how a federal regulator handled the failure of five corporate credit unions and urged faster action to identify and prevent future problems.
Report Criticizes Handling of Credit Unions' Failures
A government report criticized how a federal regulator handled the failure of five corporate credit unions and urged faster action to identify and prevent future problems.
2012-01-04 23:41:
Abraham Lincoln famously observed that "it is better to remain silent and be thought a fool than to open one's mouth and remove all doubt." The Federal Reserve may learn this the hard way.
Fed Puts Its Reputation on the Line
Abraham Lincoln famously observed that "it is better to remain silent and be thought a fool than to open one's mouth and remove all doubt." The Federal Reserve may learn this the hard way.
2012-01-04 23:08:
U.S. supplies of corn seed are down 25% to 50%. The shortage threatens to scuttle what some expect to be the biggest planting of corn in the U.S.
Corn Seed Shortage Sows Farm Belt Woes
U.S. supplies of corn seed are down 25% to 50%. The shortage threatens to scuttle what some expect to be the biggest planting of corn in the U.S.
2012-01-04 22:14:
In a new sign of a Spain's deepening financial crisis, the regional government of Valencia said it was a week late in repaying a $160 million debt to Deutsche Bank.
Spain's Loan Woes Deepen
In a new sign of a Spain's deepening financial crisis, the regional government of Valencia said it was a week late in repaying a $160 million debt to Deutsche Bank.
2012-01-04 21:06:
Canadian retail prices tend to lag foreign-exchange fluctuations between the U.S. and Canadian dollar, accounting for sometimes-big discrepancies in the cost of everyday goods on both sides of the border, Canada's statistical agency said.
Canadian Retail Prices Lag Foreign-Exchange Fluctuations
Canadian retail prices tend to lag foreign-exchange fluctuations between the U.S. and Canadian dollar, accounting for sometimes-big discrepancies in the cost of everyday goods on both sides of the border, Canada's statistical agency said.
2012-01-04 18:43:
China is creating a payment system that will make it more efficient for banks to clear yuan funds across its borders, in another move aimed at promoting the global use of the Chinese currency.
China to Ease Yuan-Clearing
China is creating a payment system that will make it more efficient for banks to clear yuan funds across its borders, in another move aimed at promoting the global use of the Chinese currency.
2012-01-04 16:04:
U.S. factory orders grew 1.8% in November on greater demand for aircraft and other goods, the first gain in three months.
Factory Orders Advance
U.S. factory orders grew 1.8% in November on greater demand for aircraft and other goods, the first gain in three months.
2012-01-04 15:34:
China is creating a payment system that will make it more efficient for banks to clear yuan funds across its borders, in another move aimed at promoting the global use of the Chinese currency.
China Upgrading Yuan-Payment System
China is creating a payment system that will make it more efficient for banks to clear yuan funds across its borders, in another move aimed at promoting the global use of the Chinese currency.
2012-01-04 11:50:
Copper mining companies operating in Zambia, Africa's top producer of the metal, should brace themselves for more strikes this year unless they meet wage demands, union officials warned.
Zambia Miners Warn of More Strikes
Copper mining companies operating in Zambia, Africa's top producer of the metal, should brace themselves for more strikes this year unless they meet wage demands, union officials warned.
2012-01-04 11:07:
China is building out a payment system that will make it more efficient for banks to clear yuan funds across its borders, in another move aimed at promoting the global use of the Chinese currency.
China Upgrades Yuan Payment System
China is building out a payment system that will make it more efficient for banks to clear yuan funds across its borders, in another move aimed at promoting the global use of the Chinese currency.
2012-01-04 09:12:
Fed officials will begin detailing their plans for interest rates later this month, part of a communications revamp that could help bolster the fragile U.S. economic recovery.
Fed Will Detail Rate Plans
Fed officials will begin detailing their plans for interest rates later this month, part of a communications revamp that could help bolster the fragile U.S. economic recovery.
2012-01-04 03:51:
Here is one thing for deficit hawks to watch in 2012: corporate tax receipts. Although U.S. corporate profits have rebounded smartly since the financial crisis, the same can't be said for the tax take.
U.S. Tax Haul Trails Profit Surge
Here is one thing for deficit hawks to watch in 2012: corporate tax receipts. Although U.S. corporate profits have rebounded smartly since the financial crisis, the same can't be said for the tax take.
2012-01-04 01:56:
California's ambitious plan for a high-speed rail system hit a big roadblock, as an independent panel urged lawmakers to deny authorizing the issuance of $2.7 billion in bonds to kick off the $98.5 billion project.
California Train Plan Hits Bump
California's ambitious plan for a high-speed rail system hit a big roadblock, as an independent panel urged lawmakers to deny authorizing the issuance of $2.7 billion in bonds to kick off the $98.5 billion project.
2012-01-04 01:31:
Kentucky political leaders could propose legislation as soon as this week to pave the way for legalizing casino gambling, making it the latest state to consider lifting a longtime ban on slot machines and roulette tables.
Kentucky Trots Toward Vote on Casinos
Kentucky political leaders could propose legislation as soon as this week to pave the way for legalizing casino gambling, making it the latest state to consider lifting a longtime ban on slot machines and roulette tables.
2012-01-04 01:30:
Real-estate stocks posted gains in the fourth quarter, a turnaround from when panic about Europe's debt crisis threatened to derail the recovery.
Real-Estate Stocks Recover
Real-estate stocks posted gains in the fourth quarter, a turnaround from when panic about Europe's debt crisis threatened to derail the recovery.
2012-01-04 01:27:
U.S. manufacturing grew at its fastest pace in six months in December, and producers appeared poised to keep boosting output to replenish empty shelves in coming months.
Factories Hum as New Orders Jump
U.S. manufacturing grew at its fastest pace in six months in December, and producers appeared poised to keep boosting output to replenish empty shelves in coming months.
2012-01-03 21:20:
Here is one thing for deficit hawks to watch in 2012: corporate tax receipts. Although U.S. corporate profits have rebounded smartly since the financial crisis, the same can't be said for the tax take.
U.S. Tax Take Misses Profit Surge
Here is one thing for deficit hawks to watch in 2012: corporate tax receipts. Although U.S. corporate profits have rebounded smartly since the financial crisis, the same can't be said for the tax take.
2012-01-03 20:10:
Fed officials will begin to publish their forecasts for interest rates later this month, part of a communications revamp that could help bolster the fragile U.S. economic recovery.
Fed to Publish Interest Rate Forecasts
Fed officials will begin to publish their forecasts for interest rates later this month, part of a communications revamp that could help bolster the fragile U.S. economic recovery.
2012-01-03 16:24:
The U.S. manufacturing sector continued to expand in December, ISM data showed. Separately, construction spending rose in November.
Factory, Construction Data Show Gains
The U.S. manufacturing sector continued to expand in December, ISM data showed. Separately, construction spending rose in November.
2012-01-03 12:41:
A sharp divergence in year-end jobless tallies issued by Germany and Spain put into high relief the challenges facing EU policy makers to stabilize their currency union.
Jobless Data Highlight European Challenges
A sharp divergence in year-end jobless tallies issued by Germany and Spain put into high relief the challenges facing EU policy makers to stabilize their currency union.
2012-01-03 03:52:
Growing numbers of New Yorkers seeking food stamps have created an unwelcome spillover effect at some of New York City's job centers: overcrowding that in some cases has grown so severe, benefits were jeopardized.
Welfare Lines Overflow
Growing numbers of New Yorkers seeking food stamps have created an unwelcome spillover effect at some of New York City's job centers: overcrowding that in some cases has grown so severe, benefits were jeopardized.
2012-01-03 03:11:
Spain will introduce more austerity measures this week on top of a swath of spending cuts and tax increases approved last week, as it scrambles to contain a budget deficit that may have surpassed 8%.
Spain Moves to Curb Deficit
Spain will introduce more austerity measures this week on top of a swath of spending cuts and tax increases approved last week, as it scrambles to contain a budget deficit that may have surpassed 8%.
2012-01-03 00:32:
A hobbled housing market and debt-ridden consumers point to meager improvements in the jobs picture this year. The president must convince voters that it's getting better, even if it may still feel lousy.
Economic Indicators: Jobs Will Be Job One
A hobbled housing market and debt-ridden consumers point to meager improvements in the jobs picture this year. The president must convince voters that it's getting better, even if it may still feel lousy.
2012-01-02 20:12:
Spain will introduce more austerity measures this week on top of a swath of spending cuts and tax increases approved last week, as it scrambles to contain a budget deficit that may have surpassed 8%.
Spain Moves to Contain Budget Deficit
Spain will introduce more austerity measures this week on top of a swath of spending cuts and tax increases approved last week, as it scrambles to contain a budget deficit that may have surpassed 8%.
2012-01-02 16:35:
Manufacturing activity continued to contract in South Korea and Taiwan in December but grew in India, as the euro-zone sovereign debt crisis and the sluggish U.S. recovery hit Asia's export economies harder.
Asia's Export Economies Slow
Manufacturing activity continued to contract in South Korea and Taiwan in December but grew in India, as the euro-zone sovereign debt crisis and the sluggish U.S. recovery hit Asia's export economies harder.
2012-01-02 14:53:
Manufacturing activity continued to contract in South Korea and Taiwan in December but grew in India, as the euro-zone sovereign debt crisis and the sluggish U.S. recovery hit Asia's export economies harder.
Asia Manufacturing Picture Clouds
Manufacturing activity continued to contract in South Korea and Taiwan in December but grew in India, as the euro-zone sovereign debt crisis and the sluggish U.S. recovery hit Asia's export economies harder.
2012-01-01 00:00:
Chief Justice John Roberts defended the ethics of Supreme Court justices, using his year-end report to respond to partisan calls for Justices Clarence Thomas and Elena Kagan to sit out the pending case over President Obama's health-care overhaul.
Chief Justice Responds to Recusal Calls
Chief Justice John Roberts defended the ethics of Supreme Court justices, using his year-end report to respond to partisan calls for Justices Clarence Thomas and Elena Kagan to sit out the pending case over President Obama's health-care overhaul.
2011-12-31 03:27:
Natural-gas futures settled below $3 for the first time since September 2009, closing out one of the weakest years for the natural-gas market in recent memory.
Natural Gas Ends 2011 at 27-Month Low
Natural-gas futures settled below $3 for the first time since September 2009, closing out one of the weakest years for the natural-gas market in recent memory.
2011-12-31 01:52:
Mitt Romney is focusing on what he sees as the central decision facing voters: the choice between his vision for an "opportunity society" and the "entitlement society" he says is favored by President Barack Obama.
Romney Hones Economy Pitch
Mitt Romney is focusing on what he sees as the central decision facing voters: the choice between his vision for an "opportunity society" and the "entitlement society" he says is favored by President Barack Obama.
2011-12-31 01:33:
President Barack Obama delayed submitting a request to Congress for a $1.2 trillion increase in the debt ceiling, setting up a renewed debate in January over the nation's spending and borrowing habits.
Obama Delays Request on Debt Ceiling
President Barack Obama delayed submitting a request to Congress for a $1.2 trillion increase in the debt ceiling, setting up a renewed debate in January over the nation's spending and borrowing habits.
2011-12-30 10:48:
A WSJ investigation revealed how the currency union floundered in indecision this spring?failing to address either the immediate concerns of investors or the fundamental weaknesses undermining the euro.
Dithering at Top Turned EU Crisis to Global Threat
A WSJ investigation revealed how the currency union floundered in indecision this spring?failing to address either the immediate concerns of investors or the fundamental weaknesses undermining the euro.
2011-12-30 05:41:
The final HSBC China Manufacturing Purchasing Managers Index rose in December compared with November, but remains in contractionary territory, adding to evidence that growth continues to slow.
China Growth Continues to Slow
The final HSBC China Manufacturing Purchasing Managers Index rose in December compared with November, but remains in contractionary territory, adding to evidence that growth continues to slow.
2011-12-30 03:40:
Long a model American community with high-performing schools, beautiful parks and rising real estate values, University Place, on the Puget Sound, has turned into a reluctant showcase for the downgrading of America.
A City Slips as Downgrade Hits Home
Long a model American community with high-performing schools, beautiful parks and rising real estate values, University Place, on the Puget Sound, has turned into a reluctant showcase for the downgrading of America.
2011-12-30 02:17:
One of the biggest questions looming for 2012 is whether the central bank will pursue more extraordinary measures to ease monetary policy. A shift in the board's voting ranks suggests the tone is getting dovish.
New Stimulus Dovetails With Shift at Fed
One of the biggest questions looming for 2012 is whether the central bank will pursue more extraordinary measures to ease monetary policy. A shift in the board's voting ranks suggests the tone is getting dovish.
2011-12-30 02:05:
Fewer Americans are filing new claims for jobless benefits than at any time since the end of the recession, the latest signal that the U.S. economy is ending a year of uncertainty on a positive note.
Data Suggest Recovery Gaining Steam
Fewer Americans are filing new claims for jobless benefits than at any time since the end of the recession, the latest signal that the U.S. economy is ending a year of uncertainty on a positive note.
2011-12-29 23:58:
The U.S. Treasury issued a proposed rule Thursday for determining fees to be paid by large financial institutions to cover the cost of the recently established financial-stability watchdog and other expenses related to the Dodd-Frank regulatory overhaul.
Treasury Proposes Fee Rule to Cover Financial Watchdog
The U.S. Treasury issued a proposed rule Thursday for determining fees to be paid by large financial institutions to cover the cost of the recently established financial-stability watchdog and other expenses related to the Dodd-Frank regulatory overhaul.
2011-12-29 21:25:
Fewer Americans are filing new claims for jobless benefits than at any time since the end of the recession, the latest signal that the U.S. economy is ending a year of uncertainty on a positive note.
Figures Suggest Recovery Gaining Momentum
Fewer Americans are filing new claims for jobless benefits than at any time since the end of the recession, the latest signal that the U.S. economy is ending a year of uncertainty on a positive note.
2011-12-29 18:39:
A key panel of Japan's ruling party reached agreement on a politically unpopular sales tax increase, paving the way for a bill to be submitted to parliament where it faces a less-than-certain future.
DPJ Panel Agrees to Sales Tax Rise for Japan
A key panel of Japan's ruling party reached agreement on a politically unpopular sales tax increase, paving the way for a bill to be submitted to parliament where it faces a less-than-certain future.
2011-12-29 17:22:
Hedge funds have been buying housing-related investments, betting on a rebound. Bulls have been burned in the past, but optimistic investors are pointing to pent-up demand and suggest a housing bottom may be in sight.
Big Hedge Funds Build Case for Housing
Hedge funds have been buying housing-related investments, betting on a rebound. Bulls have been burned in the past, but optimistic investors are pointing to pent-up demand and suggest a housing bottom may be in sight.
2011-12-29 17:09:
The housing market showed signs of improvement as the number of Americans signing contracts to buy existing homes increased in November to the highest level in 19 months.
Pending-Home Sales Hit 19-Month High
The housing market showed signs of improvement as the number of Americans signing contracts to buy existing homes increased in November to the highest level in 19 months.
2011-12-29 12:43:
Lending to the euro zone's private sector fell in November to its lowest rate in over a year, a sign that economic activity in Europe is poised to remain depressed.
Lending to Private Sector Slows
Lending to the euro zone's private sector fell in November to its lowest rate in over a year, a sign that economic activity in Europe is poised to remain depressed.
2011-12-29 10:39:
The rate of growth of money supply in the euro zone dropped in November, even as the European Central Bank continued to pump liquidity into the currency bloc's struggling banking sector.
Euro Zone Money-Supply Growth Slows
The rate of growth of money supply in the euro zone dropped in November, even as the European Central Bank continued to pump liquidity into the currency bloc's struggling banking sector.
2011-12-29 10:33:
Spanish gross domestic product likely contracted in the last three months of the year amid heightened financial-market stress and a deteriorating outlook for European and global economies, the Bank of Spain said.
Spain Economy Likely Shrunk
Spanish gross domestic product likely contracted in the last three months of the year amid heightened financial-market stress and a deteriorating outlook for European and global economies, the Bank of Spain said.
2011-12-29 02:09:
Though America's national debt is growing by the second and some strategists are yelling that the country is destined to be the next Greece, U.S. borrowing costs have seldom been lower -- and the rally in government bond prices is likely to continue into 2012.
Global Concerns to Keep Lid on U.S. Rates
Though America's national debt is growing by the second and some strategists are yelling that the country is destined to be the next Greece, U.S. borrowing costs have seldom been lower -- and the rally in government bond prices is likely to continue into 2012.
2011-12-29 02:04:
Hedge funds have been buying housing-related investments, betting on a rebound. Bulls have been burned in the past, but optimistic investors are pointing to pent-up demand and suggest a housing bottom may be in sight.
Big Funds Build Case for Housing
Hedge funds have been buying housing-related investments, betting on a rebound. Bulls have been burned in the past, but optimistic investors are pointing to pent-up demand and suggest a housing bottom may be in sight.
2011-12-28 19:37:
Even after the European Central Bank doled out nearly half a trillion euros of loans to cash-strapped banks last week, fears about potential financial problems are stalking the sector. One big reason: concerns about collateral.
European Bank Worry: Collateral
Even after the European Central Bank doled out nearly half a trillion euros of loans to cash-strapped banks last week, fears about potential financial problems are stalking the sector. One big reason: concerns about collateral.
2011-12-28 16:08:
Japanese industrial production fell 2.6% in November from the previous month, but analysts were encouraged by surprisingly strong forecasts for December and January.
Japan's Industrial Output Falls
Japanese industrial production fell 2.6% in November from the previous month, but analysts were encouraged by surprisingly strong forecasts for December and January.
2011-12-28 04:51:
As America's baby boomers grow older and creakier, some companies are trying to keep those with hard-to-replace skills fit enough to remain on the job.
Keeping Boomers Fit for Work
As America's baby boomers grow older and creakier, some companies are trying to keep those with hard-to-replace skills fit enough to remain on the job.
2011-12-28 04:42:
The prolonged economic slump has fueled a surge in applications for Social Security disability benefits, with many desperate Americans seeking refuge in the program as a last resort after their unemployment insurance and savings run out.
Jobless Tap Disability Fund
The prolonged economic slump has fueled a surge in applications for Social Security disability benefits, with many desperate Americans seeking refuge in the program as a last resort after their unemployment insurance and savings run out.
2011-12-28 02:48:
Law-enforcement agencies in Texas are grappling with an unusual problem: stray donkeys, which are roaming roads and fields in growing numbers and overwhelming animal shelters.
Drought Leads to Stray Donkey Deluge
Law-enforcement agencies in Texas are grappling with an unusual problem: stray donkeys, which are roaming roads and fields in growing numbers and overwhelming animal shelters.
2011-12-27 23:36:
The prolonged U.S. housing bust is threatening to claim yet another victim: the nascent recovery in the labor market.
Housing Imperils Job Gains
The prolonged U.S. housing bust is threatening to claim yet another victim: the nascent recovery in the labor market.
2011-12-27 22:36:
The Obama administration once again opted not to accuse China of manipulating its currency, but said the pace of appreciation has been "insufficient."
U.S. Declines to Cite China on Currency
The Obama administration once again opted not to accuse China of manipulating its currency, but said the pace of appreciation has been "insufficient."
2011-12-27 18:06:
Obama plans to nominate a Harvard University finance professor and a former private-equity executive to fill the two vacancies on the seven-member Federal Reserve Board.
Obama to Tap Fed Board Nominees
Obama plans to nominate a Harvard University finance professor and a former private-equity executive to fill the two vacancies on the seven-member Federal Reserve Board.
2011-12-27 16:44:
Consumer confidence surged to its highest level since April, but the U.S. housing market continued to weigh on the economy with home prices falling 3.4% for the year as of October.
Confidence Rises, but Home Prices Fall
Consumer confidence surged to its highest level since April, but the U.S. housing market continued to weigh on the economy with home prices falling 3.4% for the year as of October.
2011-12-27 01:01:
U.S. inflation is slowing after a surge early in the year, a welcome sign that gives the Fed some maneuvering room in 2012 if central-bank officials want to take steps to bolster economic growth.
Slowing Inflation Cheers Fed
U.S. inflation is slowing after a surge early in the year, a welcome sign that gives the Fed some maneuvering room in 2012 if central-bank officials want to take steps to bolster economic growth.
2011-12-25 08:47:
Most presidential elections turn on the economy, but that figures to be especially true this time, meaning President Obama would seem to face bleak prospects. But he holds some advantages.
Campaign 2012's Harsh Backdrop
Most presidential elections turn on the economy, but that figures to be especially true this time, meaning President Obama would seem to face bleak prospects. But he holds some advantages.
2011-12-25 03:55:
Most presidential elections turn on the economy, but that figures to be especially true this time, meaning President Obama would seem to face bleak prospects. But he holds some advantages.
Campaign 2012's Harsh Economic Backdrop
Most presidential elections turn on the economy, but that figures to be especially true this time, meaning President Obama would seem to face bleak prospects. But he holds some advantages.
2011-12-24 22:08:
Persian Gulf oil ministers on Sunday will consider precautionary options for mitigating the impact of any blockade of the Strait of Hormuz, senior Gulf oil officials said on Saturday.
Gulf Ministers to Weigh Options to Counter Possible Blockade
Persian Gulf oil ministers on Sunday will consider precautionary options for mitigating the impact of any blockade of the Strait of Hormuz, senior Gulf oil officials said on Saturday.
2011-12-24 02:27:
Cody Preston, who was featured in an article in The Wall Street Journal about high unemployment among young workers, was laid off again Thursday.
Hunting for Work --- Again
Cody Preston, who was featured in an article in The Wall Street Journal about high unemployment among young workers, was laid off again Thursday.
2011-12-24 02:14:
As the euro-zone debt crisis intensified, at least two global banks took steps to install back-up technology systems that could handle trades in old European currencies.
Banks Struggle With Euro Contingencies
As the euro-zone debt crisis intensified, at least two global banks took steps to install back-up technology systems that could handle trades in old European currencies.
2011-12-24 01:49:
U.S. consumers spent a little more in November amid small income gains and low prices. Separately, a gain in orders for long-lasting goods rose on strong demand for civilian airplanes.
U.S. Consumer Spending Inches Upward
U.S. consumers spent a little more in November amid small income gains and low prices. Separately, a gain in orders for long-lasting goods rose on strong demand for civilian airplanes.
2011-12-23 21:52:
U.S. consumers spent a little more in November amid small income gains and low prices. Separately, a gain in orders for long-lasting goods rose on strong demand for civilian airplanes.
U.S. Income, Spending Edge Up
U.S. consumers spent a little more in November amid small income gains and low prices. Separately, a gain in orders for long-lasting goods rose on strong demand for civilian airplanes.
2011-12-23 21:30:
The House and Senate approved a two-month extension of the payroll-tax cut, averting an increase that would have left workers with less take-home pay next year.
Lawmakers Clear Accord on Payroll Tax
The House and Senate approved a two-month extension of the payroll-tax cut, averting an increase that would have left workers with less take-home pay next year.
2011-12-23 19:14:
The Federal Reserve could signal it is likely to keep short-term interest rates near zero into 2014 or beyond, to bolster the fragile economic recovery.
Fed May Signal Low Rates Into '14
The Federal Reserve could signal it is likely to keep short-term interest rates near zero into 2014 or beyond, to bolster the fragile economic recovery.
2011-12-23 16:52:
Use of the European Central Bank's overnight deposit facility reached a new record high for the year, suggesting recent measures by central banks and policy makers still aren't enough to restore confidence in interbank lending markets.
Overnight Deposits at ECB Hit 2011 High
Use of the European Central Bank's overnight deposit facility reached a new record high for the year, suggesting recent measures by central banks and policy makers still aren't enough to restore confidence in interbank lending markets.
2011-12-23 14:35:
U.S. consumers spent a little more in November amid small income gains and low prices. Separately, a gain in orders for long-lasting goods rose on strong demand for civilian airplanes.
Income, Spending Post Modest Rise
U.S. consumers spent a little more in November amid small income gains and low prices. Separately, a gain in orders for long-lasting goods rose on strong demand for civilian airplanes.
2011-12-23 13:49:
Most private economists forecast a modest 2% growth rate for the U.S. in 2012, with a pace subdued by housing woes, a lackluster job market, and cuts by government.
Risks Cloud 2012 Outlook
Most private economists forecast a modest 2% growth rate for the U.S. in 2012, with a pace subdued by housing woes, a lackluster job market, and cuts by government.
2011-12-23 10:58:
The common currency is becoming controversial even in the Netherlands, host of the Maastricht summit 20 years ago and a place where economic and political opinion long was almost unanimously pro-euro.
Doubts in Euro's Birthplace
The common currency is becoming controversial even in the Netherlands, host of the Maastricht summit 20 years ago and a place where economic and political opinion long was almost unanimously pro-euro.
2011-12-23 03:45:
The U.S. job market is showing signs of strength, and consumers are responding by growing a bit more upbeat about the economy.
Consumers Perk Up
The U.S. job market is showing signs of strength, and consumers are responding by growing a bit more upbeat about the economy.
2011-12-23 03:37:
Most private economists forecast a modest 2% growth rate for the U.S. in 2012, with a pace subdued by housing woes, a lackluster job market, and cuts by government.
Risks Cloud Outlook for Economy in 2012
Most private economists forecast a modest 2% growth rate for the U.S. in 2012, with a pace subdued by housing woes, a lackluster job market, and cuts by government.
2011-12-23 01:46:
The Federal Reserve could signal it is likely to keep short-term interest rates near zero into 2014 or beyond, to bolster the fragile economic recovery.
Fed May Signal Low Rates Into 2014
The Federal Reserve could signal it is likely to keep short-term interest rates near zero into 2014 or beyond, to bolster the fragile economic recovery.
2011-12-22 23:42:
The Federal Reserve could signal it is likely to keep short-term interest rates near zero into 2014 or beyond, to bolster the fragile economic recovery.
Fed Could Keep Rates Near Zero Into 2014
The Federal Reserve could signal it is likely to keep short-term interest rates near zero into 2014 or beyond, to bolster the fragile economic recovery.
2011-12-22 17:03:
The Italian Senate backed Prime Minister Mario Monti's austerity package in a confidence vote, granting final approval to a plan aimed at restoring investors' confidence in the country's struggling economy.
Italy Backs Austerity
The Italian Senate backed Prime Minister Mario Monti's austerity package in a confidence vote, granting final approval to a plan aimed at restoring investors' confidence in the country's struggling economy.
2011-12-22 15:28:
The U.K. economy expanded by more than initially estimated in the third quarter, but the nation's current account deficit widened to the largest ever recorded.
U.K. Grows More Than Thought
The U.K. economy expanded by more than initially estimated in the third quarter, but the nation's current account deficit widened to the largest ever recorded.
2011-12-22 12:55:
India's food inflation rate has risen at its slowest pace in nearly four years, cementing expectations of a steady easing in overall price pressures that will let the central bank focus on stimulating growth.
India Food Inflation Slowest in Nearly Four Years
India's food inflation rate has risen at its slowest pace in nearly four years, cementing expectations of a steady easing in overall price pressures that will let the central bank focus on stimulating growth.
2011-12-22 04:28:
New Zealand's economy expanded more than expected in the third quarter but the data is unlikely to have much impact on monetary policy as growth was largely boosted by the Rugby World Cup.
Rugby Boosts New Zealand's GDP
New Zealand's economy expanded more than expected in the third quarter but the data is unlikely to have much impact on monetary policy as growth was largely boosted by the Rugby World Cup.
2011-12-22 01:37:
New Zealand's economy expanded at a faster rate in the third quarter than in the second quarter, boosted by the Rugby World Cup, which attracted more than 133,000 people to the country between July and October.
Rugby Boosts New Zealand Adjusted GDP
New Zealand's economy expanded at a faster rate in the third quarter than in the second quarter, boosted by the Rugby World Cup, which attracted more than 133,000 people to the country between July and October.
2011-12-21 21:39:
Obama called Boehner to urge approval of a two-month extension of current tax rates ahead of the Jan. 1 deadline.
Obama Calls Boehner Over Tax Impasse
Obama called Boehner to urge approval of a two-month extension of current tax rates ahead of the Jan. 1 deadline.
2011-12-21 18:54:
U.S. home sales grew in November, and the year's sales are on pace to be above last year's. But the real-estate group that provides the data significantly revised down sales for the past four years.
Home Resales Rise 4%
U.S. home sales grew in November, and the year's sales are on pace to be above last year's. But the real-estate group that provides the data significantly revised down sales for the past four years.
2011-12-21 03:41:
Unemployment rates dropped in 43 U.S. states and Washington, D.C., in November from a month earlier, the Labor Department said, but job growth remained relatively subdued.
Unemployment Eases, Jobs Still Scarce
Unemployment rates dropped in 43 U.S. states and Washington, D.C., in November from a month earlier, the Labor Department said, but job growth remained relatively subdued.
2011-12-21 03:12:
Greece is close to an agreement with its private-sector creditors to restructure the country's debt.
Athens Is Close to Deal With Creditors
Greece is close to an agreement with its private-sector creditors to restructure the country's debt.
2011-12-21 02:37:
The biggest U.S. banks will be required to limit their financial ties to one another under new proposed rules aimed at preventing the collapse of one big institution from triggering a larger, cascading crisis.
Fed Details New Bank Rules
The biggest U.S. banks will be required to limit their financial ties to one another under new proposed rules aimed at preventing the collapse of one big institution from triggering a larger, cascading crisis.
2011-12-21 02:32:
California's attorney general sued Fannie Mae and Freddie Mac, seeking to force the firms to answer a detailed list of questions after the firms' federal regulator sought to block an open-ended inquiry by the state.
California Suing Fannie and Freddie
California's attorney general sued Fannie Mae and Freddie Mac, seeking to force the firms to answer a detailed list of questions after the firms' federal regulator sought to block an open-ended inquiry by the state.
2011-12-21 02:08:
House Republicans dug in for a year-end standoff Tuesday, scuttling a temporary extension to a payroll-tax break that President Obama called the "only viable way" to prevent a New Year's tax increase.
Standoff Sets In as House Rejects Tax Bill
House Republicans dug in for a year-end standoff Tuesday, scuttling a temporary extension to a payroll-tax break that President Obama called the "only viable way" to prevent a New Year's tax increase.
2011-12-21 01:29:
Japan posted a ¥684.73 billion, or $8.79 billion, trade deficit in November, as exports continued to fall amid slowing global growth, a strong yen and flooding in Thailand.
Japan Posts Another Trade Shortfall
Japan posted a ¥684.73 billion, or $8.79 billion, trade deficit in November, as exports continued to fall amid slowing global growth, a strong yen and flooding in Thailand.
2011-12-21 01:10:
Residential construction surged in November, sparking cautious hope that the U.S. housing market is gaining traction.
Demand for Rentals Drives Big Rise in Home Building
Residential construction surged in November, sparking cautious hope that the U.S. housing market is gaining traction.
2011-12-21 00:04:
The biggest U.S. banks will be required to limit their financial ties to one another under new proposed rules aimed at preventing the collapse of one big institution from triggering a larger, cascading crisis.
Fed Spells Out New Rules for Banks
The biggest U.S. banks will be required to limit their financial ties to one another under new proposed rules aimed at preventing the collapse of one big institution from triggering a larger, cascading crisis.
2011-12-20 22:37:
California Attorney General Kamala D. Harris filed suit against Fannie Mae and Freddie Mac on Tuesday, seeking to force the firms to answer a detailed list of questions after the firms' federal regulator sought to block an open-ended inquiry by the state.
California Attorney General Sues Fannie and Freddie
California Attorney General Kamala D. Harris filed suit against Fannie Mae and Freddie Mac on Tuesday, seeking to force the firms to answer a detailed list of questions after the firms' federal regulator sought to block an open-ended inquiry by the state.
2011-12-20 21:46:
The Federal Reserve wants the nation's largest financial firms to scale back their risk-taking as part of an effort to reduce the threat they pose to the financial system.
Fed Proposes Regulations for Large Financial Firms
The Federal Reserve wants the nation's largest financial firms to scale back their risk-taking as part of an effort to reduce the threat they pose to the financial system.
2011-12-20 20:56:
Fitch Ratings placed banks in multiple European nations on watch for possible downgrade following the placement of the their home country's sovereign ratings under a similar review recently.
Fitch Puts European Banks on Watch
Fitch Ratings placed banks in multiple European nations on watch for possible downgrade following the placement of the their home country's sovereign ratings under a similar review recently.
2011-12-20 18:09:
The International Monetary Fund said Ireland has so far made "exceptional" efforts to meet its bailout targets, but urged the European Union to do more to help the country deal with debts owed by its banks.
IMF Urges EU to Support Ireland
The International Monetary Fund said Ireland has so far made "exceptional" efforts to meet its bailout targets, but urged the European Union to do more to help the country deal with debts owed by its banks.
2011-12-20 15:44:
Most of the tools the Bank of England might use to prevent a buildup of excessive risk in the financial system have significant drawbacks, a staff paper from the BOE and the FSA showed.
BOE: Crisis Tools Have Drawbacks
Most of the tools the Bank of England might use to prevent a buildup of excessive risk in the financial system have significant drawbacks, a staff paper from the BOE and the FSA showed.
2011-12-20 15:05:
U.S. home building hit its highest level in 19 months in November, with most of the increase coming from multifamily construction.
Apartments Drive Home Building
U.S. home building hit its highest level in 19 months in November, with most of the increase coming from multifamily construction.
2011-12-20 14:58:
India can end aggressive monetary tightening as inflation is showing definitive signs of a decline, the chairman of the Prime Minister's Economic Advisory Council said.
India Adviser: Monetary Tightening Can End
India can end aggressive monetary tightening as inflation is showing definitive signs of a decline, the chairman of the Prime Minister's Economic Advisory Council said.
2011-12-20 14:35:
U.S. home building climbed to the highest level in 19 months during November, with most of the increase in housing starts coming from multifamily construction.
Construction Climbs on Multifamily Starts
U.S. home building climbed to the highest level in 19 months during November, with most of the increase in housing starts coming from multifamily construction.
2011-12-20 14:16:
The euro and other risk-sensitive currencies such as the pound and Australian dollar gained against the U.S. dollar after a German business-sentiment survey surpassed expectations and Spain sold more debt than planned and at a sharply lower cost.
Euro Pushes Toward $1.31
The euro and other risk-sensitive currencies such as the pound and Australian dollar gained against the U.S. dollar after a German business-sentiment survey surpassed expectations and Spain sold more debt than planned and at a sharply lower cost.
2011-12-20 10:24:
European stocks were flat to slightly lower early Tuesday as a deal by European finance ministers to boost the firepower of the International Monetary Fund fell short of expectations.
European Stocks Flat
European stocks were flat to slightly lower early Tuesday as a deal by European finance ministers to boost the firepower of the International Monetary Fund fell short of expectations.
2011-12-20 10:20:
Japan should consider holding Chinese government bonds to strengthen ties with its Asian neighbor, its finance minister said ahead of a planned visit to China by Prime Minister Yoshihiko Noda.
Japan Considers Buying Chinese Bonds
Japan should consider holding Chinese government bonds to strengthen ties with its Asian neighbor, its finance minister said ahead of a planned visit to China by Prime Minister Yoshihiko Noda.
2011-12-20 10:18:
Sweden's Riksbank cut its benchmark interest rate as it reacted to the worsening outlook for Europe, a key market for the export-dependent country.
Sweden Cuts Interest Rate
Sweden's Riksbank cut its benchmark interest rate as it reacted to the worsening outlook for Europe, a key market for the export-dependent country.
2011-12-20 08:00:
The euro was steady against the dollar, while other higher-yielding currencies such as the Australian dollar and the Korean won rose amid improved risk-sentiment the day after the news of Kim Jong Il's death.
Euro Steady as Asia Concerns Ease
The euro was steady against the dollar, while other higher-yielding currencies such as the Australian dollar and the Korean won rose amid improved risk-sentiment the day after the news of Kim Jong Il's death.
2011-12-20 03:41:
Spain's prime minister-elect promised quick action to cut the country's towering budget deficit by at least $21.5 billion next year and to overhaul an ailing economy he warned was tipping back into recession.
Spain's Rajoy Takes Aim at Deficit
Spain's prime minister-elect promised quick action to cut the country's towering budget deficit by at least $21.5 billion next year and to overhaul an ailing economy he warned was tipping back into recession.
2011-12-20 02:07:
The threat of a New Year's tax increase loomed larger Monday, as Congress deadlocked over legislation to extend a payroll tax break and unemployment benefits.
Lawmakers Deadlock Over Tax Cut
The threat of a New Year's tax increase loomed larger Monday, as Congress deadlocked over legislation to extend a payroll tax break and unemployment benefits.
2011-12-19 23:26:
he threat of euro-zone sovereign credit downgrades weakened the euro Monday, as fears of skyrocketing European borrowing costs counterbalanced efforts by the 17-nation currency bloc to stabilize its debt crisis.
Euro Falls Below $1.30 Mark
he threat of euro-zone sovereign credit downgrades weakened the euro Monday, as fears of skyrocketing European borrowing costs counterbalanced efforts by the 17-nation currency bloc to stabilize its debt crisis.
2011-12-19 22:40:
Euro-zone finance ministers on Monday confirmed plans to contribute ?150 billion ($195.6 billion) in additional bilateral loans to the International Monetary Fund as part of a move to boost its resources for crisis response.
Euro-Zone Ministers Agree on New Loans to IMF
Euro-zone finance ministers on Monday confirmed plans to contribute ?150 billion ($195.6 billion) in additional bilateral loans to the International Monetary Fund as part of a move to boost its resources for crisis response.
2011-12-19 20:55:
Argentina's government is now using import substitution policies to turn the South American nation into one of the world's most protectionist countries.
Importers Hamstrung in Argentina
Argentina's government is now using import substitution policies to turn the South American nation into one of the world's most protectionist countries.
2011-12-19 18:08:
Bank's president rules out large-scale government bond buys in attempt to avoid economic slowdown.
ECB Will Provide Liquidity to Banks, Draghi Says
Bank's president rules out large-scale government bond buys in attempt to avoid economic slowdown.
2011-12-19 10:49:
European stocks started slightly lower as investors awaited a conference call between euro-zone ministers to discuss increasing the International Monetary Fund's firepower to lend to ailing euro-zone countries.
European Stocks Down
European stocks started slightly lower as investors awaited a conference call between euro-zone ministers to discuss increasing the International Monetary Fund's firepower to lend to ailing euro-zone countries.
2011-12-19 09:44:
European stocks started in the red as fears about credit rating downgrades in Europe weighed heavily.
Ratings Fears Hit Europe Stocks
European stocks started in the red as fears about credit rating downgrades in Europe weighed heavily.
2011-12-19 06:03:
Britons who chose to take vacations in the U.K. helped halve the country's trade deficit between 2007 and 2011, according to a Bank of England analysis, as a weak pound caused imports of travel services to slump.
U.K. Vacationers Aid Nation's Trade Balance
Britons who chose to take vacations in the U.K. helped halve the country's trade deficit between 2007 and 2011, according to a Bank of England analysis, as a weak pound caused imports of travel services to slump.
2011-12-19 04:37:
Many older Americans fear they will be working well into their 60s because they didn't save enough to retire. Those without full-time jobs are short of money and afraid of what lies ahead.
Oldest Baby Boomers Face Jobs Bust
Many older Americans fear they will be working well into their 60s because they didn't save enough to retire. Those without full-time jobs are short of money and afraid of what lies ahead.
2011-12-19 02:50:
Boehner ruled out approval of a Senate deal to extend the payroll-tax cut by two months after rank-and-file House Republicans rebelled.
House Balks at Payroll Tax Deal
Boehner ruled out approval of a Senate deal to extend the payroll-tax cut by two months after rank-and-file House Republicans rebelled.
2011-12-19 02:12:
After more than two years of frustrating fits and starts, the U.S. economy shows modest signs of picking up, raising the question of whether such improvements could be lasting or significant enough to affect the 2012 campaign debate.
Voters to Read Recovery Signs
After more than two years of frustrating fits and starts, the U.S. economy shows modest signs of picking up, raising the question of whether such improvements could be lasting or significant enough to affect the 2012 campaign debate.
2011-12-19 02:08:
House Speaker John Boehner flatly ruled out approval of a Senate agreement to temporarily extend the payroll tax cut through February, leaving uncertain both the tax cut and other year-end business as Congress struggled to finish its work for 2011.
Payroll-Tax Deal Opposed
House Speaker John Boehner flatly ruled out approval of a Senate agreement to temporarily extend the payroll tax cut through February, leaving uncertain both the tax cut and other year-end business as Congress struggled to finish its work for 2011.
2011-12-18 23:46:
The Obama administration, its European allies and key Arab states are intensifying discussions on how to maintain stability in the global energy markets, in a possible precursor to a formal embargo on Iran's oil exports and its central bank.
Nations Weigh Impact of Iran Strategy
The Obama administration, its European allies and key Arab states are intensifying discussions on how to maintain stability in the global energy markets, in a possible precursor to a formal embargo on Iran's oil exports and its central bank.
2011-12-18 23:45:
House Speaker Boehner's opposition to the two-month extension of payroll-tax breaks and jobless benefits approved by the Senate throws into doubt the prospects of a quick fix.
Payroll-Tax Bill Opposed by Boehner
House Speaker Boehner's opposition to the two-month extension of payroll-tax breaks and jobless benefits approved by the Senate throws into doubt the prospects of a quick fix.
2011-12-18 21:19:
House Speaker John Boehner said Sunday he opposes the two-month extension of payroll-tax breaks and unemployment benefits approved by the Senate, throwing into doubt the prospects of a quick fix to the year-end partisan dispute.
Boehner Opposes Senate Payroll-Tax Bill
House Speaker John Boehner said Sunday he opposes the two-month extension of payroll-tax breaks and unemployment benefits approved by the Senate, throwing into doubt the prospects of a quick fix to the year-end partisan dispute.
2011-12-18 21:14:
House Speaker John Boehner said Sunday he opposes the two-month extension of payroll-tax breaks and unemployment benefits approved by the Senate, throwing into doubt the prospects of a quick fix to the year-end partisan dispute.
Boehner Opposes Senate Payroll-Tax Cut
House Speaker John Boehner said Sunday he opposes the two-month extension of payroll-tax breaks and unemployment benefits approved by the Senate, throwing into doubt the prospects of a quick fix to the year-end partisan dispute.
2011-12-18 19:48:
House Speaker Boehner said Sunday he opposes the two-month extension of payroll-tax breaks and unemployment benefits approved by the Senate, throwing into doubt the prospects of a quick fix to the year-end partisan dispute.
Boehner Against Two-Month Tax-Cut Extension
House Speaker Boehner said Sunday he opposes the two-month extension of payroll-tax breaks and unemployment benefits approved by the Senate, throwing into doubt the prospects of a quick fix to the year-end partisan dispute.
2011-12-18 09:14:
The U.S. Senate approved a two-month extension of payroll-tax breaks and unemployment benefits, providing a measure of relief in a struggling economy.
Senate Clears Tax-Break Extension
The U.S. Senate approved a two-month extension of payroll-tax breaks and unemployment benefits, providing a measure of relief in a struggling economy.
2011-12-17 22:11:
The U.S. Senate approved a two-month extension of payroll-tax breaks and unemployment benefits, providing a measure of relief in a struggling economy, and also passed a $1 trillion spending bill.
Senate Clears Tax-Break Extension, Spending Bill
The U.S. Senate approved a two-month extension of payroll-tax breaks and unemployment benefits, providing a measure of relief in a struggling economy, and also passed a $1 trillion spending bill.
2011-12-17 19:01:
The U.S. Senate cast a last-minute vote Saturday to keep the government funded for the rest of fiscal 2012 and approved a deal to extend for two months a payroll-tax break and federal unemployment insurance.
Senate Clears Spending Bill, Tax-Break Extension
The U.S. Senate cast a last-minute vote Saturday to keep the government funded for the rest of fiscal 2012 and approved a deal to extend for two months a payroll-tax break and federal unemployment insurance.
2011-12-17 03:40:
The lower house of Italy's parliament backed Prime Minister Mario Monti's multibillion euro-austerity package in a confidence vote, clearing an early hurdle in the new government's drive to overhaul Italy's economy.
Italians Vote for Austerity
The lower house of Italy's parliament backed Prime Minister Mario Monti's multibillion euro-austerity package in a confidence vote, clearing an early hurdle in the new government's drive to overhaul Italy's economy.
2011-12-16 16:16:
Crown Castle agreed to buy NextG Networks for about $1 billion in cash from Madison Dearborn Partners, expanding the cell-tower company's coverage beyond those areas traditionally served by towers.
Crown Castle to Buy NextG Networks for $1 Billion
Crown Castle agreed to buy NextG Networks for about $1 billion in cash from Madison Dearborn Partners, expanding the cell-tower company's coverage beyond those areas traditionally served by towers.
2011-12-16 16:00:
China has launched a trial program to allow yuan funds raised offshore to be invested in its domestic capital markets, in a widely anticipated and significant move to help internationalize the Chinese currency and further open the nation's tightly controlled capital account.
China Launches New Trial Program for Yuan Investments
China has launched a trial program to allow yuan funds raised offshore to be invested in its domestic capital markets, in a widely anticipated and significant move to help internationalize the Chinese currency and further open the nation's tightly controlled capital account.
2011-12-16 14:33:
U.S. consumer prices held flat in November as a drop in energy costs offset a slight rise in food prices and other items.
Consumer Prices Steady
U.S. consumer prices held flat in November as a drop in energy costs offset a slight rise in food prices and other items.
2011-12-16 04:41:
Many European banks and institutional investors now want to buy the bonds only of their home countries or of safe markets such as Germany, bad news for heavily indebted euro-zone nations.
Ties That Bound Europe Now Fraying
Many European banks and institutional investors now want to buy the bonds only of their home countries or of safe markets such as Germany, bad news for heavily indebted euro-zone nations.
2011-12-16 04:30:
Real-estate prices are falling across much of Asia as government measures to rein in once-booming prices start to bite and the slowing global economy hits export-dependent economies.
Property Prices Cool Across Asia
Real-estate prices are falling across much of Asia as government measures to rein in once-booming prices start to bite and the slowing global economy hits export-dependent economies.
2011-12-16 01:20:
A drop in new unemployment filings to a three-and-a-half-year low offered the latest indication of an improving labor market, but a drop in U.S. industrial output last month highlighted vulnerability to shocks.
Labor Market Notches Gains
A drop in new unemployment filings to a three-and-a-half-year low offered the latest indication of an improving labor market, but a drop in U.S. industrial output last month highlighted vulnerability to shocks.
2011-12-15 21:41:
Earthquakes in New Zealand and Japan, floods in Thailand and a series of severe storms in the U.S. will help send 2011 into the record books as the most costly year for catastrophes on record.
Disaster Losses Hit Record Levels in 2011
Earthquakes in New Zealand and Japan, floods in Thailand and a series of severe storms in the U.S. will help send 2011 into the record books as the most costly year for catastrophes on record.
2011-12-15 19:42:
Mario Draghi rejected suggestions that the ECB should ramp up its purchases of government bonds to ease the euro zone's debt crisis.
ECB's Draghi Plays Down Hopes on Bonds
Mario Draghi rejected suggestions that the ECB should ramp up its purchases of government bonds to ease the euro zone's debt crisis.
2011-12-15 18:11:
A drop in new unemployment filings to a three-and-a-half-year low offered the latest indication of an improving labor market, but a drop in U.S. industrial output last month highlighted vulnerability to shocks.
Lower Jobless Claims Signal Progress
A drop in new unemployment filings to a three-and-a-half-year low offered the latest indication of an improving labor market, but a drop in U.S. industrial output last month highlighted vulnerability to shocks.
2011-12-15 18:03:
Spain's final bond auction of the year saw very strong demand, although market participants expect the country's borrowing conditions to remain tough next year.
Spain Seizes on Demand to Nearly Double Bond Sale
Spain's final bond auction of the year saw very strong demand, although market participants expect the country's borrowing conditions to remain tough next year.
2011-12-15 15:59:
Asian airlines and shipping companies, already battling a slowdown in cargo traffic, are facing significantly higher borrowing costs as European banks pull back from lending.
Loan Costs Hit Asian Firms
Asian airlines and shipping companies, already battling a slowdown in cargo traffic, are facing significantly higher borrowing costs as European banks pull back from lending.
2011-12-15 15:18:
National Australia Bank Chairman Michael Chaney said volatile markets are boosting funding costs, and hit back at politicians who have criticised the country's big banks for lagging central bank rate cuts.
NAB: Volatile Markets Boosting Funding Costs
National Australia Bank Chairman Michael Chaney said volatile markets are boosting funding costs, and hit back at politicians who have criticised the country's big banks for lagging central bank rate cuts.
2011-12-15 14:51:
The number of workers filing new applications for unemployment benefits fell to the lowest level since May 2008 last week. Separately, U.S. wholesale prices were up amid higher food costs.
Jobless Claims Drop to Three-Year Low
The number of workers filing new applications for unemployment benefits fell to the lowest level since May 2008 last week. Separately, U.S. wholesale prices were up amid higher food costs.
2011-12-15 13:41:
Spain's final bond auction of the year saw very strong demand, although market participants expect the country's borrowing conditions to remain tough next year.
Spain Bonds Sale Goes Smoothly
Spain's final bond auction of the year saw very strong demand, although market participants expect the country's borrowing conditions to remain tough next year.
2011-12-15 13:24:
The ECB welcomed last week's agreement on deeper fiscal integration but criticized the pact for falling short of being a breakthrough and bearing the risk of being watered down.
ECB Says EU Pact No 'Quantum Leap'
The ECB welcomed last week's agreement on deeper fiscal integration but criticized the pact for falling short of being a breakthrough and bearing the risk of being watered down.
2011-12-15 12:21:
Spanish house prices fell at their fastest pace in two years in the third quarter, as the country's three-year property bust continues to take its toll on the economy.
Spanish House Prices Tumble
Spanish house prices fell at their fastest pace in two years in the third quarter, as the country's three-year property bust continues to take its toll on the economy.
2011-12-15 11:49:
The euro-zone debt crisis poses a substantial threat to the region's economic prospects, the European Central Bank said, elaborating on its decision to lower its growth forecasts.
ECB Cuts Growth View
The euro-zone debt crisis poses a substantial threat to the region's economic prospects, the European Central Bank said, elaborating on its decision to lower its growth forecasts.
2011-12-15 11:31:
U.K. retail sales volumes fell more than expected in November as the previous month's boost from earlier-than-usual holiday season discounts and promotions appeared to run out of steam.
U.K. Retail Sales Dip
U.K. retail sales volumes fell more than expected in November as the previous month's boost from earlier-than-usual holiday season discounts and promotions appeared to run out of steam.
2011-12-15 10:42:
The U.K.'s Financial Services Authority is meeting with banks to discuss the state of their preparedness for a potential breakup of the euro zone.
U.K. Is Pondering End of the Euro
The U.K.'s Financial Services Authority is meeting with banks to discuss the state of their preparedness for a potential breakup of the euro zone.
2011-12-15 10:31:
Private-sector activity in the euro zone declined for the fourth straight month in December, despite an expansion in powerhouse Germany, according to a survey of purchasing managers.
Euro-Zone Business Activity Falls
Private-sector activity in the euro zone declined for the fourth straight month in December, despite an expansion in powerhouse Germany, according to a survey of purchasing managers.
2011-12-15 10:15:
The Swiss National Bank kept the minimum floor unchanged at 1.20 Swiss francs against the euro, even as it warned of a highly uncertain international economic outlook.
SNB Keeps Floor at 1.20 Swiss Francs
The Swiss National Bank kept the minimum floor unchanged at 1.20 Swiss francs against the euro, even as it warned of a highly uncertain international economic outlook.
2011-12-15 10:07:
Investors are ignoring strong economic data, which might hint at inflation, and pushing Treasury yields to near-record lows.
Treasury Buyers Flip Script
Investors are ignoring strong economic data, which might hint at inflation, and pushing Treasury yields to near-record lows.
2011-12-15 09:58:
Private sector activity in Germany expanded in December, driven by a pickup in the services sector and a less sharp decline in manufacturing, according to a survey of purchasing managers.
German Private Sector Expands
Private sector activity in Germany expanded in December, driven by a pickup in the services sector and a less sharp decline in manufacturing, according to a survey of purchasing managers.
2011-12-15 03:13:
These days, investors are ignoring strong economic data, which might hint at inflation, and pushing Treasury yields to near-record lows.
U.S. Treasury Buyers Flip the Script
These days, investors are ignoring strong economic data, which might hint at inflation, and pushing Treasury yields to near-record lows.
2011-12-15 02:42:
Europe faced more gloom as the euro sank below $1.30 for the first time since January and leaders underlined how far apart they remain.
Leaders Grow Further Apart on Solutions
Europe faced more gloom as the euro sank below $1.30 for the first time since January and leaders underlined how far apart they remain.
2011-12-14 23:11:
The U.K.'s Financial Services Authority is meeting with banks to discuss the state of their preparedness for a potential breakup of the euro zone.
U.K. Regulators, Banks Discuss Euro-Breakup Plans
The U.K.'s Financial Services Authority is meeting with banks to discuss the state of their preparedness for a potential breakup of the euro zone.
2011-12-14 18:28:
Australian consumer sentiment plunged in December as rising unemployment and heightened fears linked to Europe's debt crisis swamped news of cuts in interest rates over recent months.
Australian Consumer Sentiment Plunges
Australian consumer sentiment plunged in December as rising unemployment and heightened fears linked to Europe's debt crisis swamped news of cuts in interest rates over recent months.
2011-12-14 15:36:
The fundamentals of the French economy are strong and the country will honor its debts, French Budget Minister Valérie Pécresse said, as euro-zone countries face a potential ratings downgrade on their sovereign debt.
French 'Fundamentals' Strong
The fundamentals of the French economy are strong and the country will honor its debts, French Budget Minister Valérie Pécresse said, as euro-zone countries face a potential ratings downgrade on their sovereign debt.
2011-12-14 14:41:
The number of unemployed Britons has risen to its highest level for 17 years as the slowdown in the economy weighs further on the labor market and dims the outlook for consumer demand.
U.K. Unemployment Hits High
The number of unemployed Britons has risen to its highest level for 17 years as the slowdown in the economy weighs further on the labor market and dims the outlook for consumer demand.
2011-12-14 08:50:
Westpac Banking says Europe's debt woes will impact the price of credit to Australia's banks, potentially stopping them from passing official interest rate cuts to customers.
Westpac Warns on Crisis Fallout
Westpac Banking says Europe's debt woes will impact the price of credit to Australia's banks, potentially stopping them from passing official interest rate cuts to customers.
2011-12-14 04:36:
California Gov. Jerry Brown said the state must make $981 million in midyear budget cuts, the latest fiscal blow to the nation's most populous state.
California Faces More Budget Cuts
California Gov. Jerry Brown said the state must make $981 million in midyear budget cuts, the latest fiscal blow to the nation's most populous state.
2011-12-14 01:42:
U.S. retail sales grew less than expected in November, a disappointing start to the holiday shopping season after solid gains the previous two months.
Shoppers Forgo Basics to Buy Holiday Gifts
U.S. retail sales grew less than expected in November, a disappointing start to the holiday shopping season after solid gains the previous two months.
2011-12-14 01:13:
The mini-crisis in Latvia's banking system appeared to have stabilized, but the run that started over the weekend underlines the risks of doing business in markets that place little trust in financial institutions and policy makers.
Latvians Regain Their Calm
The mini-crisis in Latvia's banking system appeared to have stabilized, but the run that started over the weekend underlines the risks of doing business in markets that place little trust in financial institutions and policy makers.
2011-12-13 23:41:
OPEC ministers move closer to agreement to maintain current production levels, while some work to repair relations frayed at June's meeting.
OPEC Nearer to Production Deal
OPEC ministers move closer to agreement to maintain current production levels, while some work to repair relations frayed at June's meeting.
2011-12-13 21:37:
Fed officials left their policy options open for 2012 but took no actions and offered an assessment of the economy that was guardedly more upbeat.
Fed Stands Pat
Fed officials left their policy options open for 2012 but took no actions and offered an assessment of the economy that was guardedly more upbeat.
2011-12-13 16:35:
OPEC ministers have expressed satisfaction with current levels of oil supply and demand, but this view was challenged by pessimism about the level of oil consumption next year.
OPEC Oil View Challenged
OPEC ministers have expressed satisfaction with current levels of oil supply and demand, but this view was challenged by pessimism about the level of oil consumption next year.
2011-12-13 15:45:
U.S. retail sales grew less than expected in November, a disappointing start to the holiday shopping season after solid gains the previous two months.
Retail Sales Post Modest Rise
U.S. retail sales grew less than expected in November, a disappointing start to the holiday shopping season after solid gains the previous two months.
2011-12-13 12:25:
Fed Chairman Bernanke is entering what are likely to be the final, critical stages of his role as head of the central bank. After 10 years in Washington and six at the helm of the Fed, his record is mixed, his legacy incomplete.
Bernanke's Legacy Remains Uncertain
Fed Chairman Bernanke is entering what are likely to be the final, critical stages of his role as head of the central bank. After 10 years in Washington and six at the helm of the Fed, his record is mixed, his legacy incomplete.
2011-12-13 11:31:
The deal reached among the 17 euro-area countries and six more European Union states to push through a stricter fiscal rule book won't be easy to implement from a legal perspective, European Council President Herman Van Rompuy said.
Legal Problems Seen for EU Deal
The deal reached among the 17 euro-area countries and six more European Union states to push through a stricter fiscal rule book won't be easy to implement from a legal perspective, European Council President Herman Van Rompuy said.
2011-12-13 11:17:
The annual rate of inflation in the U.K. slowed in November, aided by better harvests and a fall in petrol prices.
U.K. Inflation Rate Slows
The annual rate of inflation in the U.K. slowed in November, aided by better harvests and a fall in petrol prices.
2011-12-13 05:47:
loans, reflecting concerns about a shortage of dollars for year-end book closings as the European debt crisis grinds on.
Banks Tap BOJ for Record $4.756 Billion
loans, reflecting concerns about a shortage of dollars for year-end book closings as the European debt crisis grinds on.
2011-12-13 04:51:
Fed Chairman Bernanke is entering what are likely to be the final, critical stages of his role as head of the central bank. After ten years in Washington and six at the helm of the Fed, his record is mixed, his legacy incomplete.
Bernanke's Legacy: Still a Lagging Indicator
Fed Chairman Bernanke is entering what are likely to be the final, critical stages of his role as head of the central bank. After ten years in Washington and six at the helm of the Fed, his record is mixed, his legacy incomplete.
2011-12-13 01:04:
The U.S. economy is on track to grow faster in the current quarter than any time since the second quarter of last year, though several risks?including a possible meltdown in Europe?are clouding the outlook.
Economy Poised for Growth Spurt, but Risks Abound
The U.S. economy is on track to grow faster in the current quarter than any time since the second quarter of last year, though several risks?including a possible meltdown in Europe?are clouding the outlook.
2011-12-12 16:03:
Italian and Spanish borrowing costs pushed higher as the EU deal didn't succeed in convincing market participants that a longer-term resolution had been reached.
Italian, Spanish Bond Yields Rise
Italian and Spanish borrowing costs pushed higher as the EU deal didn't succeed in convincing market participants that a longer-term resolution had been reached.
2011-12-12 15:45:
The Italian Treasury's funding costs declined at a 12-month treasury bill auction despite the fact that last week's EU summit failed to convince investors it had delivered a long-term solution to the continent's debt crisis.
Italy Sees Funding Cost Fall
The Italian Treasury's funding costs declined at a 12-month treasury bill auction despite the fact that last week's EU summit failed to convince investors it had delivered a long-term solution to the continent's debt crisis.
2011-12-12 15:15:
Turkey's central bank governor warned Monday that inflation was now his No.1 problem as data confirmed the economy expanded 8.2% in the third quarter, smashing economists' expectations
Turkish Economy Booms
Turkey's central bank governor warned Monday that inflation was now his No.1 problem as data confirmed the economy expanded 8.2% in the third quarter, smashing economists' expectations
2011-12-12 03:22:
Recipients of state money in California are bracing for as much as $2.5 billion in emergency budget cuts prompted by a revenue shortfall in the nation's most populous state.
California Budget Cuts Likely
Recipients of state money in California are bracing for as much as $2.5 billion in emergency budget cuts prompted by a revenue shortfall in the nation's most populous state.
2011-12-12 03:06:
Fannie Mae and Freddie Mac, and their regulator, are facing increasing scrutiny from an aggressive inspector general.
Homing in on Fannie, Freddie
Fannie Mae and Freddie Mac, and their regulator, are facing increasing scrutiny from an aggressive inspector general.
2011-12-12 01:48:
An unusual amount of U.S. government debt will be auctioned before year-end, but worry over the euro-zone likely means investors will scoop it all up.
Debt Buyers Brace for Busy Weeks
An unusual amount of U.S. government debt will be auctioned before year-end, but worry over the euro-zone likely means investors will scoop it all up.
2011-12-11 22:16:
An unusual amount of U.S. government debt will be auctioned before year-end, but worry over the euro-zone likely means investors will scoop it all up.
Seven Treasury Sales in Eight Days
An unusual amount of U.S. government debt will be auctioned before year-end, but worry over the euro-zone likely means investors will scoop it all up.
2011-12-10 12:38:
A spat over extending a payroll-tax cut that benefits some 160 million Americans spilled over into the weekend, with Obama and Boehner giving dueling radio addresses.
Obama, Boehner Duel Over Payroll Tax
A spat over extending a payroll-tax cut that benefits some 160 million Americans spilled over into the weekend, with Obama and Boehner giving dueling radio addresses.
2011-12-10 03:02:
Heads of European Union governments agreed?for the first time in this crisis?that their governments would send the IMF up to ?200 billion ($267 billion) to bolster the fund's resources, likely from national central banks in Europe.
Pining for an IMF Solution, Europe Agrees to Feed Fund
Heads of European Union governments agreed?for the first time in this crisis?that their governments would send the IMF up to ?200 billion ($267 billion) to bolster the fund's resources, likely from national central banks in Europe.
2011-12-10 01:29:
A profit warning from DuPont set off new alarm bells that big U.S. manufacturers are tightening inventories as a precaution amid uncertainty about the global economy.
DuPont's Warning Rings New Alarm
A profit warning from DuPont set off new alarm bells that big U.S. manufacturers are tightening inventories as a precaution amid uncertainty about the global economy.
2011-12-09 22:28:
A day after European Central Bank President Mario Draghi damped expectations the bank would become more aggressive in supporting euro-zone debt markets, the ECB responded to a sharp rise in Italian yields by buying the country's bonds, suggesting the bank isn't going to abandon governments struggling to regain the confidence of financial markets.
Draghi May Be Pushed Into Bigger Role for ECB
A day after European Central Bank President Mario Draghi damped expectations the bank would become more aggressive in supporting euro-zone debt markets, the ECB responded to a sharp rise in Italian yields by buying the country's bonds, suggesting the bank isn't going to abandon governments struggling to regain the confidence of financial markets.
2011-12-09 22:11:
With growth slowing and inflation becoming less of a problem, China's Communist Party leadership indicated it was ready to stimulate the economy further, underlining a challenge facing other emerging markets as well.
Chinese Data Set Stage for Stimulus
With growth slowing and inflation becoming less of a problem, China's Communist Party leadership indicated it was ready to stimulate the economy further, underlining a challenge facing other emerging markets as well.
2011-12-09 21:40:
A profit warning from DuPont set off new alarm bells that big U.S. manufacturers are tightening inventories as a precaution amid uncertainty about the global economy.
Inventory Cuts Signal Unease Among Manufacturers
A profit warning from DuPont set off new alarm bells that big U.S. manufacturers are tightening inventories as a precaution amid uncertainty about the global economy.
2011-12-09 21:33:
The USDA forecast record global production of wheat and corn as farmers around the world respond to the past year's high grain prices.
U.S. Forecasts Record Global Corn, Wheat Output
The USDA forecast record global production of wheat and corn as farmers around the world respond to the past year's high grain prices.
2011-12-09 17:19:
Record global wheat and corn production and increased competition in the world's export markets led the U.S. Department of Agriculture to lower its forecasts for wheat and soybean shipments.
U.S. Lowers Soy, Wheat Export Forecasts
Record global wheat and corn production and increased competition in the world's export markets led the U.S. Department of Agriculture to lower its forecasts for wheat and soybean shipments.
2011-12-09 13:56:
India's trade deficit in November narrowed from a four-year high in the previous month but remained a worry for the government, which expects exports to nearly meet the full-year aim despite weakening demand in the euro zone.
India Trade Gap Narrows
India's trade deficit in November narrowed from a four-year high in the previous month but remained a worry for the government, which expects exports to nearly meet the full-year aim despite weakening demand in the euro zone.
2011-12-09 11:43:
China's consumer price index rose 4.2% in November from a year earlier, sharply slower than a 5.5% year-to-year rise in October, likely giving authorities more room to loosen monetary policy to support growth.
China's Inflation Slows Sharply
China's consumer price index rose 4.2% in November from a year earlier, sharply slower than a 5.5% year-to-year rise in October, likely giving authorities more room to loosen monetary policy to support growth.
2011-12-09 10:31:
Investor George Soros's family fund bought about $2 billion of European bonds formerly owned by MF Global, the debt that helped force the securities firm to file for bankruptcy protection Oct. 31.
Corzine Loss May Be Soros Gain
Investor George Soros's family fund bought about $2 billion of European bonds formerly owned by MF Global, the debt that helped force the securities firm to file for bankruptcy protection Oct. 31.
2011-12-09 03:14:
Americans' progress toward rebuilding the wealth lost during the recession took a major blow in the third quarter, as stocks tumbled and home prices continued to drift lower. But such setbacks didn't keep consumers from spending.
Consumers Hit Shops Despite Lost Wealth
Americans' progress toward rebuilding the wealth lost during the recession took a major blow in the third quarter, as stocks tumbled and home prices continued to drift lower. But such setbacks didn't keep consumers from spending.
2011-12-09 03:13:
A significant shift in trading of China's yuan is sending signals that investors and companies expect China to halt the appreciation of its currency, despite heightened pressure from Washington.
Yuan's Rise Is Out of Steam
A significant shift in trading of China's yuan is sending signals that investors and companies expect China to halt the appreciation of its currency, despite heightened pressure from Washington.
2011-12-09 02:59:
The ailing housing market is unlikely to return to health before 2016 and is weighing on the two-year-old U.S. recovery, which finally is showing signs of picking up steam.
Inflation Rate Seen Outpacing Home Prices for Years
The ailing housing market is unlikely to return to health before 2016 and is weighing on the two-year-old U.S. recovery, which finally is showing signs of picking up steam.
2011-12-09 02:26:
Investor George Soros's family fund bought about $2 billion of European bonds formerly owned by MF Global, the debt that helped force the securities firm to file for bankruptcy protection Oct. 31.
Corzine's Loss May Be Soros's Gain
Investor George Soros's family fund bought about $2 billion of European bonds formerly owned by MF Global, the debt that helped force the securities firm to file for bankruptcy protection Oct. 31.
2011-12-08 21:13:
The Federal Reserve appointed Steven Kamin director of its international finance division, a key post amid rising concerns over the effect of Europe's debt crisis on the U.S. economy.
Fed Names Head of International Finance Unit
The Federal Reserve appointed Steven Kamin director of its international finance division, a key post amid rising concerns over the effect of Europe's debt crisis on the U.S. economy.
2011-12-08 20:41:
Fifty money managers have used Securities and Exchange Commission rules to keep confidential their stakes in certain companies so far this year, an analysis of securities filings shows.
Mum's the Word for Some Investors
Fifty money managers have used Securities and Exchange Commission rules to keep confidential their stakes in certain companies so far this year, an analysis of securities filings shows.
2011-12-08 20:30:
A significant shift in trading of China's yuan is sending signals that investors and companies expect China to halt the appreciation of its currency, despite heightened pressure from Washington.
Firms See End to Yuan's Ascent
A significant shift in trading of China's yuan is sending signals that investors and companies expect China to halt the appreciation of its currency, despite heightened pressure from Washington.
2011-12-08 19:57:
The ailing housing market is unlikely to return to health before 2016 and is weighing on the two-year-old U.S. recovery, which finally is showing signs of picking up steam.
Inflation Seen Outpacing Home Prices
The ailing housing market is unlikely to return to health before 2016 and is weighing on the two-year-old U.S. recovery, which finally is showing signs of picking up steam.
2011-12-08 15:22:
The ECB embarked on a series of unconventional measures in a step to fight the euro-zone's debt crisis. It also returned its benchmark refinancing rate to a historic low of 1%.
ECB Makes New Crisis Moves
The ECB embarked on a series of unconventional measures in a step to fight the euro-zone's debt crisis. It also returned its benchmark refinancing rate to a historic low of 1%.
2011-12-08 14:13:
The European Central Bank returned its benchmark refinancing rate to a historic low of 1%, fully reversing its much-criticized increases.
ECB Cuts Rates; Draghi Eyed for Clues
The European Central Bank returned its benchmark refinancing rate to a historic low of 1%, fully reversing its much-criticized increases.
2011-12-08 14:10:
The Bank of England kept its key interest rate on hold at 0.5% and the size of its stimulus program unchanged, but is expected to step up its efforts to support the U.K. economy early next year.
BOE Leaves Rates, Asset Buying Unchanged
The Bank of England kept its key interest rate on hold at 0.5% and the size of its stimulus program unchanged, but is expected to step up its efforts to support the U.K. economy early next year.
2011-12-08 13:36:
The European Union is nearing a deal to lend ?200 billion to the International Monetary Fund?including ?150 billion coming from the 17-nation euro zone?that the IMF could then use to shore up the troubled euro-zone sovereign debt market, euro-zone officials said.
EU Nearing IMF Loan Deal
The European Union is nearing a deal to lend ?200 billion to the International Monetary Fund?including ?150 billion coming from the 17-nation euro zone?that the IMF could then use to shore up the troubled euro-zone sovereign debt market, euro-zone officials said.
2011-12-08 13:14:
Fifty money managers have used Securities and Exchange Commission rules to keep confidential their stakes in certain companies so far this year, an analysis of securities filings shows.
Mum's Word for Some Investors
Fifty money managers have used Securities and Exchange Commission rules to keep confidential their stakes in certain companies so far this year, an analysis of securities filings shows.
2011-12-08 06:02:
Natural gas will replace coal as the leading fuel for generating electricity in the U.S. by 2025, when it will also become the world's No. 2 overall fuel source, according to Exxon's latest long-term outlook.
Exxon Sees Gas as King
Natural gas will replace coal as the leading fuel for generating electricity in the U.S. by 2025, when it will also become the world's No. 2 overall fuel source, according to Exxon's latest long-term outlook.
2011-12-08 06:02:
Fifty money managers have used Securities and Exchange Commission rules to keep confidential their stakes in certain companies so far this year, an analysis of securities filings shows.
SEC Lets Some Investors Keep Quiet
Fifty money managers have used Securities and Exchange Commission rules to keep confidential their stakes in certain companies so far this year, an analysis of securities filings shows.
2011-12-08 04:32:
Australia's economy shed 39,900 full-time jobs in November, a stark reminder that gains from the biggest mining boom in the country's history aren't being shared evenly.
Australia Job Market Weakens
Australia's economy shed 39,900 full-time jobs in November, a stark reminder that gains from the biggest mining boom in the country's history aren't being shared evenly.
2011-12-08 03:42:
South Korea's central bank kept its benchmark interest rate on hold for a sixth month, remaining cautious due to concerns about Europe's debt crisis and a global economic slowdown.
Bank of Korea Holds Rate
South Korea's central bank kept its benchmark interest rate on hold for a sixth month, remaining cautious due to concerns about Europe's debt crisis and a global economic slowdown.
2011-12-08 02:35:
Japan's current account surplus contracted for the eighth straight month in October, falling 62.4% from a year earlier.
Japan Current Account Contracts Again
Japan's current account surplus contracted for the eighth straight month in October, falling 62.4% from a year earlier.
2011-12-08 02:20:
Bipartisan concerns that extending the payroll-tax cut would weaken Social Security are spilling into the open, complicating the effort to allow the tax break for workers to continue into 2012.
Social Security New Front in Tax Fight
Bipartisan concerns that extending the payroll-tax cut would weaken Social Security are spilling into the open, complicating the effort to allow the tax break for workers to continue into 2012.
2011-12-08 02:04:
The Missouri Gaming Commission voted unanimously to allow gamblers to soon drop their self-imposed, state-enforced lifetime bans from state casinos.
Missouri Removes Bans on Gambling
The Missouri Gaming Commission voted unanimously to allow gamblers to soon drop their self-imposed, state-enforced lifetime bans from state casinos.
2011-12-08 01:15:
Obama and Canadian Prime Minister Stephen Harper endorsed a broad plan to integrate North American security efforts and accelerate the flow of trade across the border.
U.S., Canada Endorse Border Plan
Obama and Canadian Prime Minister Stephen Harper endorsed a broad plan to integrate North American security efforts and accelerate the flow of trade across the border.
2011-12-07 22:14:
The Missouri Gaming Commission voted unanimously to allow gamblers to soon drop their self-imposed, state-enforced lifetime bans from state casinos, the latest move by a state to rollback safeguards aimed at protecting problem gamblers.
Missouri Eases Rule on Gambling Bans
The Missouri Gaming Commission voted unanimously to allow gamblers to soon drop their self-imposed, state-enforced lifetime bans from state casinos, the latest move by a state to rollback safeguards aimed at protecting problem gamblers.
2011-12-07 19:59:
Spain's central bank agreed to hand over seized savings bank Caja de Ahorros del Mediterráneo to Banco de Sabadell, in a deal that will position Sabadell as the country's fifth-largest lender.
Spain's Central Bank Agrees to Caja Deal
Spain's central bank agreed to hand over seized savings bank Caja de Ahorros del Mediterráneo to Banco de Sabadell, in a deal that will position Sabadell as the country's fifth-largest lender.
2011-12-07 19:12:
Republican House leaders are carefully courting rank-and-file GOP lawmakers to win their support for extending the payroll tax break.
GOP Leaders Woo Lawmakers on Payroll Tax
Republican House leaders are carefully courting rank-and-file GOP lawmakers to win their support for extending the payroll tax break.
2011-12-07 15:43:
Europe's cash-strapped banks are taking advantage of the ECB's cheaper U.S. dollar tenders in an effort to confront their funding problems.
EU Banks Seek Dollars From ECB
Europe's cash-strapped banks are taking advantage of the ECB's cheaper U.S. dollar tenders in an effort to confront their funding problems.
2011-12-07 12:26:
The debate over too-big-to-fail banks is far from over, and banks will be watching closely Wednesday's Senate subcommittee hearing focusing on the Dodd-Frank Act's new powers, writes David Reilly.
Battle Over Too-Big-to-Fail Continues
The debate over too-big-to-fail banks is far from over, and banks will be watching closely Wednesday's Senate subcommittee hearing focusing on the Dodd-Frank Act's new powers, writes David Reilly.
2011-12-07 10:45:
U.S. Treasury Secretary Tim Geithner said he was confident that the efforts made by European governments to tackle the current sovereign-debt crisis and the economic slowdown will be successful.
Geithner Says Europe 'Will Succeed'
U.S. Treasury Secretary Tim Geithner said he was confident that the efforts made by European governments to tackle the current sovereign-debt crisis and the economic slowdown will be successful.
2011-12-07 10:30:
Italy's industrial output fell more than expected in October, suggesting that the euro zone's third-largest economy may already be in a recession.
Italian Industrial Output Drops
Italy's industrial output fell more than expected in October, suggesting that the euro zone's third-largest economy may already be in a recession.
2011-12-07 10:20:
The havoc wreaked by MF Global's bankruptcy filing has been felt not just by Wall Street investors and traders, but also by wheat and corn growers, cattle ranchers and pig farmers.
MF's Failure Gets Felt on Farm
The havoc wreaked by MF Global's bankruptcy filing has been felt not just by Wall Street investors and traders, but also by wheat and corn growers, cattle ranchers and pig farmers.
2011-12-07 02:15:
A key vote in Missouri will decide whether to relax measures aimed at keeping gambling addicts out of casinos, the latest push by a cash-strapped state to make gambling restrictions less stringent.
States Rethink Gambling Limits
A key vote in Missouri will decide whether to relax measures aimed at keeping gambling addicts out of casinos, the latest push by a cash-strapped state to make gambling restrictions less stringent.
2011-12-07 01:37:
Adopting a sharply partisan and populist tone, President Obama on Tuesday painted a picture of the American middle class under siege from wealthy interests, drawing an explicit comparison to the industrial monopolies of an earlier era.
Obama Takes Populist Swing
Adopting a sharply partisan and populist tone, President Obama on Tuesday painted a picture of the American middle class under siege from wealthy interests, drawing an explicit comparison to the industrial monopolies of an earlier era.
2011-12-07 00:38:
The debate over too-big-to-fail banks is far from over, and banks will be watching closely Wednesday's Senate subcommittee hearing focusing on the Dodd-Frank Act's new powers, writes David Reilly.
The Battle Over Too-Big-to-Fail Continues
The debate over too-big-to-fail banks is far from over, and banks will be watching closely Wednesday's Senate subcommittee hearing focusing on the Dodd-Frank Act's new powers, writes David Reilly.
2011-12-07 00:01:
Democrats and Republicans struggled to make progress on renewing an expiring payroll-tax cut, pointing to a bumpy road ahead if Congress is to act before its target adjournment date for the year.
Payroll-Tax Plans Fail to Gain Traction
Democrats and Republicans struggled to make progress on renewing an expiring payroll-tax cut, pointing to a bumpy road ahead if Congress is to act before its target adjournment date for the year.
2011-12-06 23:44:
Democrats and Republicans struggled to make progress on renewing an expiring payroll-tax cut, pointing to a bumpy road ahead if Congress is to act before its target adjournment date for the year.
Latest Payroll Tax Plans Fail to Gain Traction
Democrats and Republicans struggled to make progress on renewing an expiring payroll-tax cut, pointing to a bumpy road ahead if Congress is to act before its target adjournment date for the year.
2011-12-06 22:22:
Setting the tone for his re-election campaign, Obama called for Americans to get a "fair shot" at advancement to the middle class, deriding the "breathtaking greed of a few" and chastising Republicans who he said enabled them.
Obama Vows to Fight for Middle Class
Setting the tone for his re-election campaign, Obama called for Americans to get a "fair shot" at advancement to the middle class, deriding the "breathtaking greed of a few" and chastising Republicans who he said enabled them.
2011-12-06 21:24:
Obama said the American middle class is facing a "make or break moment," striking a populist tone and invoking President Theodore Roosevelt.
Obama Says Middle Class Faces 'Make or Break Moment'
Obama said the American middle class is facing a "make or break moment," striking a populist tone and invoking President Theodore Roosevelt.
2011-12-06 21:03:
The havoc wreaked by MF Global's bankruptcy filing has been felt not just by Wall Street investors and traders, but also by wheat and corn growers, cattle ranchers and pig farmers.
MF's Failure Gets Felt on the Farm
The havoc wreaked by MF Global's bankruptcy filing has been felt not just by Wall Street investors and traders, but also by wheat and corn growers, cattle ranchers and pig farmers.
2011-12-06 20:18:
U.S. Treasury Secretary Geithner said the U.S. continues to support a constructive role for the IMF in efforts to end Europe's debt crisis, but denied reports of the Fed making huge loans to the IMF.
Geithner Sees Role for IMF in Crisis
U.S. Treasury Secretary Geithner said the U.S. continues to support a constructive role for the IMF in efforts to end Europe's debt crisis, but denied reports of the Fed making huge loans to the IMF.
2011-12-06 19:59:
U.S. Treasury Secretary Geithner said the U.S. continues to support a constructive role for the IMF in efforts to end Europe's debt crisis, but denied reports of the Fed making huge loans to the IMF.
Geithner Sees Role for IMF in Euro Crisis
U.S. Treasury Secretary Geithner said the U.S. continues to support a constructive role for the IMF in efforts to end Europe's debt crisis, but denied reports of the Fed making huge loans to the IMF.
2011-12-06 18:09:
Senate Minority Leader Mitch McConnell rejected the latest Democratic proposal to extend the payroll-tax holiday, pushing off the prospect of reaching a quick compromise on the tax break.
McConnell Rejects New Payroll-Tax Bill
Senate Minority Leader Mitch McConnell rejected the latest Democratic proposal to extend the payroll-tax holiday, pushing off the prospect of reaching a quick compromise on the tax break.
2011-12-06 17:45:
Brazil's economy posted its slowest growth of the year in the third quarter, rising 2.1%, as global uncertainties finally undermined activity in Latin America's largest economy.
Brazilian Growth Slows to a Crawl
Brazil's economy posted its slowest growth of the year in the third quarter, rising 2.1%, as global uncertainties finally undermined activity in Latin America's largest economy.
2011-12-06 16:25:
Brazil's economy posted its slowest growth of the year in the third quarter, rising 2.1%, as global uncertainties finally undermined activity in Latin America's largest economy.
Brazil Growth Slows to a Crawl in 3rd Quarter
Brazil's economy posted its slowest growth of the year in the third quarter, rising 2.1%, as global uncertainties finally undermined activity in Latin America's largest economy.
2011-12-06 16:04:
Senate Democrats unveiled a scaled-back bill to extend payroll-tax relief that immediately was denounced by some Republicans as an empty gesture.
GOP Rejects Payroll-Tax Bill
Senate Democrats unveiled a scaled-back bill to extend payroll-tax relief that immediately was denounced by some Republicans as an empty gesture.
2011-12-06 15:21:
Swiss consumer prices eased in November as the strong franc pushed automobile and food costs lower, outweighing higher energy and accommodation costs.
Swiss Consumer Prices Slip On Franc
Swiss consumer prices eased in November as the strong franc pushed automobile and food costs lower, outweighing higher energy and accommodation costs.
2011-12-06 13:20:
New orders in Germany's key manufacturing sector rose sharply in October, beating expectations and adding to a recent run of positive data that indicate the euro zone's largest economy has yet to succumb to the bloc's worsening debt crisis.
German Manufacturing Powers On
New orders in Germany's key manufacturing sector rose sharply in October, beating expectations and adding to a recent run of positive data that indicate the euro zone's largest economy has yet to succumb to the bloc's worsening debt crisis.
2011-12-06 12:36:
Senate Democrats unveiled a scaled-back bill to extend payroll-tax relief that immediately was denounced by some Republicans as an empty gesture.
GOP Rejects Democrats' Payroll-Tax Bill
Senate Democrats unveiled a scaled-back bill to extend payroll-tax relief that immediately was denounced by some Republicans as an empty gesture.
2011-12-06 12:16:
A rise in consumer spending and exports that was partly offset by a reduction in stocks was behind the euro-zone economy's modest expansion in the third quarter.
Euro-Zone GDP in Mild Rise
A rise in consumer spending and exports that was partly offset by a reduction in stocks was behind the euro-zone economy's modest expansion in the third quarter.
2011-12-06 12:05:
Swiss consumer prices eased in November as the strong franc pushed automobile and food costs lower, outweighing higher energy and accommodation costs.
Swiss Consumer Prices Slip On Firm Franc
Swiss consumer prices eased in November as the strong franc pushed automobile and food costs lower, outweighing higher energy and accommodation costs.
2011-12-06 03:46:
California Gov. Jerry Brown filed an initiative to ask voters to raise state income taxes on the wealthy, as New York Gov. Andrew Cuomo also lays the groundwork for a tax overhaul that may increase revenue from the rich.
California's Brown Seeks to Raise Taxes on Wealthy
California Gov. Jerry Brown filed an initiative to ask voters to raise state income taxes on the wealthy, as New York Gov. Andrew Cuomo also lays the groundwork for a tax overhaul that may increase revenue from the rich.
2011-12-06 02:52:
Senate Democrats unveiled a scaled-back bill to extend payroll-tax relief that immediately was denounced by some Republicans as an empty gesture.
GOP Rejects Democrats' New Payroll-Tax Bill
Senate Democrats unveiled a scaled-back bill to extend payroll-tax relief that immediately was denounced by some Republicans as an empty gesture.
2011-12-05 20:59:
Amid threats to the euro, Metallica, the Red Hot Chili Peppers and other rockers are going hardcore to master currency moves, to protect their overseas income.
Metallica, Other Bands Try to Play Forex Market
Amid threats to the euro, Metallica, the Red Hot Chili Peppers and other rockers are going hardcore to master currency moves, to protect their overseas income.
2011-12-05 12:36:
Amid threats to the euro, Metallica, the Red Hot Chili Peppers and other rockers are going hardcore to master currency moves, to protect their overseas income.
Bands Try to Play Forex Market
Amid threats to the euro, Metallica, the Red Hot Chili Peppers and other rockers are going hardcore to master currency moves, to protect their overseas income.
2011-12-05 11:42:
German private-sector activity contracted in November for the first time in more than two years, adding to signs of a downturn in the euro-zone economy and raising the stakes as leaders seek a new deal to contain the debt crisis.
German Private-Sector Activity Falls
German private-sector activity contracted in November for the first time in more than two years, adding to signs of a downturn in the euro-zone economy and raising the stakes as leaders seek a new deal to contain the debt crisis.
2011-12-05 11:27:
Job losses in the U.K.'s dominant services sector accelerated in November, despite increased activity led by a boost in new business.
U.K. Service-Sector Job Losses Gather Pace
Job losses in the U.K.'s dominant services sector accelerated in November, despite increased activity led by a boost in new business.
2011-12-05 10:22:
The euro zone's four largest economies all contracted in November, with German activity shrinking for the first time in two and a half years.
Euro-Zone Economy Shrinks
The euro zone's four largest economies all contracted in November, with German activity shrinking for the first time in two and a half years.
2011-12-05 04:35:
Amid threats to the euro from the debt crisis, Metallica, the Red Hot Chili Peppers and other rockers are going hardcore to master currency moves, to protect their overseas income.
Some Bands Try to Play Forex Market
Amid threats to the euro from the debt crisis, Metallica, the Red Hot Chili Peppers and other rockers are going hardcore to master currency moves, to protect their overseas income.
2011-12-05 02:21:
Bargain-hunting has been a boon for the likes of Dollar General and Costco Wholesale, both of which report results this week.
In Bargain Aisle, a Squeeze on Margins
Bargain-hunting has been a boon for the likes of Dollar General and Costco Wholesale, both of which report results this week.
2011-12-05 02:14:
European policy makers hold the key to the euro's direction next week: Whether it rises or falls depends on the outcome of a meeting of leaders to address the debt crisis and a ECB decision on interest rates.
Euro Focus Turns to Policy
European policy makers hold the key to the euro's direction next week: Whether it rises or falls depends on the outcome of a meeting of leaders to address the debt crisis and a ECB decision on interest rates.
2011-12-05 02:12:
While an end to the European debt crisis still appears a long way off, some in the market see signs the massive waves of bond-market selling may be ebbing.
A Break in the Debt Gloom
While an end to the European debt crisis still appears a long way off, some in the market see signs the massive waves of bond-market selling may be ebbing.
2011-12-05 01:06:
Federal Reserve officials are close to completing an overhaul of how they signal their policy plans to the public.
Fed Prepares to Make Itself Perfectly Clear
Federal Reserve officials are close to completing an overhaul of how they signal their policy plans to the public.
2011-12-02 11:17:
Prices for goods leaving factories in the euro zone rose by less than expected in October, in a sign that some inflationary pressures may be easing as the 17-nation economy flirts with recession.
Data Suggest Euro-Zone Inflation Easing
Prices for goods leaving factories in the euro zone rose by less than expected in October, in a sign that some inflationary pressures may be easing as the 17-nation economy flirts with recession.
2011-12-02 03:04:
In the U.S., U.K. and Portugal, European banks are altering their legal structures or moving assets and business lines between units in ways that help them avoid local rules and oversight.
Europe's Banks Find Refuge in Structure
In the U.S., U.K. and Portugal, European banks are altering their legal structures or moving assets and business lines between units in ways that help them avoid local rules and oversight.
2011-12-02 02:56:
Presidential candidate Newt Gingrich touted the virtues of Freddie Mac's business model in an interview with the company in April 2007, remarks that contrast with his recent statements that he had warned the company of impending financial disaster.
Gingrich Backed Freddie Mac in 2007 Interview
Presidential candidate Newt Gingrich touted the virtues of Freddie Mac's business model in an interview with the company in April 2007, remarks that contrast with his recent statements that he had warned the company of impending financial disaster.
2011-12-02 02:56:
Just as a European crisis and a weak U.S. recovery are hurting Chinese exporters, the confidence that had sustained China's property boom is evaporating, causing a double whammy for growth: fading demand overseas and at home.
China's Bind: How to Avoid a Crash Landing
Just as a European crisis and a weak U.S. recovery are hurting Chinese exporters, the confidence that had sustained China's property boom is evaporating, causing a double whammy for growth: fading demand overseas and at home.
2011-12-02 01:51:
Two Federal Reserve officials sought to play down market expectations that the central bank would quickly take additional steps to boost financial markets or the U.S. economy.
Fed Officials See No New Move
Two Federal Reserve officials sought to play down market expectations that the central bank would quickly take additional steps to boost financial markets or the U.S. economy.
2011-12-01 23:13:
Euro zone officials have just a few weeks left to take decisive steps to ensure the common currency's long-term future, former U.K. Prime Minister Tony Blair said in The Wall Street Journal's Big Interview.
Blair: Euro is at a 'Final Decision Point'
Euro zone officials have just a few weeks left to take decisive steps to ensure the common currency's long-term future, former U.K. Prime Minister Tony Blair said in The Wall Street Journal's Big Interview.
2011-12-01 22:07:
Presidential candidate Newt Gingrich touted the virtues of Freddie Mac's business model in an interview with the company in April 2007, remarks that appear at odds with his recent statements that he had warned the company of impending financial disaster.
Gingrich in 2007 Lauded Freddie Mac
Presidential candidate Newt Gingrich touted the virtues of Freddie Mac's business model in an interview with the company in April 2007, remarks that appear at odds with his recent statements that he had warned the company of impending financial disaster.
2011-12-01 21:55:
The number of U.S. workers filing new applications for unemployment benefits unexpectedly rose last week, an indication that the jobs market remains shaky amid a slow recovery.
Jobless Claims Climb Past 400,000
The number of U.S. workers filing new applications for unemployment benefits unexpectedly rose last week, an indication that the jobs market remains shaky amid a slow recovery.
2011-12-01 20:14:
The outlook for the global economy deteriorated as factory activity contracted in Europe and China in November. But the U.S. managed to buck the trend.
Manufacturing Hits Outlook
The outlook for the global economy deteriorated as factory activity contracted in Europe and China in November. But the U.S. managed to buck the trend.
2011-12-01 18:17:
The number of U.S. workers filing new applications for unemployment benefits unexpectedly rose last week, an indication that the jobs market remains shaky amid a slow recovery.
Jobless Claims Climb Back Over 400,000
The number of U.S. workers filing new applications for unemployment benefits unexpectedly rose last week, an indication that the jobs market remains shaky amid a slow recovery.
2011-12-01 17:49:
Japan's prime minister ordered his government to craft a new spending package by the middle of the month to protect the nation's post-quake economic recovery, the fourth such extra budget in the current fiscal year.
Japan to Boost Spending
Japan's prime minister ordered his government to craft a new spending package by the middle of the month to protect the nation's post-quake economic recovery, the fourth such extra budget in the current fiscal year.
2011-12-01 16:23:
BOE's Mervyn King called the euro-zone situation "extraordinarily serious and threatening," while Cameron warned that a break-up will lead to a steep decline in economic output across Europe.
Britain Sounds Alarms on Crisis
BOE's Mervyn King called the euro-zone situation "extraordinarily serious and threatening," while Cameron warned that a break-up will lead to a steep decline in economic output across Europe.
2011-12-01 15:33:
BOE's Mervyn King called the euro-zone situation "extraordinarily serious and threatening," while Cameron warned that a break-up will lead to a steep decline in economic output across Europe.
Britain Sounds Alarms on Crisis
BOE's Mervyn King called the euro-zone situation "extraordinarily serious and threatening," while Cameron warned that a break-up will lead to a steep decline in economic output across Europe.
2011-12-01 13:20:
The euro zone's debt problems will cause widespread economic damage in a way "characteristic of a systemic crisis," BOE governor Mervyn King said.
BOE's King: Debt Is 'Systemic Crisis'
The euro zone's debt problems will cause widespread economic damage in a way "characteristic of a systemic crisis," BOE governor Mervyn King said.
2011-12-01 13:09:
The euro-zone crisis has created an "exceptionally threatening environment" for U.K. banks, which must step up efforts to rebuild capital buffers or risk plunging the U.K. economy into a credit crunch, the BOE warned.
Crisis 'Exceptional Threat' to U.K. Banks
The euro-zone crisis has created an "exceptionally threatening environment" for U.K. banks, which must step up efforts to rebuild capital buffers or risk plunging the U.K. economy into a credit crunch, the BOE warned.
2011-12-01 11:58:
The crisis in the euro zone has created an "exceptionally threatening environment" for U.K. banks, which must now step up efforts to rebuild capital buffers or risk plunging the U.K. economy into a renewed credit crunch, the Bank of England warned.
Euro-Zone Crisis 'Exceptional Threat' to U.K. Banks
The crisis in the euro zone has created an "exceptionally threatening environment" for U.K. banks, which must now step up efforts to rebuild capital buffers or risk plunging the U.K. economy into a renewed credit crunch, the Bank of England warned.
2011-12-01 11:43:
Japan's prime minister ordered his government to craft a new spending package by the middle of the month to protect the nation's post-quake economic recovery, the fourth such extra budget in the current fiscal year.
Japan Eyes New Budget
Japan's prime minister ordered his government to craft a new spending package by the middle of the month to protect the nation's post-quake economic recovery, the fourth such extra budget in the current fiscal year.
2011-12-01 04:48:
Standard & Poor's Ratings Services said its downgrade of six of the biggest U.S. financial institutions and upgrade of two Chinese banks captures what it believes is a fundamental shift in the global banking landscape in favor of Asia.
S&P Sees a Shift in Banking
Standard & Poor's Ratings Services said its downgrade of six of the biggest U.S. financial institutions and upgrade of two Chinese banks captures what it believes is a fundamental shift in the global banking landscape in favor of Asia.
2011-12-01 02:49:
Private-sector jobs in the U.S. rose by 206,000 in November, according to a national employment report published by payroll giant ADP.
Economy Adds 206,000 Jobs in Latest Survey
Private-sector jobs in the U.S. rose by 206,000 in November, according to a national employment report published by payroll giant ADP.
2011-12-01 00:06:
Michael Gibson, a deputy chief at the Fed's economic research department will take on his new role as director of the regulatory division next year.
Fed Names a New Chief Regulator
Michael Gibson, a deputy chief at the Fed's economic research department will take on his new role as director of the regulatory division next year.
2011-11-30 23:36:
Private-sector jobs in the U.S. rose by 206,000 in November, according to a national employment report published by payroll giant ADP.
Private-Sector Jobs Post Strong Growth
Private-sector jobs in the U.S. rose by 206,000 in November, according to a national employment report published by payroll giant ADP.
2011-11-30 23:19:
The economy is growing in most parts of the U.S., the Fed said. The data suggest a slow if increasingly steady recovery.
Fed: Growth Is Slow to Moderate
The economy is growing in most parts of the U.S., the Fed said. The data suggest a slow if increasingly steady recovery.
2011-11-30 22:47:
Anything the Fed can do to stop or slow the process of deleveraging in the short term will support the U.S. economy.
Central Banks' Action Hints At U.S. Fears
Anything the Fed can do to stop or slow the process of deleveraging in the short term will support the U.S. economy.
2011-11-30 22:14:
European Union finance ministers agreed to a plan for coordinated guarantees provided by national governments for longer-term debt issued by the region's banks, part of an effort to thaw the region's frozen wholesale lending market.
Finance Ministers Agree to EU Debt Guarantees
European Union finance ministers agreed to a plan for coordinated guarantees provided by national governments for longer-term debt issued by the region's banks, part of an effort to thaw the region's frozen wholesale lending market.
2011-11-30 20:58:
The economy is growing in most parts of the U.S., the Fed said in its latest beige book. The data suggest a slow if increasingly steady recovery.
Beige Book: Growth Is Slow to Moderate
The economy is growing in most parts of the U.S., the Fed said in its latest beige book. The data suggest a slow if increasingly steady recovery.
2011-11-30 20:22:
Private-sector jobs in the U.S. rose by 206,000 in November, according to a national employment report published by payroll giant ADP.
Private Jobs Post Strong Growth in ADP Survey
Private-sector jobs in the U.S. rose by 206,000 in November, according to a national employment report published by payroll giant ADP.
2011-11-30 19:18:
See economic, political and markets news from across Europe as governments and financial institutions deal with the continuing debt crisis.
Euro Zone Crisis Tracker
See economic, political and markets news from across Europe as governments and financial institutions deal with the continuing debt crisis.
2011-11-30 18:54:
Private-sector jobs in the U.S. rose by 206,000, according to a national employment report published by payroll giant ADP.
ADP: Private Jobs Post Strong Growth
Private-sector jobs in the U.S. rose by 206,000, according to a national employment report published by payroll giant ADP.
2011-11-30 17:40:
China's central bank said it will cut banks' reserve-requirement ratio by half a percentage point in a move to help support the economy amid world-wide market turmoil.
China Takes Step to Boost Liquidity
China's central bank said it will cut banks' reserve-requirement ratio by half a percentage point in a move to help support the economy amid world-wide market turmoil.
2011-11-30 17:17:
Canada's economy rebounded more strongly than expected in the third quarter, to 3.5%, as a surge in exports in the period dissipated fears that the country was sinking into a technical recession.
Canada GDP Expands 3.5%
Canada's economy rebounded more strongly than expected in the third quarter, to 3.5%, as a surge in exports in the period dissipated fears that the country was sinking into a technical recession.
2011-11-30 16:39:
The economic outlook has deteriorated significantly, the OECD said, urging the ECB to act more decisively to prevent the euro-zone debt crisis from deepening.
Outlook Slows for the Global Economy
The economic outlook has deteriorated significantly, the OECD said, urging the ECB to act more decisively to prevent the euro-zone debt crisis from deepening.
2011-11-30 15:47:
India's ruling Congress party rejected calls for a rollback of retail reforms, defending the government's decision to open up the sector to global supermarket chains - an issue that has paralyzed Parliament amid protests from opposition parties.
Indian Government Rejects Calls to Roll Back Retail Reform
India's ruling Congress party rejected calls for a rollback of retail reforms, defending the government's decision to open up the sector to global supermarket chains - an issue that has paralyzed Parliament amid protests from opposition parties.
2011-11-30 14:42:
Standard & Poor's Ratings Services said its downgrade of six of the biggest U.S. financial institutions and upgrade of two Chinese banks captures what it believes is a fundamental shift in the global banking landscape in favor of Asia.
S&P: Ratings Moves Reflect Asian Banks' Stability
Standard & Poor's Ratings Services said its downgrade of six of the biggest U.S. financial institutions and upgrade of two Chinese banks captures what it believes is a fundamental shift in the global banking landscape in favor of Asia.
2011-11-30 14:01:
Trade flows involving most major economies slowed sharply in the third quarter, reflecting faltering growth in the global economy, the OECD said.
Trade Flows Slow in Big Economies
Trade flows involving most major economies slowed sharply in the third quarter, reflecting faltering growth in the global economy, the OECD said.
2011-11-30 13:33:
The number of people out of work in the euro zone hit its highest level on record in October, underscoring the real economic damage caused by the debt crisis.
Unemployment in Euro Zone Hits High
The number of people out of work in the euro zone hit its highest level on record in October, underscoring the real economic damage caused by the debt crisis.
2011-11-30 13:28:
Carlos Ghosn called on the Japanese government to "draw a line in the sand" and prevent the yen from appreciating further against the dollar and other currencies.
Nissan CEO: Japan Should Act on Yen
Carlos Ghosn called on the Japanese government to "draw a line in the sand" and prevent the yen from appreciating further against the dollar and other currencies.
2011-11-30 12:13:
German retail sales rose unexpectedly and unemployment returned to a 20-year low, adding to a recent run of positive German data that continues to defy the euro-zone's worsening debt crisis.
German Data Defy Crisis
German retail sales rose unexpectedly and unemployment returned to a 20-year low, adding to a recent run of positive German data that continues to defy the euro-zone's worsening debt crisis.
2011-11-30 12:13:
The number of people out of work in the euro zone hit its highest level on record in October, underscoring the real economic damage caused by the debt crisis.
Euro-Zone Jobless Hits High
The number of people out of work in the euro zone hit its highest level on record in October, underscoring the real economic damage caused by the debt crisis.
2011-11-30 11:14:
Denmark's economic output shrank again in the third quarter after it had briefly bounced back to growth in the second quarter of the year.
Danish Economy Contracts Again
Denmark's economic output shrank again in the third quarter after it had briefly bounced back to growth in the second quarter of the year.
2011-11-30 11:09:
Carlos Ghosn called on the Japanese government to "draw a line in the sand" and prevent the yen from appreciating further against the dollar and other currencies.
Nissan CEO: Japan Should Adopt Currency Benchmark
Carlos Ghosn called on the Japanese government to "draw a line in the sand" and prevent the yen from appreciating further against the dollar and other currencies.
2011-11-30 09:47:
Standard & Poor's Ratings Services said its downgrade of six of the biggest U.S. financial institutions and upgrade of two Chinese banks captures what it believes is a fundamental shift in the global banking landscape in favor of Asia.
S&P Says Ratings Moves Reflect Asian Banks' Stability
Standard & Poor's Ratings Services said its downgrade of six of the biggest U.S. financial institutions and upgrade of two Chinese banks captures what it believes is a fundamental shift in the global banking landscape in favor of Asia.
2011-11-30 08:16:
The Indian economy expanded at its slowest pace in more than two years in the July-September quarter, hurt by high local borrowing costs and a deepening euro-zone crisis.
India's GDP Growth Slows to 6.9%
The Indian economy expanded at its slowest pace in more than two years in the July-September quarter, hurt by high local borrowing costs and a deepening euro-zone crisis.
2011-11-30 04:39:
Federal Reserve officials said Tuesday they saw rising risks in the world economy, but didn't commit themselves to supporting more central-bank measures to boost growth.
Fed Officials Warn On Economy
Federal Reserve officials said Tuesday they saw rising risks in the world economy, but didn't commit themselves to supporting more central-bank measures to boost growth.
2011-11-30 04:14:
Italy's latest bond auction drew buyers, but it didn't enable the debt-laden country to avoid paying euro-era record-high yields to get the deal done.
Rome Pays High Price at Bond Sale
Italy's latest bond auction drew buyers, but it didn't enable the debt-laden country to avoid paying euro-era record-high yields to get the deal done.
2011-11-30 03:53:
Employment in the U.S. auto industry will increase by as much as 150,000 new jobs over the next four years, a leading industry research center said Tuesday.
Rise in Autos Jobs Is Predicted
Employment in the U.S. auto industry will increase by as much as 150,000 new jobs over the next four years, a leading industry research center said Tuesday.
2011-11-30 03:00:
Smaller U.S. banks and savings institutions are cutting jobs in a sign of a deepening financial-industry retrenchment that is shaking firms from Main Street to Wall Street.
Ax Falls at Smaller Banks
Smaller U.S. banks and savings institutions are cutting jobs in a sign of a deepening financial-industry retrenchment that is shaking firms from Main Street to Wall Street.
2011-11-30 01:31:
Federal Reserve officials said Tuesday they saw rising risks in the world economy, but didn't commit themselves to supporting more central-bank measures to boost growth.
Fed Officials Warn On World Economy
Federal Reserve officials said Tuesday they saw rising risks in the world economy, but didn't commit themselves to supporting more central-bank measures to boost growth.
2011-11-29 15:45:
South Africa's economy grew a weaker-than-expected 1.4% in the third quarter compared with the preceding three-month period, further evidence that domestic labor strife and turmoil emanating from Europe are hampering Africa's largest economy.
South Africa GDP Disappoints
South Africa's economy grew a weaker-than-expected 1.4% in the third quarter compared with the preceding three-month period, further evidence that domestic labor strife and turmoil emanating from Europe are hampering Africa's largest economy.
2011-11-29 12:30:
Australia's government stuck to its goal of restoring its budget to surplus in the year starting July 1 next year, slashing spending even as warnings of an imminent European crisis continued to grow.
Budget Surplus 'Herculean' Task for Australia
Australia's government stuck to its goal of restoring its budget to surplus in the year starting July 1 next year, slashing spending even as warnings of an imminent European crisis continued to grow.
2011-11-29 11:05:
Spain's retail sales fell at their fastest pace in four months in October, the latest indication of a likely late-year contraction in the euro zone's fourth-largest economy.
Spanish Retail Sales Crash
Spain's retail sales fell at their fastest pace in four months in October, the latest indication of a likely late-year contraction in the euro zone's fourth-largest economy.
2011-11-29 11:04:
Sweden's gross domestic product showed continued strong growth in the third quarter, beating forecasts and perhaps taking the edge off a view held by some economists that the Riksbank is set to cut interest rates in December.
Sweden Maintains Robust Growth
Sweden's gross domestic product showed continued strong growth in the third quarter, beating forecasts and perhaps taking the edge off a view held by some economists that the Riksbank is set to cut interest rates in December.
2011-11-29 07:13:
Australia's government stuck to its goal of restoring its budget to surplus in the year starting July 1 next year, slashing spending even as warnings of an imminent European crisis continued to grow.
Budget Surplus 'Herculean' task for Australia
Australia's government stuck to its goal of restoring its budget to surplus in the year starting July 1 next year, slashing spending even as warnings of an imminent European crisis continued to grow.
2011-11-29 06:02:
After four years of recession-induced tumult, states are finally getting a handle on their finances. But they are in for more lean years.
State Budgets Improve Slowly
After four years of recession-induced tumult, states are finally getting a handle on their finances. But they are in for more lean years.
2011-11-29 06:00:
The U.S. desperately needs middle-skill jobs for people who didn't go to college. Austin, Texas, has an unlikely answer for how to create them: attract high-skilled people, and watch them create new companies and jobs for lower-skilled people as well.
A Recipe for Middle-Class Jobs
The U.S. desperately needs middle-skill jobs for people who didn't go to college. Austin, Texas, has an unlikely answer for how to create them: attract high-skilled people, and watch them create new companies and jobs for lower-skilled people as well.
2011-11-29 05:04:
Australia announced budget spending cuts of US$11.39 billion, saying it remains on track to produce a surplus by 2012-13. It also cut the forecast for economic growth in 2011-12 to 3.25% from a 4% forecast in May.
Australia Cuts GDP Forecast
Australia announced budget spending cuts of US$11.39 billion, saying it remains on track to produce a surplus by 2012-13. It also cut the forecast for economic growth in 2011-12 to 3.25% from a 4% forecast in May.
2011-11-29 03:58:
Australia announced budget spending cuts of US$11.39 billion, saying it remains on track to produce a surplus by 2012-13. It also cut the forecast for economic growth in 2011-12 to 3.25% from a 4% forecast in May.
Australian Government Cuts GDP Forecast
Australia announced budget spending cuts of US$11.39 billion, saying it remains on track to produce a surplus by 2012-13. It also cut the forecast for economic growth in 2011-12 to 3.25% from a 4% forecast in May.
2011-11-29 03:01:
Japan's job market worsened in October, with the country's unemployment rate jumping to 4.5% from 4.1% in the previous month, the government said.
Japan Job Market Deteriorates
Japan's job market worsened in October, with the country's unemployment rate jumping to 4.5% from 4.1% in the previous month, the government said.
2011-11-29 02:36:
Two months ago Dakota Meyer was awarded the Medal of Honor. On Monday, Sgt. Meyer alleged that a defense contractor called him mentally unstable and a drinker, ruining his chances for a defense-industry job.
Decorated Marine Sues Contractor
Two months ago Dakota Meyer was awarded the Medal of Honor. On Monday, Sgt. Meyer alleged that a defense contractor called him mentally unstable and a drinker, ruining his chances for a defense-industry job.
2011-11-29 01:35:
Americans shed more debt over the summer, largely by defaulting, paying down debt and taking out fewer and smaller home loans, according to a report.
Debt Overhang Eases for Consumers
Americans shed more debt over the summer, largely by defaulting, paying down debt and taking out fewer and smaller home loans, according to a report.
2011-11-28 16:12:
New-home sales rose slightly in October, but the level of demand is historically very weak because of high unemployment in the U.S. and competition from cheaper existing homes.
New Home Sales Tick Up
New-home sales rose slightly in October, but the level of demand is historically very weak because of high unemployment in the U.S. and competition from cheaper existing homes.
2011-11-28 14:38:
The economic outlook has deteriorated significantly, the OECD said, urging the ECB to act more decisively to prevent the euro-zone debt crisis from deepening.
OECD Urges ECB to Act on Debt
The economic outlook has deteriorated significantly, the OECD said, urging the ECB to act more decisively to prevent the euro-zone debt crisis from deepening.
2011-11-28 14:06:
The economic outlook has deteriorated significantly, the OECD said, as it urged the European Central Bank to act more decisively to prevent the euro-zone debt crisis from deepening.
OECD Warns Of Dangers From Europe
The economic outlook has deteriorated significantly, the OECD said, as it urged the European Central Bank to act more decisively to prevent the euro-zone debt crisis from deepening.
2011-11-28 11:45:
The global economic outlook has deteriorated significantly, the OECD said, as it urged the European Central Bank to act more decisively to prevent the euro-zone sovereign debt crisis from deepening further.
OECD Urges ECB to Act
The global economic outlook has deteriorated significantly, the OECD said, as it urged the European Central Bank to act more decisively to prevent the euro-zone sovereign debt crisis from deepening further.
2011-11-28 11:39:
The spending cuts and tax increases set to take place following the Congressional debt committee's failure and continued troubles in Europe could push the U.S. economy to the brink of recession, the Organisation for Economic Co-operation and Development said in its semi-annual economic outlook.
OECD Warns U.S. at Risk of Recession
The spending cuts and tax increases set to take place following the Congressional debt committee's failure and continued troubles in Europe could push the U.S. economy to the brink of recession, the Organisation for Economic Co-operation and Development said in its semi-annual economic outlook.
2011-11-28 11:27:
Beijing, which continues to back additional funding for the International Monetary Fund, is waiting for it to come up with a concrete proposal for raising additional money and describing how it would be used.
China Backs More IMF Funds
Beijing, which continues to back additional funding for the International Monetary Fund, is waiting for it to come up with a concrete proposal for raising additional money and describing how it would be used.
2011-11-28 03:14:
Investors are hunting far and wide for bets that don't move in lock step with the broad market swings tied to European and U.S. debt troubles.
Playing Defense Amid Debt Drama
Investors are hunting far and wide for bets that don't move in lock step with the broad market swings tied to European and U.S. debt troubles.
2011-11-28 02:05:
Deep discounts, early openings pay off on the opening weekend of the Christmas selling season.
Weekend Sales Raise Hopes
Deep discounts, early openings pay off on the opening weekend of the Christmas selling season.
2011-11-27 22:58:
The U.K. Treasury will guarantee bank lending to small and midsize companies in a bid to reduce the costs of such debt and stimulate lending to a part of the British economy that has struggled to get new funds.
Business Loans Get U.K. Backing
The U.K. Treasury will guarantee bank lending to small and midsize companies in a bid to reduce the costs of such debt and stimulate lending to a part of the British economy that has struggled to get new funds.
2011-11-26 23:57:
The U.K. Treasury will guarantee bank lending to small and midsize companies in a bid to reduce the costs of such debt and stimulate lending to a part of the British economy that has struggled to get new funds.
U.K. to Guarantee Loans to Small, Midsize Businesses
The U.K. Treasury will guarantee bank lending to small and midsize companies in a bid to reduce the costs of such debt and stimulate lending to a part of the British economy that has struggled to get new funds.
2011-11-26 23:50:
Black Friday sales rose 6.6% from a year ago, the strongest gains since 2007, getting the holiday shopping season off to a strong start.
Strong Gains for Black Friday Sales
Black Friday sales rose 6.6% from a year ago, the strongest gains since 2007, getting the holiday shopping season off to a strong start.
2011-11-26 17:57:
Online sales rose 24.3% this Black Friday, reflecting heavy investment by mainline retailers to get more traction on the Web.
Online Sales Jumped on Black Friday
Online sales rose 24.3% this Black Friday, reflecting heavy investment by mainline retailers to get more traction on the Web.
2011-11-26 17:44:
Belgian politicians agreed on a federal budget, a key step in forming a coalition government for a country mired in political crisis since June 2010.
Belgian Negotiators Agree on Budget
Belgian politicians agreed on a federal budget, a key step in forming a coalition government for a country mired in political crisis since June 2010.
2011-11-26 05:31:
Even amid 9% unemployment, corporate recruiters often struggle to find workers for certain positions because of the specialized skills needed.
Skilled Jobs Are Difficult to Fill
Even amid 9% unemployment, corporate recruiters often struggle to find workers for certain positions because of the specialized skills needed.
2011-11-26 04:51:
Even amid 9% unemployment, corporate recruiters often must struggle to find workers for some positions because of the special skills needed.
For Some Jobs, Too Few Applicants
Even amid 9% unemployment, corporate recruiters often must struggle to find workers for some positions because of the special skills needed.
2011-11-26 00:34:
Natural-gas futures rose 2.4% to settle at $3.542 a million British thermal units, buoyed by cooling weather and anticipation of falling inventories.
Natural Gas Buoyed by Cooler Weather
Natural-gas futures rose 2.4% to settle at $3.542 a million British thermal units, buoyed by cooling weather and anticipation of falling inventories.
2011-11-26 00:30:
The Bank of Japan has sent a questionnaire to major banks asking whether they can help it intervene in currency markets overseas.
BOJ Surveys Banks on Intervention
The Bank of Japan has sent a questionnaire to major banks asking whether they can help it intervene in currency markets overseas.
2011-11-25 23:44:
Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a growing number of cities.
Stronger Lure for Home Buyers
Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a growing number of cities.
2011-11-25 20:17:
Italy, Belgium, Spain and France all plan to sell bonds next week, a big test for a region still reeling from unexpectedly weak demand for debt from its German core.
Euro Zone Braces for Bond Sales
Italy, Belgium, Spain and France all plan to sell bonds next week, a big test for a region still reeling from unexpectedly weak demand for debt from its German core.
2011-11-25 20:12:
Russia's finance ministry warned that the country faces risks from higher spending and urged strict budget discipline next year, despite a raft of social spending increases promised by Prime Minister Vladimir Putin ahead of next year's presidential elections.
Russia Pledges Budget Discipline
Russia's finance ministry warned that the country faces risks from higher spending and urged strict budget discipline next year, despite a raft of social spending increases promised by Prime Minister Vladimir Putin ahead of next year's presidential elections.
2011-11-25 19:40:
Italy, Belgium, Spain and France all plan to sell bonds next week, a big test for a region still reeling from unexpectedly weak demand for debt from its German core.
Italy Leads Busy Week of Euro-Zone Bond Sales
Italy, Belgium, Spain and France all plan to sell bonds next week, a big test for a region still reeling from unexpectedly weak demand for debt from its German core.
2011-11-25 17:09:
The U.S. government left its food-price inflation forecast unchanged in a monthly report and projected that a sharp climb in prices will abate in 2012.
Food Prices Expected to Abate
The U.S. government left its food-price inflation forecast unchanged in a monthly report and projected that a sharp climb in prices will abate in 2012.
2011-11-25 13:11:
Prices for Russia's benchmark crude grade Urals are higher, buoyed by rising tensions between Western powers and Iran which threaten the supply of Iranian oil to Europe.
Iran Tensions Boost Russian Oil Price
Prices for Russia's benchmark crude grade Urals are higher, buoyed by rising tensions between Western powers and Iran which threaten the supply of Iranian oil to Europe.
2011-11-25 12:12:
The leaders of the euro zone's three largest economies agreed to pursue closer political and economic integration.
Europe's Leaders Plan Closer Ties
The leaders of the euro zone's three largest economies agreed to pursue closer political and economic integration.
2011-11-25 12:07:
The Indian government sought lawmakers' approval to spend a net 568.4 billion rupees ($10.9 billion) more this fiscal year to subsidize fuel and food, risking widening its fiscal deficit.
India Government Seeks Approval to Raise Spending
The Indian government sought lawmakers' approval to spend a net 568.4 billion rupees ($10.9 billion) more this fiscal year to subsidize fuel and food, risking widening its fiscal deficit.
2011-11-25 11:10:
There are signs consumers have changed their behavior in ways not seen in other economic cycles?and the recovery is suffering because of it.
Signs of a Spending Switch
There are signs consumers have changed their behavior in ways not seen in other economic cycles?and the recovery is suffering because of it.
2011-11-25 10:18:
China's Ministry of Commerce announced an investigation of U.S. subsidies and policies for the renewable energy industry, a response to a U.S. investigation of alleged dumping by Chinese solar-panel makers.
China to Investigate U.S. Renewable Energy Policies
China's Ministry of Commerce announced an investigation of U.S. subsidies and policies for the renewable energy industry, a response to a U.S. investigation of alleged dumping by Chinese solar-panel makers.
2011-11-25 03:37:
The IMF warned that market concerns over fiscal sustainability could trigger a "sudden spike" in government bond yields that could "quickly" render the nation's debt unsustainable and shake the global economy.
IMF Warns Japan on Threat of Debt
The IMF warned that market concerns over fiscal sustainability could trigger a "sudden spike" in government bond yields that could "quickly" render the nation's debt unsustainable and shake the global economy.
2011-11-25 02:29:
A judge's decision to throw out the bankruptcy filing of Harrisburg, Pa., opens the way for Pennsylvania to take over the finances of its capital city.
Harrisburg Bankruptcy Filing Voided
A judge's decision to throw out the bankruptcy filing of Harrisburg, Pa., opens the way for Pennsylvania to take over the finances of its capital city.
2011-11-25 01:16:
With financial markets closed for the Thanksgiving holiday, Occupy Wall Street protesters are training their sights on a new target: holiday shopping.
'Occupy' Activists Target Black Friday
With financial markets closed for the Thanksgiving holiday, Occupy Wall Street protesters are training their sights on a new target: holiday shopping.
2011-11-25 01:13:
There are signs consumers have changed their behavior in ways not seen in other economic cycles?and the recovery is suffering because of it. When consumers spend now, their dollars are far more likely to flow to goods than to services.
Signs of Spending Switch for Consumers
There are signs consumers have changed their behavior in ways not seen in other economic cycles?and the recovery is suffering because of it. When consumers spend now, their dollars are far more likely to flow to goods than to services.
2011-11-25 00:35:
There are signs that consumers have changed their behavior in ways not seen during other economic cycles?and the recovery is suffering because of it.
Holding Off on a Haircut to Buy a Car
There are signs that consumers have changed their behavior in ways not seen during other economic cycles?and the recovery is suffering because of it.
2011-11-24 23:19:
As many as 152 million people plan to shop this coming weekend, the biggest expected turnout ever, a survey showed. But Black Friday has sprawled into a weekend and a full week, in some cases.
Will 'Black Friday' Be Diluted?
As many as 152 million people plan to shop this coming weekend, the biggest expected turnout ever, a survey showed. But Black Friday has sprawled into a weekend and a full week, in some cases.
2011-11-24 17:05:
Japan's government held on to its view that the nation's economy "is expected to continue to pick up" in its report for November, despite signs of sputtering growth due to the European sovereign debt crisis.
Japan Maintains View of Economic Recovery
Japan's government held on to its view that the nation's economy "is expected to continue to pick up" in its report for November, despite signs of sputtering growth due to the European sovereign debt crisis.
2011-11-24 11:44:
The U.K. economy rebounded as expected in the third quarter, driven by stock building, official data showed, but this is unlikely to ease concerns that activity is stagnating in the fourth quarter.
U.K. Economy Posts Growth
The U.K. economy rebounded as expected in the third quarter, driven by stock building, official data showed, but this is unlikely to ease concerns that activity is stagnating in the fourth quarter.
2011-11-24 03:55:
Turkey's economy czar Ali Babacan waded into a furious debate over an ideological policy of targeting zero real interest rates, saying this was an "ideal," but that achieving it was constrained by markets.
Turkey Official Says Zero Rates 'Ideal'
Turkey's economy czar Ali Babacan waded into a furious debate over an ideological policy of targeting zero real interest rates, saying this was an "ideal," but that achieving it was constrained by markets.
2011-11-24 01:56:
Companies' lack of confidence in the U.K. economy is the main reason banks are extending less in loans rather than because of higher regulatory costs or to free up cash for employee bonuses, U.K. bank bosses told lawmakers.
U.K. Banks Blame Economy on Lending
Companies' lack of confidence in the U.K. economy is the main reason banks are extending less in loans rather than because of higher regulatory costs or to free up cash for employee bonuses, U.K. bank bosses told lawmakers.
2011-11-24 01:17:
Consumer spending slowed in October as incomes rose at the fastest pace since March. Meanwhile, jobless claims rose a bit in the latest week and October durable goods orders fell.
Cautious Consumers Dial Back Spending
Consumer spending slowed in October as incomes rose at the fastest pace since March. Meanwhile, jobless claims rose a bit in the latest week and October durable goods orders fell.
2011-11-24 00:04:
The Bank of England held off buying more bonds in November because policy makers saw little merit in "fine tuning" their stimulus program.
BOE: No Need for 'Fine Tuning'
The Bank of England held off buying more bonds in November because policy makers saw little merit in "fine tuning" their stimulus program.
2011-11-23 23:56:
Turkey's economy czar Ali Babacan waded into a furious debate over an ideological policy of targeting zero real interest rates, saying this was an "ideal," but that achieving it was constrained by markets.
Turkey Official Says Zero Rates an 'Ideal'
Turkey's economy czar Ali Babacan waded into a furious debate over an ideological policy of targeting zero real interest rates, saying this was an "ideal," but that achieving it was constrained by markets.
2011-11-23 20:43:
Bad loans in Brazil are likely to fall as interest rates should continue to decline next year, according to the chief executive of Brazil's second-largest bank, Itau Unibanco Holding SA.
Brazil's Itau CEO: Lower Interest Rates Will Reduce Bad Loans
Bad loans in Brazil are likely to fall as interest rates should continue to decline next year, according to the chief executive of Brazil's second-largest bank, Itau Unibanco Holding SA.
2011-11-23 19:03:
Companies' lack of confidence in the U.K. economy is the main reason banks are extending less in loans rather than because of higher regulatory costs or to free up cash for employee bonuses, U.K. bank bosses told lawmakers.
U.K. Bank Chiefs Blame Economy
Companies' lack of confidence in the U.K. economy is the main reason banks are extending less in loans rather than because of higher regulatory costs or to free up cash for employee bonuses, U.K. bank bosses told lawmakers.
2011-11-23 18:00:
Turkey's economy czar Ali Babacan waded into a furious debate over an ideological policy of targeting zero real interest rates, saying this was an "ideal," but that achieving it was constrained by markets.
Zero Rates a Turkish 'Ideal'
Turkey's economy czar Ali Babacan waded into a furious debate over an ideological policy of targeting zero real interest rates, saying this was an "ideal," but that achieving it was constrained by markets.
2011-11-23 17:34:
A group of investors and analysts have access to top Fed officials who give them a chance at early clues to the central bank's next policy moves, according to interviews and documents obtained by the Journal.
Fed Tips Aid Investors
A group of investors and analysts have access to top Fed officials who give them a chance at early clues to the central bank's next policy moves, according to interviews and documents obtained by the Journal.
2011-11-23 17:13:
The Russian government is preparing itself for a worsening global economic environment that could dent high oil prices, upsetting the country's fiscal balance and further weakening the ruble.
Russia Readies for Downturn
The Russian government is preparing itself for a worsening global economic environment that could dent high oil prices, upsetting the country's fiscal balance and further weakening the ruble.
2011-11-23 15:09:
Consumer spending slowed in October as incomes rose at the fastest pace since March. Meanwhile, jobless claims rose a bit in the latest week and October durable goods orders fell.
Consumers Slowed Spending Last Month
Consumer spending slowed in October as incomes rose at the fastest pace since March. Meanwhile, jobless claims rose a bit in the latest week and October durable goods orders fell.
2011-11-23 12:13:
Germany failed to attract bids for the full issue of a bund auction, underscoring how the debt crisis is rattling investors as it spreads from weaker states to the bloc's core economies.
German Bund Auction Falls Flat
Germany failed to attract bids for the full issue of a bund auction, underscoring how the debt crisis is rattling investors as it spreads from weaker states to the bloc's core economies.
2011-11-23 11:19:
The Bank of England held off buying more bonds in November because policy makers saw little merit in "fine tuning" their stimulus program.
BOE: No Need to Fine Tune Stimulus
The Bank of England held off buying more bonds in November because policy makers saw little merit in "fine tuning" their stimulus program.
2011-11-23 11:11:
Net lending by U.K. banks remained subdued in October, and net repayment made by businesses confirmed a cautious attitude?from firms and banks?amid the ongoing euro-zone debt crisis, data from the British Bankers Association showed.
U.K. Bank Lending Steady
Net lending by U.K. banks remained subdued in October, and net repayment made by businesses confirmed a cautious attitude?from firms and banks?amid the ongoing euro-zone debt crisis, data from the British Bankers Association showed.
2011-11-23 11:05:
The ECB again moved to support the euro-zone government-debt market with purchases of Italian and Spanish bonds as confidence in solutions to the debt crisis melted away.
ECB Supports Euro-Zone Bonds
The ECB again moved to support the euro-zone government-debt market with purchases of Italian and Spanish bonds as confidence in solutions to the debt crisis melted away.
2011-11-23 05:14:
Some Fed officials wanted to take new steps to bolster the U.S. economy at their meeting three weeks ago, but the central bank held off as it tries to resolve a related internal debate on how it communicates its policies to the public.
Fed Debate Over Guidance Complicates Policy Moves
Some Fed officials wanted to take new steps to bolster the U.S. economy at their meeting three weeks ago, but the central bank held off as it tries to resolve a related internal debate on how it communicates its policies to the public.
2011-11-23 04:31:
A debt-restructuring deal involving two distressed Michigan office buildings has raised concerns and prompted a debate in the commercial mortgage-backed securities industry about the role of special servicers.
Debt-Servicer Deal Poses Questions
A debt-restructuring deal involving two distressed Michigan office buildings has raised concerns and prompted a debate in the commercial mortgage-backed securities industry about the role of special servicers.
2011-11-23 04:14:
Merkel faces growing calls to soften her resistance to euro-zone bonds that would raise appeal for investors but make each euro member liable for the debts of the others.
Pressure on Merkel Grows
Merkel faces growing calls to soften her resistance to euro-zone bonds that would raise appeal for investors but make each euro member liable for the debts of the others.
2011-11-23 03:55:
A gauge of Chinese manufacturing activity fell sharply, reigniting worries over a worsening economic slowdown in the months ahead, amid the deteriorating global economic outlook.
China Manufacturing Gauge Falls Sharply
A gauge of Chinese manufacturing activity fell sharply, reigniting worries over a worsening economic slowdown in the months ahead, amid the deteriorating global economic outlook.
2011-11-23 03:48:
Economic growth in the third quarter was revised down to 2% from 2.5% even as corporate profits rose as companies fought through a tepid recovery.
Economy Grows at 2% Pace
Economic growth in the third quarter was revised down to 2% from 2.5% even as corporate profits rose as companies fought through a tepid recovery.
2011-11-23 03:30:
Bank representatives and government officials are working on a broad settlement of most state and federal foreclosure-practices investigations that could move forward without the participation of California.
California Absent in Foreclosure Talks
Bank representatives and government officials are working on a broad settlement of most state and federal foreclosure-practices investigations that could move forward without the participation of California.
2011-11-23 03:29:
A battle for deposits among European banks is putting pressure on the Continent's banking system, threatening to deprive lenders of a key source of funding.
EU Banks Struggle to Lure Deposits
A battle for deposits among European banks is putting pressure on the Continent's banking system, threatening to deprive lenders of a key source of funding.
2011-11-23 02:53:
Unemployment rates dropped in almost three-quarters of U.S. states last month as a slow improvement in the jobs picture spread across the country.
Most States See Jobless Rates Fall
Unemployment rates dropped in almost three-quarters of U.S. states last month as a slow improvement in the jobs picture spread across the country.
2011-11-23 02:48:
The congressional committee created to pare federal budget deficits has wound up, in its failure, sharpening the two parties' messages heading into the 2012 election cycle.
Deficit Panel Becomes Political Tool
The congressional committee created to pare federal budget deficits has wound up, in its failure, sharpening the two parties' messages heading into the 2012 election cycle.
2011-11-23 01:43:
Underlining the global hunger for safe assets, the U.S. government sold $35 billion in five-year notes on Tuesday at a record low yield of 0.937%.
Strong Sale Lifts Treasurys
Underlining the global hunger for safe assets, the U.S. government sold $35 billion in five-year notes on Tuesday at a record low yield of 0.937%.
2011-11-23 01:25:
The Fed outlined plans for annual tests of the financial strength of the largest U.S. banks and said some results would be made public.
Higher 'Stress' For Big Banks
The Fed outlined plans for annual tests of the financial strength of the largest U.S. banks and said some results would be made public.
2011-11-23 01:20:
The world's biggest oil producers are signaling they want OPEC to stick to existing crude-output quotas, as prices have remained lofty.
A Push to Hold OPEC Quotas
The world's biggest oil producers are signaling they want OPEC to stick to existing crude-output quotas, as prices have remained lofty.
2011-11-23 01:00:
Some Fed officials wanted to take new steps to bolster the U.S. economy at their meeting three weeks ago, but the central bank held off as it tries to resolve a related internal debate on how it communicates its policies to the public.
Fed Debate Over Guidance Complicates Policy Moves
Some Fed officials wanted to take new steps to bolster the U.S. economy at their meeting three weeks ago, but the central bank held off as it tries to resolve a related internal debate on how it communicates its policies to the public.
2011-11-22 22:46:
The Federal Reserve outlined plans for annual tests of the financial strength of the largest U.S. banks and said some results would be made public.
Fed Planning New Bank Stress Tests
The Federal Reserve outlined plans for annual tests of the financial strength of the largest U.S. banks and said some results would be made public.
2011-11-22 21:30:
The Fed debated how it could give companies and investors more information about what might cause interest rates to rise, minutes from its latest meeting showed.
Fed Seeks to Hone Rate Policy Message
The Fed debated how it could give companies and investors more information about what might cause interest rates to rise, minutes from its latest meeting showed.
2011-11-22 20:07:
Yum Brands is separating its India business into its own standalone segment, an indication of the fast-food operator's interest in expansion.
Yum Splits India Into Separate Division
Yum Brands is separating its India business into its own standalone segment, an indication of the fast-food operator's interest in expansion.
2011-11-22 16:16:
U.S. economic growth in the third quarter was revised down to 2% from 2.5% even as corporate profits rose during the tepid recovery.
GDP Revised Lower
U.S. economic growth in the third quarter was revised down to 2% from 2.5% even as corporate profits rose during the tepid recovery.
2011-11-22 16:01:
The EU warned that unless Greek political leaders give written pledges to back reforms, a loan payment won't be given and the country will run out of money in 20 days, officials said.
EU Warns Greece on Bailout Payment
The EU warned that unless Greek political leaders give written pledges to back reforms, a loan payment won't be given and the country will run out of money in 20 days, officials said.
2011-11-22 15:15:
Economic growth in the third quarter was revised down to 2% from 2.5% even as corporate profits rose as companies fought through a tepid recovery.
U.S. GDP Revised Lower
Economic growth in the third quarter was revised down to 2% from 2.5% even as corporate profits rose as companies fought through a tepid recovery.
2011-11-22 15:09:
Corporate profits in the U.S. rose even as economic growth in the third quarter was revised down to 2% from 2.5% as companies fought through a tepid recovery.
Profits Rise as GDP Revised Lower
Corporate profits in the U.S. rose even as economic growth in the third quarter was revised down to 2% from 2.5% as companies fought through a tepid recovery.
2011-11-22 14:49:
The EU warned that unless Greek political leaders give written pledges to back reforms, a loan payment won't be given and the country will run out of money in 20 days, officials said.
EU Warns Greece on Bailout Aid
The EU warned that unless Greek political leaders give written pledges to back reforms, a loan payment won't be given and the country will run out of money in 20 days, officials said.
2011-11-22 14:28:
Congress's special deficit-cutting committee called it quits, and now $1.2 trillion in automatic spending cuts are on track to begin in 2013.
Debt Panel Folds
Congress's special deficit-cutting committee called it quits, and now $1.2 trillion in automatic spending cuts are on track to begin in 2013.
2011-11-22 13:00:
Financial institutions operating in the U.K. see the risk that a government will default on its debts as the main threat to the stability of the financial system, according to a twice-yearly survey by the Bank of England.
BOE: U.K. Banks Vulnerable
Financial institutions operating in the U.K. see the risk that a government will default on its debts as the main threat to the stability of the financial system, according to a twice-yearly survey by the Bank of England.
2011-11-22 10:08:
U.S.-based multinationals added workers in Asia, Latin America and other emerging markets during the 2000s, while cutting jobs at home.
U.S. Firms Add Foreign Jobs
U.S.-based multinationals added workers in Asia, Latin America and other emerging markets during the 2000s, while cutting jobs at home.
2011-11-22 05:27:
U.S.-based multinationals added workers in Asia, Latin America and other emerging markets during the 2000s, while cutting jobs at home.
U.S. Firms Keen to Add Foreign Jobs
U.S.-based multinationals added workers in Asia, Latin America and other emerging markets during the 2000s, while cutting jobs at home.
2011-11-22 04:18:
Sales of previously owned homes improved in October and are on pace to surpass last year's anemic tally. But prices continued to fall, underscoring the broader market weaknesses.
Home Sales Climb But Prices Decline
Sales of previously owned homes improved in October and are on pace to surpass last year's anemic tally. But prices continued to fall, underscoring the broader market weaknesses.
2011-11-22 03:49:
The European Commission said that it has received a formal request from Hungary to receive financial assistance from the European Union and the International Monetary Fund.
Hungary Seeks Aid From EU, IMF
The European Commission said that it has received a formal request from Hungary to receive financial assistance from the European Union and the International Monetary Fund.
2011-11-22 03:44:
Asian exporters are feeling the pinch from slackening demand in Europe and the U.S., as export readings from Japan and South Korea were lackluster Monday and Singapore's economic outlook dimmed significantly.
U.S. and Europe Damp Asian Exports
Asian exporters are feeling the pinch from slackening demand in Europe and the U.S., as export readings from Japan and South Korea were lackluster Monday and Singapore's economic outlook dimmed significantly.
2011-11-22 02:25:
Congress's special deficit-cutting committee called it quits, with both sides having concluded it was easier to swallow failure than any of the possible compromise deals offered.
Debt Panel Folds Its Tent
Congress's special deficit-cutting committee called it quits, with both sides having concluded it was easier to swallow failure than any of the possible compromise deals offered.
2011-11-21 21:20:
Sales of previously owned homes improved in October and are on pace to surpass last year's anemic tally. But prices continued to fall, underscoring the broader market weaknesses.
Home Sales Rise but Prices Fall
Sales of previously owned homes improved in October and are on pace to surpass last year's anemic tally. But prices continued to fall, underscoring the broader market weaknesses.
2011-11-21 16:31:
As the U.S. pulls troops out of Iraq, some companies say they are looking to add a few former soldiers to their ranks. That may be easier said than done.
Returning Vets Join a Tough Job Market
As the U.S. pulls troops out of Iraq, some companies say they are looking to add a few former soldiers to their ranks. That may be easier said than done.
2011-11-21 15:49:
U.S. trade officials meeting with Chinese counterparts looked for other ways to improve economic ties outside the hot-button currency issue, securing Chinese pledges in areas such as intellectual property.
U.S. Seeks China Trade Concessions Outside Yuan
U.S. trade officials meeting with Chinese counterparts looked for other ways to improve economic ties outside the hot-button currency issue, securing Chinese pledges in areas such as intellectual property.
2011-11-21 14:25:
The European Commission said that it has received a formal request from Hungary to receive financial assistance from the European Union and the International Monetary Fund.
Hungary Seeks Financial Aid
The European Commission said that it has received a formal request from Hungary to receive financial assistance from the European Union and the International Monetary Fund.
2011-11-21 12:38:
Asian exporters are feeling the pinch from slackening demand in Europe and the U.S., as export readings from Japan and South Korea were lackluster Monday and Singapore's economic outlook dimmed significantly.
Asia Squeezed By Sag in Western Demand
Asian exporters are feeling the pinch from slackening demand in Europe and the U.S., as export readings from Japan and South Korea were lackluster Monday and Singapore's economic outlook dimmed significantly.
2011-11-21 11:23:
Some of Japan's big investment trusts are selling their European government bonds, as the ongoing debt crisis prompts the nation's institutional investors to seek the safety of domestic debt.
Japan Trusts Shun European Bonds
Some of Japan's big investment trusts are selling their European government bonds, as the ongoing debt crisis prompts the nation's institutional investors to seek the safety of domestic debt.
2011-11-21 10:32:
The euro zone posted a current-account surplus in September for the first time in almost two years, as the value of imported goods fell sharply, European Central Bank data showed.
Euro Zone in Account Surplus
The euro zone posted a current-account surplus in September for the first time in almost two years, as the value of imported goods fell sharply, European Central Bank data showed.
2011-11-21 10:23:
Some of Japan's big investment trusts are selling their European government bonds, as the ongoing debt crisis prompts the nation's institutional investors to seek the safety of domestic debt.
Japan Investment Trusts Shun European Bonds
Some of Japan's big investment trusts are selling their European government bonds, as the ongoing debt crisis prompts the nation's institutional investors to seek the safety of domestic debt.
2011-11-21 09:43:
Asian exporters are feeling the pinch from slackening demand in Europe and the U.S., as export readings from Japan and South Korea were lackluster Monday and Singapore's economic outlook dimmed significantly.
Asia Feels Pinch From Sagging Western Demand
Asian exporters are feeling the pinch from slackening demand in Europe and the U.S., as export readings from Japan and South Korea were lackluster Monday and Singapore's economic outlook dimmed significantly.
2011-11-21 07:14:
Ensuring global economic recovery must be the world's top priority, Chinese Vice Premier Wang Qishan said during trade talks with the U.S..
China Vice Premier: Recovery Top Priority
Ensuring global economic recovery must be the world's top priority, Chinese Vice Premier Wang Qishan said during trade talks with the U.S..
2011-11-21 05:49:
Ensuring global economic recovery must be the world's top priority, Chinese Vice Premier Wang Qishan said during trade talks with the U.S..
China Vice Premier: Global Recovery is Top Priority
Ensuring global economic recovery must be the world's top priority, Chinese Vice Premier Wang Qishan said during trade talks with the U.S..
2011-11-21 04:03:
The Phoenix housing market is defying conventional economic theory. Inventories are falling. Sales are rising. But housing prices continue to decline.
Phoenix Home Prices Continue to Fall
The Phoenix housing market is defying conventional economic theory. Inventories are falling. Sales are rising. But housing prices continue to decline.
2011-11-21 02:56:
Kirchner's mixed signals about how she plans to address longstanding problems in Argentina's economy are adding to uncertainty that is causing capital flight, analysts say.
Tests Mount for Argentine Economy
Kirchner's mixed signals about how she plans to address longstanding problems in Argentina's economy are adding to uncertainty that is causing capital flight, analysts say.
2011-11-21 02:41:
The European Union's executive arm will this week float proposals for joint issues of bonds among the euro zone's 17 governments.
EU Pushes Scenarios for Euro Bond
The European Union's executive arm will this week float proposals for joint issues of bonds among the euro zone's 17 governments.
2011-11-21 02:23:
The housing market is starting to show a pulse. For the first time in a long time, housing figures are coming in better than expected.
Housing Market May Be Nearing Bottom
The housing market is starting to show a pulse. For the first time in a long time, housing figures are coming in better than expected.
2011-11-21 01:56:
As the U.S. pulls troops out of Iraq, some companies say they are looking to add a few former soldiers to their ranks. That may be easier said than done.
Vets Join Tough Job Market
As the U.S. pulls troops out of Iraq, some companies say they are looking to add a few former soldiers to their ranks. That may be easier said than done.
2011-11-21 01:42:
The deficit-reduction supercommittee, stuck in a partisan deadlock, faces an almost certain collapse?raising the threat of disruptive military spending cuts and a resurgent public anger at Congress.
Deficit Effort Nears Collapse
The deficit-reduction supercommittee, stuck in a partisan deadlock, faces an almost certain collapse?raising the threat of disruptive military spending cuts and a resurgent public anger at Congress.
2011-11-21 00:35:
Rhode Island is among the 22 states and the District of Columbia that offer some form of "work sharing," programs in which employees work fewer hours and receive partial unemployment insurance to lessen the blow to their incomes.
Cutting Hours Instead of Jobs
Rhode Island is among the 22 states and the District of Columbia that offer some form of "work sharing," programs in which employees work fewer hours and receive partial unemployment insurance to lessen the blow to their incomes.
2011-11-20 23:07:
While the euro zone convulses, several regional trading blocs in Africa are pushing for closer integration. But Africa is backing away from one prominent aspect of Europe's economic union: a common currency.
Africa Wants to Be Europe Without the Currency
While the euro zone convulses, several regional trading blocs in Africa are pushing for closer integration. But Africa is backing away from one prominent aspect of Europe's economic union: a common currency.
2011-11-20 21:36:
A new website is assembling what it calls "the world's best economics department" in a bid to give prominent academic economists a louder and unfiltered voice in key public-policy debates.
Economists Get Online Platform for Policy Debates
A new website is assembling what it calls "the world's best economics department" in a bid to give prominent academic economists a louder and unfiltered voice in key public-policy debates.
2011-11-20 21:14:
A new website is assembling what it calls "the world's best economics department" in a bid to give prominent academic economists a louder and unfiltered voice in key public-policy debates.
Economists Get Online Voice in Policy Debates
A new website is assembling what it calls "the world's best economics department" in a bid to give prominent academic economists a louder and unfiltered voice in key public-policy debates.
2011-11-20 20:40:
Congress's special deficit-reduction committee teetered on the brink of collapse Sunday, with panel members offering what sounded like postmortems on an effort to break the back of the nation's burgeoning deficit.
Deficit Panel Sets Table for Failure
Congress's special deficit-reduction committee teetered on the brink of collapse Sunday, with panel members offering what sounded like postmortems on an effort to break the back of the nation's burgeoning deficit.
2011-11-19 03:40:
Egypt is preparing to return to negotiations with the International Monetary Fund for a $3 billion loan "within a couple of weeks," Finance Minister Hazem al Beblawi said.
Egypt to Resume Talks on IMF Loan
Egypt is preparing to return to negotiations with the International Monetary Fund for a $3 billion loan "within a couple of weeks," Finance Minister Hazem al Beblawi said.
2011-11-19 01:51:
Bonny Lake is down to 5% of its peak size, because Colorado pulled the plug in September and is draining the lake as part of a legal requirement to send more water to Kansas and Nebraska.
Lake-Be-Gone Woes
Bonny Lake is down to 5% of its peak size, because Colorado pulled the plug in September and is draining the lake as part of a legal requirement to send more water to Kansas and Nebraska.
2011-11-19 01:21:
Congress's deficit-cut talks broke into two tracks, with members of a special committee continuing to seek a $1.2 trillion deal while leaders discussed a backup plan in case they fail.
Smaller Deal on Deficit Floated
Congress's deficit-cut talks broke into two tracks, with members of a special committee continuing to seek a $1.2 trillion deal while leaders discussed a backup plan in case they fail.
2011-11-18 22:57:
Congressional leaders have started informal talks about a smaller deficit deal, seeking a fallback option in case the supercommittee charged with brokering an agreement fails.
Smaller Deal on Deficit Is Discussed
Congressional leaders have started informal talks about a smaller deficit deal, seeking a fallback option in case the supercommittee charged with brokering an agreement fails.
2011-11-18 21:43:
The outlook for the U.S. economic recovery got a slight boost this week, with a stream of upbeat readings and a report predicting faster growth.
Outlook for Recovery Gets a Boost
The outlook for the U.S. economic recovery got a slight boost this week, with a stream of upbeat readings and a report predicting faster growth.
2011-11-18 16:43:
The Senate appears likely to easily confirm Former Kansas City Fed President Thomas Hoenig to a six-year term as the vice chairman of the Federal Deposit Insurance Corp.
Banks' Critic Poised for FDIC Post
The Senate appears likely to easily confirm Former Kansas City Fed President Thomas Hoenig to a six-year term as the vice chairman of the Federal Deposit Insurance Corp.
2011-11-18 11:08:
Even as opposition grows to Angela Merkel's campaign for an overhaul of the European treaty, the German chancellor may have an unexpected ally in David Cameron, the U.K. prime minister.
Cameron May Back Merkel on Treaty
Even as opposition grows to Angela Merkel's campaign for an overhaul of the European treaty, the German chancellor may have an unexpected ally in David Cameron, the U.K. prime minister.
2011-11-18 10:12:
Congress's deficit-reduction supercommittee is stumped in large part by one of Washington's seemingly unsolvable problems: Bush-era tax cuts.
Spat Stymies U.S. Debt Panel
Congress's deficit-reduction supercommittee is stumped in large part by one of Washington's seemingly unsolvable problems: Bush-era tax cuts.
2011-11-18 04:57:
Fort Smith, Ark., long noted for its ability to attract manufacturers and their well-paying jobs, is being tested again by the impending closing of a Whirlpool refrigerator plant. But this city has a knack for bouncing back.
As Whirlpool Exits, City Steps Up Jobs Hunt
Fort Smith, Ark., long noted for its ability to attract manufacturers and their well-paying jobs, is being tested again by the impending closing of a Whirlpool refrigerator plant. But this city has a knack for bouncing back.
2011-11-18 03:44:
The cost for European banks to swap euros for dollars climbed to levels last seen in 2008. In the U.S., higher funding costs were seen in markets for commercial paper and interbank lending.
Europe Strains Global Markets
The cost for European banks to swap euros for dollars climbed to levels last seen in 2008. In the U.S., higher funding costs were seen in markets for commercial paper and interbank lending.
2011-11-18 03:42:
U.S. lawmakers moved to increase the maximum size of loans that can be guaranteed by the Federal Housing Administration.
Congress Raises Ceiling on Mortgage Size
U.S. lawmakers moved to increase the maximum size of loans that can be guaranteed by the Federal Housing Administration.
2011-11-18 03:40:
The Senate appears likely to easily confirm Former Kansas City Fed President Thomas Hoenig to a six-year term as the vice chairman of the Federal Deposit Insurance Corp.
Banks' Critic Poised to Be Head of FDIC
The Senate appears likely to easily confirm Former Kansas City Fed President Thomas Hoenig to a six-year term as the vice chairman of the Federal Deposit Insurance Corp.
2011-11-18 03:08:
The share of households delinquent on their mortgage payments has fallen to the lowest level since the end of 2008, offering signs that modest job gains are stemming further damage for now in the U.S. housing sector.
Housing Data Show Woes Are Easing
The share of households delinquent on their mortgage payments has fallen to the lowest level since the end of 2008, offering signs that modest job gains are stemming further damage for now in the U.S. housing sector.
2011-11-18 03:01:
The U.S. labor market is edging forward, with fresh data suggesting October's modest job gains are continuing into November, amid a tenuous economic recovery that faces significant risks.
Claims Report Shows Layoffs Slowing
The U.S. labor market is edging forward, with fresh data suggesting October's modest job gains are continuing into November, amid a tenuous economic recovery that faces significant risks.
2011-11-18 02:51:
U.S. lawmakers moved to increase the maximum size of loans that can be guaranteed by the Federal Housing Administration.
Congress Raises Ceiling on Size of Mortgages
U.S. lawmakers moved to increase the maximum size of loans that can be guaranteed by the Federal Housing Administration.
2011-11-18 02:38:
Days away from a deadline, Congress's deficit-reduction supercommittee is stymied, stumped in large part by one of Washington's seemingly unsolvable problems: What to do with the Bush-era tax cuts?
Tax Spat Stymies Debt Panel
Days away from a deadline, Congress's deficit-reduction supercommittee is stymied, stumped in large part by one of Washington's seemingly unsolvable problems: What to do with the Bush-era tax cuts?
2011-11-18 02:25:
A top Federal Reserve official argued that the central bank isn't out of ammunition in its fight to boost U.S. economic growth and might need to do more to bring down high unemployment.
Fed Official Backs Action
A top Federal Reserve official argued that the central bank isn't out of ammunition in its fight to boost U.S. economic growth and might need to do more to bring down high unemployment.
2011-11-17 23:46:
U.S. banking regulators said they will review a year of quarterly financial reports to determine a bank's asset size, an announcement meant to provide the financial industry some clarity on how supervisory boundaries will be drawn.
Banks' Asset Size to Be a Yearly Determination
U.S. banking regulators said they will review a year of quarterly financial reports to determine a bank's asset size, an announcement meant to provide the financial industry some clarity on how supervisory boundaries will be drawn.
2011-11-17 23:44:
A top Federal Reserve official argued that the central bank isn't out of ammunition in its fight to boost U.S. economic growth and might need to do more to bring down high unemployment.
Fed Official Calls For More Action
A top Federal Reserve official argued that the central bank isn't out of ammunition in its fight to boost U.S. economic growth and might need to do more to bring down high unemployment.
2011-11-17 23:36:
Central banks' gold purchases in the third quarter were more than double the level reported just one quarter earlier, and came in almost seven times higher than the year-earlier period.
Gold Lures Central Banks
Central banks' gold purchases in the third quarter were more than double the level reported just one quarter earlier, and came in almost seven times higher than the year-earlier period.
2011-11-17 23:22:
Former Kansas City Fed President Thomas Hoenig, a severe critic of banks that are 'too big to fail,' breezed through Senate confirmation hearings on his nomination to become vice chairman of the FDIC.
Hoenig, Critic of Big Banks, Is Poised for FDIC Post
Former Kansas City Fed President Thomas Hoenig, a severe critic of banks that are 'too big to fail,' breezed through Senate confirmation hearings on his nomination to become vice chairman of the FDIC.
2011-11-17 23:11:
Standard & Poor's raised Brazil's long-term sovereign rating to triple-B from triple-B-minus, with a stable outlook.
S&P Raises Brazil Rating
Standard & Poor's raised Brazil's long-term sovereign rating to triple-B from triple-B-minus, with a stable outlook.
2011-11-17 21:42:
General Motors's chief executive warned that the global fallout from the current European debt crisis could exceed the impact of the recession that pushed GM into bankruptcy restructuring.
GM Chief Warns of 'Contagion' in Europe
General Motors's chief executive warned that the global fallout from the current European debt crisis could exceed the impact of the recession that pushed GM into bankruptcy restructuring.
2011-11-17 17:43:
House Republicans want to expand U.S. domestic energy production and use the increased federal royalties to pay for more bridge and highway repairs and construction.
GOP: Boost Energy Production
House Republicans want to expand U.S. domestic energy production and use the increased federal royalties to pay for more bridge and highway repairs and construction.
2011-11-17 16:33:
Resona Chairman Eiji Hosoya warned that Japan could face similar problems to Greece or Italy given the country's huge debt burden, and he urged the government to pursue financial discipline.
Resona Chairman Warns Over Japan Debt Danger
Resona Chairman Eiji Hosoya warned that Japan could face similar problems to Greece or Italy given the country's huge debt burden, and he urged the government to pursue financial discipline.
2011-11-17 16:06:
Central banks' gold purchases in the third quarter were more than double the level reported just one quarter earlier, and came in almost seven times higher than the year-earlier period.
Central Banks Catch Gold Fever
Central banks' gold purchases in the third quarter were more than double the level reported just one quarter earlier, and came in almost seven times higher than the year-earlier period.
2011-11-17 10:45:
U.K. retail sales jumped unexpectedly in October due to earlier-than-usual holiday-season discounts and other promotions, suggesting customers are benefitting from intense competition among retailers as the economy slows.
Promotions Boost U.K. Retail
U.K. retail sales jumped unexpectedly in October due to earlier-than-usual holiday-season discounts and other promotions, suggesting customers are benefitting from intense competition among retailers as the economy slows.
2011-11-17 05:50:
Riding into office as a celebrity outsider, Mayor Dave Bing promised a new start. Since then, the former NBA all-star hasn't put a lot of points on the board. On Wednesday, he called for cuts, ahead of a possible state takeover.
Mayor Makes Case for Cuts in Detroit
Riding into office as a celebrity outsider, Mayor Dave Bing promised a new start. Since then, the former NBA all-star hasn't put a lot of points on the board. On Wednesday, he called for cuts, ahead of a possible state takeover.
2011-11-17 03:48:
Riding into office as a celebrity outsider, Mayor Dave Bing promised a new start. Since then, the former NBA all-star hasn't put a lot of points on the board. On Wednesday, he called for cuts, ahead of a possible state takeover.
Mayor Makes Case for Cuts In Detroit
Riding into office as a celebrity outsider, Mayor Dave Bing promised a new start. Since then, the former NBA all-star hasn't put a lot of points on the board. On Wednesday, he called for cuts, ahead of a possible state takeover.
2011-11-17 03:41:
One week before Congress' deficit-cutting supercommittee hits its deadline, and with signs of stalemate increasing, lawmakers confronted the possibility of failure.
Deficit Stalemate Signs Rise
One week before Congress' deficit-cutting supercommittee hits its deadline, and with signs of stalemate increasing, lawmakers confronted the possibility of failure.
2011-11-17 02:12:
Americans saw prices inch down last month, a development that is encouraging news for holiday spending but also confirmation of weak demand in the U.S. economy.
Prices Edge Lower
Americans saw prices inch down last month, a development that is encouraging news for holiday spending but also confirmation of weak demand in the U.S. economy.
2011-11-16 23:03:
The Bay Area economy is recovering despite a weak national rebound, but the shape of the revival across the region is uneven, according to new research.
Uneven Growth as Bay Area Revives
The Bay Area economy is recovering despite a weak national rebound, but the shape of the revival across the region is uneven, according to new research.
2011-11-16 15:21:
The cost of living in the U.S. declined in October from a month earlier on lower energy prices, easing concerns about inflation.
Inflation Pressures Decline
The cost of living in the U.S. declined in October from a month earlier on lower energy prices, easing concerns about inflation.
2011-11-16 11:38:
The failure of euro-zone countries to deal decisively with the debt crisis is threatening the world economy, Canada's finance minister said.
Canadian Finance Minister Urges Europe to Act
The failure of euro-zone countries to deal decisively with the debt crisis is threatening the world economy, Canada's finance minister said.
2011-11-16 11:29:
Germany's powerful Bundesbank issued a stark rebuke of the euro zone's response to the debt crisis, dismissing several recent proposals aimed at calming markets and bolstering the currency bloc's bailout fund.
Bundesbank Slams Crisis Proposals
Germany's powerful Bundesbank issued a stark rebuke of the euro zone's response to the debt crisis, dismissing several recent proposals aimed at calming markets and bolstering the currency bloc's bailout fund.
2011-11-16 11:09:
The Bank of Japan refrained from taking additional easing steps, but downgraded its economic assessment as its governor warned that the impact from the European debt crisis may spread.
BOJ Leaves Policy on Hold
The Bank of Japan refrained from taking additional easing steps, but downgraded its economic assessment as its governor warned that the impact from the European debt crisis may spread.
2011-11-16 02:01:
Geithner said Europe's smoldering fiscal crisis should compel Congress to pass legislation that boosts the economy, warning that continued global pressures are constraining U.S. growth.
Geithner Seeks a U.S. Boost
Geithner said Europe's smoldering fiscal crisis should compel Congress to pass legislation that boosts the economy, warning that continued global pressures are constraining U.S. growth.
2011-11-16 01:39:
U.S. retailers posted solid sales gains last month, bolstering expectations for the economy in the final weeks of 2011. Separately, U.S. wholesale prices dropped at the fastest monthly pace since February 2010.
Rising Sales Brighten Growth Forecasts
U.S. retailers posted solid sales gains last month, bolstering expectations for the economy in the final weeks of 2011. Separately, U.S. wholesale prices dropped at the fastest monthly pace since February 2010.
2011-11-16 00:34:
Treasury Secretary Timothy Geithner said Europe's smoldering fiscal crisis should compel Congress to pass legislation that boosts the economy, warning that continued global pressures are constraining U.S. growth.
Crisis Should Compel Congress to Act: Geithner
Treasury Secretary Timothy Geithner said Europe's smoldering fiscal crisis should compel Congress to pass legislation that boosts the economy, warning that continued global pressures are constraining U.S. growth.
2011-11-15 20:25:
Policy makers meeting in Washington have little hope U.S. lawmakers will reach a deal to reduce U.S. deficit ahead of a Nov. 23 deadline. They see outlook for Europe's ability to contain its growing debt crisis as even more dire.
Little Cheer Seen for U.S., Europe
Policy makers meeting in Washington have little hope U.S. lawmakers will reach a deal to reduce U.S. deficit ahead of a Nov. 23 deadline. They see outlook for Europe's ability to contain its growing debt crisis as even more dire.
2011-11-15 17:02:
U.S. retail sales rose in October as Americans spent their dollars at electronics stores and on the Internet. Separately, U.S. wholesale prices dropped at the fastest monthly pace since February 2010.
U.S. Retail Sales Advance
U.S. retail sales rose in October as Americans spent their dollars at electronics stores and on the Internet. Separately, U.S. wholesale prices dropped at the fastest monthly pace since February 2010.
2011-11-15 14:37:
China's current-account surplus fell in the third quarter, adding to evidence that the country is rebalancing away from dependence on exports.
Data Help China's Case for Yuan
China's current-account surplus fell in the third quarter, adding to evidence that the country is rebalancing away from dependence on exports.
2011-11-15 11:54:
China's current-account surplus?the broadest measure of its trade balance with the rest of the world?continued narrowing in the third quarter, adding to evidence that the country is rebalancing away from dependence on exports.
China Current-Account Surplus Narrows
China's current-account surplus?the broadest measure of its trade balance with the rest of the world?continued narrowing in the third quarter, adding to evidence that the country is rebalancing away from dependence on exports.
2011-11-15 11:08:
The rate of inflation in the U.K. slowed more than expected in October, official data showed, as a supermarket price war helped offset higher household utility bills.
U.K. Inflation Falls to 5%
The rate of inflation in the U.K. slowed more than expected in October, official data showed, as a supermarket price war helped offset higher household utility bills.
2011-11-15 08:43:
The French economy returned to growth in the third quarter after contracting in the second.
French Economy Returns to Growth
The French economy returned to growth in the third quarter after contracting in the second.
2011-11-15 08:15:
German economic growth accelerated in the third quarter of this year in line with expectations, data from the Federal Statistics Office showed.
German Growth Accelerates
German economic growth accelerated in the third quarter of this year in line with expectations, data from the Federal Statistics Office showed.
2011-11-15 04:58:
The Federal Housing Administration's cash reserves have fallen so low that there is a "close to 50%" chance the agency could run out of money and require a taxpayer bailout in the next year, according to a report.
Loan Backer's Cash Runs Low
The Federal Housing Administration's cash reserves have fallen so low that there is a "close to 50%" chance the agency could run out of money and require a taxpayer bailout in the next year, according to a report.
2011-11-15 04:51:
China needs to revamp its banking system to head off a "steady build-up of financial sector vulnerabilities," the IMF said.
IMF Calls for China Banking Revamp
China needs to revamp its banking system to head off a "steady build-up of financial sector vulnerabilities," the IMF said.
2011-11-14 16:41:
Japan must include rice in the negotiations if it wishes to join talks over the Trans-Pacific Partnership free-trade agreement, New Zealand Trade Minister Tim Groser said.
New Zealand: Japan Must Include Rice in TPP Talks
Japan must include rice in the negotiations if it wishes to join talks over the Trans-Pacific Partnership free-trade agreement, New Zealand Trade Minister Tim Groser said.
2011-11-14 11:59:
Japan's economy grew an annualized 6% in the July-September period, posting its first gain since the March 11 earthquake and tsunami.
Japan's Economy Rebounds
Japan's economy grew an annualized 6% in the July-September period, posting its first gain since the March 11 earthquake and tsunami.
2011-11-14 11:36:
The White House, which has been looking for a Republican to nominate to for one of the vacancies on the Federal Reserve Board, is seriously considering ex-Treasury official Jerome Powell.
Republican Gets Look for Fed Spot
The White House, which has been looking for a Republican to nominate to for one of the vacancies on the Federal Reserve Board, is seriously considering ex-Treasury official Jerome Powell.
2011-11-14 11:25:
Output from euro-zone factories fell in September at its fastest rate in two and a half years, underscoring the threat of recession in the 17-nation currency bloc.
Euro-Zone Factory Output Falls
Output from euro-zone factories fell in September at its fastest rate in two and a half years, underscoring the threat of recession in the 17-nation currency bloc.
2011-11-14 06:17:
The White House, which has been looking for a Republican to nominate to for one of the vacancies on the Federal Reserve Board, is seriously considering ex-Treasury official Jerome Powell.
Republican Gets Serious Look for Fed Board Spot
The White House, which has been looking for a Republican to nominate to for one of the vacancies on the Federal Reserve Board, is seriously considering ex-Treasury official Jerome Powell.
2011-11-14 06:11:
A top House Republican raised the possibility of pushing a tax-overhaul effort to next year, as part of a broader deficit-reduction effort that is closing in on a deadline just days away.
Deficit Deal Might Delay Tax Overhaul
A top House Republican raised the possibility of pushing a tax-overhaul effort to next year, as part of a broader deficit-reduction effort that is closing in on a deadline just days away.
2011-11-14 04:43:
The lack of growth at family businesses is a huge obstacle to making Italy more dynamic?especially at a time when it urgently needs higher growth to pay down its $2.6 trillion national debt.
Family-Run Firms Test Italy's Growth
The lack of growth at family businesses is a huge obstacle to making Italy more dynamic?especially at a time when it urgently needs higher growth to pay down its $2.6 trillion national debt.
2011-11-14 02:01:
Five years into a brutal national housing downturn, raw land destined for residential development has fallen so far in value that thousands of acres across the country are being used again for agriculture.
U.S. Farmers Reclaim Land From Developers
Five years into a brutal national housing downturn, raw land destined for residential development has fallen so far in value that thousands of acres across the country are being used again for agriculture.
2011-11-14 01:14:
Japan's economy grew an annualized 6% in the July-September period, posting its first gain since the March 11 earthquake and tsunami.
Japan Economy Rebounds From Earthquake
Japan's economy grew an annualized 6% in the July-September period, posting its first gain since the March 11 earthquake and tsunami.
2011-11-13 08:17:
Japan's prime minister hoped for praise at the weekend summit of Asia-Pacific leaders here for his bold pledge to join a U.S.-led free-trade pact?but the move drew instant skepticism abroad and at home, showing just how difficult the process will be for Tokyo.
Japan's Free-Trade Move Criticized
Japan's prime minister hoped for praise at the weekend summit of Asia-Pacific leaders here for his bold pledge to join a U.S.-led free-trade pact?but the move drew instant skepticism abroad and at home, showing just how difficult the process will be for Tokyo.
2011-11-12 06:47:
Japan's campaign to stem the yen's rise seemed to get implicit support from the head of the International Monetary Fund, who said the moves were justified under principles embraced by the world's advanced economies.
Lagarde Signals Support for Yen Intervention
Japan's campaign to stem the yen's rise seemed to get implicit support from the head of the International Monetary Fund, who said the moves were justified under principles embraced by the world's advanced economies.
2011-11-12 05:55:
Japan's campaign to stem the yen's rise seemed to get implicit support from the head of the International Monetary Fund, who said the moves were justified under principles embraced by the world's advanced economies.
Lagarde Signals Support for Intervention
Japan's campaign to stem the yen's rise seemed to get implicit support from the head of the International Monetary Fund, who said the moves were justified under principles embraced by the world's advanced economies.
2011-11-12 03:13:
Despite sharp divisions within Congress's special deficit-cutting panel, members of both parties say its goal of trimming at least $1.2 trillion from federal deficits over 10 years remains within grasp.
Hints of Hope as Deficit Deadline Nears
Despite sharp divisions within Congress's special deficit-cutting panel, members of both parties say its goal of trimming at least $1.2 trillion from federal deficits over 10 years remains within grasp.
2011-11-12 02:04:
With Europe, China and the U.S. in crisis, the real question is which of them will stumble first.
Whose Economy Has It Worst?
With Europe, China and the U.S. in crisis, the real question is which of them will stumble first.
2011-11-12 01:49:
Big debts in the public hospital system helped usher in Greece's financial crisis in 2009, and health care is now a key battleground as the country struggles to escape it.
Health System Reflects Greece's Ills
Big debts in the public hospital system helped usher in Greece's financial crisis in 2009, and health care is now a key battleground as the country struggles to escape it.
2011-11-11 20:42:
Consumers' attitudes about the economy appear to be brightening a bit, though their mood overall is still very dark by historical measures.
Consumer Attitudes Brighten a Bit
Consumers' attitudes about the economy appear to be brightening a bit, though their mood overall is still very dark by historical measures.
2011-11-11 20:38:
As Congress's deficit-cutting committee struggles to reach a deal, one powerful figure looming over the proceedings isn't even a member -- Grover Norquist, president of Americans for Tax Reform.
Antitax Activist Looms in Deficit Talks
As Congress's deficit-cutting committee struggles to reach a deal, one powerful figure looming over the proceedings isn't even a member -- Grover Norquist, president of Americans for Tax Reform.
2011-11-11 09:50:
European turmoil and slowing growth in Asia are threatening the export boom that has helped prop up the shaky U.S. economic recovery.
Turmoil Threatens U.S. Export Boom
European turmoil and slowing growth in Asia are threatening the export boom that has helped prop up the shaky U.S. economic recovery.
2011-11-11 03:07:
These Eastern European nations are among the most exposed to a lending pullback by Europe's banks as the Continent's debt crisis enters a new phase.
Eastern Europe Vulnerable in Debt Crisis
These Eastern European nations are among the most exposed to a lending pullback by Europe's banks as the Continent's debt crisis enters a new phase.
2011-11-11 02:26:
Concerns are rising that the Federal Housing Administration could run out money if the economy doesn't recover soon.
Risk Rises for Housing Agency
Concerns are rising that the Federal Housing Administration could run out money if the economy doesn't recover soon.
2011-11-11 01:16:
European turmoil and slowing growth in Asia are threatening the export boom that has helped prop up the shaky U.S. economic recovery.
International Turmoil Threatens U.S. Export Boom
European turmoil and slowing growth in Asia are threatening the export boom that has helped prop up the shaky U.S. economic recovery.
2011-11-11 00:01:
In choosing municipal bankruptcy as an alternative to protracted negotiations with creditors on $3 billion in sewer debt, Jefferson County, Ala., officials will start a new round of what is likely to be more negotiations with the same creditors about the same issues.
Alabama Bankruptcy Filing Is Not Last Chapter
In choosing municipal bankruptcy as an alternative to protracted negotiations with creditors on $3 billion in sewer debt, Jefferson County, Ala., officials will start a new round of what is likely to be more negotiations with the same creditors about the same issues.
2011-11-10 22:33:
The chance of a recession has fallen in the U.S., according to economists surveyed, but a middling expansion could be derailed by events in Europe.
Economists Cut Chance of U.S. Recession
The chance of a recession has fallen in the U.S., according to economists surveyed, but a middling expansion could be derailed by events in Europe.
2011-11-10 22:04:
In choosing municipal bankruptcy as an alternative to protracted negotiations with creditors on $3 billion in sewer debt, Jefferson County, Ala., officials will start a new round of what is likely to be more negotiations with the same creditors about the same issues.
Alabama Bankruptcy Filing Is a Painful, but Not the Last, Chapter
In choosing municipal bankruptcy as an alternative to protracted negotiations with creditors on $3 billion in sewer debt, Jefferson County, Ala., officials will start a new round of what is likely to be more negotiations with the same creditors about the same issues.
2011-11-10 21:23:
European turmoil and slowing growth in Asia are threatening the export boom that has helped prop up the shaky U.S. recovery. New data underscored the role of exports, showing that U.S. companies sold a record $180.4 billion in goods and services to overseas customers in September, up 1.4% from August.
Overseas Turmoil Threatens U.S. Export Boom
European turmoil and slowing growth in Asia are threatening the export boom that has helped prop up the shaky U.S. recovery. New data underscored the role of exports, showing that U.S. companies sold a record $180.4 billion in goods and services to overseas customers in September, up 1.4% from August.
2011-11-10 11:28:
Asia-Pacific authorities braced for financial turbulence out of crisis-stricken Europe, with Indonesia's central bank slashing interest rates as stock markets and currencies in the region fell sharply.
Asian Economies Gird for Turbulence From Europe
Asia-Pacific authorities braced for financial turbulence out of crisis-stricken Europe, with Indonesia's central bank slashing interest rates as stock markets and currencies in the region fell sharply.
2011-11-10 10:48:
The European Union slashed its growth forecast for the 27-nation bloc in the coming year and said it can't exclude the possibility of a deep, prolonged recession.
EU Could Face 'Deep, Prolonged Recession'
The European Union slashed its growth forecast for the 27-nation bloc in the coming year and said it can't exclude the possibility of a deep, prolonged recession.
2011-11-10 06:03:
Silvio Berlusconi isn't the problem. Italy's spending isn't the problem. It's not unions or benefits. The euro zone isn't the problem. Neither are Greece, José Manuel Barroso, Nicolas Sarkozy or Angela Merkel. The problem is the banks.
Italy Isn't the Problem
Silvio Berlusconi isn't the problem. Italy's spending isn't the problem. It's not unions or benefits. The euro zone isn't the problem. Neither are Greece, José Manuel Barroso, Nicolas Sarkozy or Angela Merkel. The problem is the banks.
2011-11-10 04:43:
Slowing inflation may give Beijing more room to maneuver as it tries to navigate the tricky route toward a soft landing, a move that could be an important prop to global growth.
Beijing Appears Set to Ease Lending Limits
Slowing inflation may give Beijing more room to maneuver as it tries to navigate the tricky route toward a soft landing, a move that could be an important prop to global growth.
2011-11-10 03:50:
U.S. wholesalers are drawing more from their warehoused goods to meet a slight rise in demand, raising the prospect of a ramp up in production in coming months.
Declining Inventories Signal Output Rise
U.S. wholesalers are drawing more from their warehoused goods to meet a slight rise in demand, raising the prospect of a ramp up in production in coming months.
2011-11-10 03:11:
Investors stampeded out of Italian bonds, sparking a broader decline across global markets.
Italy Fears Rattle World's Investors
Investors stampeded out of Italian bonds, sparking a broader decline across global markets.
2011-11-10 02:45:
Michigan officials are declaring a financial emergency in Flint, paving the way for a state takeover of the struggling industrial city's finances, at the same time labor talks are going on in Detroit.
Michigan Sizes Up Taking Over Flint
Michigan officials are declaring a financial emergency in Flint, paving the way for a state takeover of the struggling industrial city's finances, at the same time labor talks are going on in Detroit.
2011-11-10 02:37:
Commissioners in Jefferson County, Ala., filed for what would be the largest municipal bankruptcy in U.S. history after a tentative rescue plan with creditors unraveled.
Alabama County Files for Bankruptcy
Commissioners in Jefferson County, Ala., filed for what would be the largest municipal bankruptcy in U.S. history after a tentative rescue plan with creditors unraveled.
2011-11-10 02:21:
The Continent's debt crisis seems to pose about as much threat to the U.S. as the giant asteroid that zoomed by this week. But the impact would be felt in activity far beyond Europe's shores.
How Italy's Woes Might Reverberate
The Continent's debt crisis seems to pose about as much threat to the U.S. as the giant asteroid that zoomed by this week. But the impact would be felt in activity far beyond Europe's shores.
2011-11-10 02:13:
In Europe and the U.S., there is no longer any doubt about the severity of the economic threat. Yet the players seem spectacularly unable to act. Why?
Dividing the Tab Prolongs Pain
In Europe and the U.S., there is no longer any doubt about the severity of the economic threat. Yet the players seem spectacularly unable to act. Why?
2011-11-10 01:19:
U.S. wholesalers are drawing more from their warehoused goods to meet a slight rise in demand, raising the prospect of a ramp up in production in coming months.
Declining Inventories Hint at Rise in Output
U.S. wholesalers are drawing more from their warehoused goods to meet a slight rise in demand, raising the prospect of a ramp up in production in coming months.
2011-11-10 00:03:
U.S. home prices fell in nearly three-quarters of metropolitan areas in the third quarter and the national median price dropped 4.7% as the housing market continued to show weakness.
Home Prices Keep Dropping
U.S. home prices fell in nearly three-quarters of metropolitan areas in the third quarter and the national median price dropped 4.7% as the housing market continued to show weakness.
2011-11-09 23:43:
In Europe and the U.S., there is no longer any doubt about the severity of the economic threat. Yet the players seem spectacularly unable to act. Why?
Why Crises Persist
In Europe and the U.S., there is no longer any doubt about the severity of the economic threat. Yet the players seem spectacularly unable to act. Why?
2011-11-09 23:04:
U.S. wholesalers are drawing more from their warehoused goods to meet a slight rise in demand, raising the prospect of a ramp up in production in coming months.
Dip in Inventories Signals Production Surge
U.S. wholesalers are drawing more from their warehoused goods to meet a slight rise in demand, raising the prospect of a ramp up in production in coming months.
2011-11-09 15:38:
Russia signed a pact with Georgia that removes the last obstacle to Moscow's membership in the World Trade Organization, boosting the trade bloc's clout among major world economies and sealing the Kremlin's intentions to open up the economy after 18 years of negotiations.
Russia Nears WTO After Georgia Pact
Russia signed a pact with Georgia that removes the last obstacle to Moscow's membership in the World Trade Organization, boosting the trade bloc's clout among major world economies and sealing the Kremlin's intentions to open up the economy after 18 years of negotiations.
2011-11-09 15:34:
Slowing inflation may give Beijing more room to maneuver as it tries to navigate the tricky route toward a soft landing, a move that could be an important prop to global growth.
China Could Ease Lending Curbs
Slowing inflation may give Beijing more room to maneuver as it tries to navigate the tricky route toward a soft landing, a move that could be an important prop to global growth.
2011-11-09 15:02:
Slowing inflation may give Beijing more room to maneuver as it tries to navigate the tricky route toward a soft landing, a move that could be an important prop to global growth.
China Likely to Ease Lending Curbs as Inflation Ebbs
Slowing inflation may give Beijing more room to maneuver as it tries to navigate the tricky route toward a soft landing, a move that could be an important prop to global growth.
2011-11-09 13:10:
Slowing inflation may give Beijing more room to maneuver as it tries to navigate the tricky route toward a soft landing, a move that could be an important prop to global growth.
China Likely to Ease Lending as Inflation Ebbs
Slowing inflation may give Beijing more room to maneuver as it tries to navigate the tricky route toward a soft landing, a move that could be an important prop to global growth.
2011-11-09 10:45:
The U.K.'s goods trade deficit widened to a record level in September, official statistics showed , as a modest rise in exports was more than offset by record imports of goods including chemicals, silver and works of art.
U.K. Goods Trade Deficit Hits Record
The U.K.'s goods trade deficit widened to a record level in September, official statistics showed , as a modest rise in exports was more than offset by record imports of goods including chemicals, silver and works of art.
2011-11-09 04:38:
For years, Silvio Berlusconi clung to power while fending off sex scandals and corruption trials. In the end, however, his fall came at the hands of a small group of trusted lawmakers over his handling of the economy.
Italian Premier Pays Final Debt
For years, Silvio Berlusconi clung to power while fending off sex scandals and corruption trials. In the end, however, his fall came at the hands of a small group of trusted lawmakers over his handling of the economy.
2011-11-09 02:52:
College students continue to gravitate toward liberal-arts majors despite better pay prospects for those who study engineering, science and math?disciplines deemed too rigorous for many.
Students Pick Easier Majors Despite Less Pay
College students continue to gravitate toward liberal-arts majors despite better pay prospects for those who study engineering, science and math?disciplines deemed too rigorous for many.
2011-11-08 16:44:
The number of available jobs in the U.S. grew by 300,000 in September, a sign of continuing slow improvement for the sluggish labor market.
U.S. Job Openings Grow
The number of available jobs in the U.S. grew by 300,000 in September, a sign of continuing slow improvement for the sluggish labor market.
2011-11-08 16:14:
Bank of Canada Governor Mark Carney said that global liquidity is about to dry up again as the European banking system deleverages, and warned that the real economy will soon feel the impact.
Global Liquidity 'on the Cusp' of Crunch
Bank of Canada Governor Mark Carney said that global liquidity is about to dry up again as the European banking system deleverages, and warned that the real economy will soon feel the impact.
2011-11-08 13:35:
Berlusconi was in 11th-hour talks aimed at saving his conservative coalition as investors renewed pressure on the premier to step down and allow a new government to steer the country out of Europe's debt crisis.
Key Berlusconi Ally Removes Support
Berlusconi was in 11th-hour talks aimed at saving his conservative coalition as investors renewed pressure on the premier to step down and allow a new government to steer the country out of Europe's debt crisis.
2011-11-08 08:28:
German exports rose further in September while imports fell, widening Germany's merchandise trade surplus, data from the Federal Statistics Office showed.
German Exports on the Rise
German exports rose further in September while imports fell, widening Germany's merchandise trade surplus, data from the Federal Statistics Office showed.
2011-11-08 06:22:
Analysts said Italy is at the brink of being unable to afford to borrow in the public markets as its bond yields approach 7%.
Italy Nears Brink as Bond Yields Climb
Analysts said Italy is at the brink of being unable to afford to borrow in the public markets as its bond yields approach 7%.
2011-11-08 04:57:
The burgeoning business of investing in someone else's pension has never been easier?or more controversial and risky.
Investing in a Stranger's Retirement
The burgeoning business of investing in someone else's pension has never been easier?or more controversial and risky.
2011-11-08 03:44:
Wall Street bonuses are set to shrink by an average of 20% to 30% from last year, with even steeper declines for bond traders, according to a widely watched compensation survey.
Wall Street to See Smaller Bonuses
Wall Street bonuses are set to shrink by an average of 20% to 30% from last year, with even steeper declines for bond traders, according to a widely watched compensation survey.
2011-11-08 03:10:
Fearing massive debt, more students are choosing to enroll at public colleges over elite universities. Part of the Journal's 'Generation Jobless' series exploring the tough job market for Americans 25 and under.
Is an Ivy League Diploma Worth It?
Fearing massive debt, more students are choosing to enroll at public colleges over elite universities. Part of the Journal's 'Generation Jobless' series exploring the tough job market for Americans 25 and under.
2011-11-08 02:04:
Wall Street bonuses are set to shrink by an average of 20% to 30% from last year, with even steeper declines for bond traders, according to a widely watched compensation survey.
Wall Street to See Smaller Bonuses This Year
Wall Street bonuses are set to shrink by an average of 20% to 30% from last year, with even steeper declines for bond traders, according to a widely watched compensation survey.
2011-11-07 15:44:
BP said it isn't concerned about the collapse of a $7.06 billion Argentine oil deal over the weekend, because it no longer has to divest itself of assets just to shore up its financial position.
BP: Argentine Sale Wasn't Needed
BP said it isn't concerned about the collapse of a $7.06 billion Argentine oil deal over the weekend, because it no longer has to divest itself of assets just to shore up its financial position.
2011-11-07 09:57:
All Nippon Airways is taking significantly longer to train pilots for its new Boeing 787 jets than the aircraft maker and aviation-safety experts had expected, a surprise that Boeing rival Airbus is trying to exploit.
Airbus Tries to Exploit 787 Training Time
All Nippon Airways is taking significantly longer to train pilots for its new Boeing 787 jets than the aircraft maker and aviation-safety experts had expected, a surprise that Boeing rival Airbus is trying to exploit.
2011-11-07 02:53:
All Nippon Airways is taking significantly longer to train pilots for its new Boeing 787 jets than the aircraft maker and aviation-safety experts had expected, a surprise that Boeing rival Airbus is trying to exploit.
Airbus Plays Up Boeing 787 Training Time
All Nippon Airways is taking significantly longer to train pilots for its new Boeing 787 jets than the aircraft maker and aviation-safety experts had expected, a surprise that Boeing rival Airbus is trying to exploit.
2011-11-07 02:49:
Best Buy is joining rivals Target, Macy's and Kohl's in saying it will open at midnight on the night of Thanksgiving, pushing the "Black Friday" shopping frenzy up by many hours.
Retailers Attack at 'Black Midnight'
Best Buy is joining rivals Target, Macy's and Kohl's in saying it will open at midnight on the night of Thanksgiving, pushing the "Black Friday" shopping frenzy up by many hours.
2011-11-07 01:40:
Few groups were hit harder by the recession than young men, like Cody Preston and Justin Randol, 25-year-old high-school buddies who didn't go to college. Their predicament reflects that of a generation of Americans facing one of the weakest job markets in modern history. This week, The Wall Street Journal explores their stories.
Young Men Suffer Worst as Economy Staggers
Few groups were hit harder by the recession than young men, like Cody Preston and Justin Randol, 25-year-old high-school buddies who didn't go to college. Their predicament reflects that of a generation of Americans facing one of the weakest job markets in modern history. This week, The Wall Street Journal explores their stories.
2011-11-07 01:25:
Intrepid U.S. investors are venturing across the pond to snap up European corporate bonds at cut-rate prices. Some are taking advantage of a price gap between European and U.S. debt of international firms like Levi Strauss.
European Bonds Lure U.S. Bargain Hunters
Intrepid U.S. investors are venturing across the pond to snap up European corporate bonds at cut-rate prices. Some are taking advantage of a price gap between European and U.S. debt of international firms like Levi Strauss.
2011-11-07 01:16:
As a result of Europe's debt crisis, bank lending standards, after months of loosening, may be starting to tighten, which could douse U.S. growth sparks.
Tighter Lending Could Strangle Growth
As a result of Europe's debt crisis, bank lending standards, after months of loosening, may be starting to tighten, which could douse U.S. growth sparks.
2011-11-07 00:08:
The unemployment rate last year among high-school dropouts between ages 16 and 24 was 29%. The problem is particularly acute among Hispanics and African-Americans.
'Disconnected Youth' Among Minorities
The unemployment rate last year among high-school dropouts between ages 16 and 24 was 29%. The problem is particularly acute among Hispanics and African-Americans.
2011-11-06 18:43:
Greek Prime Minister George Papandreou and opposition New Democracy party leader Antonis Samaras were set to meet with Greece's president on Sunday evening to hammer out the details of a new coalition government.
Greek Talks Contentious On Next Step
Greek Prime Minister George Papandreou and opposition New Democracy party leader Antonis Samaras were set to meet with Greece's president on Sunday evening to hammer out the details of a new coalition government.
2011-11-06 13:44:
Prime Minister George Papandreou may announce his resignation after a cabinet meeting Sunday that will pave the way for a coalition government, a senior Socialist party official said.
Greece's Papandreou May Step Down
Prime Minister George Papandreou may announce his resignation after a cabinet meeting Sunday that will pave the way for a coalition government, a senior Socialist party official said.
2011-11-05 01:06:
The U.S. job market strengthened in the past three months, signaling an economic recovery that is inching in the right direction but still vulnerable to global shocks.
Job Rise Shows Slow Recovery
The U.S. job market strengthened in the past three months, signaling an economic recovery that is inching in the right direction but still vulnerable to global shocks.
2011-11-05 00:34:
The Senate unanimously confirmed Alan Krueger as chairman of Obama's Council of Economic Advisors.
Senate Confirms Economic Adviser
The Senate unanimously confirmed Alan Krueger as chairman of Obama's Council of Economic Advisors.
2011-11-05 00:31:
A New York-area family-practice doctor who was featured in a WSJ article about Medicare abuses last year was indicted by a federal grand jury this week for allegedly submitting more than $13 million of false claims to the program.
Doctor Is Indicted in Medicare Case
A New York-area family-practice doctor who was featured in a WSJ article about Medicare abuses last year was indicted by a federal grand jury this week for allegedly submitting more than $13 million of false claims to the program.
2011-11-04 20:55:
Portugal is considering setting up a government-administered vehicle carrying housing loans held by domestic banks, as it seeks ways to feed capital into public companies in dire need for cash.
Portugal Weighs Measures to Ease Credit
Portugal is considering setting up a government-administered vehicle carrying housing loans held by domestic banks, as it seeks ways to feed capital into public companies in dire need for cash.
2011-11-04 20:00:
Greece's parliament began debate ahead of a closely watched confidence vote in Prime Minister George Papandreou's embattled government amid a political crisis that has threatened to derail the country's latest bailout.
Greece Readies for Confidence Vote
Greece's parliament began debate ahead of a closely watched confidence vote in Prime Minister George Papandreou's embattled government amid a political crisis that has threatened to derail the country's latest bailout.
2011-11-04 18:31:
Senate Democrats introduced a measure offering tax breaks for companies that hire veterans of the wars in Afghanistan and Iraq.
Democrats Propose Tax Breaks for Hiring Veterans
Senate Democrats introduced a measure offering tax breaks for companies that hire veterans of the wars in Afghanistan and Iraq.
2011-11-04 17:03:
Portugal is considering setting up a government-administered "bad bank" to carry toxic housing loans held by domestic banks, as it seeks ways to feed capital into public companies in dire need for cash.
Portugal Considers Bad Bank
Portugal is considering setting up a government-administered "bad bank" to carry toxic housing loans held by domestic banks, as it seeks ways to feed capital into public companies in dire need for cash.
2011-11-04 16:09:
Italian borrowing costs soared after the G-20 failed to agree on how the International Monetary Fund could help ease the euro zone's debt crisis.
Italian Bond Yields Soar
Italian borrowing costs soared after the G-20 failed to agree on how the International Monetary Fund could help ease the euro zone's debt crisis.
2011-11-04 15:03:
The economy added 80,000 jobs in October as private companies hired workers, but the unemployment rate only fell to 9% from 9.1%.
U.S. Payrolls Show Modest October Gains
The economy added 80,000 jobs in October as private companies hired workers, but the unemployment rate only fell to 9% from 9.1%.
2011-11-04 14:33:
A Greek independent lawmaker, Elsa Papadimitriou, said she would abstain from a confidence vote in the country's embattled Socialist government, further reducing the government's chances of surviving Friday's vote.
Papandreou's Prospects Dim
A Greek independent lawmaker, Elsa Papadimitriou, said she would abstain from a confidence vote in the country's embattled Socialist government, further reducing the government's chances of surviving Friday's vote.
2011-11-04 14:22:
Italy has asked the International Monetary Fund to monitor its implementation of budget cuts and economic reforms, said European Commission President José Manuel Barroso.
Barroso: IMF to Monitor Italy
Italy has asked the International Monetary Fund to monitor its implementation of budget cuts and economic reforms, said European Commission President José Manuel Barroso.
2011-11-04 02:52:
The U.S. accused the Chinese of being the world's "most active and persistent" perpetrators of economic spying, an unusual move designed to spur stronger U.S. and international action to combat industrial espionage.
China Singled Out for Cyberspying
The U.S. accused the Chinese of being the world's "most active and persistent" perpetrators of economic spying, an unusual move designed to spur stronger U.S. and international action to combat industrial espionage.
2011-11-03 23:36:
The U.S. accused the Chinese of being the world's "most active and persistent" perpetrators of economic spying, an unusual move designed to spur stronger U.S. and international action to combat industrial espionage.
U.S. Blasts China for Economic Spying
The U.S. accused the Chinese of being the world's "most active and persistent" perpetrators of economic spying, an unusual move designed to spur stronger U.S. and international action to combat industrial espionage.
2011-11-03 23:01:
Retailers saw increased sales in October but not to the degree expected, raising questions about momentum going into the holiday season.
Tepid Retail Sales Fall Short
Retailers saw increased sales in October but not to the degree expected, raising questions about momentum going into the holiday season.
2011-11-03 18:39:
The U.S. accused the Chinese of being the world's "most active and persistent" perpetrators of economic spying, an unusual move designed to spur stronger U.S. and international action to combat industrial espionage.
U.S. Blasts China for Economic Espionage
The U.S. accused the Chinese of being the world's "most active and persistent" perpetrators of economic spying, an unusual move designed to spur stronger U.S. and international action to combat industrial espionage.
2011-11-03 16:18:
Retailers saw increased sales in October but not to the degree expected, raising questions about momentum going into the holiday season..
Retail Sales Shy of Hopes
Retailers saw increased sales in October but not to the degree expected, raising questions about momentum going into the holiday season..
2011-11-03 14:24:
The U.S. accused the Chinese of being the world's "most active and persistent" perpetrators of economic spying, an unusual move designed to spur stronger U.S. and international action to combat industrial espionage.
U.S. Cites Chinese, Russian Spying
The U.S. accused the Chinese of being the world's "most active and persistent" perpetrators of economic spying, an unusual move designed to spur stronger U.S. and international action to combat industrial espionage.
2011-11-03 14:17:
Retailers are turning in generally solid sales results for October, but there are enough shortfalls to raise questions about momentum going into the holiday season.
Retail Sales Show Strength
Retailers are turning in generally solid sales results for October, but there are enough shortfalls to raise questions about momentum going into the holiday season.
2011-11-03 04:17:
One hundred House members urged Congress's deficit-cutting supercommittee to trim the budget gap by $4 trillion over 10 years, with Republicans and Decmocrats signaling they'd be willing to compromise.
Lawmakers Prod Panel on Deficit Plan
One hundred House members urged Congress's deficit-cutting supercommittee to trim the budget gap by $4 trillion over 10 years, with Republicans and Decmocrats signaling they'd be willing to compromise.
2011-11-03 03:39:
Three years after the global financial crisis, and a year after a U.S. regulatory overhaul, the world economy remains vulnerable to hazards that nearly broke the banking system last time.
Market Strains Test Bernanke, Banks
Three years after the global financial crisis, and a year after a U.S. regulatory overhaul, the world economy remains vulnerable to hazards that nearly broke the banking system last time.
2011-11-03 01:50:
One hundred House members urged Congress's deficit-cutting supercommittee to trim the budget gap by $4 trillion over 10 years, with Republicans and Decmocrats signaling they'd be willing to compromise.
Lawmakers Prod Panel on Deficit Agreement
One hundred House members urged Congress's deficit-cutting supercommittee to trim the budget gap by $4 trillion over 10 years, with Republicans and Decmocrats signaling they'd be willing to compromise.
2011-11-03 00:36:
Federal Chairman Bernanke signaled the central bank is ready to do more to aid an economy that is expected to remain weak for many more years, but he was noncommittal on how and when the Fed might act.
Fed Lowers Its Jobs Forecast
Federal Chairman Bernanke signaled the central bank is ready to do more to aid an economy that is expected to remain weak for many more years, but he was noncommittal on how and when the Fed might act.
2011-11-03 00:18:
China's effort to make the yuan a global reserve currency has hit a snag: While American companies have poured into China, they have been slow to make use of the yuan.
U.S. Firms Pose Hurdle for Yuan
China's effort to make the yuan a global reserve currency has hit a snag: While American companies have poured into China, they have been slow to make use of the yuan.
2011-11-02 21:39:
Federal Chairman Bernanke signaled the central bank is ready to do more to aid an economy that is expected to remain weak for many more years, but he was noncommittal on how and when the Fed might act.
Fed Ready to Act as Weakness Persists
Federal Chairman Bernanke signaled the central bank is ready to do more to aid an economy that is expected to remain weak for many more years, but he was noncommittal on how and when the Fed might act.
2011-11-02 18:53:
Fed officials refrained from taking new steps as they expressed modest optimism about the recovery, though Chicago's Evans dissented in favor of more action.
Fed Shows Modest Optimism
Fed officials refrained from taking new steps as they expressed modest optimism about the recovery, though Chicago's Evans dissented in favor of more action.
2011-11-02 18:03:
Fed officials refrained from taking new steps as they expressed modest optimism about the recovery, though Chicago's Evans dissented in favor of more action.
Fed Expresses Modest Optimism
Fed officials refrained from taking new steps as they expressed modest optimism about the recovery, though Chicago's Evans dissented in favor of more action.
2011-11-02 16:40:
Consumer bankruptcy filings declined in October for the fourth-straight month as households cut their use of credit by choice and by force.
Personal-Bankruptcy Filings Fall
Consumer bankruptcy filings declined in October for the fourth-straight month as households cut their use of credit by choice and by force.
2011-11-02 13:44:
Private businesses added slightly more jobs than expected in October, according to a report by payroll firm ADP. Other job data also suggest some improvement in the labor markets.
ADP: Private Sector Adds 110,000 Jobs
Private businesses added slightly more jobs than expected in October, according to a report by payroll firm ADP. Other job data also suggest some improvement in the labor markets.
2011-11-02 01:20:
U.S. bank regulators launched a foreclosure-review process to compensate homeowners who were 'financially harmed' by robo-signing and other foreclosure-processing problems that surfaced in 2010.
Reviews Begin for Borrowers Disputing Foreclosures
U.S. bank regulators launched a foreclosure-review process to compensate homeowners who were 'financially harmed' by robo-signing and other foreclosure-processing problems that surfaced in 2010.
2011-11-02 01:12:
Federal Reserve officials are poised to downgrade their outlook for the U.S. economy, a shift that will play an important role in the debate about whether the Fed should do more to spur growth.
Fed Poised to Cut Growth Forecast
Federal Reserve officials are poised to downgrade their outlook for the U.S. economy, a shift that will play an important role in the debate about whether the Fed should do more to spur growth.
2011-11-02 00:30:
U.S. factory expansion slowed last month, but there are hints of a coming boost in production.
Factories Slow Pace but Orders Rise
U.S. factory expansion slowed last month, but there are hints of a coming boost in production.
2011-11-02 00:14:
Lawmakers from both parties are increasingly worried that Congress's deficit-cutting supercommittee will have trouble reaching a significant agreement in time to meet a rapidly approaching deadline.
Worry Builds for Deficit-Panel Deal
Lawmakers from both parties are increasingly worried that Congress's deficit-cutting supercommittee will have trouble reaching a significant agreement in time to meet a rapidly approaching deadline.
2011-11-01 23:39:
Reducing federal budget deficits by only $1.2 trillion over the next decade would merely delay a fiscal crisis in the U.S. and not avert it permanently, the co-chairmen of the deficit commission created by the White House last year told lawmakers Tuesday afternoon.
Bowles, Simpson Push for Deficit Deal
Reducing federal budget deficits by only $1.2 trillion over the next decade would merely delay a fiscal crisis in the U.S. and not avert it permanently, the co-chairmen of the deficit commission created by the White House last year told lawmakers Tuesday afternoon.
2011-11-01 21:43:
Reducing federal budget deficits by only $1.2 trillion over the next decade would merely delay a fiscal crisis in the U.S. and not avert it permanently, the co-chairmen of the deficit commission created by the White House last year told lawmakers Tuesday afternoon.
Bowles, Simpson Push for Big Deficit Deal
Reducing federal budget deficits by only $1.2 trillion over the next decade would merely delay a fiscal crisis in the U.S. and not avert it permanently, the co-chairmen of the deficit commission created by the White House last year told lawmakers Tuesday afternoon.
2011-11-01 21:05:
A deal to reduce federal budget deficits by $1.2 trillion over the next decade would merely delay a fiscal crisis, the co-chairmen of the deficit commission created by the White House last year plan to tell lawmakers.
Deficit Panel Heads to Seek Big Deal
A deal to reduce federal budget deficits by $1.2 trillion over the next decade would merely delay a fiscal crisis, the co-chairmen of the deficit commission created by the White House last year plan to tell lawmakers.
2011-11-01 20:10:
The U.K. economy grew more than expected in the third quarter as it rebounded from one-time disruptions earlier in the year, but the underlying picture remained fragile in a country now suffering its weakest recovery from recession since World War I.
U.K. Rebounds, But Slowdown Feared
The U.K. economy grew more than expected in the third quarter as it rebounded from one-time disruptions earlier in the year, but the underlying picture remained fragile in a country now suffering its weakest recovery from recession since World War I.
2011-11-01 18:10:
A deal to reduce federal budget deficits by $1.2 trillion over the next decade would merely delay a fiscal crisis, the co-chairmen of the deficit commission created by the White House last year plan to tell lawmakers.
Bowles, Simpson to Push for Big Deficit Deal
A deal to reduce federal budget deficits by $1.2 trillion over the next decade would merely delay a fiscal crisis, the co-chairmen of the deficit commission created by the White House last year plan to tell lawmakers.
2011-11-01 15:22:
The U.S. manufacturing sector barely expanded in October, according to data released by the Institute for Supply Management.
U.S. Factory Growth Slows
The U.S. manufacturing sector barely expanded in October, according to data released by the Institute for Supply Management.
2011-11-01 12:36:
The U.K. economy grew more than expected in the third quarter as it recovered from one-off disruptions earlier in the year, but the underlying picture remained fragile.
U.K. Economy Rebounds
The U.K. economy grew more than expected in the third quarter as it recovered from one-off disruptions earlier in the year, but the underlying picture remained fragile.
2011-11-01 09:03:
India's merchandise exports growth decelerated for the second straight month in September and may slow further as demand weakens amid the persisting global turmoil.
India Exports Growth Slows
India's merchandise exports growth decelerated for the second straight month in September and may slow further as demand weakens amid the persisting global turmoil.
2011-10-31 22:30:
European banks are trading at distressed valuations, despite what would normally be perceived to be strong fundamentals, some analysts say,
Too Much Distress Over Banks' Woes?
European banks are trading at distressed valuations, despite what would normally be perceived to be strong fundamentals, some analysts say,
2011-10-31 21:12:
European banks are trading at distressed valuations, despite what would normally be perceived to be strong fundamentals, some analysts say,
Too Much Distress Over Banks' Woes?
European banks are trading at distressed valuations, despite what would normally be perceived to be strong fundamentals, some analysts say,
2011-10-31 16:26:
The U.S. economy expanded at a slower pace in October despite a boost in employment, according to a survey of Chicago-area purchasing managers.
Chicago Survey Signals Slower Growth
The U.S. economy expanded at a slower pace in October despite a boost in employment, according to a survey of Chicago-area purchasing managers.
2011-10-31 14:59:
Germany's finance ministry said there won't be any impact on the country's next budget from a $78.5 billion accounting error at government-owned Hypo Real Estate and its bad bank.
Germany Plays Down Account Error
Germany's finance ministry said there won't be any impact on the country's next budget from a $78.5 billion accounting error at government-owned Hypo Real Estate and its bad bank.
2011-10-31 14:39:
Taiwan trimmed its economic-growth forecast for this year and next, after a dour global outlook weighed on Taiwan's exports in the third quarter.
Taiwan Trims Growth Forecast
Taiwan trimmed its economic-growth forecast for this year and next, after a dour global outlook weighed on Taiwan's exports in the third quarter.
2011-10-31 10:17:
Americans sustained a battering during the recession--and aren't feeling much relief in the two subsequent years of recovery.
Slow Recovery Feels Like Recession
Americans sustained a battering during the recession--and aren't feeling much relief in the two subsequent years of recovery.
2011-10-31 03:03:
The Japanese government launched a new foreign-exchange intervention, moving to cap a continued rise in the yen that is undermining the economy and dragging down the key export sector.
Japan Intervenes on Yen
The Japanese government launched a new foreign-exchange intervention, moving to cap a continued rise in the yen that is undermining the economy and dragging down the key export sector.
2011-10-31 02:18:
The stock market has surged even as forward earnings estimates fall. Typically, such declines would trigger a selloff as investors reassess the value of shares. Right now, though, the opposite is happening.
Earnings and Stocks: Is It Trick or Treat?
The stock market has surged even as forward earnings estimates fall. Typically, such declines would trigger a selloff as investors reassess the value of shares. Right now, though, the opposite is happening.
2011-10-31 01:42:
House lawmakers have proposed cutting some funding for the Census Bureau, which could imperil next year's economic census, a once-every-five-year snapshot of the economy.
Census Bureau Confronts Budget Ax
House lawmakers have proposed cutting some funding for the Census Bureau, which could imperil next year's economic census, a once-every-five-year snapshot of the economy.
2011-10-31 00:48:
Americans sustained a battering during the recession--and aren't feeling much relief in the two subsequent years of recovery.
Slow-Paced Recovery Feels Like a Recession
Americans sustained a battering during the recession--and aren't feeling much relief in the two subsequent years of recovery.
2011-10-29 18:55:
The nation's top housing-finance regulator pushed back against criticism that he isn't doing enough to help the troubled U.S. housing markets, saying that critics were asking him to do the bidding of Congress.
Housing Finance Regulator Defends Against Critics
The nation's top housing-finance regulator pushed back against criticism that he isn't doing enough to help the troubled U.S. housing markets, saying that critics were asking him to do the bidding of Congress.
2011-10-29 03:45:
South Korean President Lee Myung-bak said his economic priorities as he enters his final year in office are taming stubbornly high inflation and creating jobs.
Priorities of South Korea's Lee: Inflation, Jobs
South Korean President Lee Myung-bak said his economic priorities as he enters his final year in office are taming stubbornly high inflation and creating jobs.
2011-10-28 19:31:
Italy paid higher yields at its latest bond sale as investors focused on how Europe will implement its plan to address sovereign-debt problems.
Euphoria Wanes at Italian Bond Sale
Italy paid higher yields at its latest bond sale as investors focused on how Europe will implement its plan to address sovereign-debt problems.
2011-10-28 17:51:
Deficit-panel members are cooling to the idea of completing a comprehensive overhaul of the tax code by their November deadline, making it more likely the details of any major tax changes will be handled later.
Panel Cools to Tax-Code Revamp
Deficit-panel members are cooling to the idea of completing a comprehensive overhaul of the tax code by their November deadline, making it more likely the details of any major tax changes will be handled later.
2011-10-28 16:37:
The rejection by Democratic and Republican members of the deficit supercommittee of each others' opening offers may mark the beginning of an intensifying effort to determine whether taxes will be raised as part of a compromise.
Taxes Are Stumbling Block for Deficit Panel
The rejection by Democratic and Republican members of the deficit supercommittee of each others' opening offers may mark the beginning of an intensifying effort to determine whether taxes will be raised as part of a compromise.
2011-10-28 16:33:
The Organization of the Petroleum Exporting Countries is unlikely to make any major decisions to change its oil production levels at its next meeting in December, Qatar's minister of energy and industry said.
OPEC Unlikely to Make Big Supply Changes
The Organization of the Petroleum Exporting Countries is unlikely to make any major decisions to change its oil production levels at its next meeting in December, Qatar's minister of energy and industry said.
2011-10-28 15:20:
French consumer spending fell unexpectedly in September, underscoring the difficult challenge in sustaining growth while cutting deficits to keep its triple-A credit rating.
French Consumer Spending Falls
French consumer spending fell unexpectedly in September, underscoring the difficult challenge in sustaining growth while cutting deficits to keep its triple-A credit rating.
2011-10-28 14:37:
Americans dug deeper into their savings last month to propel consumer spending amid weak wage gains. Expenditures climbed 0.6%, while income was up only 0.1%.
Consumer Spending Gains Outpace Income
Americans dug deeper into their savings last month to propel consumer spending amid weak wage gains. Expenditures climbed 0.6%, while income was up only 0.1%.
2011-10-28 14:14:
South Korean President Lee Myung-bak said his economic priorities as he enters his final year in office are taming stubbornly high inflation and creating jobs.
South Korea's Lee Outlines Economic Priorities
South Korean President Lee Myung-bak said his economic priorities as he enters his final year in office are taming stubbornly high inflation and creating jobs.
2011-10-28 14:10:
High prices of essential items are damping crucial festival sales for India's top organized retailers as shoppers have been left with a smaller kitty for the annual splurge on lifestyle products.
Inflation Damps India Festival Sales
High prices of essential items are damping crucial festival sales for India's top organized retailers as shoppers have been left with a smaller kitty for the annual splurge on lifestyle products.
2011-10-28 03:41:
The deal euro-zone leaders hammered out sparked a world-wide stock rally. But the market moves belied widespread caution about the accord among economists and analysts?and even some of the decision-makers in the debt crisis.
Next Act---Europe Plan Is Put to Test
The deal euro-zone leaders hammered out sparked a world-wide stock rally. But the market moves belied widespread caution about the accord among economists and analysts?and even some of the decision-makers in the debt crisis.
2011-10-28 01:53:
A vast market in which banks, hedge funds and investors trade insurance against debt defaults got a jolt Thursday, sparking worries of new strains in the global financial system.
Default Insurance Market Takes Hit
A vast market in which banks, hedge funds and investors trade insurance against debt defaults got a jolt Thursday, sparking worries of new strains in the global financial system.
2011-10-28 01:02:
The economy grew 2.5% in the third quarter, a quick enough pace to blunt fears that the U.S. is about to plunge into recession again but not fast enough to signal that the halting recovery is about to get on a roll.
Recession Fears Recede as Economy Grows 2.5%
The economy grew 2.5% in the third quarter, a quick enough pace to blunt fears that the U.S. is about to plunge into recession again but not fast enough to signal that the halting recovery is about to get on a roll.
2011-10-28 00:40:
The rejection by Democratic and Republican members of the deficit-reduction supercommittee of each others' opening offers may mark the beginning, not the end, of an intensifying effort to determine whether taxes will be raised as part of a compromise.
Taxes Remain Stumbling Block for Deficit Panel
The rejection by Democratic and Republican members of the deficit-reduction supercommittee of each others' opening offers may mark the beginning, not the end, of an intensifying effort to determine whether taxes will be raised as part of a compromise.
2011-10-27 20:38:
The U.S. saw its strongest growth of the year in the third quarter, as businesses boosted investment, Americans raised spending and exports grew.
U.S. Consumers, Businesses Boost Growth
The U.S. saw its strongest growth of the year in the third quarter, as businesses boosted investment, Americans raised spending and exports grew.
2011-10-27 19:40:
The latest attempt to share the burden on Greece's debt goes a lot further than the first, with a 50% reduction in the face value of private investors' bond holdings. But Greece will remain heavily indebted.
Greece's Haircut May Not Go Far Enough
The latest attempt to share the burden on Greece's debt goes a lot further than the first, with a 50% reduction in the face value of private investors' bond holdings. But Greece will remain heavily indebted.
2011-10-27 19:03:
The U.S. saw its strongest growth of the year in the third quarter, as businesses boosted investment, Americans raised spending and exports grew.
Consumers, Businesses Boost Growth
The U.S. saw its strongest growth of the year in the third quarter, as businesses boosted investment, Americans raised spending and exports grew.
2011-10-27 16:31:
A federal regulator revised the government's likely tab for bailing out Fannie Mae and Freddie Mac to $124 billion through 2014, an improvement over last year's estimate.
Fannie, Freddie Bailout Costs Revised Lower
A federal regulator revised the government's likely tab for bailing out Fannie Mae and Freddie Mac to $124 billion through 2014, an improvement over last year's estimate.
2011-10-27 16:05:
Well, it's a plan. That alone will come as a relief to markets given how low expectations had fallen. But it falls far short of the "comprehensive plan" that euro-zone leaders had promised and investors had been demanding.
Europe's Not-So-Grand Plan
Well, it's a plan. That alone will come as a relief to markets given how low expectations had fallen. But it falls far short of the "comprehensive plan" that euro-zone leaders had promised and investors had been demanding.
2011-10-27 15:57:
Spain said its austerity measures are paying off, announcing its central budget deficit had declined by 17% over the first nine months of the year.
Spanish Budget Deficit Falls 17%
Spain said its austerity measures are paying off, announcing its central budget deficit had declined by 17% over the first nine months of the year.
2011-10-27 15:41:
The head of the euro zone's bailout fund was heading to China and Japan to seek investment, but both Asian powerhouses have made clear that while they are willing to help Europe, they will invest on their own terms.
Europe Turns to Asia for Help With Bailout
The head of the euro zone's bailout fund was heading to China and Japan to seek investment, but both Asian powerhouses have made clear that while they are willing to help Europe, they will invest on their own terms.
2011-10-27 13:55:
Food inflation in India in the week to Oct. 15 accelerated to a more-than six-month high, evidence that sticky pricing pressure in the country continues to show little sign of easing despite 13 interest-rate rises since March 2010.
India Food Inflation Rises
Food inflation in India in the week to Oct. 15 accelerated to a more-than six-month high, evidence that sticky pricing pressure in the country continues to show little sign of easing despite 13 interest-rate rises since March 2010.
2011-10-27 13:30:
The chief executive of Malaysia's CIMB Group said the country's central bank has the pace of liberalization of the banking sector correct.
CIMB Chief Lauds Malaysia Central Bank
The chief executive of Malaysia's CIMB Group said the country's central bank has the pace of liberalization of the banking sector correct.
2011-10-27 04:13:
Republicans and Democrats on the congressional supercommittee swapped ambitious plans to reduce the federal deficit but remained at odds over taxes, Medicare and Medicaid.
Parties Trade Deficit Plans
Republicans and Democrats on the congressional supercommittee swapped ambitious plans to reduce the federal deficit but remained at odds over taxes, Medicare and Medicaid.
2011-10-27 02:15:
Orders for big-ticket goods fell in September as a sharp slump in demand for airplanes offset strength in a wide variety of other industries. Separately, new-home sales increased.
Business Orders, Home Sales Tick Up
Orders for big-ticket goods fell in September as a sharp slump in demand for airplanes offset strength in a wide variety of other industries. Separately, new-home sales increased.
2011-10-27 02:08:
Democrats on the deficit panel proposed a plan that would reduce federal deficits by up to $3 trillion over 10 years by cutting benefit programs like Medicare and Medicaid and boosting revenue from tax-code changes. But GOP members promptly rejected the idea.
Taxes Sink a Deficit Proposal
Democrats on the deficit panel proposed a plan that would reduce federal deficits by up to $3 trillion over 10 years by cutting benefit programs like Medicare and Medicaid and boosting revenue from tax-code changes. But GOP members promptly rejected the idea.
2011-10-27 01:57:
J.P. Morgan Chase and other big banks are facing rising tensions with regulators regarding how much capital is necessary at a time of economic weakness.
Fed Ties Purse Strings of Banks
J.P. Morgan Chase and other big banks are facing rising tensions with regulators regarding how much capital is necessary at a time of economic weakness.
2011-10-27 00:29:
States beset by budget travails and high national unemployment notched a double-digit rise in tax revenue in the second quarter, thanks in part to recession-era tax increases and the slowly recovering economy.
State Tax Haul Jumps 10.8%
States beset by budget travails and high national unemployment notched a double-digit rise in tax revenue in the second quarter, thanks in part to recession-era tax increases and the slowly recovering economy.
2011-10-27 00:10:
Alen Mattich: Unless the European Central Bank throws the might of its printing presses into the mix, a move that could buy Europe's politicians time to create the next medium-term eurofudge, the latest summit is likely to prove a failure.
Hopes Hang on ECB
Alen Mattich: Unless the European Central Bank throws the might of its printing presses into the mix, a move that could buy Europe's politicians time to create the next medium-term eurofudge, the latest summit is likely to prove a failure.
2011-10-26 23:09:
The European Central Bank will release details of its latest covered-bond buying program next week, although analysts have pointed out that the real solution to bank financing needs lies in addressing the sovereign-debt crisis.
ECB to Bolster Funding for Banks
The European Central Bank will release details of its latest covered-bond buying program next week, although analysts have pointed out that the real solution to bank financing needs lies in addressing the sovereign-debt crisis.
2011-10-26 15:33:
Orders for big-ticket goods fell in September as a sharp slump in demand for airplanes offset strength in a wide variety of other industries.
Aircraft Push Durables Orders Lower
Orders for big-ticket goods fell in September as a sharp slump in demand for airplanes offset strength in a wide variety of other industries.
2011-10-26 14:36:
Orders for big-ticket goods fell in September as a sharp slump in demand for airplanes offset strength in a wide variety of other industries.
Aircraft Push Durable-Goods Orders Lower
Orders for big-ticket goods fell in September as a sharp slump in demand for airplanes offset strength in a wide variety of other industries.
2011-10-26 12:56:
Inflation risk has eased substantially across the commodity-rich Australian economy, possibly leading to a central bank decision to cut rates next week.
Door Swings Wide Open to Australian Rate Cut
Inflation risk has eased substantially across the commodity-rich Australian economy, possibly leading to a central bank decision to cut rates next week.
2011-10-26 02:37:
CIT CEO John Thain and other executives struck an upbeat tone on commercial-loan demand despite reporting a third-quarter loss, saying the U.S. economy doesn't appear to be headed toward a double-dip recession.
CIT Is Upbeat on the Economy
CIT CEO John Thain and other executives struck an upbeat tone on commercial-loan demand despite reporting a third-quarter loss, saying the U.S. economy doesn't appear to be headed toward a double-dip recession.
2011-10-26 02:09:
The U.S. Agriculture Department on Tuesday said it expects retail food prices to increase 3.5% to 4.5% this year, after climbing just 0.8% in 2010.
Prices Rising, for Better and Worse
The U.S. Agriculture Department on Tuesday said it expects retail food prices to increase 3.5% to 4.5% this year, after climbing just 0.8% in 2010.
2011-10-26 02:08:
U.S. home prices inched 0.2% higher in August but declined 3.8% on an annual basis, according to a closely watched index.
Home Prices Show Sector Still Ailing
U.S. home prices inched 0.2% higher in August but declined 3.8% on an annual basis, according to a closely watched index.
2011-10-26 01:12:
U.S. home prices inched 0.2% higher in August but declined 3.8% on an annual basis, according to a closely watched index.
'Glimmer of Hope' in Home Data
U.S. home prices inched 0.2% higher in August but declined 3.8% on an annual basis, according to a closely watched index.
2011-10-26 00:56:
The U.S. Agriculture Department on Tuesday said it expects retail food prices to increase 3.5% to 4.5% this year, after climbing just 0.8% in 2010.
Surge in Food Inflation Hits Both Consumers and Retailers
The U.S. Agriculture Department on Tuesday said it expects retail food prices to increase 3.5% to 4.5% this year, after climbing just 0.8% in 2010.
2011-10-25 22:51:
U.S. home prices inched 0.2% higher in August but declined 3.8% on an annual basis, according to a closely watched index.
Little Hope for Home Prices
U.S. home prices inched 0.2% higher in August but declined 3.8% on an annual basis, according to a closely watched index.
2011-10-25 19:37:
The Bank of Canada held its benchmark overnight rate steady at 1%, slashed Canada's 2011 and 2012 growth forecasts, lowered inflation views, and predicted a brief recession in the euro-zone.
Bank of Canada Holds Rates Steady
The Bank of Canada held its benchmark overnight rate steady at 1%, slashed Canada's 2011 and 2012 growth forecasts, lowered inflation views, and predicted a brief recession in the euro-zone.
2011-10-25 18:00:
Food prices are expected to climb as much as 4.5% in 2011 as higher commodity costs continue to filter down to consumers, the U.S. government said.
USDA Raises Food-Price Forecast
Food prices are expected to climb as much as 4.5% in 2011 as higher commodity costs continue to filter down to consumers, the U.S. government said.
2011-10-25 16:54:
The Bank of Canada held its benchmark overnight rate steady, slashed its 2011 and 2012 growth forecasts, lowered inflation views, and predicted a brief recession in the euro-zone.
Bank of Canada Slashes Growth Forecasts
The Bank of Canada held its benchmark overnight rate steady, slashed its 2011 and 2012 growth forecasts, lowered inflation views, and predicted a brief recession in the euro-zone.
2011-10-25 16:40:
The mood among U.S. consumers turned decidedly darker this month with confidence back to recessionary levels. Separately, U.S. home prices were mostly flat in August.
Consumer Confidence Tumbles
The mood among U.S. consumers turned decidedly darker this month with confidence back to recessionary levels. Separately, U.S. home prices were mostly flat in August.
2011-10-25 16:14:
India's central bank raised its key lending rate by 0.25 percentage point, but said it is unlikely to increase the rate again at its December meeting as inflation should be easing by then.
RBI Raises Key Rate, Softens Policy Outlook
India's central bank raised its key lending rate by 0.25 percentage point, but said it is unlikely to increase the rate again at its December meeting as inflation should be easing by then.
2011-10-25 12:46:
Obama went where his rivals have so far refused to go. He said Washington should help Americans refinance mortgages at lower rates.
Housing Plan Shows Sharp Political Split
Obama went where his rivals have so far refused to go. He said Washington should help Americans refinance mortgages at lower rates.
2011-10-25 02:08:
Obama went where his Republican White House rivals have so far refused to go. He asserted that Washington should help Americans refinance their mortgages at lower rates.
Housing Plan Highlights Sharp Political Split
Obama went where his Republican White House rivals have so far refused to go. He asserted that Washington should help Americans refinance their mortgages at lower rates.
2011-10-25 01:50:
The federal government's revamped mortgage-refinancing program could allow more than a million borrowers to take advantage of falling interest rates, even if the value of their homes has plummeted.
Obama Expands Mortgage Aid
The federal government's revamped mortgage-refinancing program could allow more than a million borrowers to take advantage of falling interest rates, even if the value of their homes has plummeted.
2011-10-25 01:41:
A top Federal Reserve official suggested the central bank could take further actions to boost economic growth, including more securities purchases.
Fed Official Backs New Growth Push
A top Federal Reserve official suggested the central bank could take further actions to boost economic growth, including more securities purchases.
2011-10-25 00:51:
Kelly Evans writes that the steel market is still awaiting its second-half blastoff.
High Fixed Costs Are Makings of Steel Trap
Kelly Evans writes that the steel market is still awaiting its second-half blastoff.
2011-10-24 18:41:
Turkey's central bank said it will unveil this week a package to support the lira, marking the latest step in an increasingly aggressive effort to shore up the embattled currency.
Turkey's Central Bank to Unveil Plans to Boost Lira
Turkey's central bank said it will unveil this week a package to support the lira, marking the latest step in an increasingly aggressive effort to shore up the embattled currency.
2011-10-24 13:23:
The preliminary HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, rebounded strongly in October, showing expansion for the first time since June.
China Manufacturing Index Rebounds
The preliminary HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, rebounded strongly in October, showing expansion for the first time since June.
2011-10-24 01:16:
Analysts have been raising their estimates of U.S. economic growth, an about-face from just a month ago, when they were lowering those forecasts and fretting that the country was on the cusp of recession.
Glimmers in Data Brighten Economic Views
Analysts have been raising their estimates of U.S. economic growth, an about-face from just a month ago, when they were lowering those forecasts and fretting that the country was on the cusp of recession.
2011-10-24 00:49:
New England states are launching initiatives to keep their young college graduates from leaving, amid census data that show the region's population is aging.
New England's Youth Pitch
New England states are launching initiatives to keep their young college graduates from leaving, amid census data that show the region's population is aging.
2011-10-22 15:35:
Financially sound individuals and families are important to the overall stability and growth of the U.S. economy, Federal Reserve Governor Elizabeth Duke said Saturday.
Fed Governor: Family Finances Key to Economic Recovery
Financially sound individuals and families are important to the overall stability and growth of the U.S. economy, Federal Reserve Governor Elizabeth Duke said Saturday.
2011-10-22 04:50:
Household thrift sparked by the financial crisis three years ago has proved surprisingly persistent and is a key reason the recovery that began in 2009 has been so weak.
Americans' Debt Cutting Hampers Growth
Household thrift sparked by the financial crisis three years ago has proved surprisingly persistent and is a key reason the recovery that began in 2009 has been so weak.
2011-10-22 03:08:
The boom that has made the farm belt one of the strongest economies in the U.S. still has plenty of momentum, but the ride is getting bumpy.
Farmers Sense End of Big Boom
The boom that has made the farm belt one of the strongest economies in the U.S. still has plenty of momentum, but the ride is getting bumpy.
2011-10-22 02:28:
The world's hopes that Europe will resolve its debt crisis in a bold stroke are running into a stubborn reality: Solutions that work on paper are often unattainable in a euro zone of 17 sovereign countries.
Europe's Options: Few, and Shrinking
The world's hopes that Europe will resolve its debt crisis in a bold stroke are running into a stubborn reality: Solutions that work on paper are often unattainable in a euro zone of 17 sovereign countries.
2011-10-22 01:47:
The once-stable incomes of America's biggest earners now fluctuate dramatically from year to year. And as go the rich, so goes much of the economy.
The Wild Ride of the 1%
The once-stable incomes of America's biggest earners now fluctuate dramatically from year to year. And as go the rich, so goes much of the economy.
2011-10-22 00:14:
The Federal Reserve's second-ranking official offered a gloomy assessment of the economy and fresh new hints that the central bank could be moving toward another attempt to revive the economy through securities purchases.
Fed Official Hints at New Effort on Economy
The Federal Reserve's second-ranking official offered a gloomy assessment of the economy and fresh new hints that the central bank could be moving toward another attempt to revive the economy through securities purchases.
2011-10-21 23:17:
Senate Democratic leaders unveiled a bill that would invest $50 billion in the country's infrastructure and a further $10 billion in start-up capital for an infrastructure bank.
Democrats Push Next Piece of Jobs Bill
Senate Democratic leaders unveiled a bill that would invest $50 billion in the country's infrastructure and a further $10 billion in start-up capital for an infrastructure bank.
2011-10-21 23:06:
The Federal Reserve's second-ranking official offered a gloomy assessment of the economy and fresh new hints that the central bank could be moving toward another attempt to revive the economy through securities purchases.
Fed Official Hints at Effort to Boost Economy
The Federal Reserve's second-ranking official offered a gloomy assessment of the economy and fresh new hints that the central bank could be moving toward another attempt to revive the economy through securities purchases.
2011-10-21 17:57:
A Stockton, Calif., redevelopment agency acknowledged that it is struggling to keep current on $87.7 million of debt it sold in 2006, the latest problem for a city hit hard by the real-estate bust.
Calif. City Issues Warning on Bonds
A Stockton, Calif., redevelopment agency acknowledged that it is struggling to keep current on $87.7 million of debt it sold in 2006, the latest problem for a city hit hard by the real-estate bust.
2011-10-21 11:11:
Consumer prices in Malaysia rose 3.4% in September from a year earlier, mainly due to costlier food and nonalcoholic beverages.
Prices Rise Faster Than Expected in Malaysia
Consumer prices in Malaysia rose 3.4% in September from a year earlier, mainly due to costlier food and nonalcoholic beverages.
2011-10-21 05:57:
The Senate blocked a proposal to send $35 billion to states to retain or rehire teachers and other public sector workers.
Senate Blocks Funds for State Workers
The Senate blocked a proposal to send $35 billion to states to retain or rehire teachers and other public sector workers.
2011-10-21 05:12:
Republican presidential candidate Herman Cain's "9-9-9" tax plan and rival Rick Perry's flat-tax proposal would move the U.S. tax code significantly toward taxing consumption more and income less.
Flat Tax Seen as Savings Booster
Republican presidential candidate Herman Cain's "9-9-9" tax plan and rival Rick Perry's flat-tax proposal would move the U.S. tax code significantly toward taxing consumption more and income less.
2011-10-21 03:20:
Federal Reserve officials are starting to build a case for a new program of buying mortgage-backed securities to boost the ailing economy, though they appear unlikely to move swiftly.
Fed Is Poised for More Easing
Federal Reserve officials are starting to build a case for a new program of buying mortgage-backed securities to boost the ailing economy, though they appear unlikely to move swiftly.
2011-10-21 03:13:
Greek lawmakers narrowly passed a package of austerity measures Thursday, as second day of strikes and violent protests over the package convulsed the country and further weakened the ruling Socialist party.
Greece Approves Cuts Amid Violent Protests
Greek lawmakers narrowly passed a package of austerity measures Thursday, as second day of strikes and violent protests over the package convulsed the country and further weakened the ruling Socialist party.
2011-10-21 03:06:
Stocks are up 5.8% this month, while Treasurys have taken a rare beating. Some in the market suspect the force behind the moves is Operation Twist?a surprise to many who were skeptical when the program was announced.
Could 'Twist' Really Be Working?
Stocks are up 5.8% this month, while Treasurys have taken a rare beating. Some in the market suspect the force behind the moves is Operation Twist?a surprise to many who were skeptical when the program was announced.
2011-10-21 01:51:
Sales of previously owned homes slipped in September, while a Labor Department report hinted at modest growth in the job market.
Housing Lift Proves Fleeting
Sales of previously owned homes slipped in September, while a Labor Department report hinted at modest growth in the job market.
2011-10-21 01:17:
Senate and House leaders are becoming more directly involved with the supercommittee responsible for delivering a sizable deficit-reduction plan by Thanksgiving, amid growing concern the panel's members could be deadlocked.
Top Lawmakers Prod Debt Panel
Senate and House leaders are becoming more directly involved with the supercommittee responsible for delivering a sizable deficit-reduction plan by Thanksgiving, amid growing concern the panel's members could be deadlocked.
2011-10-21 00:50:
Sales of previously owned homes slipped in September, while a Labor Department report hinted at modest growth in the job market.
Uncertainty Hits Home Sales
Sales of previously owned homes slipped in September, while a Labor Department report hinted at modest growth in the job market.
2011-10-20 23:33:
The euro-zone debt crisis is spilling over to emerging-market banks, signaling new risks for economies that had largely brushed off European troubles for the past two years, an industry survey found.
Euro-Zone Crisis Hurts Banks in Emerging Markets
The euro-zone debt crisis is spilling over to emerging-market banks, signaling new risks for economies that had largely brushed off European troubles for the past two years, an industry survey found.
2011-10-20 15:01:
Singapore faces slower growth over the next decade amid heightened global uncertainty, as the government adjusts domestic policy to address rising socio-economic tensions in the island nation.
Singapore Warns of Slower Economic Growth
Singapore faces slower growth over the next decade amid heightened global uncertainty, as the government adjusts domestic policy to address rising socio-economic tensions in the island nation.
2011-10-20 14:36:
New claims for unemployment benefits moved down slightly last week but remained elevated above 400,000, indicating the labor market still is weak.
Jobless Claims Flat
New claims for unemployment benefits moved down slightly last week but remained elevated above 400,000, indicating the labor market still is weak.
2011-10-20 12:55:
Japan's central bank is expected to release a forecast indicating the economy will remain in deflation for the next two years, making it more likely it will stick to its ultra-easy monetary policy until spring 2014.
Japan Likely to Stick to Easy Monetary Policy
Japan's central bank is expected to release a forecast indicating the economy will remain in deflation for the next two years, making it more likely it will stick to its ultra-easy monetary policy until spring 2014.
2011-10-20 10:46:
U.K. retail sales rose more than expected in September, but the underlying picture in the sector remains weak as Britons are squeezed by elevated inflation, stagnant wage growth and rising unemployment, official data showed.
U.K. Retail Sales Rise
U.K. retail sales rose more than expected in September, but the underlying picture in the sector remains weak as Britons are squeezed by elevated inflation, stagnant wage growth and rising unemployment, official data showed.
2011-10-20 03:52:
Washington, D.C., nosed out San Jose, Calif., as the nation's highest-income metropolitan region, census data for 2010 show.
D.C. Region Is Tops in Income
Washington, D.C., nosed out San Jose, Calif., as the nation's highest-income metropolitan region, census data for 2010 show.
2011-10-20 03:50:
The world is headed for a "dire future" where high energy prices drag on economic growth and global temperatures rise dangerously, unless significant innovations are made to lower the cost of clean energy and carbon-capture technology, the International Energy Agency said.
Rising Use of Coal Prompts Warning
The world is headed for a "dire future" where high energy prices drag on economic growth and global temperatures rise dangerously, unless significant innovations are made to lower the cost of clean energy and carbon-capture technology, the International Energy Agency said.
2011-10-20 03:27:
A Fed official said the central bank should consider purchasing more securities, including mortgage-backed securities, to boost the economy if it weakens. Meanwhile, the U.S. economy picked up a little in recent weeks as consumers spent more, the Fed's 'beige book' said.
Fed Official Discusses Securities Purchases
A Fed official said the central bank should consider purchasing more securities, including mortgage-backed securities, to boost the economy if it weakens. Meanwhile, the U.S. economy picked up a little in recent weeks as consumers spent more, the Fed's 'beige book' said.
2011-10-20 02:32:
Doubts grew about the effectiveness of a key proposal for stemming Europe's deepening debt crisis as it emerged that officials have ruled out a plan for the euro-zone's bailout fund to directly guarantee bond issues.
Doubts Grow on Euro Fund
Doubts grew about the effectiveness of a key proposal for stemming Europe's deepening debt crisis as it emerged that officials have ruled out a plan for the euro-zone's bailout fund to directly guarantee bond issues.
2011-10-20 01:21:
The Fed said it would take small steps in response to a government watchdog's report saying the 12 regional Fed banks' boards needed to better manage potential or actual conflicts of interest.
Fed to Fix Flaws at Regional Boards
The Fed said it would take small steps in response to a government watchdog's report saying the 12 regional Fed banks' boards needed to better manage potential or actual conflicts of interest.
2011-10-20 00:18:
The U.S. economy picked up a little in recent weeks as consumers spent more, but the jobs market remained weak and companies stayed cautious, a Federal Reserve report said.
Economy Perks Up a Little, Fed Says
The U.S. economy picked up a little in recent weeks as consumers spent more, but the jobs market remained weak and companies stayed cautious, a Federal Reserve report said.
2011-10-19 23:07:
If there's so much slack in the economy, why are prices rising?
Prices Climb, Despite Economic Slack
If there's so much slack in the economy, why are prices rising?
2011-10-19 22:13:
The Federal Reserve faces a risk to its credibility because of the banking industry's role in choosing board members at the 12 regional Fed banks, a congressional watchdog said.
Fed's Bank Ties Scrutinized
The Federal Reserve faces a risk to its credibility because of the banking industry's role in choosing board members at the 12 regional Fed banks, a congressional watchdog said.
2011-10-19 20:26:
The economy picked up a little in September and early this month as Americans spent more, but the jobs market showed little improvement, suggesting a continued slow pace of growth ahead, the Fed's beige book said.
Economy Shows Modest Growth
The economy picked up a little in September and early this month as Americans spent more, but the jobs market showed little improvement, suggesting a continued slow pace of growth ahead, the Fed's beige book said.
2011-10-19 19:06:
The Federal Reserve faces a risk to its credibility because of the banking industry's role in choosing board members at the 12 regional Fed banks, a congressional watchdog said.
Fed Risks Credibility Over Bank Ties, Report Says
The Federal Reserve faces a risk to its credibility because of the banking industry's role in choosing board members at the 12 regional Fed banks, a congressional watchdog said.
2011-10-19 18:12:
The cost of living in the U.S. kept rising in September, led by continued increases in food and energy prices, posing another challenge for Americans struggling with a weak job market.
Cost of Living Keeps Growing
The cost of living in the U.S. kept rising in September, led by continued increases in food and energy prices, posing another challenge for Americans struggling with a weak job market.
2011-10-19 17:34:
A growing number of Swiss businesses have shut down production facilities and laid off staff over the past few weeks as the continued strength of the franc takes its toll, prompting fresh calls for another decisive currency intervention by the Swiss National Bank.
Strong Franc Hurts Swiss Business
A growing number of Swiss businesses have shut down production facilities and laid off staff over the past few weeks as the continued strength of the franc takes its toll, prompting fresh calls for another decisive currency intervention by the Swiss National Bank.
2011-10-19 16:51:
Policy makers on the Bank of England's Monetary Policy Committee unanimously supported an extension of the central bank's stimulus program in October.
BOE United on Stimulus
Policy makers on the Bank of England's Monetary Policy Committee unanimously supported an extension of the central bank's stimulus program in October.
2011-10-19 15:40:
Hong Kong Chief Executive Donald Tsang said in an interview Wednesday he sees "high likelihood" of a global recession and says the financial turmoil will likely slow the pace of appreciation in the Chinese currency.
Hong Kong Chief: New Recession Likely
Hong Kong Chief Executive Donald Tsang said in an interview Wednesday he sees "high likelihood" of a global recession and says the financial turmoil will likely slow the pace of appreciation in the Chinese currency.
2011-10-19 14:30:
The world is headed for a "dire future" where high energy prices drag on economic growth and global average temperatures rise by more than 3.5 Celsius, unless there are significant innovations to lower the cost of clean energy and carbon-capture technology, the International Energy Agency said.
IEA Predicts 'Dire Future'
The world is headed for a "dire future" where high energy prices drag on economic growth and global average temperatures rise by more than 3.5 Celsius, unless there are significant innovations to lower the cost of clean energy and carbon-capture technology, the International Energy Agency said.
2011-10-19 14:00:
India is facing an uphill challenge to limit its fiscal deficit within its target as global uncertainties are hurting economic growth, but the government will make "strenuous attempts" to keep it around the estimate, Finance Minister Pranab Mukherjee said.
India Flags Risks to Meeting Deficit Aim
India is facing an uphill challenge to limit its fiscal deficit within its target as global uncertainties are hurting economic growth, but the government will make "strenuous attempts" to keep it around the estimate, Finance Minister Pranab Mukherjee said.
2011-10-19 13:40:
The economy of sub-Saharan Africa will grow by 5% on average this year and 5.75% in 2012, though fallout from global financial volatility poses serious risks, the International Monetary Fund said.
IMF Sees Strong Growth in Africa
The economy of sub-Saharan Africa will grow by 5% on average this year and 5.75% in 2012, though fallout from global financial volatility poses serious risks, the International Monetary Fund said.
2011-10-19 12:40:
Hong Kong Chief Executive Donald Tsang said Wednesday he sees "high likelihood" of a global recession and says the financial turmoil will likely slow the pace of appreciation in the Chinese currency.
Hong Kong Chief: Another Recession Likely
Hong Kong Chief Executive Donald Tsang said Wednesday he sees "high likelihood" of a global recession and says the financial turmoil will likely slow the pace of appreciation in the Chinese currency.
2011-10-19 11:27:
The euro zone's current-account deficit narrowed in August as deficits for current transfers and income were partially offset by surpluses for services and goods, European Central Bank data showed.
Euro Zone Account Deficit Shrinks
The euro zone's current-account deficit narrowed in August as deficits for current transfers and income were partially offset by surpluses for services and goods, European Central Bank data showed.
2011-10-19 11:01:
Policy makers on the Bank of England's Monetary Policy Committee unanimously supported an extension of the central bank's stimulus program in October, minutes from the MPC's October policy meeting showed.
Bank of England United on Stimulus
Policy makers on the Bank of England's Monetary Policy Committee unanimously supported an extension of the central bank's stimulus program in October, minutes from the MPC's October policy meeting showed.
2011-10-19 11:00:
The euro zone's current-account deficit narrowed in August as deficits for current transfers and income were partially offset by surpluses for services and goods, European Central Bank data showed.
Euro Zone's Current-Account Deficit Shrinks
The euro zone's current-account deficit narrowed in August as deficits for current transfers and income were partially offset by surpluses for services and goods, European Central Bank data showed.
2011-10-19 05:13:
The Republican presidential candidate's "9-9-9" tax plan would boost taxes paid by moderate- and low-income households while cutting taxes for upper-income earners, according to a study released Tuesday by a nonpartisan think tank.
Study Puts Cain Tax Plan Under Microscope
The Republican presidential candidate's "9-9-9" tax plan would boost taxes paid by moderate- and low-income households while cutting taxes for upper-income earners, according to a study released Tuesday by a nonpartisan think tank.
2011-10-19 04:07:
U.S. wholesale prices rose sharply last month on the back of higher costs for gasoline, food and household detergents, pointing to continued inflation pressures in the production pipeline.
Wholesale Prices Make Sharp Climb
U.S. wholesale prices rose sharply last month on the back of higher costs for gasoline, food and household detergents, pointing to continued inflation pressures in the production pipeline.
2011-10-19 01:16:
Spain was hit by a double whammy when Moody's downgraded the country's government-bond rating, citing fading growth prospects, and the government said housing prices fell further in the third quarter, a concern for embattled banks.
Spain Hit by Downgrade, Falling Home Prices
Spain was hit by a double whammy when Moody's downgraded the country's government-bond rating, citing fading growth prospects, and the government said housing prices fell further in the third quarter, a concern for embattled banks.
2011-10-19 01:04:
High gasoline prices have tugged at household budgets this year, but relief from energy costs might arrive, surprisingly, when temperatures start to tumble this winter.
Heating Costs Look to Cool
High gasoline prices have tugged at household budgets this year, but relief from energy costs might arrive, surprisingly, when temperatures start to tumble this winter.
2011-10-18 22:41:
France's ability to support troubled euro-zone countries was challenged, and Moody's Investors Service said the stable outlook on its prized triple-A credit rating was under pressure.
France Faces Ratings Heat
France's ability to support troubled euro-zone countries was challenged, and Moody's Investors Service said the stable outlook on its prized triple-A credit rating was under pressure.
2011-10-18 21:12:
Foreign companies cut back sharply on new investments in the euro zone's two largest economies in the first six months of 2011, deterred by the currency area's fiscal and banking crises, according to figures released by a United Nations agency.
Germany, France See Investment Slowdown
Foreign companies cut back sharply on new investments in the euro zone's two largest economies in the first six months of 2011, deterred by the currency area's fiscal and banking crises, according to figures released by a United Nations agency.
2011-10-18 19:20:
Lessons learned during the financial crisis suggest the Fed will need to revise, but not abandon, how it approaches monetary policy in the future, Bernanke said in a speech.
Bernanke Details Evolution of Fed Policy
Lessons learned during the financial crisis suggest the Fed will need to revise, but not abandon, how it approaches monetary policy in the future, Bernanke said in a speech.
2011-10-18 18:58:
Standard and Poor's Ratings Service cut the ratings on three key Italian banks as part of a broad sector downgrade, reflecting last month's lowering of the country's sovereign rating.
S&P Downgrades Italian Banks
Standard and Poor's Ratings Service cut the ratings on three key Italian banks as part of a broad sector downgrade, reflecting last month's lowering of the country's sovereign rating.
2011-10-18 17:38:
U.S. wholesale prices rose sharply last month on the back of higher costs for gasoline, food and household detergents, pointing to continued inflation pressures in the production pipeline.
Inflation Pressures Build
U.S. wholesale prices rose sharply last month on the back of higher costs for gasoline, food and household detergents, pointing to continued inflation pressures in the production pipeline.
2011-10-18 17:09:
U.S. officials are pushing a plan that could help some "underwater" borrowers get refinancing assistance in the latest bid to break a legal impasse with banks over alleged foreclosure abuses.
New Mortgage Plan Floated
U.S. officials are pushing a plan that could help some "underwater" borrowers get refinancing assistance in the latest bid to break a legal impasse with banks over alleged foreclosure abuses.
2011-10-18 16:44:
Spain's government said that housing prices continued to fall in the third quarter, a further concern for the country's embattled banks at a time when investors are growing increasingly worried about the health of the euro zone's financial sector.
Spanish House Prices Fall
Spain's government said that housing prices continued to fall in the third quarter, a further concern for the country's embattled banks at a time when investors are growing increasingly worried about the health of the euro zone's financial sector.
2011-10-18 16:06:
France's ability to support troubled euro-zone countries was challenged, and Moody's Investors Service said the stable outlook on its prized triple-A credit rating was under pressure.
France Faces Rating Heat
France's ability to support troubled euro-zone countries was challenged, and Moody's Investors Service said the stable outlook on its prized triple-A credit rating was under pressure.
2011-10-18 14:37:
U.S. producer prices surged 0.8% on higher energy and food costs, while underlying inflation was more subdued.
Wholesale Prices Climb
U.S. producer prices surged 0.8% on higher energy and food costs, while underlying inflation was more subdued.
2011-10-18 13:22:
The U.S. Federal Reserve's next move could be to introduce an explicit inflation objective, to give it room to provide additional stimulus while keeping long-term inflation expectations under control, former Fed Gov. Laurence Meyer said.
Ex-Fed Governor Expects Inflation Objective
The U.S. Federal Reserve's next move could be to introduce an explicit inflation objective, to give it room to provide additional stimulus while keeping long-term inflation expectations under control, former Fed Gov. Laurence Meyer said.
2011-10-18 12:43:
France's ability to support troubled euro zone countries was challenged as the government acknowledged it is unlikely to meet its growth forecast next year and Moody's Investors Service said the stable outlook on its prized triple-A credit rating was under pressure.
France's Credit Rating Under Pressure
France's ability to support troubled euro zone countries was challenged as the government acknowledged it is unlikely to meet its growth forecast next year and Moody's Investors Service said the stable outlook on its prized triple-A credit rating was under pressure.
2011-10-18 12:04:
U.K. inflation accelerated to match a 2008 record of 5.2% in September, official figures showed, stoked by big increases in the prices households pay for gas and electricity.
U.K. Inflation Continues Rise
U.K. inflation accelerated to match a 2008 record of 5.2% in September, official figures showed, stoked by big increases in the prices households pay for gas and electricity.
2011-10-18 11:28:
Safe-haven German sovereign bonds rose after Moody's Investors Service said it would "monitor and assess" the stable outlook on France's Aaa rating, pushing the yield spread between French 10-year sovereign bonds and the benchmark German bund to a fresh euro-era high.
Moody's to 'Monitor' French Credit
Safe-haven German sovereign bonds rose after Moody's Investors Service said it would "monitor and assess" the stable outlook on France's Aaa rating, pushing the yield spread between French 10-year sovereign bonds and the benchmark German bund to a fresh euro-era high.
2011-10-18 11:06:
Spain's government said that housing prices remained in free-fall in the third quarter, a further concern for the country's embattled banks at a time when investors are growing increasingly worried about the health of the euro zone's financial sector.
Spanish House Prices Plunge
Spain's government said that housing prices remained in free-fall in the third quarter, a further concern for the country's embattled banks at a time when investors are growing increasingly worried about the health of the euro zone's financial sector.
2011-10-18 08:51:
Australia's surging terms of trade will remain robust in the coming years as China is unlikely to have a hard landing from its soaring economic growth, Australia's Treasury Secretary said.
Australia: China Hard Landing Unlikely
Australia's surging terms of trade will remain robust in the coming years as China is unlikely to have a hard landing from its soaring economic growth, Australia's Treasury Secretary said.
2011-10-17 23:28:
U.S. industrial production grew in September, helped by an upswing in output of long-lasting consumer goods and business equipment.
Manufacturing Notches Slight Gains
U.S. industrial production grew in September, helped by an upswing in output of long-lasting consumer goods and business equipment.
2011-10-17 15:19:
U.S. industrial production grew in September but the gain was small, underscoring the economy's lack of vigor.
Industrial Output Posts Modest Gain
U.S. industrial production grew in September but the gain was small, underscoring the economy's lack of vigor.
2011-10-17 02:22:
The housing market, which has struggled for years with oversupply, now faces a lack of attractive inventory, with homes listed for sale at the end of September at the lowest level since Realtor.com began its count in 2007.
Slim Pickings Are Latest Headache for Home Sales
The housing market, which has struggled for years with oversupply, now faces a lack of attractive inventory, with homes listed for sale at the end of September at the lowest level since Realtor.com began its count in 2007.
2011-10-16 22:14:
European leaders have primed investors to expect a sweeping euro-zone rescue plan to be unveiled within a week. But hurdles remain, among them details of a new Greek bailout.
Europe Faces More Hurdles on Aid Plan
European leaders have primed investors to expect a sweeping euro-zone rescue plan to be unveiled within a week. But hurdles remain, among them details of a new Greek bailout.
2011-10-16 20:36:
European leaders have primed investors to expect a sweeping euro-zone rescue plan to be unveiled within a week. But hurdles remain, among them details of a new Greek bailout.
Pressure Rises on Europe Over Rescue Plan
European leaders have primed investors to expect a sweeping euro-zone rescue plan to be unveiled within a week. But hurdles remain, among them details of a new Greek bailout.
2011-10-16 17:37:
The European Commission this week will propose new powers for national regulators to limit investor positions in commodity derivatives and increase oversight of high-frequency and algorithmic trading, according to a draft document.
EU Seeks More Power for Derivatives Regulators
The European Commission this week will propose new powers for national regulators to limit investor positions in commodity derivatives and increase oversight of high-frequency and algorithmic trading, according to a draft document.
2011-10-16 11:38:
Finance officials from the Group of 20 leading economies closed ranks, giving a cautious welcome to signs of progress by the euro zone towards tackling its deepening sovereign-debt crisis.
G-20 Welcomes Progess on EU Debt Plan
Finance officials from the Group of 20 leading economies closed ranks, giving a cautious welcome to signs of progress by the euro zone towards tackling its deepening sovereign-debt crisis.
2011-10-15 05:03:
U.S. retail sales jumped in September, though consumers' sour mood makes it unclear if the stronger-than-expected spending figures are sustainable.
Shoppers Spend More Despite Dreary Outlook
U.S. retail sales jumped in September, though consumers' sour mood makes it unclear if the stronger-than-expected spending figures are sustainable.
2011-10-15 04:24:
A new law allows California to go after the driver's licenses of tax scofflaws. What do other states do?
Going After State-Tax Deadbeats
A new law allows California to go after the driver's licenses of tax scofflaws. What do other states do?
2011-10-15 04:14:
The rate of inflation in the euro zone soared to a full percentage point above the European Central Bank's preferred level in September. But signs that the economy is flagging badly mean the central bank is still likely to ease its policy stance in coming months.
Euro Zone's Inflation Jumps
The rate of inflation in the euro zone soared to a full percentage point above the European Central Bank's preferred level in September. But signs that the economy is flagging badly mean the central bank is still likely to ease its policy stance in coming months.
2011-10-15 01:38:
Congress's deficit-cutting supercommittee was deluged with recommendations on Friday. Unfortunately for the panel, much of it was advice about what not to cut.
Deficit Panel Hears What Not to Cut
Congress's deficit-cutting supercommittee was deluged with recommendations on Friday. Unfortunately for the panel, much of it was advice about what not to cut.
2011-10-15 00:42:
France and Germany were moving closer on a package to stabilize the euro zone that would bolster the bloc's rescue fund and strengthen the region's banks.
Germany, France Close In on Crisis Plan
France and Germany were moving closer on a package to stabilize the euro zone that would bolster the bloc's rescue fund and strengthen the region's banks.
2011-10-14 23:31:
State officials echoed Harrisburg Mayor Linda Thompson's request for the bankruptcy court to throw out the Pennsylvania capital city's Chapter 9 bankruptcy case, arguing that it was filed in rogue manner by four City Council members.
Harrisburg Mayor, State Urge Dismissal of Bankruptcy
State officials echoed Harrisburg Mayor Linda Thompson's request for the bankruptcy court to throw out the Pennsylvania capital city's Chapter 9 bankruptcy case, arguing that it was filed in rogue manner by four City Council members.
2011-10-14 19:05:
U.S. retail sales jumped in September, though consumers' sour mood makes it unclear if the stronger-than-expected spending figures are sustainable.
Retail Sales Rise; Consumers Still Fret
U.S. retail sales jumped in September, though consumers' sour mood makes it unclear if the stronger-than-expected spending figures are sustainable.
2011-10-14 18:14:
Harrisburg's mayor wants the Pennsylvania capital city's Chapter 9 bankruptcy case thrown out, arguing the request was filed in a rogue manner by four city council members.
Harrisburg Mayor to Court: Throw Out Rogue Bankruptcy
Harrisburg's mayor wants the Pennsylvania capital city's Chapter 9 bankruptcy case thrown out, arguing the request was filed in a rogue manner by four city council members.
2011-10-14 17:20:
The U.S. is considering a plan to draw private investment back into the mortgage market by having slices of securities sold that wouldn't carry a federal guarantee but would pay higher rates.
Plan Floated to Spread Risk in Mortgage Bonds
The U.S. is considering a plan to draw private investment back into the mortgage market by having slices of securities sold that wouldn't carry a federal guarantee but would pay higher rates.
2011-10-14 13:12:
Slowing economic growth, spiraling unemployment and overspending by its powerful regional governments could make Spain the latest ailing euro-zone country to miss its budget target this year.
Spain Deficit Raises Crisis Risks
Slowing economic growth, spiraling unemployment and overspending by its powerful regional governments could make Spain the latest ailing euro-zone country to miss its budget target this year.
2011-10-14 11:51:
A sharp rise in exports helped the 17 nations that use the euro to post a smaller deficit on trade with the rest of the world in August, official data showed.
Euro-Zone Trade Deficit Shrinks
A sharp rise in exports helped the 17 nations that use the euro to post a smaller deficit on trade with the rest of the world in August, official data showed.
2011-10-14 09:57:
Stubbornly high inflation continues to be a bugbear for India, with September's wholesale price index staying above 9% for the 10th consecutive month, leaving room for yet another central bank rate increase at the risk of hurting economic growth.
India Sept Inflation Remains High
Stubbornly high inflation continues to be a bugbear for India, with September's wholesale price index staying above 9% for the 10th consecutive month, leaving room for yet another central bank rate increase at the risk of hurting economic growth.
2011-10-14 09:13:
Slowing economic growth, spiraling unemployment and overspending by its powerful regional governments could make Spain the latest ailing euro-zone country to miss its budget target this year.
Spain Deficit Raises Risks
Slowing economic growth, spiraling unemployment and overspending by its powerful regional governments could make Spain the latest ailing euro-zone country to miss its budget target this year.
2011-10-14 08:19:
India's inflation was little changed at 9.72% in September from the previous month's provisional reading of 9.78%, showed data released by the Ministry of Commerce and Industry.
India Inflation Rises 9.72%
India's inflation was little changed at 9.72% in September from the previous month's provisional reading of 9.78%, showed data released by the Ministry of Commerce and Industry.
2011-10-14 05:36:
China's consumer price index in September was up 6.1% from a year earlier, slowing slightly from August's 6.2% and giving analysts hope that Beijing may have some room to loosen policy.
China Inflation Slows Minimally
China's consumer price index in September was up 6.1% from a year earlier, slowing slightly from August's 6.2% and giving analysts hope that Beijing may have some room to loosen policy.
2011-10-14 04:42:
Herman Cain's "9-9-9" plan clearly has roots in the Reagan-era antitax movement. In constructing the proposal, the candidate's economic adviser, Rich Lowrie, consulted with conservative tax icon Arthur Laffer, often viewed as the father of supply-side economics.
Cain Plan's Reagan-Era Roots
Herman Cain's "9-9-9" plan clearly has roots in the Reagan-era antitax movement. In constructing the proposal, the candidate's economic adviser, Rich Lowrie, consulted with conservative tax icon Arthur Laffer, often viewed as the father of supply-side economics.
2011-10-14 04:31:
The Singapore dollar rose sharply after the central bank eased monetary policy for the first time in two years. The government reported meager growth for the latest quarter.
Singapore Grows Slowly, Central Bank Eases Policy
The Singapore dollar rose sharply after the central bank eased monetary policy for the first time in two years. The government reported meager growth for the latest quarter.
2011-10-14 04:17:
China's inflation rate slowed slightly in September, giving analysts hope that Beijing may have further room to loosen policy.
China Inflation Slows
China's inflation rate slowed slightly in September, giving analysts hope that Beijing may have further room to loosen policy.
2011-10-14 03:14:
Americans' incomes have dropped since 2000 and they aren't expected to make up the lost ground before 2021, according to economists in the latest Wall Street Journal forecasting survey.
Bleak News for Americans' Income
Americans' incomes have dropped since 2000 and they aren't expected to make up the lost ground before 2021, according to economists in the latest Wall Street Journal forecasting survey.
2011-10-14 02:07:
The travails of the developed world are starting to take their toll on fast-growing countries like China, Brazil and Indonesia, which are moving toward policies aimed at refueling growth to offset the damage.
West's Woes Hit Emerging Economies
The travails of the developed world are starting to take their toll on fast-growing countries like China, Brazil and Indonesia, which are moving toward policies aimed at refueling growth to offset the damage.
2011-10-14 01:41:
Europe's banks have taken wildly different write-downs on their available for sale Greek debt, thanks in part to different accounting approaches.
Banks' Paths Vary in Greek Write-Downs
Europe's banks have taken wildly different write-downs on their available for sale Greek debt, thanks in part to different accounting approaches.
2011-10-14 01:13:
The euro zone is moving toward action that parallels what Walter Bagehot urged the authorities to do in a banking crisis: Let the troubled bank fail, and protect the system by making plentiful liquidity available to other banks.
Three-Prong Approach to Euro-Zone Crisis
The euro zone is moving toward action that parallels what Walter Bagehot urged the authorities to do in a banking crisis: Let the troubled bank fail, and protect the system by making plentiful liquidity available to other banks.
2011-10-13 20:25:
Americans' incomes aren't expected to make up lost ground before 2021, according to economists in the latest Journal survey.
Grim View for U.S. Incomes
Americans' incomes aren't expected to make up lost ground before 2021, according to economists in the latest Journal survey.
2011-10-13 20:01:
Americans' incomes have dropped since 2000 and they aren't expected to make up the lost ground before 2021, according to economists in the latest Wall Street Journal forecasting survey.
U.S. Incomes Seen Stagnant Through 2021
Americans' incomes have dropped since 2000 and they aren't expected to make up the lost ground before 2021, according to economists in the latest Wall Street Journal forecasting survey.
2011-10-13 14:41:
The U.S. trade deficit with China hit a new record in August, even as the gap with the rest of the world narrowed a bit. Separately, initial jobless claims were essentially flat.
U.S.-China Trade Gap Widens
The U.S. trade deficit with China hit a new record in August, even as the gap with the rest of the world narrowed a bit. Separately, initial jobless claims were essentially flat.
2011-10-13 13:36:
Bank investors are breaking out their foul-weather gear.
Some Bright Spots Amid Bank Gloom
Bank investors are breaking out their foul-weather gear.
2011-10-13 02:54:
After months of debate, Harrisburg, Pa., filed for municipal bankruptcy protection, days before the state Senate was scheduled to vote on taking over the city's finances.
Harrisburg Files for Bankruptcy
After months of debate, Harrisburg, Pa., filed for municipal bankruptcy protection, days before the state Senate was scheduled to vote on taking over the city's finances.
2011-10-13 02:44:
Congress on Wednesday passed free-trade agreements with South Korea, Colombia and Panama, ending nettlesome negotiations.
Congress Passes Free-Trade Pacts
Congress on Wednesday passed free-trade agreements with South Korea, Colombia and Panama, ending nettlesome negotiations.
2011-10-13 02:08:
Congress was set Wednesday to pass free-trade agreements with South Korea, Colombia and Panama, ending nettlesome negotiations.
Congress Set to Pass Free-Trade Pacts
Congress was set Wednesday to pass free-trade agreements with South Korea, Colombia and Panama, ending nettlesome negotiations.
2011-10-13 01:54:
After months of debate, Harrisburg, Pa., filed for municipal bankruptcy protection, days before the state Senate was scheduled to vote on taking over the city's finances.
Capital Files for Bankruptcy
After months of debate, Harrisburg, Pa., filed for municipal bankruptcy protection, days before the state Senate was scheduled to vote on taking over the city's finances.
2011-10-13 01:48:
Herman Cain's surge in the polls is focusing new attention on his "9-9-9" tax plan, but also raising new questions about whether it does everything it claims.
Cain's 9-9-9 Plan Gets a Closer Look
Herman Cain's surge in the polls is focusing new attention on his "9-9-9" tax plan, but also raising new questions about whether it does everything it claims.
2011-10-13 01:11:
Fed officials discussed a series of options at their last meeting that they could use if the U.S. economic recovery falters.
Inside the Fed Fight Over Bond Buys
Fed officials discussed a series of options at their last meeting that they could use if the U.S. economic recovery falters.
2011-10-13 00:30:
After months of debate, Harrisburg, Pa., filed for municipal bankruptcy protection, days before the state Senate was scheduled to vote on taking over the city's finances.
Harrisburg in Bankruptcy Filing; Legality Questioned
After months of debate, Harrisburg, Pa., filed for municipal bankruptcy protection, days before the state Senate was scheduled to vote on taking over the city's finances.
2011-10-13 00:01:
Fed officials discussed a series of options at their last meeting that they could use if the U.S. economic recovery falters.
Fed Debated Tools to Spur Economy
Fed officials discussed a series of options at their last meeting that they could use if the U.S. economic recovery falters.
2011-10-12 23:40:
Bank investors are breaking out their foul-weather gear.
Some Bright Spots Amid the Bank Gloom
Bank investors are breaking out their foul-weather gear.
2011-10-12 21:09:
Fed officials discussed a series of options at their last meeting that they could use if the U.S. economic recovery falters.
Fed Minutes: Some Favored Bolder Action
Fed officials discussed a series of options at their last meeting that they could use if the U.S. economic recovery falters.
2011-10-12 14:40:
The European Commission presented plans to cap payments to big farms and set aside more land, as part of changes to its $75-billion-a-year farm-subsidy program.
EU Proposes Farm-Subsidy Cap
The European Commission presented plans to cap payments to big farms and set aside more land, as part of changes to its $75-billion-a-year farm-subsidy program.
2011-10-12 14:09:
The secretary general of the Organization for Economic Cooperation and Development pushed for the euro zone to include stress tests with sovereign-debt exposure in the comprehensive package promised by Germany and France to resolve the euro zone's debt crisis.
OECD: Tests Needed on Sovereign Exposure
The secretary general of the Organization for Economic Cooperation and Development pushed for the euro zone to include stress tests with sovereign-debt exposure in the comprehensive package promised by Germany and France to resolve the euro zone's debt crisis.
2011-10-12 05:32:
The Senate blocked Obama's $447 billion jobs bill, highlighting the confrontation between Republicans and a president who has been traveling the country exhorting Congress to pass the measure.
Obama's Jobs Bill Hits Wall in Senate
The Senate blocked Obama's $447 billion jobs bill, highlighting the confrontation between Republicans and a president who has been traveling the country exhorting Congress to pass the measure.
2011-10-11 23:42:
Academic economists are moving closer to adopting a code of ethics in response to criticism that ethical lapses in the profession helped precipitate the 2008 financial crisis.
Economists Pen an Ethics Code
Academic economists are moving closer to adopting a code of ethics in response to criticism that ethical lapses in the profession helped precipitate the 2008 financial crisis.
2011-10-11 19:14:
Slovakia's lawmakers were scrambling to vote on a crucial expansion of the euro zone's bailout fund, but their slow progress renewed concerns about prospects for the region.
Slovakia Dithers on European Bailout Vote
Slovakia's lawmakers were scrambling to vote on a crucial expansion of the euro zone's bailout fund, but their slow progress renewed concerns about prospects for the region.
2011-10-11 15:43:
Singapore's central bank warned of slower economic growth in coming years on global weakness, with core inflation restrained, bolstering expectations it will ease policy this week.
Singapore Warns of Slower Growth
Singapore's central bank warned of slower economic growth in coming years on global weakness, with core inflation restrained, bolstering expectations it will ease policy this week.
2011-10-11 13:45:
The Organization of Petroleum Exporting Countries further trimmed its forecasts for oil demand in 2011 and 2012 and warned it could cut the outlook again amid growing unease over the global economy.
OPEC Cuts Demand Forecast
The Organization of Petroleum Exporting Countries further trimmed its forecasts for oil demand in 2011 and 2012 and warned it could cut the outlook again amid growing unease over the global economy.
2011-10-11 03:19:
A private-sector advisory board to the White House is pressing the administration to streamline regulations and encourage start-up activity among recommendations to boost job creation.
Jobs Panel Pushes Help for Start-Ups
A private-sector advisory board to the White House is pressing the administration to streamline regulations and encourage start-up activity among recommendations to boost job creation.
2011-10-10 08:18:
German exports rose in August while imports remained flat, widening Germany's merchandise trade surplus, data from the Federal Statistics Office showed.
German Trade Surplus Widens
German exports rose in August while imports remained flat, widening Germany's merchandise trade surplus, data from the Federal Statistics Office showed.
2011-10-09 09:35:
Employers added 103,000 jobs last month, easing recession fears but signaling an economy only stumbling ahead, with the unemployment rate stuck at 9.1%.
U.S. Jobs Growth Falling Short
Employers added 103,000 jobs last month, easing recession fears but signaling an economy only stumbling ahead, with the unemployment rate stuck at 9.1%.
2011-10-08 22:36:
Saudi Arabia said it was unlikely to proceed with plans to raise its oil-production capacity to 15 million barrels a day, suggesting it was comfortable with the world's current production capabilities.
Saudis See No Need to Raise Oil Capacity
Saudi Arabia said it was unlikely to proceed with plans to raise its oil-production capacity to 15 million barrels a day, suggesting it was comfortable with the world's current production capabilities.
2011-10-08 21:43:
Saudi Arabia said it was unlikely to proceed with plans to raise its oil-production capacity to 15 million barrels a day, suggesting it was comfortable with the world's current production capabilities.
Saudis See No Reason to Raise Oil Capacity
Saudi Arabia said it was unlikely to proceed with plans to raise its oil-production capacity to 15 million barrels a day, suggesting it was comfortable with the world's current production capabilities.
2011-10-08 12:18:
Obama used his weekly radio address to say his $447 billion jobs plan would help the U.S. "guard against another downturn."
Obama Pushes Jobs Bill as Protection Against Downturn
Obama used his weekly radio address to say his $447 billion jobs plan would help the U.S. "guard against another downturn."
2011-10-08 11:44:
Spain and Italy suffered debt downgrades, triggering a retreat in the euro as European governments scrambled to develop a common approach to restoring confidence in the region's banks.
Downgrades Hit Spain, Italy
Spain and Italy suffered debt downgrades, triggering a retreat in the euro as European governments scrambled to develop a common approach to restoring confidence in the region's banks.
2011-10-08 03:38:
The Bank of England's decision to restart its bond-buying program will give the government breathing room to continue its austerity drive, but the legacy of this round of 'quantitative easing' will depend on a number of factors.
U.K. Bond Buys Aren't a Sure Cure
The Bank of England's decision to restart its bond-buying program will give the government breathing room to continue its austerity drive, but the legacy of this round of 'quantitative easing' will depend on a number of factors.
2011-10-08 01:31:
Employers added 103,000 jobs last month, easing recession fears but signaling an economy only stumbling ahead, with the unemployment rate stuck at 9.1%.
Economy Adds Jobs, but Not Enough
Employers added 103,000 jobs last month, easing recession fears but signaling an economy only stumbling ahead, with the unemployment rate stuck at 9.1%.
2011-10-08 00:55:
The Bank of England's decision to restart its bond-buying program will give the government breathing room to continue its austerity drive, but the legacy of this round of 'quantitative easing' will depend on a number of factors.
U.K. Bond Buys Aren't a Sure Cure
The Bank of England's decision to restart its bond-buying program will give the government breathing room to continue its austerity drive, but the legacy of this round of 'quantitative easing' will depend on a number of factors.
2011-10-08 00:43:
Spain and Italy suffered debt downgrades Friday, triggering a retreat in the euro as European governments scrambled to develop a common approach to restoring confidence in the region's banks.
Spain's, Italy's Ratings Cut
Spain and Italy suffered debt downgrades Friday, triggering a retreat in the euro as European governments scrambled to develop a common approach to restoring confidence in the region's banks.
2011-10-07 23:39:
U.S. employers added workers to their payrolls last month, easing recession fears but falling well short of the pace needed to get 14 million jobless Americans working in the next few years.
U.S. Payrolls Grow, But Slowly
U.S. employers added workers to their payrolls last month, easing recession fears but falling well short of the pace needed to get 14 million jobless Americans working in the next few years.
2011-10-07 20:01:
The Czech central bank should refrain from further easing its record-low base interest rate, said Eva Zamrazilova, one of the bank's seven policy makers.
Czech Central Banker Opposes Rate Cut
The Czech central bank should refrain from further easing its record-low base interest rate, said Eva Zamrazilova, one of the bank's seven policy makers.
2011-10-07 19:07:
Fitch Ratings issued twin cuts to two of the euro zone's largest economies as it downgraded its foreign and local currency ratings on Italy and Spain.
Fitch Cuts Spain, Italy Ratings
Fitch Ratings issued twin cuts to two of the euro zone's largest economies as it downgraded its foreign and local currency ratings on Italy and Spain.
2011-10-07 15:20:
Turkey's central bank has dug deep into foreign-exchange reserves this week as it attempts to put a floor under the Turkish lira and so head off risks of inflation and capital flight with potential to unravel the country's strong growth performance.
Turkey Moves to Halt Lira's Fall
Turkey's central bank has dug deep into foreign-exchange reserves this week as it attempts to put a floor under the Turkish lira and so head off risks of inflation and capital flight with potential to unravel the country's strong growth performance.
2011-10-07 15:03:
The U.S. economy added more jobs than expected last month, and employment gains for the previous two months were revised higher, providing some hope for the weak labor market.
U.S. Payrolls Rise
The U.S. economy added more jobs than expected last month, and employment gains for the previous two months were revised higher, providing some hope for the weak labor market.
2011-10-07 14:44:
The U.S. economy added more jobs than expected last month, providing some hope for the weak labor market, but unemployment remained at 9.1%. The numbers were boosted by the return of striking Verizon workers.
Payrolls Rise as Striking Workers Return
The U.S. economy added more jobs than expected last month, providing some hope for the weak labor market, but unemployment remained at 9.1%. The numbers were boosted by the return of striking Verizon workers.
2011-10-07 12:53:
The decision of Switzerland's central bank to set a cap for the Swiss franc against the euro has stabilized but hasn't normalized the situation for Swiss companies, the country's director of labor said.
Franc Still Threatens Swiss Firms
The decision of Switzerland's central bank to set a cap for the Swiss franc against the euro has stabilized but hasn't normalized the situation for Swiss companies, the country's director of labor said.
2011-10-07 12:34:
German industrial production slowed less than expected on the month in August, but is expected to continue to deteriorate from now on, the country's economics ministry said.
German Industrial Output Slows
German industrial production slowed less than expected on the month in August, but is expected to continue to deteriorate from now on, the country's economics ministry said.
2011-10-07 11:29:
India's industrial output is likely to expand less than 8% in the current fiscal year, as high interest rates crimp manufacturing activity, a senior industry ministry official said.
Official: India Industrial Output Growth Likely Below 8%
India's industrial output is likely to expand less than 8% in the current fiscal year, as high interest rates crimp manufacturing activity, a senior industry ministry official said.
2011-10-07 10:47:
U.K. factory-gate prices rose at the strongest annual rate for almost three years in September, fueled by higher costs for food and petroleum products, official data showed.
U.K. Factory Prices Post Sharp Gain
U.K. factory-gate prices rose at the strongest annual rate for almost three years in September, fueled by higher costs for food and petroleum products, official data showed.
2011-10-07 07:05:
U.S. retailers' September sales came in generally upbeat, with promotions helping remove back-to-school merchandise as preparations begin for the holiday season.
Retailers' Discounts Lure Shoppers
U.S. retailers' September sales came in generally upbeat, with promotions helping remove back-to-school merchandise as preparations begin for the holiday season.
2011-10-07 04:13:
U.S. leaders took swipes at China on Thursday, as the Senate voted to advance a bill to penalize countries said to be manipulating their currencies and President Obama accused the country of manipulating the yuan.
U.S. Leaders Step Up Pressure on China
U.S. leaders took swipes at China on Thursday, as the Senate voted to advance a bill to penalize countries said to be manipulating their currencies and President Obama accused the country of manipulating the yuan.
2011-10-07 02:05:
House Democrats called on Obama to replace a key housing regulator, saying the official isn't taking bold enough steps to turn around the real-estate crisis.
House Democrats Want Regulator Out
House Democrats called on Obama to replace a key housing regulator, saying the official isn't taking bold enough steps to turn around the real-estate crisis.
2011-10-07 01:42:
House Democrats called on President Barack Obama to replace a key housing regulator, saying the official isn't taking bold enough steps to turn around the real-estate crisis.
House Democrats Seek To Oust Key Regulator
House Democrats called on President Barack Obama to replace a key housing regulator, saying the official isn't taking bold enough steps to turn around the real-estate crisis.
2011-10-07 01:24:
President Obama, fearing his $447 billion jobs bill will falter in Congress, signaled Thursday that he would push for separate votes on each part of the legislation as a way to ratchet up pressure on Republican lawmakers.
Obama Pushes for Jobs Bill
President Obama, fearing his $447 billion jobs bill will falter in Congress, signaled Thursday that he would push for separate votes on each part of the legislation as a way to ratchet up pressure on Republican lawmakers.
2011-10-07 01:15:
The rate of home ownership in the U.S. fell in the last decade by the largest amount since the Great Depression, although the percentage of Americans who own their home remains the second-highest on record, the Census Bureau said
Owning One's Home Loses Some Appeal
The rate of home ownership in the U.S. fell in the last decade by the largest amount since the Great Depression, although the percentage of Americans who own their home remains the second-highest on record, the Census Bureau said
2011-10-07 00:43:
New claims for unemployment benefits rose only a bit last week following the steep drop in the previous period, but moved back over the key 400,000 level.
Jobless-Benefit Claims Rise
New claims for unemployment benefits rose only a bit last week following the steep drop in the previous period, but moved back over the key 400,000 level.
2011-10-06 22:43:
Obama offered a bleak portrait of the U.S. economy, saying the country is feeling the impact of a debt crisis gripping Europe as he tried to persuade a divided Congress to help him do something about it.
Obama: Economy Needs Jolt Now
Obama offered a bleak portrait of the U.S. economy, saying the country is feeling the impact of a debt crisis gripping Europe as he tried to persuade a divided Congress to help him do something about it.
2011-10-06 22:12:
The fall of oil prices under $100 a barrel has opened up a debate on just how low prices should go before OPEC takes action.
With Crude Oil Below $100 OPEC Members Debate Price
The fall of oil prices under $100 a barrel has opened up a debate on just how low prices should go before OPEC takes action.
2011-10-06 18:09:
A split between OPEC oil producers has resurfaced as economic risks and the return of Libyan output has sent oil prices under $100 a barrel and opened up a debate on just how low prices should go before OPEC takes action.
Oil Retreat Prompts Price Debate
A split between OPEC oil producers has resurfaced as economic risks and the return of Libyan output has sent oil prices under $100 a barrel and opened up a debate on just how low prices should go before OPEC takes action.
2011-10-06 17:41:
U.S. retailers' September sales came in generally upbeat, with promotions helping remove back-to-school merchandise as preparations begin for the holiday season.
September Retail Sales Solid
U.S. retailers' September sales came in generally upbeat, with promotions helping remove back-to-school merchandise as preparations begin for the holiday season.
2011-10-06 17:25:
Treasury Secretary Timothy Geithner said financial institutions in the U.S. risk holding back the economy because they are unwilling to lend.
Geithner Cites Banks' Risk-Aversion as Threat to Economy
Treasury Secretary Timothy Geithner said financial institutions in the U.S. risk holding back the economy because they are unwilling to lend.
2011-10-06 17:21:
Vietnam's central bank said it will raise its rate for recapitalizing banks by 1 percentage point to 15% in a bid to tame inflation.
Vietnam to Raise Key Rate
Vietnam's central bank said it will raise its rate for recapitalizing banks by 1 percentage point to 15% in a bid to tame inflation.
2011-10-06 15:43:
The European Central Bank reactivated two of its tried and trusted anticrisis measures in an effort to stave off an impending liquidity crisis among the euro zone's banks.
ECB to Wield Anticrisis Tools
The European Central Bank reactivated two of its tried and trusted anticrisis measures in an effort to stave off an impending liquidity crisis among the euro zone's banks.
2011-10-06 14:34:
New claims for unemployment benefits rose only a bit last week following the steep drop in the previous period, but moved back over the key 400,000 level.
Jobless Claims Climb a Bit
New claims for unemployment benefits rose only a bit last week following the steep drop in the previous period, but moved back over the key 400,000 level.
2011-10-06 13:39:
The Bank of England said it will buy £75 billion of government bonds in a fresh bout of quantitative easing aimed at stimulating the U.K.'s stagnant economy.
BOE Expands Quantitative Easing
The Bank of England said it will buy £75 billion of government bonds in a fresh bout of quantitative easing aimed at stimulating the U.K.'s stagnant economy.
2011-10-06 13:04:
Output in the U.K.'s dominant services sector grew at a modest rate in July reducing the likelihood that the British economy contracted in the third quarter.
U.K. Services Output Grows
Output in the U.K.'s dominant services sector grew at a modest rate in July reducing the likelihood that the British economy contracted in the third quarter.
2011-10-06 11:23:
Questions and answers on the ever-changing Greek debt crisis, by Geoffrey T. Smith.
Greek-Bailout Shenanigans: A User's Rough Guide
Questions and answers on the ever-changing Greek debt crisis, by Geoffrey T. Smith.
2011-10-06 06:06:
Landlords in some major markets were able to pass along hefty rent increases to tenants during the third quarter, despite signs of a weakening economy that could pinch future gains.
Landlords Push Up Apartment Rents
Landlords in some major markets were able to pass along hefty rent increases to tenants during the third quarter, despite signs of a weakening economy that could pinch future gains.
2011-10-06 04:14:
Senate Democrats proposed a 5.6% surtax on people earning more than $1 million a year to pay for the $447 billion cost of Obama's job-creation bill, in a move designed to shore up their party's support for the measure.
Democrats Float Tax on Top Earners
Senate Democrats proposed a 5.6% surtax on people earning more than $1 million a year to pay for the $447 billion cost of Obama's job-creation bill, in a move designed to shore up their party's support for the measure.
2011-10-06 03:04:
Senate Democrats proposed a 5.6% surtax on people earning more than $1 million a year to pay for the $447 billion cost of Obama's job-creation bill, in a move designed to shore up their party's support for the measure.
Democrats Propose 5.6% Surtax on Millionaires
Senate Democrats proposed a 5.6% surtax on people earning more than $1 million a year to pay for the $447 billion cost of Obama's job-creation bill, in a move designed to shore up their party's support for the measure.
2011-10-05 23:59:
U.S. private businesses added slightly more jobs than expected in September, according to a report from payroll giant ADP, even as a separate release noted a surge in layoffs last month.
Labor Data Signal No End to Job Worries
U.S. private businesses added slightly more jobs than expected in September, according to a report from payroll giant ADP, even as a separate release noted a surge in layoffs last month.
2011-10-05 23:50:
Questions and answers on the ever-changing Greek debt crisis, by Geoffrey T. Smith.
Greek-Bailout Shenanigan: A User's Rough Guide
Questions and answers on the ever-changing Greek debt crisis, by Geoffrey T. Smith.
2011-10-05 23:40:
U.S. private businesses added slightly more jobs than expected in September, according to a report from payroll giant ADP, even as a separate release noted a surge in layoffs last month.
Labor Reports Signal No End to Jobs Worries
U.S. private businesses added slightly more jobs than expected in September, according to a report from payroll giant ADP, even as a separate release noted a surge in layoffs last month.
2011-10-05 23:17:
Senate Democrats proposed a 5% surtax on people earning more than $1 million a year to pay for the $447 billion cost of Obama's job-creation bill, in a move designed to shore up their party's support for the measure.
Democrats Propose 5% Surtax on Millionaires
Senate Democrats proposed a 5% surtax on people earning more than $1 million a year to pay for the $447 billion cost of Obama's job-creation bill, in a move designed to shore up their party's support for the measure.
2011-10-05 14:37:
Private businesses added slightly more jobs than expected in September, according to ADP. But large companies' layoff announcements jumped to the highest number in more than two years.
Private Sector Adds 91,000 Jobs
Private businesses added slightly more jobs than expected in September, according to ADP. But large companies' layoff announcements jumped to the highest number in more than two years.
2011-10-05 14:33:
A move by the European Union to cap payments to Europe's largest farms wouldn't improve the efficiency of the region's agriculture program, according to an influential report.
OECD Reviews EU Farm Payment Plan
A move by the European Union to cap payments to Europe's largest farms wouldn't improve the efficiency of the region's agriculture program, according to an influential report.
2011-10-05 13:16:
A modest pickup in activity in the U.K. economy during September is expected to persuade the Bank of England to delay reviving its asset-purchase program for another month.
U.K. Data May Delay Easing
A modest pickup in activity in the U.K. economy during September is expected to persuade the Bank of England to delay reviving its asset-purchase program for another month.
2011-10-05 11:08:
Growth in the U.K.'s dominant services sector accelerated in September, according to a survey of purchasing mangers conducted by Markit Economics and the Chartered Institute of Purchasing and Supply.
U.K. Service-Sector Growth Picks Up
Growth in the U.K.'s dominant services sector accelerated in September, according to a survey of purchasing mangers conducted by Markit Economics and the Chartered Institute of Purchasing and Supply.
2011-10-05 04:06:
Republicans forced Obama's hand to expose the limits of support within the president's own party for the bill, which includes some tax increases opposed by many Democrats.
GOP Pushes for Jobs-Bill Vote
Republicans forced Obama's hand to expose the limits of support within the president's own party for the bill, which includes some tax increases opposed by many Democrats.
2011-10-05 03:16:
As the housing market endures a prolonged slump, many of the jobs it created are gone, and housing has now become part of what many economists see as a vicious circle that has left the wider economy struggling to gain altitude.
Housing's Job Engine Falters
As the housing market endures a prolonged slump, many of the jobs it created are gone, and housing has now become part of what many economists see as a vicious circle that has left the wider economy struggling to gain altitude.
2011-10-05 02:11:
Fed chief Bernanke warned the U.S. economic recovery was "close to faltering," and said Congress and the White House had a "shared responsibility" with the central bank to respond.
Bernanke Urges Action on Economy
Fed chief Bernanke warned the U.S. economic recovery was "close to faltering," and said Congress and the White House had a "shared responsibility" with the central bank to respond.
2011-10-05 01:19:
Fed chief Bernanke warned the U.S. economic recovery was "close to faltering," and said Congress and the White House had a "shared responsibility" with the central bank to respond.
Bernanke Issues Warning, Urges Action on Economy
Fed chief Bernanke warned the U.S. economic recovery was "close to faltering," and said Congress and the White House had a "shared responsibility" with the central bank to respond.
2011-10-04 23:26:
Orders for U.S. factory goods fell during August, after rising the previous month, as manufacturers struggle to keep growing within a weak economy.
Factory-Goods Orders Show Decline
Orders for U.S. factory goods fell during August, after rising the previous month, as manufacturers struggle to keep growing within a weak economy.
2011-10-04 22:10:
Fed chief Bernanke told lawmakers that Congress and the White House should take steps that could aid a persistently weak recovery.
Bernanke Urges Action Amid Weak Recovery
Fed chief Bernanke told lawmakers that Congress and the White House should take steps that could aid a persistently weak recovery.
2011-10-04 19:43:
Divisions among euro-zone members over whether to push for a bigger private-sector write-down on Greek debt widened, with senior officials saying there was growing momentum behind the idea of pushing for a bigger contribution from private creditors.
Bigger Greek Write-Down Eyed
Divisions among euro-zone members over whether to push for a bigger private-sector write-down on Greek debt widened, with senior officials saying there was growing momentum behind the idea of pushing for a bigger contribution from private creditors.
2011-10-04 16:42:
Bernanke told U.S. lawmakers the central bank is ready to do more to help the U.S. economy, but said Congress and the White House can also take steps that would aid a persistently weak recovery.
Bernanke Calls on Congress to Do More
Bernanke told U.S. lawmakers the central bank is ready to do more to help the U.S. economy, but said Congress and the White House can also take steps that would aid a persistently weak recovery.
2011-10-04 16:23:
Orders declined for U.S. factory goods during August, the second drop in three months as manufacturers struggle to keep growing within a weak economy.
Factory Orders Fell in August
Orders declined for U.S. factory goods during August, the second drop in three months as manufacturers struggle to keep growing within a weak economy.
2011-10-04 15:11:
The risk of a global economic slowdown "is a concern" but India remains hopeful of meeting its $300 billion export target for the fiscal year ending March 2012, Indian Trade Minister Anand Sharma said.
India Hopeful of Meeting Export Target
The risk of a global economic slowdown "is a concern" but India remains hopeful of meeting its $300 billion export target for the fiscal year ending March 2012, Indian Trade Minister Anand Sharma said.
2011-10-04 11:09:
Prices of goods leaving factories across the 17 euro-zone countries fell in August as energy costs declined.
Euro-Zone Producer Prices Drop
Prices of goods leaving factories across the 17 euro-zone countries fell in August as energy costs declined.
2011-10-04 02:21:
Millions of current and former homeowners will have a chance to get their foreclosure cases examined to see if they should be compensated for banks' mistakes.
Review Is Set for Foreclosure Mistakes
Millions of current and former homeowners will have a chance to get their foreclosure cases examined to see if they should be compensated for banks' mistakes.
2011-10-04 02:17:
U.S. manufacturing managed to keep expanding in September, but weakness was noted in the euro zone and Australia.
Reliable Engine of Recovery Loses Steam
U.S. manufacturing managed to keep expanding in September, but weakness was noted in the euro zone and Australia.
2011-10-03 22:43:
Dexia shares fell sharply after Moody's said it was reviewing the Belgian-French bank for a downgrade because of potential funding problems. The bank's troubles could echo across the Atlantic because it is a major player in U.S. municipal debt.
Dexia's Troubles Reverberate to West
Dexia shares fell sharply after Moody's said it was reviewing the Belgian-French bank for a downgrade because of potential funding problems. The bank's troubles could echo across the Atlantic because it is a major player in U.S. municipal debt.
2011-10-03 17:28:
U.S. manufacturing managed to keep expanding in September, but weakness was noted in the euro zone and Australia.
U.S. Factory Activity Grows
U.S. manufacturing managed to keep expanding in September, but weakness was noted in the euro zone and Australia.
2011-10-03 16:21:
The U.S. manufacturing sector managed to keep expanding and employment strengthened in September, according to data released Monday by the ISM.
U.S. Manufacturing Expands
The U.S. manufacturing sector managed to keep expanding and employment strengthened in September, according to data released Monday by the ISM.
2011-10-03 12:43:
Inflation in Indonesia eased in September, but economists say that is unlikely to prompt the central bank to lower its benchmark interest rate next week, given turbulent market conditions.
Indonesia's Inflation Eases
Inflation in Indonesia eased in September, but economists say that is unlikely to prompt the central bank to lower its benchmark interest rate next week, given turbulent market conditions.
2011-10-03 12:42:
Greece confirmed its economy is expected to contract by an annual pace of 2.5% in 2012, its fourth consecutive year of contraction.
Greek Economy to Keep Shrinking
Greece confirmed its economy is expected to contract by an annual pace of 2.5% in 2012, its fourth consecutive year of contraction.
2011-10-03 12:11:
Standard & Poor's Ratings Services is maintaining its view that India will struggle to meet its fiscal deficit target, a senior credit analyst said, noting that the government's announcement last week on raising its borrowing target wasn't a surprise.
S&P: India Will Struggle to Meet Fiscal Deficit Aim
Standard & Poor's Ratings Services is maintaining its view that India will struggle to meet its fiscal deficit target, a senior credit analyst said, noting that the government's announcement last week on raising its borrowing target wasn't a surprise.
2011-10-03 02:26:
Companies in industries that rely heavily on hourly or low-wage workers, such as manufacturing, retail, food service, hospitality, health care and call centers, are exploring ways to provide more scheduling flexibility and control to a group that has rarely been offered such workplace benefits.
For Hourly Jobs, White-Collar Perks
Companies in industries that rely heavily on hourly or low-wage workers, such as manufacturing, retail, food service, hospitality, health care and call centers, are exploring ways to provide more scheduling flexibility and control to a group that has rarely been offered such workplace benefits.
2011-10-01 04:44:
Banks increasingly go to court and obtain "deficiency judgments" against former homeowners when foreclosure sales of houses don't bring enough to cover the full amount of the mortgage.
House Is Gone but Debt Lives On
Banks increasingly go to court and obtain "deficiency judgments" against former homeowners when foreclosure sales of houses don't bring enough to cover the full amount of the mortgage.
2011-10-01 03:40:
U.S. crude-oil prices have hit the skids, but drivers aren't feeling the impact at the gas pump. That means the economy won't get as much relief as benchmark crude prices would indicate.
Gas Prices Stay High as Oil Drops
U.S. crude-oil prices have hit the skids, but drivers aren't feeling the impact at the gas pump. That means the economy won't get as much relief as benchmark crude prices would indicate.
2011-09-30 17:55:
Rapidly rising wages in China have reached the point at which foreign manufacturers need to give up on the notion of China as a low-cost production base, a senior Hyundai executive said.
China's Low-Cost Image Fades
Rapidly rising wages in China have reached the point at which foreign manufacturers need to give up on the notion of China as a low-cost production base, a senior Hyundai executive said.
2011-09-30 15:09:
India's April-June current account deficit widened to $14.1 billion from $12.0 billion a year earlier due to a moderation in receipts from transportation, software and business services, raising concerns of a worsening external balance situation, central bank data showed.
India April-June Current Account Deficit Widens to $14.1 Billion
India's April-June current account deficit widened to $14.1 billion from $12.0 billion a year earlier due to a moderation in receipts from transportation, software and business services, raising concerns of a worsening external balance situation, central bank data showed.
2011-09-30 14:37:
The income of Americans fell for the first time in nearly two years during August, while spending increased a bit.
Personal Income Drops
The income of Americans fell for the first time in nearly two years during August, while spending increased a bit.
2011-09-30 11:20:
The annual rate of inflation in the 17 countries that share the euro surged to its highest level in almost three years in September, while the number of people without work fell slightly.
Euro-Zone Inflation Surges
The annual rate of inflation in the 17 countries that share the euro surged to its highest level in almost three years in September, while the number of people without work fell slightly.
2011-09-30 10:00:
Japan's finance minister sent a fresh warning against the yen's strength with a plan to expand the nation's currency-market intervention arsenal.
Japan to Expand Yen-Intervention War Chest
Japan's finance minister sent a fresh warning against the yen's strength with a plan to expand the nation's currency-market intervention arsenal.
2011-09-30 09:00:
The final HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, was unchanged at 49.9 in September compared with 49.9 in August.
China's Manufacturing Steady
The final HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, was unchanged at 49.9 in September compared with 49.9 in August.
2011-09-30 07:32:
The final HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, was unchanged at 49.9 in September compared with 49.9 in August.
China's Manufacturing Steady in September
The final HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, was unchanged at 49.9 in September compared with 49.9 in August.
2011-09-30 05:40:
The final HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, was unchanged at 49.9 in September compared with 49.9 in August.
September HSBC China PMI Steady Versus August
The final HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, was unchanged at 49.9 in September compared with 49.9 in August.
2011-09-30 03:37:
Japanese industrial production continues to bounce back, rising for the fifth-straight month in August, but the outlook remains murky.
Japan Output Continues Recovery, but Outlook Murky
Japanese industrial production continues to bounce back, rising for the fifth-straight month in August, but the outlook remains murky.
2011-09-30 01:45:
"Operation Twist" might be more powerful than many investors expect. Some bond-market strategists believe it could in some ways do as much?or more?for the bond market than its predecessor, known as QE2.
Fed's Twist May Prompt Bigger Turn
"Operation Twist" might be more powerful than many investors expect. Some bond-market strategists believe it could in some ways do as much?or more?for the bond market than its predecessor, known as QE2.
2011-09-30 00:40:
The index of pending home sales, which reflects contracts signed but deals not yet closed, fell to 88.6 from 89.7 in July.
Home-Sales Index Shows More Clouds on Horizon
The index of pending home sales, which reflects contracts signed but deals not yet closed, fell to 88.6 from 89.7 in July.
2011-09-29 21:24:
U.S. oil demand in July fell by 4% from a year earlier to 18.555 million barrels a day and was the lowest level for the month since 1996, revised government data show.
U.S. Oil Demand Fell in July
U.S. oil demand in July fell by 4% from a year earlier to 18.555 million barrels a day and was the lowest level for the month since 1996, revised government data show.
2011-09-29 20:36:
The index of pending home sales, which reflects contracts signed but deals not yet closed, fell to 88.6 from 89.7 in July.
Pending Home Sales Index Tumbles
The index of pending home sales, which reflects contracts signed but deals not yet closed, fell to 88.6 from 89.7 in July.
2011-09-29 17:39:
Rapidly rising wages in China have reached the point at which foreign manufacturers need to give up on the notion of China as a low-cost production base, a senior Hyundai executive said.
In China, Rising Wages Erode Low-Cost Image
Rapidly rising wages in China have reached the point at which foreign manufacturers need to give up on the notion of China as a low-cost production base, a senior Hyundai executive said.
2011-09-29 16:41:
Fixed mortgage rates sank to record lows over the past week following the Fed's decision to lengthen the average maturity of its massive balance sheet, according to Freddie Mac.
Mortgage Rates Hit Record Lows
Fixed mortgage rates sank to record lows over the past week following the Fed's decision to lengthen the average maturity of its massive balance sheet, according to Freddie Mac.
2011-09-29 15:31:
Bernanke signaled he is prepared to take more unconventional policy steps if the weak U.S. economy worsens and called the high unemployment rate was "a national crisis."
Bernanke: Fed Prepared to Act
Bernanke signaled he is prepared to take more unconventional policy steps if the weak U.S. economy worsens and called the high unemployment rate was "a national crisis."
2011-09-29 10:35:
The U.K. government's austerity program may push the economy back into recession and fail to achieve its goal of cutting the budget deficit, former U.S. Treasury Secretary Larry Summers said.
Ex-Treasury Chief Warns U.K. on Cuts
The U.K. government's austerity program may push the economy back into recession and fail to achieve its goal of cutting the budget deficit, former U.S. Treasury Secretary Larry Summers said.
2011-09-29 08:32:
U.K. property prices were little changed in September as demand from home buyers remained low amid a weakening global economic outlook, mortgage lender Nationwide Building Society said.
U.K. House Prices Remain Flat
U.K. property prices were little changed in September as demand from home buyers remained low amid a weakening global economic outlook, mortgage lender Nationwide Building Society said.
2011-09-29 04:32:
For the first time in U.S. history, the single largest group of poor children isn't white. The 6.1 million Hispanic children who lived in poverty last year exceeded any other group.
Largest Group of Poor Children Are Latino
For the first time in U.S. history, the single largest group of poor children isn't white. The 6.1 million Hispanic children who lived in poverty last year exceeded any other group.
2011-09-29 03:58:
Lupin expects a faster pace of generic drug launches in the key U.S. market over the next two financial years, as the Indian generic drug maker eyes lucrative opportunities from a wave of patent expirations there.
Lupin Sees U.S. Generic-Drug Pickup
Lupin expects a faster pace of generic drug launches in the key U.S. market over the next two financial years, as the Indian generic drug maker eyes lucrative opportunities from a wave of patent expirations there.
2011-09-29 02:04:
In little more than a month, copper has careened into a bear market, catching commodities traders off guard and triggering alarm bells across financial markets.
Copper Fall Hints at Broader Pains
In little more than a month, copper has careened into a bear market, catching commodities traders off guard and triggering alarm bells across financial markets.
2011-09-29 00:02:
A federal initiative that gives bridge loans to homeowners struggling to make mortgage payments will likely pay out less than half the $1 billion that Congress allotted for the program.
Mortgage-Aid Effort Falls Short of Goal
A federal initiative that gives bridge loans to homeowners struggling to make mortgage payments will likely pay out less than half the $1 billion that Congress allotted for the program.
2011-09-28 22:30:
U.S. businesses kept spending on machinery, computers and other long-lasting equipment in August despite the month's financial turmoil, in what economists said was an encouraging sign for the economy.
U.S. Durable-Goods Orders Inch Down
U.S. businesses kept spending on machinery, computers and other long-lasting equipment in August despite the month's financial turmoil, in what economists said was an encouraging sign for the economy.
2011-09-28 18:42:
State and federal taxes are rising for employers across the U.S. as states struggle to repay federal loans for unemployment benefits, including more than $1 billion in interest due Friday.
Benefits Tax Hits Firms Twice
State and federal taxes are rising for employers across the U.S. as states struggle to repay federal loans for unemployment benefits, including more than $1 billion in interest due Friday.
2011-09-28 17:58:
A provision in Dodd-Frank gave businesses a way to earn interest on large balances held by banks. But now, many don't want it, instead relying on other ways to earn money on deposits.
For Some Firms, No Interest in Interest
A provision in Dodd-Frank gave businesses a way to earn interest on large balances held by banks. But now, many don't want it, instead relying on other ways to earn money on deposits.
2011-09-28 17:58:
Federal Reserve officials are hitting the public-speaking circuit to defend their latest attempt to boost the economy, describing the action as prudent and necessary.
Fed Officials Hit Road to Defend Push
Federal Reserve officials are hitting the public-speaking circuit to defend their latest attempt to boost the economy, describing the action as prudent and necessary.
2011-09-28 17:34:
Orders for long-lasting goods unexpectedly fell during August, the second drop in three months as manufacturers struggle with a bad economy.
U.S. Durable-Goods Orders Fall
Orders for long-lasting goods unexpectedly fell during August, the second drop in three months as manufacturers struggle with a bad economy.
2011-09-28 16:41:
The Bank of England's new Financial Policy Committee is already bumping up against limitations?well before it gets formal powers in 2013.
Rising Specter of U.K. Credit Crunch
The Bank of England's new Financial Policy Committee is already bumping up against limitations?well before it gets formal powers in 2013.
2011-09-28 15:58:
Orders for long-lasting goods unexpectedly fell during August, the second drop in three months as manufacturers struggle with a bad economy.
U.S. Durable-Goods Orders Decline
Orders for long-lasting goods unexpectedly fell during August, the second drop in three months as manufacturers struggle with a bad economy.
2011-09-28 14:15:
Finland's parliament approved legislation implementing Europe's amended temporary bailout fund in a final vote. Lawmakers voted 103 for and 66 against the legislation.
Finland Backs Boost to Bailout Fund
Finland's parliament approved legislation implementing Europe's amended temporary bailout fund in a final vote. Lawmakers voted 103 for and 66 against the legislation.
2011-09-28 13:34:
The Japanese government and ruling party agreed plans to spend 12 trillion yen ($156 billion) and rely less on tax increases to cover the cost of post-quake reconstruction.
Japan Government Announces $156 billion Spending Plan
The Japanese government and ruling party agreed plans to spend 12 trillion yen ($156 billion) and rely less on tax increases to cover the cost of post-quake reconstruction.
2011-09-28 13:28:
India's poor supply responses to rising demand for protein-rich food aren't helping to lower the inflation rate, Subir Gokarn, a deputy governor of the Reserve Bank of India, said.
RBI Official: India's Weak Supply Responses Stoking Inflation
India's poor supply responses to rising demand for protein-rich food aren't helping to lower the inflation rate, Subir Gokarn, a deputy governor of the Reserve Bank of India, said.
2011-09-28 13:02:
Vince Cable, U.K. business secretary, said the government was encouraging debate within the Bank of England to design a phase of monetary-policy stimulus in response to the renewed risk of a global slowdown.
U.K. Working Toward Stimulus
Vince Cable, U.K. business secretary, said the government was encouraging debate within the Bank of England to design a phase of monetary-policy stimulus in response to the renewed risk of a global slowdown.
2011-09-28 12:31:
The European Commission outlined its proposal for a tax on financial transactions, targeting exchanges of shares, bonds and derivatives in a move that is likely to run into opposition from some governments.
EU Details Planned Transaction Tax
The European Commission outlined its proposal for a tax on financial transactions, targeting exchanges of shares, bonds and derivatives in a move that is likely to run into opposition from some governments.
2011-09-28 08:53:
French GDP was flat in the second quarter, national statistics agency Insee confirmed, after an uncharacteristically robust first quarter reading.
French GDP Confirmed Flat
French GDP was flat in the second quarter, national statistics agency Insee confirmed, after an uncharacteristically robust first quarter reading.
2011-09-28 06:10:
Like the recovering auto industry, Detroit's housing market is showing signs of new life, as the region was one of only two to post higher prices in July than a year earlier.
Housing Revs Up in Detroit
Like the recovering auto industry, Detroit's housing market is showing signs of new life, as the region was one of only two to post higher prices in July than a year earlier.
2011-09-28 01:15:
Health-insurance premiums paid by employers rose sharply this year, with the average annual cost of family coverage topping $15,000.
Employers' Health-Care Premiums Jump 9%
Health-insurance premiums paid by employers rose sharply this year, with the average annual cost of family coverage topping $15,000.
2011-09-27 21:08:
The health-insurance premiums paid by employers rose sharply this year, with the average annual cost of family coverage passing the $15,000 mark for the first time, according to a major survey.
Employers' Health Premiums Jump
The health-insurance premiums paid by employers rose sharply this year, with the average annual cost of family coverage passing the $15,000 mark for the first time, according to a major survey.
2011-09-27 17:52:
U.S. home prices rose in July from a month earlier with a boost from seasonal demand, but were down from 2010 levels, according to the Standard & Poor's Case-Shiller home-price indexes.
U.S. Home Prices Post Rise
U.S. home prices rose in July from a month earlier with a boost from seasonal demand, but were down from 2010 levels, according to the Standard & Poor's Case-Shiller home-price indexes.
2011-09-27 17:41:
The health-insurance premiums paid by employers rose sharply this year, with the average annual cost of family coverage passing the $15,000 mark for the first time, according to a major survey.
Employer Health Premiums Rise Sharply
The health-insurance premiums paid by employers rose sharply this year, with the average annual cost of family coverage passing the $15,000 mark for the first time, according to a major survey.
2011-09-27 15:39:
U.S. home prices rose in July from a month earlier with a boost from seasonal demand, but were down from 2010 levels, according to the Standard & Poor's Case-Shiller home-price indexes.
U.S. Home Prices Post Seasonal Rise
U.S. home prices rose in July from a month earlier with a boost from seasonal demand, but were down from 2010 levels, according to the Standard & Poor's Case-Shiller home-price indexes.
2011-09-27 12:32:
U.K. retail sales were lower in September from a year earlier and retailers expect sales to weaken further next month, the latest sign that the economy is slowing.
U.K. Retail Sales Weaken
U.K. retail sales were lower in September from a year earlier and retailers expect sales to weaken further next month, the latest sign that the economy is slowing.
2011-09-27 09:53:
Euro-zone banks' overnight deposits with the European Central Bank rose to the highest amount so far this year, signaling persisting market uncertainty.
Banks Seek Safety at ECB
Euro-zone banks' overnight deposits with the European Central Bank rose to the highest amount so far this year, signaling persisting market uncertainty.
2011-09-27 04:03:
A budget deadlock that had raised the risk of a federal government shutdown was broken Monday, as the Senate approved a short-term funding measure and the House appeared likely to follow suit.
Stopgap Fix Ends Budget Impasse
A budget deadlock that had raised the risk of a federal government shutdown was broken Monday, as the Senate approved a short-term funding measure and the House appeared likely to follow suit.
2011-09-27 03:45:
An extraordinary dry spell in the market for long-term European bank funding is amplifying pressure on policy makers to devise a solution to the Continent's banking crisis.
Europe's Banks Face New Squeeze
An extraordinary dry spell in the market for long-term European bank funding is amplifying pressure on policy makers to devise a solution to the Continent's banking crisis.
2011-09-27 03:32:
Risks of entrenched unemployment are increasing in the G-20 advanced and emerging nations as economic activity slows, the OECD and the International Labor Office said.
G-20 Urged to Focus on Employment
Risks of entrenched unemployment are increasing in the G-20 advanced and emerging nations as economic activity slows, the OECD and the International Labor Office said.
2011-09-27 02:40:
A budget deadlock that had raised the risk of a federal government shutdown was broken Monday, as the Senate approved a short-term funding measure and the House appeared likely to follow suit.
Budget Deadlock Is Broken
A budget deadlock that had raised the risk of a federal government shutdown was broken Monday, as the Senate approved a short-term funding measure and the House appeared likely to follow suit.
2011-09-27 02:17:
Many Americans believe low-priced Chinese imports kill U.S. factory jobs. Most economists say the benefits of the trade far outweigh its costs. But new research suggests the damage to the U.S. has been deeper than these economists have supposed.
Tallying the Toll of U.S.-China Trade
Many Americans believe low-priced Chinese imports kill U.S. factory jobs. Most economists say the benefits of the trade far outweigh its costs. But new research suggests the damage to the U.S. has been deeper than these economists have supposed.
2011-09-27 01:39:
A deal to push the latest budget impasse in Congress into next week came into view Monday, as the Senate was cleared to vote Monday evening on a broader measure aimed at averting a partial government shutdown.
Budget Deal Is Closer---For Now
A deal to push the latest budget impasse in Congress into next week came into view Monday, as the Senate was cleared to vote Monday evening on a broader measure aimed at averting a partial government shutdown.
2011-09-27 01:18:
Spain's central bank is poised to take over three more ailing savings banks this week and will likely receive nonbinding offers for mid-sized lender Caja de Ahorros del Mediterráneo as the government approaches the end of its effort to clean up the sector.
Spain Battles to Aid Banks
Spain's central bank is poised to take over three more ailing savings banks this week and will likely receive nonbinding offers for mid-sized lender Caja de Ahorros del Mediterráneo as the government approaches the end of its effort to clean up the sector.
2011-09-27 00:38:
New-home sales fell for the fourth-straight month in August to the lowest level in a half year as the bursting of the housing bubble continued to weigh on the U.S. economic recovery.
New Homes Again Log Slow Sales
New-home sales fell for the fourth-straight month in August to the lowest level in a half year as the bursting of the housing bubble continued to weigh on the U.S. economic recovery.
2011-09-27 00:18:
British economist David Ricardo changed how people think about trade when he came up with the theory of comparative advantage: Countries do best, he said, by concentrating on their strengths, and then trading with others for everything else.
Ricardo Backed Specialization for Nations
British economist David Ricardo changed how people think about trade when he came up with the theory of comparative advantage: Countries do best, he said, by concentrating on their strengths, and then trading with others for everything else.
2011-09-26 23:41:
Many Americans believe low-priced Chinese imports kill U.S. factory jobs. Most economists say the benefits of the trade far outweigh its costs. But new research suggests the damage to the U.S. has been deeper than these economists have supposed.
China Trade Takes a Toll in U.S.
Many Americans believe low-priced Chinese imports kill U.S. factory jobs. Most economists say the benefits of the trade far outweigh its costs. But new research suggests the damage to the U.S. has been deeper than these economists have supposed.
2011-09-26 20:50:
New-home sales fell for the fourth-straight month in August to the lowest level in a half year as the bursting of the housing bubble continues to plague the U.S. economy.
New-Home Sales Drop
New-home sales fell for the fourth-straight month in August to the lowest level in a half year as the bursting of the housing bubble continues to plague the U.S. economy.
2011-09-26 16:36:
China's central bank has set the yuan's official guidepost at a new high even as global investors continued to push the currency lower.
China Guides Yuan Higher
China's central bank has set the yuan's official guidepost at a new high even as global investors continued to push the currency lower.
2011-09-26 16:24:
New-home sales fell for the fourth-straight month in August as the bursting of the housing bubble continues to plague the U.S. economy.
New Home Sales Drop
New-home sales fell for the fourth-straight month in August as the bursting of the housing bubble continues to plague the U.S. economy.
2011-09-26 15:23:
Risks of entrenched unemployment are increasing in the Group of 20 advanced and emerging nations as economic activity slows, the Organization for Economic Co-operation and Development and the International Labour Office said.
G-20 Given Jobs Warning
Risks of entrenched unemployment are increasing in the Group of 20 advanced and emerging nations as economic activity slows, the Organization for Economic Co-operation and Development and the International Labour Office said.
2011-09-26 15:03:
Despite global economic tumult, Beijing appears determined to continue guiding the yuan higher to tackle inflation even as investors put downward pressure on the currency.
China Sets Yuan Post at Record
Despite global economic tumult, Beijing appears determined to continue guiding the yuan higher to tackle inflation even as investors put downward pressure on the currency.
2011-09-26 14:31:
Despite global economic tumult, Beijing appears determined to continue guiding the yuan higher to tackle inflation even as investors put downward pressure on the currency.
China Central Bank Sets Yuan Post at Record
Despite global economic tumult, Beijing appears determined to continue guiding the yuan higher to tackle inflation even as investors put downward pressure on the currency.
2011-09-26 02:44:
European officials are debating ways to boost the firepower of their financial-bailout fund after the world's finance ministers, worried about the potential for a market meltdown, ratcheted up pressure on euro-zone officials to act.
Europe Split on Rescue Plan
European officials are debating ways to boost the firepower of their financial-bailout fund after the world's finance ministers, worried about the potential for a market meltdown, ratcheted up pressure on euro-zone officials to act.
2011-09-25 09:48:
Russian Finance Minister Alexei Kudrin said he would decline a post in Russia's next government just hours after Vladimir Putin announced he would stand for president in 2012 elections.
Russia's Kudrin Eyes Exit, Cites Policy Differences
Russian Finance Minister Alexei Kudrin said he would decline a post in Russia's next government just hours after Vladimir Putin announced he would stand for president in 2012 elections.
2011-09-24 20:49:
Eroding trust in Europe's financial system increasingly is putting banks outside the euro zone on guard.
Markets Skittish About Europe's Banks
Eroding trust in Europe's financial system increasingly is putting banks outside the euro zone on guard.
2011-09-24 20:41:
The selling that has washed over financial markets in recent weeks swamped precious metals, sending gold and silver plummeting and raising the stakes for weekend meetings of global finance officials.
Market Rout Claims New Victim
The selling that has washed over financial markets in recent weeks swamped precious metals, sending gold and silver plummeting and raising the stakes for weekend meetings of global finance officials.
2011-09-24 03:27:
The huge selloff in Indonesia and some other similar markets is a reminder of how quickly global capital flight can spread even to countries with strong economic fundamentals.
Turmoil Hits Even Asia's Bastions
The huge selloff in Indonesia and some other similar markets is a reminder of how quickly global capital flight can spread even to countries with strong economic fundamentals.
2011-09-24 01:39:
The selling that has washed over financial markets in recent weeks swamped precious metals, sending gold and silver plummeting and raising the stakes for weekend meetings of global finance officials.
Market Rout Claims New Victim: Precious Metals
The selling that has washed over financial markets in recent weeks swamped precious metals, sending gold and silver plummeting and raising the stakes for weekend meetings of global finance officials.
2011-09-24 01:19:
Eroding trust in Europe's financial system increasingly is putting banks outside the euro zone on guard.
Global Markets Skittish About Europe's Banks
Eroding trust in Europe's financial system increasingly is putting banks outside the euro zone on guard.
2011-09-23 21:05:
New doubts about Greece's ability to secure further aid and avoid default emerged as European officials pressed for decisive steps.
New Doubts on Aid for Greece
New doubts about Greece's ability to secure further aid and avoid default emerged as European officials pressed for decisive steps.
2011-09-23 19:06:
Downside risks to the global economy are compounding, creating a crisis of confidence in markets around the globe, Christine Lagarde, head of the International Monetary Fund, told finance ministers and central bankers at the IMF and World Bank's fall meetings.
IMF Chief Warns of Compounding Risks
Downside risks to the global economy are compounding, creating a crisis of confidence in markets around the globe, Christine Lagarde, head of the International Monetary Fund, told finance ministers and central bankers at the IMF and World Bank's fall meetings.
2011-09-23 17:53:
Remember supply and demand? The quaint notion that these two set metals prices has been battered by Ben Bernanke and Beijing. Volatile markets, such as this week's, are the result.
Ben and Beijing Corrode Metal Markets
Remember supply and demand? The quaint notion that these two set metals prices has been battered by Ben Bernanke and Beijing. Volatile markets, such as this week's, are the result.
2011-09-23 03:35:
Global investors dumped everything from stocks to corporate bonds to foreign currencies and fled to the relative safety of U.S. Treasurys on fears of another recession and a Greek debt default.
Markets Swoon on Recession Fears
Global investors dumped everything from stocks to corporate bonds to foreign currencies and fled to the relative safety of U.S. Treasurys on fears of another recession and a Greek debt default.
2011-09-23 02:03:
Times may be tough for companies with poor credit, but for well-heeled corporate borrowers it's a different world.
Deal Credit Gushes at Top
Times may be tough for companies with poor credit, but for well-heeled corporate borrowers it's a different world.
2011-09-23 01:52:
A preliminary gauge of China's manufacturing activity fell in September, indicating that growth in the world's second-largest economy continued to slow.
China's Factory Activity Slipped in September
A preliminary gauge of China's manufacturing activity fell in September, indicating that growth in the world's second-largest economy continued to slow.
2011-09-23 01:43:
The global economy is showing new signs of faltering while policy makers express rising alarm about their inability to agree on how to respond.
Heightened Worries of a Double-Dip
The global economy is showing new signs of faltering while policy makers express rising alarm about their inability to agree on how to respond.
2011-09-23 01:34:
Mortgage lending declined last year amid weak demand and tight credit standards, with particularly sharp credit contractions in neighborhoods with many foreclosures, a Fed report said.
Housing Slump Hits New Mortgage Loans
Mortgage lending declined last year amid weak demand and tight credit standards, with particularly sharp credit contractions in neighborhoods with many foreclosures, a Fed report said.
2011-09-22 23:43:
Fed Chairman Ben Bernanke has made clear his mindset about post-bubble economics: Keep experimenting as long as the economy is stumbling and inflation is muted.
All Eyes on Bernanke's Next Move
Fed Chairman Ben Bernanke has made clear his mindset about post-bubble economics: Keep experimenting as long as the economy is stumbling and inflation is muted.
2011-09-22 22:24:
Nathan Sheets, who retired as director of the Fed's international affairs group this summer, said Thursday he believed the central bank would pause for a while after taking unconventional steps in August and September to bring down long-term interest rates as it assesses the impact of its actions.
Ex-Official Expects Fed to Pause for a While
Nathan Sheets, who retired as director of the Fed's international affairs group this summer, said Thursday he believed the central bank would pause for a while after taking unconventional steps in August and September to bring down long-term interest rates as it assesses the impact of its actions.
2011-09-22 21:26:
World finance officials face a burgeoning global crisis with decreasing options to respond, top international leaders warned Thursday, urging Europe to act swiftly to address the region's woes to avoid a global-economic contagion.
Economic Leaders Warn on Growing Crisis
World finance officials face a burgeoning global crisis with decreasing options to respond, top international leaders warned Thursday, urging Europe to act swiftly to address the region's woes to avoid a global-economic contagion.
2011-09-22 19:25:
Many of the nation's most educated people continue to cluster in a handful of dominant metropolitan areas such as Boston, New York and California's Silicon Valley, according to census data.
Select U.S. Cities See Brain Gain
Many of the nation's most educated people continue to cluster in a handful of dominant metropolitan areas such as Boston, New York and California's Silicon Valley, according to census data.
2011-09-22 19:08:
The global economy is showing new signs of faltering while policymakers express rising alarm about their inability to agree on how to respond.
World Economies Enter 'Danger Zone'
The global economy is showing new signs of faltering while policymakers express rising alarm about their inability to agree on how to respond.
2011-09-22 18:12:
The EPA will enforce a three-year-old ozone standard after the White House pulled the plug on an updated measure opposed by business groups.
EPA to Enforce Earlier Ozone Standard
The EPA will enforce a three-year-old ozone standard after the White House pulled the plug on an updated measure opposed by business groups.
2011-09-22 16:29:
Ireland's economy grew strongly in the second quarter despite cutbacks in government spending, boosting hopes that it can stick to the terms of its bailout program.
Ireland Posts Growth Despite Cutbacks
Ireland's economy grew strongly in the second quarter despite cutbacks in government spending, boosting hopes that it can stick to the terms of its bailout program.
2011-09-22 14:05:
The prospect of Europe falling back into recession came a step closer following the latest batch of dire economic data.
Euro-Zone Economy in Retreat
The prospect of Europe falling back into recession came a step closer following the latest batch of dire economic data.
2011-09-22 13:11:
Ireland's economy grew strongly in the second quarter despite cutbacks in government spending, boosting hopes that it can stick to the terms of its bailout program and return to bond markets in 2013.
Celtic Tiger Purrs
Ireland's economy grew strongly in the second quarter despite cutbacks in government spending, boosting hopes that it can stick to the terms of its bailout program and return to bond markets in 2013.
2011-09-22 13:08:
The Italian government approved new economic growth forecasts, cutting sharply the projections it made in the early summer.
Italy Slashes Growth Forecasts
The Italian government approved new economic growth forecasts, cutting sharply the projections it made in the early summer.
2011-09-22 11:42:
Business activity in the euro zone contracted in September, raising the threat of a renewed downturn in the economy as a whole. Factory orders rose in July at the weakest year-to-year pace since November 2009.
Euro-Zone Data Suggest Slowdown
Business activity in the euro zone contracted in September, raising the threat of a renewed downturn in the economy as a whole. Factory orders rose in July at the weakest year-to-year pace since November 2009.
2011-09-22 11:33:
Food prices in India edged higher in the week ended Sept. 10 as protein-rich foods kept becoming more expensive, offsetting a decline in vegetable and fruit prices and putting paid to hopes that inflationary pressures will ease anytime soon.
India Food Prices Edge Higher
Food prices in India edged higher in the week ended Sept. 10 as protein-rich foods kept becoming more expensive, offsetting a decline in vegetable and fruit prices and putting paid to hopes that inflationary pressures will ease anytime soon.
2011-09-22 10:20:
Business activity in the 17 nations that use the euro contracted in September, marking the end of a two-year run of growth, preliminary results from a survey showed.
Euro-Zone Business Activity Slows
Business activity in the 17 nations that use the euro contracted in September, marking the end of a two-year run of growth, preliminary results from a survey showed.
2011-09-22 09:49:
Business activity in Europe's biggest economy slowed to a near-standstill in September, adding to concerns about the health of the region's economy as its sovereign-debt crisis grinds on.
German Business Activity Slows
Business activity in Europe's biggest economy slowed to a near-standstill in September, adding to concerns about the health of the region's economy as its sovereign-debt crisis grinds on.
2011-09-22 06:44:
Many of the nation's most educated people continue to cluster in a handful of dominant metropolitan areas such as Boston, New York and California's Silicon Valley, according to census data.
Select Cities See Brain Gain
Many of the nation's most educated people continue to cluster in a handful of dominant metropolitan areas such as Boston, New York and California's Silicon Valley, according to census data.
2011-09-22 06:14:
Italy's next round of austerity measures, including the sale of public property and privatization of some public services, will be presented in Parliament in a matter of "weeks, if not days," the country's foreign affairs minister Franco Frattini said Wednesday.
Italy's Frattini Sees Next Austerity Package Soon
Italy's next round of austerity measures, including the sale of public property and privatization of some public services, will be presented in Parliament in a matter of "weeks, if not days," the country's foreign affairs minister Franco Frattini said Wednesday.
2011-09-22 06:09:
Adam Posen, a U.S. economist on the Bank of England's nine-member monetary policy committee, offers a critique of conventional central-bank wisdom.
BOE's Posen Says Old Banker Habits Die Hard
Adam Posen, a U.S. economist on the Bank of England's nine-member monetary policy committee, offers a critique of conventional central-bank wisdom.
2011-09-22 04:23:
Sales of previously occupied homes in the U.S. rose in August to the highest level in five months but remained weak overall as the sputtering housing market fails to propel the economy.
Home Resales Up, But Remain Weak
Sales of previously occupied homes in the U.S. rose in August to the highest level in five months but remained weak overall as the sputtering housing market fails to propel the economy.
2011-09-22 02:04:
Italy's next round of austerity measures, including the sale of public property and privatization of some public services, will be presented in Parliament in a matter of "weeks, if not days," the country's foreign affairs minister Franco Frattini said Wednesday.
Italy Foreign Minister Sees Next Austerity Packet Soon
Italy's next round of austerity measures, including the sale of public property and privatization of some public services, will be presented in Parliament in a matter of "weeks, if not days," the country's foreign affairs minister Franco Frattini said Wednesday.
2011-09-22 01:41:
Federal Reserve Chairman Ben Bernanke, acting more aggressively than expected, launched a new package of measures to support a limping economy and once again took the kind of unconventional approach that has become a trademark of his tumultuous five-year tenure running the central bank.
Fed Launches New Stimulus
Federal Reserve Chairman Ben Bernanke, acting more aggressively than expected, launched a new package of measures to support a limping economy and once again took the kind of unconventional approach that has become a trademark of his tumultuous five-year tenure running the central bank.
2011-09-21 22:37:
The Fed took another unconventional step to boost the economy, saying it would increase its share of longer-term Treasurys by $400 billion and reinvest in mortgage-related debt.
Fed Shifts Bond Portfolio
The Fed took another unconventional step to boost the economy, saying it would increase its share of longer-term Treasurys by $400 billion and reinvest in mortgage-related debt.
2011-09-21 16:03:
Sales of previously occupied homes in the U.S. rose in August to the highest level in five months but remained weak from a historical perspective.
Home Resales Climb
Sales of previously occupied homes in the U.S. rose in August to the highest level in five months but remained weak from a historical perspective.
2011-09-21 06:01:
The first forecasts for year-end retail sales are out, and they are pointing to more muted gains than retailers saw last year.
No Joy in Holiday Retail Forecast
The first forecasts for year-end retail sales are out, and they are pointing to more muted gains than retailers saw last year.
2011-09-21 04:43:
Economists, builders and mortgage analysts are predicting the weakened U.S. economy will depress housing prices for years.
Home Forecast Calls for Pain
Economists, builders and mortgage analysts are predicting the weakened U.S. economy will depress housing prices for years.
2011-09-21 04:43:
The government of Prime Minister Silvio Berlusconi lashed out at ratings agency Standard & Poor's Corp. for downgrading Italy's sovereign rating.
Berlusconi Lashes Out at S&P
The government of Prime Minister Silvio Berlusconi lashed out at ratings agency Standard & Poor's Corp. for downgrading Italy's sovereign rating.
2011-09-21 03:09:
Top Republican congressional leaders, in a rare effort to directly influence Fed policy, expressed reservations about the central bank taking additional steps to spur the recovery, saying further action could harm the economy.
GOP Leaders Urge Fed Not to Take Action
Top Republican congressional leaders, in a rare effort to directly influence Fed policy, expressed reservations about the central bank taking additional steps to spur the recovery, saying further action could harm the economy.
2011-09-21 01:27:
Congress once again found itself embroiled in a display of brinksmanship and the threat of a government shutdown, with Republicans and Democrats at odds over how to pay for disaster relief.
Shutdown Possible Over Disaster Aid
Congress once again found itself embroiled in a display of brinksmanship and the threat of a government shutdown, with Republicans and Democrats at odds over how to pay for disaster relief.
2011-09-20 17:05:
OPEC will be able to overcome the acrimony of its last meeting to reach agreement at the December meeting, but the extent of discussion on the organization's quota system depends on the state of the Libyan oil recovery, the organization's top official said.
OPEC Chief Optimistic on Accord at Next Meeting
OPEC will be able to overcome the acrimony of its last meeting to reach agreement at the December meeting, but the extent of discussion on the organization's quota system depends on the state of the Libyan oil recovery, the organization's top official said.
2011-09-20 10:27:
Italian industrial orders rose in July after falling sharply the month before, leaving the summer trend in negative territory, data from national statistics institute Istat showed.
Italian Industrial Orders Wobble
Italian industrial orders rose in July after falling sharply the month before, leaving the summer trend in negative territory, data from national statistics institute Istat showed.
2011-09-20 02:27:
The president threatened to veto any bill that cuts Medicare benefits without increasing taxes on corporations or the wealthy, setting his sharpest boundaries yet in negotiations over reducing the federal deficit.
Obama Yokes Benefit Cuts to New Taxes
The president threatened to veto any bill that cuts Medicare benefits without increasing taxes on corporations or the wealthy, setting his sharpest boundaries yet in negotiations over reducing the federal deficit.
2011-09-20 01:55:
Millions of Europeans who lost their jobs in countries hard-hit by the crisis won't see their prospects improve until companies believe labor is cheap enough to start hiring again.
Crisis, Wages Get Stuck in a Conundrum
Millions of Europeans who lost their jobs in countries hard-hit by the crisis won't see their prospects improve until companies believe labor is cheap enough to start hiring again.
2011-09-20 01:52:
The president threatened to veto any bill that cuts Medicare benefits without increasing taxes on corporations or the wealthy, setting his sharpest boundaries yet in negotiations over reducing the federal deficit.
Obama Ties Benefit Cuts to New Taxes
The president threatened to veto any bill that cuts Medicare benefits without increasing taxes on corporations or the wealthy, setting his sharpest boundaries yet in negotiations over reducing the federal deficit.
2011-09-20 01:50:
When White House aides recently suggested naming a new millionaires' tax the "Buffett Rule," President Barack Obama insisted they check with investing legend Warren Buffett first.
White House Sought Buffett's Approval
When White House aides recently suggested naming a new millionaires' tax the "Buffett Rule," President Barack Obama insisted they check with investing legend Warren Buffett first.
2011-09-20 00:55:
These aren't the most festive times for cruise line Carnival Corp.
Carnival Corp. Faces Middle-Class Malaise
These aren't the most festive times for cruise line Carnival Corp.
2011-09-19 14:34:
Fed officials, worried that a wobbly economy and their fractious debates are confusing the public, are examining whether to adopt more explicit economic targets to clarify their strategy for lowering unemployment without fueling inflation.
Fed Weighs Jobs, Inflation Targets
Fed officials, worried that a wobbly economy and their fractious debates are confusing the public, are examining whether to adopt more explicit economic targets to clarify their strategy for lowering unemployment without fueling inflation.
2011-09-19 03:11:
Obama is expected to offer a new plan to reduce the federal deficit by about $3 trillion over a decade, roughly half of which would come from tax increases, people familiar with the proposal said.
New Obama Deficit Plan
Obama is expected to offer a new plan to reduce the federal deficit by about $3 trillion over a decade, roughly half of which would come from tax increases, people familiar with the proposal said.
2011-09-19 02:57:
U.S. officials are struggling to navigate increasingly heated political environments on both sides of the Atlantic as they try to address the euro-zone turmoil.
U.S. Struggles for Traction on Europe Crisis
U.S. officials are struggling to navigate increasingly heated political environments on both sides of the Atlantic as they try to address the euro-zone turmoil.
2011-09-19 02:09:
Obama is expected to offer a new plan to reduce the federal deficit by about $3 trillion over a decade, roughly half of which would come from tax increases, people familiar with the proposal said.
Obama Proposes New Plan to Cut Deficit
Obama is expected to offer a new plan to reduce the federal deficit by about $3 trillion over a decade, roughly half of which would come from tax increases, people familiar with the proposal said.
2011-09-19 01:33:
Federal Reserve officials, worried that a wobbly economy and their fractious debates are confusing the public, are examining whether to adopt more explicit economic targets to clarify their strategy for lowering unemployment without fueling inflation.
Fed Ponders Jobs, Inflation Targets
Federal Reserve officials, worried that a wobbly economy and their fractious debates are confusing the public, are examining whether to adopt more explicit economic targets to clarify their strategy for lowering unemployment without fueling inflation.
2011-09-18 23:50:
World Bank President Robert Zoellick warned Europe can't count on cash-rich emerging nations to come to the euro zone's aid and said European leaders needed to make fundamental decisions about the direction of the currency union.
World Bank Chief Warns Europe
World Bank President Robert Zoellick warned Europe can't count on cash-rich emerging nations to come to the euro zone's aid and said European leaders needed to make fundamental decisions about the direction of the currency union.
2011-09-18 09:08:
Corporations have a higher share of cash on their balance sheets than at any time in nearly half a century, as businesses build up buffers rather than invest in new plants or hiring.
Companies Pile Up Cash
Corporations have a higher share of cash on their balance sheets than at any time in nearly half a century, as businesses build up buffers rather than invest in new plants or hiring.
2011-09-17 21:19:
For decades, advocates of "peak oil" have been predicting a crisis in energy supplies. They've been wrong.
There Will Be Oil
For decades, advocates of "peak oil" have been predicting a crisis in energy supplies. They've been wrong.
2011-09-17 12:11:
The U.S. Treasury secretary warned his European counterparts of the "catastrophic risk" of the swirling sovereign-debt crisis. But finance ministers reacted coolly to his sharp exhortations to bolder action.
Geithner Warns Europeans on Crisis
The U.S. Treasury secretary warned his European counterparts of the "catastrophic risk" of the swirling sovereign-debt crisis. But finance ministers reacted coolly to his sharp exhortations to bolder action.
2011-09-17 01:47:
Roche quit delivering drugs to some state-funded hospitals in Greece that haven't paid back bills and may take similar steps elsewhere in a sign of how the debt crisis is affecting consumers and companies.
Roche Keeps Drugs From Greek Hospitals
Roche quit delivering drugs to some state-funded hospitals in Greece that haven't paid back bills and may take similar steps elsewhere in a sign of how the debt crisis is affecting consumers and companies.
2011-09-17 01:45:
Corporations have a higher share of cash on their balance sheets than at any time in nearly half a century, as businesses build up buffers rather than invest in new plants or hiring.
Companies Shun Investment, Hoard Cash
Corporations have a higher share of cash on their balance sheets than at any time in nearly half a century, as businesses build up buffers rather than invest in new plants or hiring.
2011-09-16 23:57:
The majority of states saw their unemployment rates climb in August, as the nation's job market remained stuck in neutral.
State Unemployment Rose in August
The majority of states saw their unemployment rates climb in August, as the nation's job market remained stuck in neutral.
2011-09-16 23:10:
Corporations have a higher share of cash on their balance sheets than at any time in nearly half a century, as businesses build up buffers rather than invest in new plants or hiring.
Companies Hold More Cash
Corporations have a higher share of cash on their balance sheets than at any time in nearly half a century, as businesses build up buffers rather than invest in new plants or hiring.
2011-09-16 20:41:
The bank industry group negotiating Greece's debt refinancing is asking the IMF and major emerging markets to back a private-sector led plan for Athens to buy back $27.75 billion of its debt.
IMF Support Sought for Greek Plan
The bank industry group negotiating Greece's debt refinancing is asking the IMF and major emerging markets to back a private-sector led plan for Athens to buy back $27.75 billion of its debt.
2011-09-16 20:02:
The bank industry group negotiating Greece's debt refinancing is asking the IMF and major emerging markets to back a private-sector led plan for Athens to buy back $27.75 billion of its debt.
Bank Group Seeks Support for Greek Debt Proposal
The bank industry group negotiating Greece's debt refinancing is asking the IMF and major emerging markets to back a private-sector led plan for Athens to buy back $27.75 billion of its debt.
2011-09-16 18:42:
Efforts to boost euro-zone rescue measures met more opposition and delays, even as the region's finance ministers met in a bid to ease market tensions caused by escalating sovereign debt problems.
Dissent Persists as European Officials Discuss Crisis
Efforts to boost euro-zone rescue measures met more opposition and delays, even as the region's finance ministers met in a bid to ease market tensions caused by escalating sovereign debt problems.
2011-09-16 03:36:
House Speaker John Boehner wants Congress's deficit-reduction committee to initiate a broad rewrite of the tax code that closes loopholes without adding new tax revenue.
Boehner Pushes Tax Overhaul
House Speaker John Boehner wants Congress's deficit-reduction committee to initiate a broad rewrite of the tax code that closes loopholes without adding new tax revenue.
2011-09-16 02:34:
Economists see a one in three chance the U.S. will slip into recession over the next twelve months and doubt any steps the Federal Reserve might take at its meeting next week can change that.
Economists Say U.S. Recession Looks More Likely
Economists see a one in three chance the U.S. will slip into recession over the next twelve months and doubt any steps the Federal Reserve might take at its meeting next week can change that.
2011-09-16 01:48:
Jefferson County, Ala., officials are pressing for steeper concessions from holders of $3.14 billion in sewer debt before a scheduled vote that could result in the largest municipal bankruptcy in U.S. history.
Debt Showdown in Alabama
Jefferson County, Ala., officials are pressing for steeper concessions from holders of $3.14 billion in sewer debt before a scheduled vote that could result in the largest municipal bankruptcy in U.S. history.
2011-09-16 01:13:
Geithner assured Congress that the Obama administration and regulators are working with their international counterparts to see they adopt similar rules requiring market participants to back their over-the-counter derivatives trades with cash.
Global Standards Sought on Rules
Geithner assured Congress that the Obama administration and regulators are working with their international counterparts to see they adopt similar rules requiring market participants to back their over-the-counter derivatives trades with cash.
2011-09-16 00:36:
New claims for unemployment insurance rose to their highest level since June last week, in a worrying sign of a weakening U.S. job market.
Indicators Signal Recovery's Fragility
New claims for unemployment insurance rose to their highest level since June last week, in a worrying sign of a weakening U.S. job market.
2011-09-15 21:08:
Esther George, operating chief at the Fed Bank of Kansas City, will succeed retiring bank president Thomas Hoenig on Oct. 1.
Kansas City Fed Names President
Esther George, operating chief at the Fed Bank of Kansas City, will succeed retiring bank president Thomas Hoenig on Oct. 1.
2011-09-15 20:07:
Economists see a one in three chance the U.S. will slip into recession over the next twelve months and doubt any steps the Federal Reserve might take at its meeting next week can change that.
Economists Raise Recession Odds
Economists see a one in three chance the U.S. will slip into recession over the next twelve months and doubt any steps the Federal Reserve might take at its meeting next week can change that.
2011-09-15 19:04:
Esther George, first vice president and chief operating officer at the Federal Reserve Bank of Kansas City, will succeed departing bank president Thomas Hoenig on his retirement on Oct. 1.
Kansas City Fed Names George as President
Esther George, first vice president and chief operating officer at the Federal Reserve Bank of Kansas City, will succeed departing bank president Thomas Hoenig on his retirement on Oct. 1.
2011-09-15 18:08:
The Organization for Economic Cooperation and Development said it doesn't expect unemployment to quickly fall from its high levels and urged governments to introduce measures to encourage hiring.
OECD Seeks Action on Unemployment
The Organization for Economic Cooperation and Development said it doesn't expect unemployment to quickly fall from its high levels and urged governments to introduce measures to encourage hiring.
2011-09-15 17:00:
Five major central banks will conduct three dollar-liquidity providing tenders before the end of the year in a move to offset shortages of dollars at European businesses.
Central Banks Boost Dollar Liquidity
Five major central banks will conduct three dollar-liquidity providing tenders before the end of the year in a move to offset shortages of dollars at European businesses.
2011-09-15 16:35:
Spain said it will temporarily reinstate a tax on its wealthiest citizens, a measure designed to help close one of Europe's largest budget gaps while easing voter discontent with spending cuts.
Spain to Impose New Wealth Tax
Spain said it will temporarily reinstate a tax on its wealthiest citizens, a measure designed to help close one of Europe's largest budget gaps while easing voter discontent with spending cuts.
2011-09-15 15:58:
Euro-area finance ministers will gather in Poland on Friday to seek agreement on several debt-crisis-fighting measures left unresolved despite weeks of talks.
Talks Aim to Jump-Start Bailout
Euro-area finance ministers will gather in Poland on Friday to seek agreement on several debt-crisis-fighting measures left unresolved despite weeks of talks.
2011-09-15 14:40:
Food and energy prices pushed up consumer prices last month as underlying inflation remained tame. Jobless claims last week hit their highest level in more than two months.
Food, Energy Push Up Prices
Food and energy prices pushed up consumer prices last month as underlying inflation remained tame. Jobless claims last week hit their highest level in more than two months.
2011-09-15 14:27:
The European Commission cut its growth forecast for the euro-zone economy, with the bloc's central bank linking Europe's chronic debt crisis with slowing economic output.
Euro-Zone Growth Forecast Cut
The European Commission cut its growth forecast for the euro-zone economy, with the bloc's central bank linking Europe's chronic debt crisis with slowing economic output.
2011-09-15 12:57:
The Organization for Economic Cooperation and Development said it doesn't expect unemployment to quickly fall from its high levels and urged governments to introduce measures to encourage hiring.
OECD Calls for Action on Unemployment
The Organization for Economic Cooperation and Development said it doesn't expect unemployment to quickly fall from its high levels and urged governments to introduce measures to encourage hiring.
2011-09-15 12:18:
The number of people in work across the 17 countries that share the euro rose at the fastest pace since before the onset of the global financial crisis, while euro-zone inflation held steady.
Euro-Zone Employment Up
The number of people in work across the 17 countries that share the euro rose at the fastest pace since before the onset of the global financial crisis, while euro-zone inflation held steady.
2011-09-15 11:14:
The number of people in work across the 17 countries that share the euro rose at the fastest pace since before the onset of the global financial crisis, while euro-zone inflation held steady.
Euro-Zone Employment Up, Inflation Holds
The number of people in work across the 17 countries that share the euro rose at the fastest pace since before the onset of the global financial crisis, while euro-zone inflation held steady.
2011-09-15 09:56:
For some, gold's climb is a chance to profit from the declining U.S. dollar and fears about the European financial crisis. But others regard gold as less of a safe haven than a last resort.
Gold a Bright Spot in Tough Economy
For some, gold's climb is a chance to profit from the declining U.S. dollar and fears about the European financial crisis. But others regard gold as less of a safe haven than a last resort.
2011-09-15 02:40:
Housing-market experts warned lawmakers that the size of mortgages backed by the government should not be reduced next month amid a weak housing market.
Congress Urged to Keep Higher U.S.-Backed Mortgage Limits
Housing-market experts warned lawmakers that the size of mortgages backed by the government should not be reduced next month amid a weak housing market.
2011-09-15 02:40:
U.S. retail sales were flat in August, a potentially worrying sign. Separately, wholesale prices were unchanged last month, pointing to moderating inflation pressures.
Retail Sales Reflect Stalling Recovery
U.S. retail sales were flat in August, a potentially worrying sign. Separately, wholesale prices were unchanged last month, pointing to moderating inflation pressures.
2011-09-15 02:04:
For hedge funds and hordes of individual investors, gold's climb is a chance to profit from the declining U.S. dollar and fears about the European financial crisis. But some people regard gold as less of a safe haven than a last resort, shedding heirlooms and treasured keepsakes in order to pay basic bills.
Gold's Luster a Bright Spot in Tough Economy
For hedge funds and hordes of individual investors, gold's climb is a chance to profit from the declining U.S. dollar and fears about the European financial crisis. But some people regard gold as less of a safe haven than a last resort, shedding heirlooms and treasured keepsakes in order to pay basic bills.
2011-09-15 01:42:
The earnings outlook for American manufacturers, whose rebound propelled the U.S. recovery last year, is deteriorating as the global economy sputters.
Economy Clips Factories
The earnings outlook for American manufacturers, whose rebound propelled the U.S. recovery last year, is deteriorating as the global economy sputters.
2011-09-15 01:14:
Housing-market experts warned lawmakers that the size of mortgages backed by the government should not be reduced next month amid a weak housing market.
Congress Urged to Block Cuts in U.S.-Backed Loans
Housing-market experts warned lawmakers that the size of mortgages backed by the government should not be reduced next month amid a weak housing market.
2011-09-14 19:15:
Canada is demanding meetings with White House officials and Congressional leaders, alarmed over what it calls "protectionist" provisions in the Obama administration's $447 billion job-creation plan.
Canada Unhappy About Obama Jobs Plan
Canada is demanding meetings with White House officials and Congressional leaders, alarmed over what it calls "protectionist" provisions in the Obama administration's $447 billion job-creation plan.
2011-09-14 19:13:
Canada is demanding meetings with White House officials and Congressional leaders, alarmed over what it calls "protectionist" provisions in the Obama administration's $447 billion job-creation plan.
Canada Unhappy About 'Protectionist' Jobs Plan
Canada is demanding meetings with White House officials and Congressional leaders, alarmed over what it calls "protectionist" provisions in the Obama administration's $447 billion job-creation plan.
2011-09-14 17:34:
The U.K. government came under increased pressure to stimulate the country's flagging economy after a record fall in public-sector jobs caused unemployment to rise at its fastest pace in two years.
Pressure Builds as U.K. Economy Flags
The U.K. government came under increased pressure to stimulate the country's flagging economy after a record fall in public-sector jobs caused unemployment to rise at its fastest pace in two years.
2011-09-14 16:14:
Canadian exporters said the current version of the White House's $447 billion job-creation plan contains protectionist measures that will disadvantage Canadian industry, and they vowed to fight to remove the language.
Canada Exporters Unhappy About Jobs Plan
Canadian exporters said the current version of the White House's $447 billion job-creation plan contains protectionist measures that will disadvantage Canadian industry, and they vowed to fight to remove the language.
2011-09-14 15:54:
The income of the typical American family?long the envy of much of the world?has dropped for the third year in a row and is now roughly where it was in 1996 when adjusted for inflation.
Income Slides to 1996 Levels in U.S.
The income of the typical American family?long the envy of much of the world?has dropped for the third year in a row and is now roughly where it was in 1996 when adjusted for inflation.
2011-09-14 15:54:
The European Central Bank said that it allotted $575 million at its seven-day dollar term auction, marking only the second time in six months that it has handed out dollar funds amid renewed tensions in euro-zone money markets.
ECB Hands Out Dollar Funds
The European Central Bank said that it allotted $575 million at its seven-day dollar term auction, marking only the second time in six months that it has handed out dollar funds amid renewed tensions in euro-zone money markets.
2011-09-14 15:44:
U.S. retail sales were flat in August, a potentially worrying sign. Separately, wholesale prices were unchanged last month, pointing to moderating inflation pressures.
Retail Sales Unchanged
U.S. retail sales were flat in August, a potentially worrying sign. Separately, wholesale prices were unchanged last month, pointing to moderating inflation pressures.
2011-09-14 13:37:
Chinese Premier Wen Jiabao voiced support for Europe but offered no new specific help for the debt-battered continent, and emphasized China's own demands that European leaders take "bold steps" to improve economic ties with the Asian giant.
Wen Offers No Specifics for Europe Aid
Chinese Premier Wen Jiabao voiced support for Europe but offered no new specific help for the debt-battered continent, and emphasized China's own demands that European leaders take "bold steps" to improve economic ties with the Asian giant.
2011-09-14 12:03:
The effects of the U.K. government's austerity measures were laid bare when official figures showed the biggest fall in public-sector employment since records began.
U.K. Public Sector Sheds Jobs
The effects of the U.K. government's austerity measures were laid bare when official figures showed the biggest fall in public-sector employment since records began.
2011-09-14 06:41:
The Australian dollar was sold heavily after the bureau announced core inflation averaged a seasonally adjusted rise of 0.6% in the second quarter from the first.
Data Revisions Take Pressure Off Australian Central Bank
The Australian dollar was sold heavily after the bureau announced core inflation averaged a seasonally adjusted rise of 0.6% in the second quarter from the first.
2011-09-14 05:14:
Wen Jiabao said China was willing to expand its investment in Europe, but European leaders must take certain "bold steps." The premier also said China plans to increase domestic consumption.
China Willing to Expand Europe Investment
Wen Jiabao said China was willing to expand its investment in Europe, but European leaders must take certain "bold steps." The premier also said China plans to increase domestic consumption.
2011-09-14 03:23:
International Monetary Fund chief Christine Lagarde encouraged emerging-market countries interested in buying European government debt to focus on nations that have trouble borrowing.
IMF Chief Urges Focus On Riskier EU Debt
International Monetary Fund chief Christine Lagarde encouraged emerging-market countries interested in buying European government debt to focus on nations that have trouble borrowing.
2011-09-14 03:05:
International Monetary Fund chief Christine Lagarde encouraged emerging-market countries interested in buying European government debt to focus on nations that have trouble borrowing.
IMF Chief Says Risky Debt Must Be Bought
International Monetary Fund chief Christine Lagarde encouraged emerging-market countries interested in buying European government debt to focus on nations that have trouble borrowing.
2011-09-14 02:50:
A sharp drop in wages at Atlantic City, N.J.'s oldest casino could ripple through an industry long known for providing relatively high-paying jobs to thousands of unskilled workers. Already, it has ratcheted up labor tensions in the East Coast gambling hub.
Casino Wages Under Attack
A sharp drop in wages at Atlantic City, N.J.'s oldest casino could ripple through an industry long known for providing relatively high-paying jobs to thousands of unskilled workers. Already, it has ratcheted up labor tensions in the East Coast gambling hub.
2011-09-14 02:37:
America's poverty rate clicked up again last year and now stands at its highest level since the early 1990s. But what exactly does it mean to live in poverty in one of the richest countries on earth?
Accurate Poverty Measures Elusive
America's poverty rate clicked up again last year and now stands at its highest level since the early 1990s. But what exactly does it mean to live in poverty in one of the richest countries on earth?
2011-09-14 02:14:
The income of the typical American family?long the envy of much of the world?has dropped for the third year in a row and is now roughly where it was in 1996 when adjusted for inflation.
Income Slides to 1996 Levels
The income of the typical American family?long the envy of much of the world?has dropped for the third year in a row and is now roughly where it was in 1996 when adjusted for inflation.
2011-09-14 00:12:
While a steep slowdown in services spending has largely gone unnoticed as solid retail sales have masked the impact on overall consumer spending, the recovery's ultimate strength hinges on a services-spending revival.
How Retail Sales Mask Services Slowdown
While a steep slowdown in services spending has largely gone unnoticed as solid retail sales have masked the impact on overall consumer spending, the recovery's ultimate strength hinges on a services-spending revival.
2011-09-13 19:53:
Canadian appetite for debt showed no sign of lessening with a key indicator hitting a new high, as consumers borrowed to purchase houses and cars.
Canada's Household Debt Hits Record High
Canadian appetite for debt showed no sign of lessening with a key indicator hitting a new high, as consumers borrowed to purchase houses and cars.
2011-09-13 19:05:
The typical American household saw its income fall for the third straight year in 2010 and the poverty rate clicked up to its highest level since 1993, the census reported, as the aftermath of the latest recession continued to take a toll.
Household Income Falls, Poverty Rate Rises
The typical American household saw its income fall for the third straight year in 2010 and the poverty rate clicked up to its highest level since 1993, the census reported, as the aftermath of the latest recession continued to take a toll.
2011-09-13 18:54:
Société Générale leads rise in sector after Merkel indicates Greek default is not an option.
French Bank Stocks Close Higher on Merkel's Greek Comments
Société Générale leads rise in sector after Merkel indicates Greek default is not an option.
2011-09-13 14:37:
U.S. import prices fell in August, indicating inflation pressures are benign and providing U.S. policymakers with room to give the lackluster economy additional stimulus.
Import Prices Slip on Cheaper Oil
U.S. import prices fell in August, indicating inflation pressures are benign and providing U.S. policymakers with room to give the lackluster economy additional stimulus.
2011-09-13 12:21:
Italy paid sharply higher yields than at previous auctions to sell five- to nine-year government bonds, and garnered rather disappointing demand, selling below the maximum targeted amount.
Italian Bond Auction Disappoints
Italy paid sharply higher yields than at previous auctions to sell five- to nine-year government bonds, and garnered rather disappointing demand, selling below the maximum targeted amount.
2011-09-13 10:52:
The U.K.'s inflation rate edged up in August due to a sharp increase in household energy prices and record rises in clothing, furniture and hospitality prices.
U.K. Inflation Rises
The U.K.'s inflation rate edged up in August due to a sharp increase in household energy prices and record rises in clothing, furniture and hospitality prices.
2011-09-12 17:40:
Big Japanese companies turned upbeat on business conditions in the third quarter, with the nation's recovery from the March 11 disasters boosting sentiment despite the strong yen and threat of a global economic slowdown.
Big Japan Companies Are Upbeat
Big Japanese companies turned upbeat on business conditions in the third quarter, with the nation's recovery from the March 11 disasters boosting sentiment despite the strong yen and threat of a global economic slowdown.
2011-09-12 14:56:
The Organization of Petroleum Exporting Countries hinted that some of its members could reduce production as a slowing economy is expected to dent oil demand.
OPEC Hints at Output Cuts
The Organization of Petroleum Exporting Countries hinted that some of its members could reduce production as a slowing economy is expected to dent oil demand.
2011-09-12 14:06:
The Turkish economy expanded 8.8% in the second quarter, far exceeding economists' expectations and underscoring its reputation as Eurasia's rising tiger.
Turkish Economy Humming
The Turkish economy expanded 8.8% in the second quarter, far exceeding economists' expectations and underscoring its reputation as Eurasia's rising tiger.
2011-09-12 13:36:
The Turkish economy expanded 8.8% in the second quarter, far exceeding economists' expectations and underscoring its reputation as Eurasia's rising tiger.
Turkey's Economy Keeps Humming
The Turkish economy expanded 8.8% in the second quarter, far exceeding economists' expectations and underscoring its reputation as Eurasia's rising tiger.
2011-09-12 11:51:
The Turkish economy expanded 8.8% in the second quarter, far exceeding economists' expectations and underscoring its reputation as Eurasia's rising tiger.
Turkey's Economy Accelerates
The Turkish economy expanded 8.8% in the second quarter, far exceeding economists' expectations and underscoring its reputation as Eurasia's rising tiger.
2011-09-12 10:57:
Italian industrial output fell much more than expected in July due to the sharpest contraction of consumer-goods production in more than two years.
Italian Industrial Output Slumps
Italian industrial output fell much more than expected in July due to the sharpest contraction of consumer-goods production in more than two years.
2011-09-12 09:40:
India's industrial production grew 3.3% in July from a year earlier, much below market expectations, hurt by a sharp fall in capital goods output.
India Industrial Output Growth Slows Sharply
India's industrial production grew 3.3% in July from a year earlier, much below market expectations, hurt by a sharp fall in capital goods output.
2011-09-12 09:01:
India's industrial production grew 3.3% in July from a year earlier, much below market expectations, hurt by a sharp fall in capital goods output.
India Industrial Output Growth Slows
India's industrial production grew 3.3% in July from a year earlier, much below market expectations, hurt by a sharp fall in capital goods output.
2011-09-12 07:54:
India's industrial production grew 3.3% in July from a year earlier, much below market expectations, hurt by a sharp fall in capital goods output.
India Industrial Output Rises 3.3%
India's industrial production grew 3.3% in July from a year earlier, much below market expectations, hurt by a sharp fall in capital goods output.
2011-09-12 04:38:
The latest economic data from China reinforce a growing consensus among economists that Chinese policy is on hold as global uncertainty deepens.
Chinese Economic Data Signal Policy Is on Hold
The latest economic data from China reinforce a growing consensus among economists that Chinese policy is on hold as global uncertainty deepens.
2011-09-12 02:16:
U.K. Chancellor of the Exchequer Osborne acknowledged a new EU treaty giving the euro zone greater fiscal integration was likely in the next two years.
Support Grows for EU Integration Treaty
U.K. Chancellor of the Exchequer Osborne acknowledged a new EU treaty giving the euro zone greater fiscal integration was likely in the next two years.
2011-09-12 01:47:
U.K. Chancellor of the Exchequer Osborne acknowledged a new EU treaty giving the euro zone greater fiscal integration was likely in the next two years.
Support Grows for New EU Treaty on Integration
U.K. Chancellor of the Exchequer Osborne acknowledged a new EU treaty giving the euro zone greater fiscal integration was likely in the next two years.
2011-09-11 23:04:
U.K. Chancellor of the Exchequer Osborne acknowledged a new EU treaty giving the euro zone greater fiscal integration was likely in the next two years.
Osborne: EU Integration Deal Is Likely
U.K. Chancellor of the Exchequer Osborne acknowledged a new EU treaty giving the euro zone greater fiscal integration was likely in the next two years.
2011-09-11 17:40:
The latest economic data from China reinforce a growing consensus among economists that Chinese policy is on hold as global uncertainty deepens.
China Policy Makers Keep Options Open
The latest economic data from China reinforce a growing consensus among economists that Chinese policy is on hold as global uncertainty deepens.
2011-09-11 10:00:
The Treasury Department is considering a proposal to eliminate some but not all taxes on the overseas profits of U.S. companies, a central element of the administration's plans to overhaul corporate taxes.
U.S. Weighs New Tax Plan
The Treasury Department is considering a proposal to eliminate some but not all taxes on the overseas profits of U.S. companies, a central element of the administration's plans to overhaul corporate taxes.
2011-09-10 18:51:
The Treasury Department is considering a proposal to eliminate some but not all taxes on the overseas profits of U.S. multinational companies, a central element of the administration's plans to overhaul corporate taxes.
U.S. Weighs Tax Plan
The Treasury Department is considering a proposal to eliminate some but not all taxes on the overseas profits of U.S. multinational companies, a central element of the administration's plans to overhaul corporate taxes.
2011-09-10 18:15:
The Treasury Department is considering a proposal to eliminate some but not all taxes on the overseas profits of U.S. multinational companies, a central element of the administration's broader plans to overhaul the corporate-tax code.
Treasury Weighs Tax Scheme
The Treasury Department is considering a proposal to eliminate some but not all taxes on the overseas profits of U.S. multinational companies, a central element of the administration's broader plans to overhaul the corporate-tax code.
2011-09-10 04:30:
The Treasury Department is considering a proposal to eliminate some but not all taxes on the overseas profits of U.S. multinational companies, a central element of the administration's broader plans to overhaul the corporate-tax code.
Treasury Weighs New Tax Scheme
The Treasury Department is considering a proposal to eliminate some but not all taxes on the overseas profits of U.S. multinational companies, a central element of the administration's broader plans to overhaul the corporate-tax code.
2011-09-10 03:57:
Economists gave a range of reviews to President Barack Obama's jobs plan, from predictions that it would have no impact on the U.S. economy to estimates that the proposal could add as much as two percentage points to annual growth.
Mixed Reviews of Obama's Jobs Proposal
Economists gave a range of reviews to President Barack Obama's jobs plan, from predictions that it would have no impact on the U.S. economy to estimates that the proposal could add as much as two percentage points to annual growth.
2011-09-10 03:49:
The Canadian economy shed jobs in August, pushing up the unemployment rate to 7.3% from 7.2%, Statistics Canada said Friday, in a sign Canada's job-creating machine has stalled.
Canada Suffers Surprise Job Losses
The Canadian economy shed jobs in August, pushing up the unemployment rate to 7.3% from 7.2%, Statistics Canada said Friday, in a sign Canada's job-creating machine has stalled.
2011-09-10 03:44:
Officials from the world's leading advanced economies papered over divisions among themselves as they sought to assure skeptical investors and voters that they had solutions to economic woes on both sides of the Atlantic.
G-7 Torn Between Stimulus, Cuts
Officials from the world's leading advanced economies papered over divisions among themselves as they sought to assure skeptical investors and voters that they had solutions to economic woes on both sides of the Atlantic.
2011-09-09 23:05:
The nation's top housing-finance regulator, with the enthusiastic backing of the White House, is moving towards broadening a federal program aimed at allowing more Americans to refinance their mortgages at today's low rates.
U.S. Seeks More Loan Refinancings
The nation's top housing-finance regulator, with the enthusiastic backing of the White House, is moving towards broadening a federal program aimed at allowing more Americans to refinance their mortgages at today's low rates.
2011-09-09 22:09:
The possibility of the Federal Reserve invoking "Operation Twist" to stoke more borrowing and economic activity by lowering long-term rates has many in the retail banking industry uttering expressions of pain.
'Operation Twist' Augurs Pain for Banks
The possibility of the Federal Reserve invoking "Operation Twist" to stoke more borrowing and economic activity by lowering long-term rates has many in the retail banking industry uttering expressions of pain.
2011-09-09 20:15:
Obama headed to the backyard of one of his chief political rivals to tout his new $447 billion jobs plan and to urge Americans to get behind his economic ideas.
Obama Takes Jobs Push on Road
Obama headed to the backyard of one of his chief political rivals to tout his new $447 billion jobs plan and to urge Americans to get behind his economic ideas.
2011-09-09 15:24:
Geithner said the Obama administration's proposed jobs package would work "very very quickly" to boost the economy, and ultimately generate hundreds of thousands of new jobs.
Geithner: Jobs Plan Can Work 'Very Quickly'
Geithner said the Obama administration's proposed jobs package would work "very very quickly" to boost the economy, and ultimately generate hundreds of thousands of new jobs.
2011-09-09 14:28:
The grocery chain is better positioned than weaker rivals and should continue to outpace them.
Kroger in Prime Position
The grocery chain is better positioned than weaker rivals and should continue to outpace them.
2011-09-09 11:52:
The grocery chain is better positioned than weaker rivals and should continue to outpace them.
Kroger in Prime End-Aisle Position
The grocery chain is better positioned than weaker rivals and should continue to outpace them.
2011-09-09 11:14:
The costs paid by U.K. manufacturers fell in August from July largely because of a drop in oil prices, official data showed.
U.K. Producers' Costs Fall
The costs paid by U.K. manufacturers fell in August from July largely because of a drop in oil prices, official data showed.