Economy

Bond Market May Signal Global Recession

A rise in default rates has led some experts to point to historical precedent, which suggests a recession ahead.

US Rate Hikes May Hurt Emerging Markets

Claudio Borio of the Bank of International Settlements noted that the end of market “turbulence” should not be understood as total economic stability.

Brazil's Recession Hits Neighbors

Vendors in the border town of Ciudad del Este, Paraguay, said sales are dropping as Brazilian shoppers disappear from the city's sprawling markets.

Greek Lawmakers Approve Austere 2016 Budget

Greek lawmakers approved a 2016 budget early Sunday that included more than 5 billion euros, or $5.44 billion, in spending cuts.

Wal-Mart Balks At Puerto Rico's New Tax

The retailer's Puerto Rico unit filed a lawsuit against the commonwealth over a new tax it claimed would lift its tax burden above 90 percent of operating income.

Tax Breaks Top Congress' Holiday List

As year-end deadlines loom, legislators are still tangling over a range of tax break extensions for industries like renewable energy and healthcare.

Euro Under Fire

EU-wide debt crises and the meltdown of Greek relations have made holdouts like Poland and Sweden wary of adopting the euro.

Fed To Modify Stress-Test Procedures For Financial Firms

An internal review of the U.S. Federal Reserve's bank stress tests discovered significant issues in the way the central bank has run them.

E. Coli Outbreak Linked To Chipotle Restaurants Expands

The restaurant chain's stock took a dive Friday after federal regulators announced more illnesses have been linked to its menu offerings.

Fed Rate Hikes Seem Imminent, But How Fast Is Too Fast?

Friday’s robust jobs report has cleared they way for the Fed to begin raising interest rates later this month. The pace of those rate hikes is key.

US Stocks Close Higher After Strong Jobs Report

The latest jobs report suggests the economy is robust enough for the Federal Reserve to raise interest rates this month for the first time in nearly a decade.

US Job Woes Persist For Oil, Gas And Coal

Since hitting a peak last year, mining jobs have declined by 123,000, largely because of struggles in the oil, gas and coal industries.

US Adds More Jobs Than Expected

The U.S. created 211,000 jobs in November, a result that sets the stage for a U.S. Federal Reserve rate hike later this month.

China’s Stock Markets To Introduce 'Circuit Breaker'

From January, trading will be suspended for 15 minutes if markets rise or fall 5 percent, and halted for the day if the fluctuation reaches 7 percent.

Offices Re-evaluate Safety

Following Wednesday’s shooting in San Bernardino, California, corporate security experts are taking a second look at proactive steps to reduce workplace violence.