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.
China Pledges $60B In Funding To Africa
The funds will be used to ensure that China's cooperation plans with Africa are successfully implemented, Chinese President Xi Jinping said Friday.
Good Time To Be A US Autoworker
After spending years on the defensive, American autoworkers have won substantial pay hikes and the outlook is positive.
Japan's Abe Eyes $41B Defense Budget
If the budget is approved, it would be the first time the country's defense spending breaches the 5 trillion yen mark.
Former Philippine President Estrada Floats Possible Candidacy
Front-runner Senator Grace Poe, who was disqualified on nationality and residency issues, could be barred from continuing her campaign.
Malaysia Passes Security Law Amid Corruption Controversy
New legislation authorizes curfews and warrantless arrests in declared "security zones."
Asian Stocks Slump As European Banker Fails To Deliver 'Magic'
Many investors expected Mario Draghi's European Central Bank to increase bond purchases and cut interest rates more.
Earmark Could Help Techies Cash In
A provision in a $305 billion federal highway bill could make it faster and easier for tech employees to liquidate their equity.
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Editor's Pick
British Airway Passenger Sits Next Urine-Soaked Seat For 8-Hour Flight
British Airways passenger forced to sit next to a urine-soaked seat on an eight-hour international flight.
Latest News
Inside Venezuela’s Mass Exodus
Four days from a critical election, many dispirited Venezuelan expats see no reason to return and cast a ballot.
Brazil's Economy Shrinks More Than Expected In Third Quarter
This is the third straight quarter of economic downturn for the largest economy in the Latin America region.
ECB Cuts Interest Rate To Spur Growth
The European Central Bank is expected to further announce measures, including an expansion of its massive bond-buying program, at a meeting Thursday.
For US Women, Advancement Slows
The global economic gap between the sexes could take more than 100 years to close, the World Economic Forum says.
Are Investors World-Weary Of Terror?
Financial markets, unpredictable as always, show few clear patterns in the aftermath of incidents like the Nov. 13 terror attacks in Paris.
China's Rich Criticized After Zuckerberg's Pledge
Facebook founder Mark Zuckerberg's decision to donate most of his wealth to charitable causes has led to online criticism of China's wealthy people.
Russia Seeks Economic Revenge Against Turkey Over Jet
Russian Prime Minister Dmitry Medvedev ordered his government to draw up measures that would include freezing some joint investment projects and restricting food imports from Turkey.
Bad PR Fuels Talk Of Riyal Devaluation In Saudi Arabia
Riyadh may detail a strategy to cope with an era of cheap oil as soon as next month, when the finance ministry presents the 2016 budget plan.
Holiday Shopping Rush Could Be Good News For Workers
Retailers say they're planning to recruit more temporary staff than last year to accommodate a greater number of holiday shoppers.
Healthcare Spending Grows At Its Fastest Rate In 7 Years
A jump in 2014 was driven primarily by greater insurance coverage through Medicaid and the Affordable Care Act.
