ECONOMY & MARKETS

The choice of a new Federal Reserve chairman, or chairwoman, was discussed by the president at his press conference.

Barack Obama told military veterans convening in Florida the backlog of disability claims has been cut by almost one-fifth.

An investment-fueled construction bubble has left behind empty shells without jobs or residents.

China is drawing on its history and taking steps to remain an economic powerhouse despite the recent rapid slowdown in GDP growth.

Spain's painful two-year recession is about to end. But the worst isn't over yet.

And after years of less than one dollar per person, any investment is likely welcomed.

Does Norway's sovereign wealth fund, which generates its money from oil and gas taxes, need to re-position its assets?

Japan's leaders are now facing a tough choice over how, or even whether, to hike taxes.

Two reports showed weaker-than-expected results in South Africa’s mining activity and factory output in June.

Investors are weighing a jobless claims downtrend against the possibility of a Fed stimulus tapering this year.

It has long been a "Wild West" for investors and entrepreneurs, but the business climate in China is improving.

Lower-than-expected numbers could pave the way for a rate cut and potential measures to jumpstart a slowing economy.

Scientists at the U.K.'s National Physical Laboratory have uncovered a way to determine the specific textile makeup of fabrics using terahertz radiation.

Abenomics may be boosting Japanese chemical companies, however.

Sluggish economic growth sets South Africa apart from its higher GDP growth neighbors.

With record numbers of tourists visiting the country and not enough rooms to go around, Myanmar bans homestay, citing unacceptable tourist behaviors.

U.S. fast-food industry employees, by the numbers.

Can Raghuram Rajan, who famously predicted the global financial crisis, put the Indian economy back on track?

With the country's projected economic growth stagnant at 4 percent, Thailand adopts stimulating measures.

Investors will analyze economic data and the latest Fed board member comments on its stimulus.

China's exports and imports beat expectations to rise sharply, while its trade surplus narrowed more than forecast, in July.

A section of the manual instructed tax agencies to falsify records of tips reported by the DEA’s Special Operations Division.

General William Shelton has ordered that the system, known as the Space Fence, be shut down as part of a cost-cutting move.

Argentina, known for its spectacular economic booms and busts, is running on an unsustainable growth model, analysts warn.

The National Association of Manufacturers says the August congressional recess is the perfect time for making the case for reform.

The federal workforce has been contracting at a faster pace since the sequester kicked in.

Slow economic growth and deteriorating loan portfolios will continue to weigh on the banks, S&P said.

An expected record U.S. corn crop will put biofuel makers in an advantageous position -- one that should aid U.S. fuel supplies.

The blaze devoured central facilities at the Jomo Kenyatta International Airport in Nairobi, Kenya, but caused no fatalities.