The Sequester Is Squeezing The US Federal Government [Charts]
The federal workforce has been contracting at a faster pace since the sequester kicked in.
S&P Greets India's New Central Banker With A Report Saying Financial System Recovery At Least Two Years Away
Slow economic growth and deteriorating loan portfolios will continue to weigh on the banks, S&P said.
Bumper Crop Of US Corn To Funnel More Ethanol Into Gasoline
An expected record U.S. corn crop will put biofuel makers in an advantageous position -- one that should aid U.S. fuel supplies.
Disastrous Fire At Kenya Airport: Investigators Scrambling As East Africa Braces For The Aftermath
The blaze devoured central facilities at the Jomo Kenyatta International Airport in Nairobi, Kenya, but caused no fatalities.
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The Bank Of England's Carney Targets Inflation, Unemployment Levels As New Monetary Policy Triggers
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US Stock Futures Point To Lower Open Ahead Of Corporate Earnings, Fresh Concerns Over US Fed Policy
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In The US Who Makes Minimum Wage? [Chart]
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Myanmar's Proposed Rice Subsidy Criticized For Potentially Damaging Farmers And Undermining Economic Development
More news
India Taps Ex-IMF Economist As New Governor Of The Reserve Bank, Hopes For Turnaround
With the rupee performing at its lowest in years and GDP at a nine-year low, India has appointed a former IMF chief economist to its Reserve Bank.
Bank of England’s New Governor Mark Carney To Unveil ‘Forward Guidance’ For Interest Rates
The big day is almost upon us. The BoE is expected to unveil new guidance for setting interest rates on Wednesday.
US Trade Deficit Narrows In June To Lowest Level Since October 2009 On Lower Petroleum Imports And Record High Exports
The unexpected narrowing suggests that second quarter gross domestic product growth was significantly stronger than 1.7%.
Italy's Economy Contracts Less-Than-Expected; UK Industrial Output, Germany Factory Orders Beat Expectations
The latest stat is another sign of recovery in an economy that is clawing back from an 8-quarter-long recession.
China July Economic Data Preview: Trade, Inflation, Industrial Output, Retail Sales, Fixed Asset Investment And Bank Lending Data On Tap
Reading China's July economic tea leaves.
Bank Of Japan Aug.7-8 Policy Meeting Preview: BOJ To Leave Monetary Policy Unchanged
At issue is whether the economic recovery under Abenomics is strong enough to get past the effects of a consumption tax increase.
US Stock Futures Signal Mixed Open Ahead Of Trade Balance Data, Corporate Earnings
Flat stock futures on Tuesday morning indicate markets could stay in a tight range ahead of trade data and more corporate earnings.
Living With Parents: Young Adults Taking Longer To Leave The Nest Than Before [Infographic]
21.6 million U.S. young adults were living in their parents’ homes in 2012, according to a new Pew Research Center report.
Australia Cuts Interest Rate, As Expected, To Boost Growth In Non-Mining Sectors; Analysts Expect More Cuts
The rate cut is aimed at helping the country reduce its dependence on mining, as growth slows in key markets like China.
European Retail Sales Show Significant Dip For June 2013
The latest statistic follows a mixed performance for the index in recent months.
Euro Zone Business Expands First Time In 18-Months, Led By Strong Growth In Germany; UK Service Sector Grows Fastest In 6.5 Years
EU business activity expands indicating signs that economies in the region are clawing back from months of economic decay.
US Stock Futures Signal Flat Open Ahead Of ISM’s Non-Manufacturing PMI, Corporate Earnings, And PMI Data From Asia And Europe
However, low trading volumes due to summer vacations may increase market volatility -- typical for August.
Plunge In Global Coal Prices Threatens To Trigger Financial Crisis In Northern China’s Coal-Producing Counties
A credit crunch, fueled by a drop in coal prices, may plunge China's coal-producing regions into a financial crisis.
Japan PMI Data For July Show Slowing Growth In Services And Composite Sectors
Growth in Japan’s services sector was at its weakest in nine months amid stagnation in new business and employment, a new survey shows.
China Services Sector PMI, As Reported By HSBC, Posts Modest Expansion, While Composite PMI Contracts
China's service sector shows resilience even as the economy struggles to maintain growth momentum, HSBC's latest reading of PMI shows.
China PMI Data Show Divergence Between Falling Manufacturing And Flat Nonmanufacturing Sectors
The latest HSBC China purchasing managers’ indexes indicate a divergence between the two economic sectors.
Japan PMI Readings Point To Slowdown In The World’s Third-Largest Economy
The latest levels of Japan’s PMI composite and its PMI for the service sector indicate a slowdown in the economy.
World Trade Organization Says China Moved Unfairly Against Tyson (TSN), Pilgrim’s Pride (PPC) and Keystone Foods In 2010 Decision To Slap Tariffs On US Broiler Chicken
The world’s trade referee said China “acted inconsistently” in slapping tariffs on U.S. chicken products.
Global Financial Services In Conflict Zones: Banking In Egypt, Libya, Syria, Somalia And Other Countries Where Financial Services Have Fled
When trouble arrives, banks often depart, and access to cash becomes difficult. This is the story of how people bank in conflict zones.
Starbucks Sees China Growth Despite Tea-Drinking Culture
China is famously the land of tea. But the world's biggest coffee chain is betting it will change its ways.
Political Fallout From Ecuador's Involvement With Edward Snowden Will Mean Broccoli Prices Could Go Up
Edward Snowden may have saved U.S children from broccoli as the cost of importing the vegetable has gone up after Ecuador and U.S fallout.
China Has Big Aspirations For American Pesticide Market
Chinese ag-chem companies are moving into the lucrative U.S. pesticide market.
Tax Free Weekend 2013: What’s Eligible To Buy, Dates And List Of States Offering No Sales Tax
A dozen states will participate in tax-free weekend Aug. 2-4.
US June Factory Orders Rose 1.5%, But Missed Estimates
Factory orders in June were boosted by demand for transportation equipment, which rose 12 percent.
Myanmar's Domestic Conglomerates, With Recent Influx Of Foreign Brands, Face Fierce Competition
After surviving in a stagnant economy for decades, Myanmar's domestic companies are facing a new challenge.
US July Jobs Report: 'Disappointing' 162k Nonfarm Payroll Growth, Unemployment Rate Drops To 7.4%
All eyes are now on the Fed and what the jobs report may mean for the central bank's easy-money policies.
Obama's Narrowed Fed Chair Candidates To Yellen-Summers-Kohn Trio: Report
Larry Summers, Janet Yellen or Donald Kohn will be the next Fed chairman.
US Stock Futures Point To Flat Open Ahead Of Nonfarm Payrolls, Unemployment Figure, Corporate Earnings Reports, Spending And Income Trends Reports
Friday’s jobs data may help determine if the economy is creating jobs fast enough for the Fed to consider winding down its stimulus program.
Dawei Special Economic Zone In Myanmar, A Thai Venture, Runs Into Financial Trouble
The $50 billion industrial hub is having difficulties rounding up the funding it requires.
Cuba Is Looking To Solar Power To Help Its Energy Mix Since It Relies Heavily On Oil Imports
Cuba's first solar farm is located 190 miles east of Havana in the central province of Cienfuegos.
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