Consumer prices were flat in July for a second straight month and the year-over-year increase was the smallest since November 2010, giving the Federal Reserve room for further monetary easing to tackle stubbornly high unemployment.
Joseph Lazzaro
Aug 15, 2012
A mix of luxury brands and discounters reported quarterly earnings that topped expectations, results that underscored a broader report showing U.S. retail sales broke three consecutive months of declining growth in July as consumers regained some semblance of confidence this summer.
Moran Zhang
Aug 14, 2012
Are Tunisian women "complementary to men?" A new draft constitution says as much, but thousands of demonstrators disagree.
Jacey Fortin
Aug 14, 2012
The unrest was fueled by high unemployment and a worsening economy
Palash Ghosh
Aug 14, 2012
Singapore's population can't keep up with its productivity. Can the government do anything to get some more buns in the oven?
Jacey Fortin
Aug 13, 2012
Saudi Arabia is drawing up plans to build a women-only city in an attempt to bolster the Middle Eastern country's female workforce.
Howard Koplowitz
Aug 13, 2012
Republican Party presidential nominee Mitt Romney’s selection of U.S. Rep. Paul Ryan, R-Wis., as his running mate is an attempt to re-structure the 2012 campaign’s debate so that it conforms to the Tea Party’s agenda - but it's one that will not change the election’s outcome.
Joseph Lazzaro
Aug 12, 2012
Senegal has seen decades of peace and democracy, even while surrounding countries endured war, tyranny and instability.
Jacey Fortin
Aug 12, 2012
Major data releases aplenty are on the economic calendar next week. In the U.S., investors will focus on July retail sales, industrial production, and consumer prices. In the euro zone, second-quarter gross domestic product figures across the major economies and the German ZEW index are the main highlights.
Moran Zhang
Aug 10, 2012
Evicting one of Europe's most marginalized groups may help Francois Hollande get back in France's good graces.
Jacey Fortin
Aug 10, 2012
Kenya has thrown in a bid, along with Egypt and South Africa, to be the first African nation to host the Olympics in 2024. But the Kenyan economy might not be able to handle the financial burden.
Maya Shwayder
Aug 09, 2012
In 2010, fifteen Nepali servants committed suicide in Lebanon due to gross abuses.
Palash Ghosh
Aug 09, 2012
Pakistanis consume heroin valued at $1.2 billion every year.
Palash Ghosh
Aug 09, 2012
The number of Americans lining up for new jobless benefits fell unexpectedly last week, the Labor Department said Thursday, suggesting that the battered labor market is healing.
Moran Zhang
Aug 09, 2012
Data compiled by the Congressional Research Service show that thousands of Americans making more than $1 million got unemployment benefits.
Alberto Riva
Aug 09, 2012
Despite most central banks slashing interest rates in 2009, there is still room for central banks to maneuver and stimulate their sluggish economies.
Oliver Tree
Aug 09, 2012
U.S. stock index futures point to a higher open Thursday ahead of the Labor Department's weekly jobless claims data and the Bureau of Economic Analysis' trade balance report.
Bhaskar Prasad
Aug 09, 2012
Fannie Mae (OTC: FNMA), the largest government-controlled mortgage backer, reported its second consecutive quarterly profit for the first time in five years Wednesday, but its CEO said the company should cede business to private investors when the housing market finally recovers.
Roland Li
Aug 08, 2012
Kenya's parliamentary building has undergone a major renovation, worth millions of dollars. Meanwhile, about half the citizens live in poverty.
Jacey Fortin
Aug 08, 2012
Asian stock markets advanced for the third straight session on Wednesday as sentiment continued to improve on hopes that the major central banks around the world will soon announce new round of stimulus measures to spur economic growth.
Satya Nagendra Padala
Aug 08, 2012
European markets fell Wednesday as investors remained concerned that there were no monetary easing measures from policymakers to boost the economy even after the increasing debt burden faced by the euro zone.
Bhaskar Prasad
Aug 08, 2012
Offshoring of back-office work to India, a trend among banks and accounting firms, came under new scrutiny with allegations that Standard Chartered Plc moved compliance oversight work dealing with Iranian banking transactions to India to avoid U.S. regulators.
Ambrosia Sabrina
Aug 08, 2012
