Gdp

Treasury Secretary Janet Yellen said that a key indicator of recession may not apply to the current economic conditions.

FedEx's forecast cut, signs of stagnation in Germany, drops in oil price and looming political tensions spell trouble for the global economy.

Tax cuts for the rich don't seem to be associated with U.S. economic growth and instead are linked to a different outcome: greater income inequality in the U.S. These findings will likely fuel the already bitter political fight over extending the Bush tax cuts for upper-income groups.

General Electric Co. (NYSE: GE) and ING Groep NV (NYSE: ING) may sell their stakes in two Thailand banks, but their message to Asia's 11th largest economy could very well be, "It's not you, it's us."

While market sentiment for China's growth outlook has been overwhelmingly negative, Nomura's Chief China Economist Zhiwei Zhang remains very bullish.

There were quiet celebrations in the offices of Prime Minister Manmohan Singh late last week after he stunned the country with a slew of steps to revive the tanking economy.

If sales following the iPhone 5 release date are as high as analysts predict, the Apple smartphone could aid the struggling US economy. .

The Dow Jones Industrial Average (DJI: DJI) gained another 53.51 points, or 0.40 percent, on Friday to close at 13,593.37, the highest level in nearly five years. However, many uncertainties remain. Here are four factors that could make -- or break -- the Dow's continued ascent.

Many Argentines are protesting against the policies of President Cristina Fernandez de Kirchner over her tight controls on the economy amid rising inflation. Fernandez has said that her policies are aimed at supporting the most vulnerable in society and will benefit the majority of people as a whole, though she has been criticized for pursuing a populist agenda at the expese of the upper and middle classes.

The government of India, the world's 10th largest economy by gross domestic product, passed wide-ranging laws on Friday expanding foreign investment in the retail, broadcasting and airline sectors, opening its doors to companies like Wal-Mart Stores Inc. (NYSE: WMT) amid slowing growth.

The Communist Party of Vietnam has vowed to target any blogs and websites that are "anti-party" or "anti-state," but government critics have responded with defiance.

The U.S. central bank lowered its forecast for economic growth this year, but it reiterated its expectations for unemployment. Further, the bank said it now expects the Fed's first interest rate hike to take place in 2015.

A new report from UNICEF, the WHO and the World Bank says that under-five mortality has decreased significantly worldwide, but many countries are still not on track to meet their Millennium Development Goals.

China's economic slowdown is expected to reach its nadir in the third quarter, leaving growth for 2012 likely to fall below 8 percent, a level unseen since 1999. While top Chinese leaders remain confident that the world's second-largest economy still has "ample strength" in either monetary or fiscal domains to propel economic growth, economists caution that the $158 billion stimulus unveiled by China may not be all it's hyped up to be.

HSBC has cut its India GDP forecast for the fiscal 2013 to 5.7 percent from the previous forecast of 6.2 percent, citing "the lack of reform traction" and a more "challenging" global economic state of affairs.

orth and South Korea technically remain at war since 1953, when their civil war ended in a truce instead of a peace treaty.

José Manuel Barroso, President of the European Commission, delivered the following State of the Union 2012 speech during a session of the European Parliament in Strasbourg, France, on September 12, 2012

Nearly three-hundred people have died in a fire that swept through a garment factory in Karachi, Pakistan, making the inferno one of worst industrial accidents in the country’s history.

Catalan represents 15 percent of Spain’s population, but produces about one-fifth of the country’s GDP.

If, as one analyst expects, Apple sales of its new iPhone 5 -- estimated to cost about $600 each -- reaches 8 million, it could boost the GDP of the U.S. by half a percentage point.

Moody's warned Tuesday it could strip the U.S. of its coveted triple-A credit rating if Congress fails to produce a budget that will bring down the federal debt burden.

The homeless problem in Denmark is unlikely to ease anytime soon. Net unemployment is now at 4.7 percent, the highest level in six years. Labor Minister Mette Frederiksen warned that the unemployment rate will continue to climb into 2013.

Michael Feroli, JP Morgan's chief economist, said in a new research note to clients that sales of the new version of the iPhone could add between a quarter and a half percentage point to fourth quarter annualized GDP growth in the U.S.

Investors fed up with years of poor returns are deserting BRIC equity funds, pushing share valuations to record cheap levels and questioning the future of the high-profile investment theme.

Christine Lagarde, managing director of the International Monetary Fund (IMF), issued the following statement at the opening of Asia-Pacific Economic Cooperation (APEC) Leaders Summit in Vladivostok, Russia on Sunday.

Asian stock markets mostly ended higher Monday on hopes that major economies including the U.S and China would soon announce a new round of stimulus measures to spur growth.

China reported a trade surplus of $26.66 billion in August amid the slower-than-expected growth in exports and imports, raising concern that the world's second largest economy isn't doing enough to stimulate the economy and avert a slowdown.

Economic problems have drastically lowered standards of living across the Palestinian territories, and Palestinian Prime Minister Salam Fayyad is facing heated criticism from the public. But, this weekend, President Mahmoud Abbas stepped up to defend Fayyad.

Gov. Mitt Romney's tax plan is President George W. Bush's tax plan on steroids: it cuts taxes on upper-income adults and the uber-rich, and vectors the U.S. budget deficit to even higher levels.

China's factories ran at their slowest rate for 39 months in August, the government reported Sunday.