global economic crisis

As investors sell on fears that China might raise interest rates, the country's top economic official says a plan to rein in double-digit growth in food prices is coming soon.

The International Monetary Fund (IMF) thinks the global banking system is getting better. How so? Its latest report cuts the amount of toxic waste it thinks global banks will need to write off by $600 billion -- 15 percent less than its previous estimate of $4 trillion. Nevertheless, the IMF still...