Uncertainty Drives Down Confidence in Eurozone Economy
Confidence in the eurozone's economy worsened in March, falling after four straight months of gains and suggesting a hard route out of recession, fresh data show.
world economy
An Epic Week Ahead For The Global Economy
For the US, the week may not really begin until Tuesday, but starting Monday night it's going to be an epic week for the entire globe. Here's why.
International Business Execs Say Obama's Better for World Economy
Twice as many business executives around the world say the global economy will prosper better if incumbent President Barack Obama wins the next election than if his Republican challenger Mitt Romney does, a poll showed on Friday.
Dismal Job Market Pushes Dow into 275-Point Plunge
The stock market suffered its worst day of the year Friday after a surprisingly weak report about hiring and employment cast a pall of gloom over the U.S. economy.
Wall Street Plays a Risky Game, Again
Taking note of the Dow's progress, The Wall Street Journal recently called its performance "eerie ... calm ... too quiet." Indeed, if things keep going at the rate they have been going so far, we're on track for the stock markets to gain more than 50% this year. Dow 18,000, anyone?
As Japan Slips, China Moves Into Second Place
China has officially bumped Japan as the world's second largest economy. Japan reported its GDP grew only 1.8% last year to $5.47 trillion, while China's climbed 10.3% to $5.88 trillion.
OECD Cuts World Growth Outlook, Predicts 'Softspot'
The Organization for Economic Cooperation and Development cut its economic growth outlook for 2011, forecasting a "softspot" as governments withdraw stimulus packages. It now expects a 4.2% growth rate, compared with a previous forecast of 4.5%.
George Soros: No Doubt About a Slowdown
A widespread push for fiscal discipline is "the right policy at the wrong time," the famed investor said Wednesday.