Unions, students and others have protested the proposed cuts by staging huge demonstrations in Barcelona, Madrid and other cities across the beleaguered country.
Steep depreciation of the Japanese currency is likely before long, the Shanghai-based economist predicts. “A financial bubble doesn't burst slowly. When it occurs, it just pops.
The United States announced a $10 million reward for information leading to the arrest of Hafiz Safeed, an alleged terrorist from Pakistan. The move, lauded by India, is likely to strain the already tense relationship between Pakistan and the United States.
Stocks extended losses on Tuesday after minutes from the most recent meeting of the Federal Reserve's policy-setting committee showed the Fed appeared less keen to launch additional stimulus measures.
In the face of falling exports as a percentage of its economy, China is trying to get its citizens to overcome a long-held propensity to save and start spending more on consumer goods.
After the Mumbai attacks, Saeed and other LeT members were arrested by Pakistani police, but later released on appeal.
Federal Reserve policymakers appear less keen to launch a fresh round of monetary stimulus as the U.S. economy improves, according to minutes for the central bank's March meeting.
The 1940 Census records highlight some major lifestyle differences between then and now. One of the biggest differences? Healthcare.
U.S. sales of autos surged in March as consumers decided to replace aging gas-guzzlers and take advantage of low interest rates, especially to buy fuel-efficient vehicles.
Saudi leaders said such a drawdown was unnecessary.
Stocks edged lower on Tuesday after a strong start to the second quarter and ahead of the release of minutes from the most recent meeting of the Federal Reserve's policy-setting committee.
Federal agents raided Oaksterdam University -- America's first cannabis college -- Monday, as well as the home of founder Richard Lee, confiscating bags of medical marijuana, cannabis plants and business documents. Here are five things to know about the medical marijuana entrepreneur:
It's a Trojan horse, the president said of Republicans' proposed 2013 budget. Disguised as deficit reduction plan, it's really an attempt to impose a radical vision on our country.
Martha Johnson quit as administrator of the agency that monitors conference spending by other federal entities, saying taxpayer dollars were squandered on a 2010 conference that totaled $822,751.
Chip stocks eased Tuesday after the Semiconductor Industry Association published data showing sales increased for the three months ended in February.
Gold held near $1,675 an ounce on Tuesday as investors took to the sidelines ahead of the release of minutes from the Federal Reserve's latest policy meeting, which will be closely watched for clues on the direction of monetary policy.
Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude, industry sources said.
Auto sales continued a robust pace in March, boosted by consumers with more confidence in a recovering U.S. economy who want to buy fuel-efficient cars and trucks in the face of rising gasoline prices.
General Motors Co. announced its March car sales were up 11.8 percent Tuesday on the strength of Chevrolet sales.
The Prime Minister warned that Israel needs to urge the international community to continue pressuring Iran into giving up its atomic ambitions.
Ford Motor Co. had its strongest March car sales in five years, increasing sales 5 percent over last year, the company reported Tuesday.
Chrysler Group LLC reported its March 2012 U.S. sales increased 34 percent, the best monthly sales in four years for the company.
