ECONOMY & MARKETS

Consumer spending is one of the most important elements of the country’s economy, which has been hit hard by rising interest rates and China's economic slowdown.

U.S. stocks opened lower Friday after surging a day earlier on China’s announcement of new stimulus measures to check its rapidly cooling economy.

The Erawan shrine bombing that killed 20 isn't expected to overly affect tourism, either, a Thai official said Friday.

Foreigners will no longer be restricted to one property in China, as the country seeks to boost the slowing real estate sector, seen as key to the economy.

Chinese stocks rose sharply after a state pension fund said it will invest over $300 billion in the stock market. Only Hong Kong bucked the trend.

China needs to make its service sector more "open, dynamic and innovative" by giving foreign service providers a "level-playing field," an American nonprofit said.

China's slowdown is providing Indian exporters with new problems as well as new opportunities.

The fast-food industry was dealt a historic blow by the National Labor Relations Board on Thursday.

As the country’s economy slows, the rift between official growth figures and independent analyses is widening.

Disputes are common in the faltering export-oriented manufacturing sector.

With an estimated $28 billion a year lost to inefficiency, experts say the U.S. scientific community needs to invest more heavily in verifying results.

Nigeria’s oil dependency has also put the country’s economy at risk in the wake of a global oil glut, which is compounded by the prospect of weakened Chinese demand.

Both countries stand to benefit from adopting Russia's currency in tourism transactions.

In December, authorities announced about 21.5 million people were living in China's capital.

Automated, computer-based trading accounts for roughly half today's trade volume, exposing the markets to increasing instability, critics claim. So, why don't we put a tax on it?

The bounce-back suggested investors have gained some confidence, at least for the short term, but the fate of oil prices remains uncertain.

"China needs to drop the fantasy of keeping a high growth rate of 7 or 8 percent and just accept 6, 7 or even 5 percent," said Wang Jianlin, CEO of the Dalian Wanda Group.

The deal provides the war-torn nation an immediate debt relief of approximately $3.6 billion.

Wednesday's rise on the Dow reassured markets while the Bank of Japan downplayed fears about China's economy.

The decision was driven by customer demand, not politics, a company spokesman said Wednesday.

While the Shanghai Composite Index has dropped by more than 40 percent from a mid-June peak, it is still up 35 percent from this time last year.

This week's stock market news has drawn more viewers to the business channel, which had pulled out of the Nielsen ratings system claiming it undercounted its audience.

Some analysts believe Beijing's stock market policy -- and economic strategy -- need to be much more transparent.

Officials are looking to prevent large capital outflows following "Black Monday."

Can the ALS Association turn the viral phenomenon into an annual fundraiser?

Oil-field service provider Schlumberger has agreed to purchase oil gear provider Cameron with hopes of breakthroughs in well technology.

Oil-producing nations are reeling from the latest drop in crude prices, which threatens to further erode federal budgets and fuel political insecurity.

China's rate cuts reassure some investors, but concerns about the Chinese economy, and Tuesday's falls, spook others.

Macau, the only place in China where citizens are allowed to gamble in casinos, has long been considered a money laundering hub.