The surprise move follows Denmark's rate cut and the Swiss National Bank's decision to drop its cap on the Swiss currency against the euro.
The Ohio native, also known as Raheel Mahrus Ubaydah, faces at least 40 years in prison on charges stemming from an alleged plot to bomb the U.S. Capitol.
In fact, by carefully easing its economic growth rate, China will contribute to global economic growth, the Chinese premier said.
At this week's Arctic Frontiers gathering, debate turns to shipping and oil extraction as China and Russia express growing interest in Arctic affairs.
While the Taliban is a serious concern, Afghans are also worried about getting a job.
China's shifting of production abroad could be a profound driver of employment through much of the developing world.
The Supreme Court could limit grounds for bringing suits under the Fair Housing Act, a law passed in reaction to King's murder.
In an interview with IBTimes, Brian Moynihan said Congress should implement financial reforms passed in the wake of the 2008 crisis.
British inflation last month unexpectedly tumbled to 0.5 percent, its lowest in more than 14 years and far below the BoE's 2 percent target.
In Davos, the term “New Normal" has come to describe a new mode of development that will trump the old obsession with growth at any cost.
India may have to work around its stringent civil nuclear liability laws to facilitate U.S. investment.
Financial markets are already starting to pay the price of central bank wavering and lack of cooperation with higher volatility.
As widely expected, the Bank of Japan held off on expanding its massive stimulus program.
Many of the world's wealthiest have convened in a luxurious resort to discuss income inequality -- and to reject higher taxes for the rich.
Earnings season rolls on this week with technology companies like Netflix and IBM.
Despite the threat of big climate-related costs to business, CEOs want government to focus more on cutting taxes than on carbon emissions.
The prices of key industrial materials are at multiyear lows, but it’s too early to blame China.
The Dow wavered slightly Tuesday after China's economy grew at its slowest pace in 24 years.
The United Nations said that high levels of unemployment among young people could eventually lead to "social unrest."
Northern Ireland has been under pressure to cut its dependence on a 10 billion-pound annual grant from London to run its public services.
Mervyn King said he was concerned about a persistent weakness in global economic demand, six years on from the depths of the financial crisis.
It was the first time since 1999 that the government had missed a yearly growth target for gross domestic product (GDP).
President Obama's plan to increase taxes on the rich is DOA in the Republican Congress.
The remarks from the PLO's chief negotiator came on a day marked by gunfire, protests and a car bombing.
Oil prices have dropped by more than half since June as output around the world soared while demand growth slowed.
And that might not be so bad -- a move from exports to consumption-led growth could bring long-term stability.
Indian pharmaceutical exports to the U.S. in 2013 amounted to $4.5 billion, or over a tenth of all Indian exports to the U.S. that year.
An Oxfam study has found that the richest 80 people currently have the same amount of collective wealth as those in the bottom 3.5 billion.
The euro fell from nearly $1.40 in May to $1.15 last Friday, its slide gathering pace as expectations mount that the ECB will launch QE.
Swiss Finance Minister Eveline Widmer-Schlumpf says she anticipates the exchange rate to settle down at around 1.10 francs per €1.00.