ECONOMY & MARKETS

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.

The White House says Obama wants to make the tax system fairer for the middle class.

Customers will be happy with their new-found savings, but dairy farmers will pay the price of this year's expected milk bust.

The Dow rallied Friday after confidence among U.S. consumers soared to an 11-year high.

It's not the first time officials are calling out U.S. officials for something like this.

The "No. 1 killer of giant pandas" has an 80 percent fatality rate for those infected.

Lower prices would eventually start to curb output and boost demand, according to the International Energy Agency.

The forecast is in line with Russia's earlier announcement that its GDP may fall by 5% in 2015 if oil prices remain at about $40 a barrel.

With analysts betting on more gloom in 2015, China is widely expected to loosen policy further in coming months to stoke activity.

The world's largest oilfield-services company's performance was hurt by a sharp decline in oil prices.

After the Dow dropped more than 100 points Thursday as oil prices decline, analysts are looking ahead to Intel's earnings.

Citigroup and BofA shares dropped Thursday after profits missed estimates, signaling a lackluster earnings season for the banking sector.

For Russia, oil revenue pays for half of its budget; for Venezuela, it's 96 percent.

Swiss National Bank scrapped a three-year-old cap on the franc, sending the safe-haven currency soaring through the 1.20 per euro limit.

The Reserve Bank of India said it could cut interest rates further should inflation continue to ease.

The nation's taxpayer advocate says the government is operating in a state of "collective denial."

Oil prices are causing energy firms to lay off employees, underscoring concern for the U.S. economy, according to the "Beige Book."

The price of the basic ingredients of economic growth are falling, but few are ringing alarm bells -- so far.

Dilma Rousseff has focused on restoring investor confidence in Brazil, but raised eyebrows when she scrapped plans to attend the World Economic Forum next week.

The Dow tumbled Wednesday after crude oil inventories rose more than expected, while retail sales and bank earnings missed.

Credit India's efforts to deregulate its economy plus China's decision to slow its economic growth with the coming change.

Retail sales dropped last month, surprising economists after consumer spending was expected to jump as gas prices tumbled across America.

JPMorgan's shares dropped more than 2 percent Wednesday after the investment giant's profit dropped 6.6 percent due to legal expenses.

New data show poor families pay double the state and local tax rate that is paid by the top 1 percent of households.

The latest figures on rural education in India indicate that key indices are declining, or are at best stagnant.

Commodities came under pressure after the World Bank cut its forecasts for global growth, reinforcing worries of a gloomy economic outlook.