ECONOMY & MARKETS

As the Chicago mayor slashes public services and hides details of subsidies, a new report reveals new details about the special account.

Nearly 60 percent of Americans think the U.S. economy is getting worse.

Turkey is a major buyer of Western military hardware, but its defense industry is rising.

Experience is now favored over capacity in Indian IT hiring trends.

The gold dealer USAGOLD says gold prices will rise even if the Fed raises interest rates.

Move follows similar actions at many media companies that are seeing print ads disappearing.

In July Samsung suspended business with Dongguan Shinyang Electronics after China Labor Watch found child workers at one of its plants.

The announcement will occur at the U.S.-Africa Business Forum, part of a three-day Africa summit in Washington.

U.S. District Judge Thomas Griesa said last week Argentina must continue negotiations with mediator Daniel Pollack to reach a deal with holdouts.

The number of Americans living in poor neighborhoods grew three times faster in suburbs than cities in the 2000s.

Americans earning more than $90,000 a year led a rise in daily consumer spending in July, while middle- and low-income Americans spent less.

FT Sistemas S.A. says it’s sending the Horus FT-100 Mini-UAV to an unnamed buyer across the Atlantic.

American and African economists, politicians, business and nonprofit leaders are convening this week to discuss Africa's economic growth.

Under the plan, Banco Espirito Santo, or BES, will be split into a "good bank", renamed Novo Banco, and a "bad bank."

The U.S. is set to announce nearly $1 billion in business deals and $60 million a year for peacekeeping training during the US-Africa summit.

Syndicate Bank reported global deposits had increased 17.7 percent to $35.3 billion in the first quarter of the year.

A 10-foot wall of water is expected to sweep down the Kosi river once landslide debris is cleared.

Young professionals in New England and the Pacific Northwest have similar debt figures, but are better off than Southerners.

Consortium wins bid for Suez hub that will include development of 29,000 square miles around the canal.

The 6.1 magnitude quake hit in the southwest Yunnan province, causing widespread damage

Growth in China’s services sector slipped to a six-month low in July as new orders rose at their weakest rate in at least a year.

New research says that biomass energy contributes to global warming, despite its sustainable aim to replace fossil fuels.

The employment-to-population (EPOP) ratio tells you more about the U.S. economic recovery than the "new jobs" numbers.

That might defy logic, but there's actually a good reason for that puzzling metric from today's U.S. report on labor conditions.

The number of unemployed Americans changed little in July.

July marked the sixth straight month that employment has expanded by more than 200,000 jobs.

The unemployment rate likely held at a six year-low of 6.1 percent, but could surprise on the downside.

The WTO's landmark Trade Facilitation Agreement fell through as India demanded a parallel pact for subsidies and stockpiling food.

India has imposed a record 10 percent duty on gold imports, prompting smugglers to think of innovative ways to bring the metal into the country.