ECONOMY & MARKETS

The economies of China and India have grown twice as fast as the U.S. since 2005, the World Bank said.

The bank is expected to predict consumer inflation will accelerate this year in its semi-annual outlook report.

Sanctions? What sanctions? Western oil majors yawn at the West's sanctions against Rosneft CEO and other Putin allies.

Wall Street Bank representatives are heading to Russia for a conference. It's not political, it's just business.

"Whatever path Russia chooses, the United States and our allies will stand together in our defense of Ukraine," Sec. of State John Kerry said.

If Britain keeps this up, it's going to replace Germany as the "strong man" of Europe.

Russian Foreign Minister Sergei Lavrov slammed U.S. and EU sanctions over the Ukraine crisis Tuesday, saying they defied common sense.

U.S. consumers assessed current business and labor market conditions less favorably than in March, the Conference Board said.

Economists surveyed by Bloomberg News had expected year-over-year prices to increase 13.0%.

While the U.S. scored points with skeptical Asia allies simply by showing up, not everything followed the White House plan.

Samsung is pinning its hopes on the latest Galaxy S5 phone to boost earnings over the next few quarters.

The latest round of sanctions on Russia hits people close to Putin, but they won't make a dent in the world's sixth-largest economy.

The International Monetary Fund Monday critiqued Japan's touted economic reforms in a report.

The decision brings to 48 the number of people the EU has put under sanctions for, it argues, helping undermine Ukraine's territorial integrity.

A Russian diplomat said the measures were illegitimate/uncivilized and that restrictions on U.S. high-tech exports are "Cold War" practices.

The new sanctions list includes seven Russian officials and 17 companies, from the financial, energy and infrastructure sectors.

Templeton Group's Mark Mobius said his emerging markets fund holds about $200 million in Ukrainian stocks and $500 million in Russian equities.

Ukraine has been trying to secure alternative supplies to those from Russia's Gazprom since Moscow annexed Crimea last month.

Two people from the Russian president's inner circle are among the seven whose U.S. assets have been frozen, in this third round of sanctions.

The European Union is also expected to add targets to its Russia sanctions list on Monday.

The flow of investment has preceded the outcome of the ongoing elections, which many hope will put India back on the growth path.

Toyota plans to move its sales and marketing headquarters to suburban Dallas from Torrance, Calif.

“Too much of Africa’s recent prosperity depends on China’s own continued prosperity and rapid growth,” says one expert.

Russia's interest rate hike after an S&P downgrade signals growing concern the nation may trade economic growth for territorial ambition.

After a decade of cost overruns, the Pentagon says the fighter jet project is back on track, but it's using some dubious projections.

President Obama and Japan Prime Minister Abe had been seeking to show that the alliance was strong in the face of a rising China.

U.S. consumer sentiment is trending higher, but survey professionals caution that backslides have occurred in the past few years.

Merkel added that the EU and G-7 nations would consider part two of a potentially three-stage sanction punishment process.

So far, second-quarter outlooks for S&P 500 companies are much more optimistic than the previous two quarters.