ECONOMY & MARKETS

The ECB's Mario Draghi says politicians should be doing more to reduce unemployment rates in the Eurozone.

The settlement is valued at $1.2 billion after deducting the current estimated value of the low-quality securities.

One Chinese company is using 3D printing to build houses. But it may be too early to say the construction revolution has truly arrived.

Raising rates too quickly could weaken the job market as money to expand and create jobs becomes more expensive, Yellen said.

Here are the five biggest takeaways from Federal Reserve Chair Janet Yellen’s speech at the Jackson Hole Economic Policy Symposium.

Nearly 31,000 single family homes were flipped nationwide in the second quarter of 2014. Here's where you can get the best returns.

Fed Chair Janet Yellen opened the Jackson Hole conference on Friday.

The loss of nearly 62 trillion gallons of groundwater has caused an "uplift" effect across the 11-state region, scientists say.

Jobless claims and existing home sales reports show U.S. economy improving early in the third quarter.

Wall Street is facing pressure to improve working conditions for junior employees after a banking intern's death last year, likely caused by his long hours.

Federal Reserve Chair Janet Yellen's speech this Friday at an economics conference in Wyoming could have big implications for the U.S. economy.

The transaction, which is said to be the biggest in Infineon’s history, is expected to close later this year or in early 2015.

The median income in the U.S. has risen for the last three years, according to a new report, but hasn't recovered to pre-recession levels.

While the "Third Pole" melts at an alarming rate, the region is also amidst a pollution crisis. A disruption of life for billions is at stake.

Apartment construction fuels less economic growth than single-family housing construction.

Experts fear an explosion could propel a massive ash cloud into the atmosphere and disrupt global air traffic.

Overstock.com customers shopping from outside the U.S. will be able to pay in bitcoin starting in September.

The business software giant, in a bit to tap into Africa's demographic dividend, will train 10,000 IT consultants.

Recent research concludes that large, privately held companies are faring better than public companies.

As used car prices fall, so to do new-car sales. Could this impact the growth in new-auto sales? Some think so.

The Junction Fire is the latest blaze in drought-stricken California.

The weak growth in income signals slack in the labor market, or too many job-seekers eager for work to pressure employers to raise wages.

Bitcoin's price has been in a virtual free fall recently, losing about half the value it had last year. Today it has surged more than 8 percent.

Before the Fukushima nuclear disaster, more than 100 tons of rice, peaches and apples were being exported annually from the prefecture.

Tuesday's government report on the U.S. Consumer Price Index is this week's most important economic news.

Prospects for labor strife aren't the only thing cutting down on the volume of cargo going through U.S. West Coast ports.

Global rubber surpluses will drop by nearly 50 percent next year as producers temper their taps and China makes more tires.

The Chinese government plans to invest as much as $170 billion over the next five to 10 years in the industry, according to a McKinsey report.