ECONOMY & MARKETS

Europe's jobless rate is getting worse, not better. In Spain and Greece, jobless youths number well above 50 percent.

China's manufacturing activity expanded at a slower rate in February, data released Friday by the National Bureau of Statistics showed.

India’s manufacturing sector expanded at a higher-than-expected rate in February, backed by strong domestic orders, HSBC India Manufacturing PMI said.

The International Monetary Fund says the budget action would lead to an economic slowdown in the U.S., which would ripple across the globe.

Although 4Q GDP was revised higher, the economy must grow at a much stronger rate to lower the U.S.' high unemployment rate.

The one-year tax is one of the ways India aims to cut inflation, reduce the deficit and improve its credit rating.

What are the odds of a British exit from the European Union, or a “Brexit,” and what would it mean for investors and the global economy?

Finance Minister P. Chidambaram presented the budget for 2013-14 on Thursday as the country's growth has slowed significantly.

The underlying strength of the report suggests that business investment started the New Year on a particularly strong note.

A full Senate vote is expected to occur this week.

However, the headline consumer confidence index is still well below the long-term average of 92.

Canada started the process of phasing out its one-cent coin. What are America's plans for the future of its penny?

Fluctuating lunar calendar celebrations make gauging Chinese factory output in the first two months of 2013 a challenge.

The Japanese government is set to raise over $10 billion from a sale of stake in a tobacco company to fund the reconstruction of areas devastated by the 2011 earthquake and tsunami.

China manufacturing activity dropped to a four-month low of 50.4 in February pulling back from a two-year-high of 52.3 recorded in January, a survey by HSBC-Markit showed Monday.

In a major blow to the United Kingdom, Moody's Investors Service stripped the country of its coveted triple-A sovereign rating on Friday, saying the nation's rising debt burden and weak growth prospects weigh on the economy. Moody’s lowered the U.K.'s domestic and foreign-currency bond rating by a notch from Aaa to Aa1.

The world's most accurate forecaster of the U.S. economy is a 26-year-old Frenchman who has never been to the U.S.

The latest PMI survey showed that the downturn in the euro zone’s businesses worsened unexpectedly in February, particularly in France.

A new report suggests that across-the-board discretionary spending cuts could cause GDP to slow this year.

ASEAN economies likely will see much more favorable demographics compared to Northeast Asia.

Japan posted its worst-ever trade deficit of $17.4 billion in January, despite a surge in exports. A weak yen led to higher fuel import costs.

German investor sentiment soared to its highest level in nearly 3 years in Feb., adding to signs that the worst of the euro crisis is over.

Global growth will still be fairly weak this year, but there’s no denying that industrial conditions have recently improved.

The Dow has vectored toward 14,000, but investors in U.S. stocks would be wise to keep one eye on Washington and one on the price of oil.

Japan’s industrial output rose 2.4 percent in December, but less than the initial estimate of 2.5 percent.

A bigger-than-expected GDP contraction in Q4 brought a dismal end to a very difficult year for the euro zone.

In 1974 the federal minimum wage was $2 an hour ($9.31 in 2012 dollars), higher than the current rate.

India’s headline inflation declined sharply to 6.62% in January from 7.18 percent in December – its slowest pace in three years.

Japan’s GDP fell 0.1% in the the fourth quarter. It had been expected to grow by 0.1%. Will its economy ever recover?