U.S. Federal Reserve officials meeting this week must weigh improving economic data against the risk, reinforced by a persistently weak job market, that a burgeoning recovery remains on shaky ground.
The U.S. economy may have turned a corner after the deepest recession in some 70 years, but Federal Reserve policymakers appear to be in no rush to raise interest rates.
U.S. consumers cut spending in September and turned gloomier this month, underscoring the fragility of the economy's recovery even as signs emerged that manufacturing may be picking up.
U.S. consumer sentiment slipped this month as Americans fretted about personal finances and focused on paying down debt, a survey showed on Friday.
U.S. consumers cut spending in September and turned gloomier this month, underscoring the fragile nature of the economy's recovery even as signs emerged that manufacturing activity may be picking up.
Consumer prices in the euro zone fell year-on-year for a fifth straight month in October, data showed, but they are expected to start growing in November as oil costs rise above year-earlier levels.
U.S. consumer spending fell in September after four months of gains as a government program to boost auto purchases ended, adding to fears that economic growth could stumble without government support.
U.S. consumer spending fell in September after four months of gains as a government program to boost auto purchases ended, adding to fears that economic growth could stumble without government support.
Employment costs in the United States rose 0.4 percent in the third quarter, in line with Wall Street expectations, as the longest recession in decades continued to eat away at worker pay and benefits, Labor Department data showed on Friday.
U.S. government debt prices added small gains briefly on Friday after data showed personal spending fell and income posted no growth in September, supporting the view of a sluggish economic rebound.
Britain's top share index looked set to end the month crawling into positive territory by midday on Friday as U.S. data from the previous session helped lift banks, offsetting weak commodities.
U.S. consumer spending fell in September for the first time in five months as the boost from a government auto incentive faded, data showed on Friday, adding to fears that consumers may be pulling back as they head into the last quarter of the year.
World stocks slid on Wednesday on worries about the pace of economic recovery after a dip in U.S. consumer confidence, while the Australian dollar fell as inflation figures pared bets on an aggressive rate rise.
Asian shares fell on Wednesday after a dip in U.S. consumer confidence revived worries about the pace of economic recovery, while the Australian dollar hit a two-week low as inflation data pared bets on an aggressive rate rise.
Asian shares fell on Wednesday after a dip in U.S. consumer confidence revived worries about the pace of economic upturn, while the Australian dollar eased as inflation data made investors reduce their bets on an aggressive rate rise.
A three-month moving average of a gauge of U.S. economic activity, though below its historical trend, has neared levels seen at the end of previous recessions, a Chicago Federal Reserve report said on Monday.
Following is the prepared text of a speech Bank of Canada Governor Mark Carney was giving in Montreal on Monday.
India's top carmaker Maruti Suzuki warned rising input costs and a stronger yen could put pressure on its margins in the future as it reported a 93 percent jump in quarterly profit on Saturday.
Central banks that worked hand in hand with governments to contain the financial crisis may succumb to political pressure and delay unwinding ultra-loose monetary policy, risking igniting inflation and speculative bubbles.
Britain's economy contracted in the third quarter of this year, quashing hopes the downturn was ending and instead marking the longest recession on record.
China's economic growth picked up last quarter as expected as a combination of breakneck investment and buoyant bank lending more than made up for a slump in exports.
China on Wednesday voiced confidence that the economy has recovered from the global financial crisis, sending its clearest signal yet that it might gradually unwind its ultra-loose pro-growth policies.
