Between 1979 and 2007, the richest 1 percent of Americans saw inflation-adjusted, after-tax income surge 275 percent, while low and middle-income Americans saw their income grow by only a fraction.
On the Barack Obama birth certificate question that doesn't go away, GOP presidential candidate Rick Perry should take a cue from his most powerful endorser, Louisiana Governor Bobby Jindal, and put the issue to rest from his campaign perspective.
The Volcker rule has created a new battlefield over Wall Street pay that banks fear will send their star traders and hedge fund advisers fleeing.
British factory orders fell at their fastest pace in a year in October and firms expect to cut output, a survey by a leading business lobby group showed on Wednesday, reinforcing fears the economy may tip back into recession.
New single-family home sales rose at their fastest pace in five months in September, a government report showed on Wednesday, but sustained price declines indicated the housing market is far from recovery.
Police arrested at least 85 people and cleared a camp used by anti-Wall Street protesters near the Oakland, California, city hall early on Tuesday, a city spokeswoman said.
Police and protesters scuffled in the streets of Oakland on Tuesday as more than 1,000 people marched on city hall to voice anger over scores of arrests at an Occupy Wall Street camp.
After months of dire predictions for the economy, including warnings of a new recession, forecasters are singing a different tune.
Mauritania's current economic growth rate is not high enough to significantly dent poverty and the country will next year face the twin challenge of drought and uncertainty over mining revenues, the International Monetary Fund said.
South Africa will see its budget deficit widen a touch this year to support a weak recovery, but aims to constrain expenditure and keep debt in check and over the following three years.
An Egyptian court ruled on Tuesday that Egyptians living abroad should be allowed to vote at embassies in upcoming parliamentary and presidential elections, a judicial source said.
The total of U.S. state debt, including pension liabilities, could surpasses $4 trillion, with California owing the most and Vermont owing the least, according to an analysis released on Monday.
President Barack Obama will tout newly unveiled measures on Monday aimed at aiding struggling homeowners and easing the U.S. housing crisis on the first leg of a campaign-style swing through western states crucial to his re-election in 2012.
Fernandez trounced her opponents, gaining almost 54 percent of the electorate – her closest challenger, Socialist Hermes Binner polled only 17 percent.
The euro zone's private sector tipped further into decline in October, according to business surveys on Monday that showed the bloc's economy is in serious danger of lurching from stagnation into outright recession.
Argentina's center-leftist president, Cristina Fernandez, won a landslide re-election victory Sunday as voters credited her unconventional policies for a long economic boom.
Argentina's fiery center-leftist president, Cristina Fernandez, swept to a landslide re-election victory Sunday, crowning a comeback that seemed unthinkable for much of her turbulent first term.
The rise of the Occupy Wall Street protest movement is the Republican Party's worst nightmare. It’s an objective data point that no amount of liberal-bashing, Obama-bashing or jingoist appeal to patriotism can blot out: The U.S. economic system of corporate capitalism might need economic and fiscal reforms.
European Union leaders piled pressure on Italy on Sunday to speed up economic reforms to avoid a Greece-style meltdown as they began a crucial two-leg summit called to rescue the euro zone from a deepening sovereign debt crisis.
Unemployment rates fell in California with construction, government, transportation and other once-troubling sectors showing signs of improvement.
The Nevada Republican Party pushed the date of its presidential nominating caucus back to February 4, bowing to pressure not to undermine the New Hampshire primary that has traditionally been one of the first key contests for presidential contenders.
To paraphrase singer Britney Spears, Oops, she did it again. In this case, she is conservative commentator/columnist Ann Coulter, who says the Occupy Wall Street protest movement is a mob and similar to mob uprisings.
