GDP

Michigan Consumer Sentiment Index Narrowly Beats Expectations

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The University of Michigan/Thomson Reuters Index of consumer sentiment, a widely followed metric that measures how consumers perceive both the economy and their own finances, rose to 75.0 in January, according to the organizations behind the monthly survey.

Wall Street set for lower open after GDP data

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U.S. stocks were headed for a lower open on Friday after data showed the U.S. economy grew less than expected in the fourth quarter, while weak earnings from Ford and Procter & Gamble and concerns over Europe's debt crisis could also weigh on the market.
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Greeks Progress Toward Deal with Private Creditors

Greece and its private creditors made progress Thursday in talks on restructuring its debt, both sides said, and they will continue negotiating on Friday with the aim of sealing an agreement within a few days.
PMI Stable despite Manufacturing Slide in February

U.S. Economic Snapshot: How Are We Doing?

The U.S. economy is not robust by any means, but the recent manufacturing-driven recovery, if tepid, is finally beginning to erase memories of the disappointing slowdown in 2011. On the wings of the recent gains, growth in most sectors of the economy is likely to continue - and maybe even pick up momentum towards the end of the year.
Charles Dallara

ECB at Center as Greek Debt Talks Resume

Greece's tortuous negotiations over a debt swap with private creditors entered a new phase on Thursday with focus on how much the European Central Bank and other public creditors may need to contribute.
IMF managing director Christine Lagarde may have hinted that the Federal Reserve should roll out QE3

Greek Debt Talks Resume in Race Against the Clock

Greece resumes tortuous negotiations on a debt swap with private creditors in Athens on Thursday, with all eyes on the European Central Bank after IMF chief Christine Lagarde said public sector holders of Greek debt may need to take a haircut too.
State of the Union 2012

State of the Union 2012: Obama Focuses on Jobs, Economic Fairness

President Barack Obama Tuesday used his 2012 state of the union address to the American people and Congress to propose initiatives to create jobs, help companies increase their U.S.-based operations, and help Americans learn the skills they need to succeed in the modern/postmodern global economy.
Jonathan Ive

Apple Earnings: Did Jobs’s Roadmap Include U.S. Jobs?

While shares of Apple, the most valuable technology company, fell about 1 percent to $422.37 Tuesday ahead of its first-quarter earnings announcement, TechnoBuffalo editor Jon Rettinger warned the company is swimming in uncharted waters.
Head of IIF Dallara enters Greek Prime Minister's office in a car in Athens

Greece's Creditors Exit Athens, but They Will be Talking via Phone

The representatives of Greece's private creditors left Athens unexpectedly on Saturday without a deal on a debt-swap plan that is vital to avert a disorderly default, sources close to the negotiations told Reuters. Negotiations will continue over the phone during the weekend.
An European Union flag flies as tourists visit the ancient hill of the Acropolis in Athens January 20, 2012.

Europe's New Treaty to Tighten Budget Rules: Q-and-A

European Union ministers meeting on Monday will attempt to reach agreement on a new treaty enforcing stricter budget controls in the Eurozone that could allow the bloc's highest court to fine countries that do not adopt key rules.
Mexico

Is Mexico's Drug War Hurting Tourism?

In the five years since Mexican president Felipe Calderon began to use the military to combat the country's powerful drug cartels, some 50,000 people have been killed. With people being murdered in the country nearly every day, how is the violence affecting Mexico's tourism industry?
General Electric

General Electric Earnings Report Expected to Show More Growth in 4Q

General Electric, the U.S.'s largest industrial manufacturer, is expected to report a 22.3 percent fourth-quarter profit increase when it announces its earnings Friday, driven by strong equipment order and pricing trends and growth in the aviation and energy infrastructure sectors. It marks the seventh straight quarter of operating earnings growth.

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