GDP

U.S. Economic Recovery Gains, but Headwinds Persist

A worker does quality checks on razor blades manufactured at Gillette's factory in Boston
While several monthly and quarterly economic data points indicate the U.S. economic recovery is gaining some momentum, investors/readers should also keep in mind several long-term factors that will continue to work against the recovery, and policy makers' effort to lower the U.S. unemployment rate.
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Aurizon Mines operation

Gold Drops, Euro Banks' Need for Cash Sparks Selling

Gold prices fell on Thursday to their lowest level in nearly six months as tight liquidity in the euro zone forced investors to sell the metal, but strong U.S. economic data prompted a stock rally on Wall Street.
Greece's Finance Minister Evangelos Venizelos (R) and Greek central bank chief George Provopoulos

Greek Bond Swap Deal May Soon be Reached: Official

Greece could soon reach a deal with banks and private creditors on a bond swap to reduce its mountain of debt, the government spokesman said on Thursday, as it tries to resolve differences with its creditors and avoid default.
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Greece, Portugal, Ireland Fared Worse in 2011: World Economy Report Card

The world entered 2011 with cautious optimism that things would improve over the gloom of 2009 and 2010. However, the past year has proven to be quite turbulent. The global economy was faced with a myriad of challenges including the European debt crisis, while the overall economic performance in the industrialized world left much to be desired.
U.S. Energy Policy

Oil - It Still Has the United States Over a Barrel

Oil Shock III -- could another surge in oil prices to the stratosphere jeopardize another U.S. economic recovery? Indeed, it is possible, with oil pushing $100 per barrel as 2011 ends, and with little sign of retreating substantially despite sub-par U.S. gasoline demand.
Europe's Markets

Europe's Markets Inch Higher Tuesday at Mid-Day

European stocks crept higher on Tuesday, catching the tailwind of a pre-holiday U.S. rally, while the euro was hamstrung by the prospect of a large Italian debt auction later in the week.
Bank of Canada says Greece exit not the cure

Economy runs out of steam in October

Canada's economy stalled in October after four consecutive months of growth, pointing to a fourth-quarter slowdown as increasing global uncertainty mutes expectations for next year.

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