GDP

A sculpture showing the euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt

Euro Area Growth to Slow Next Year - OECD

The euro area is headed toward a sharp economic slowdown in 2012, with some countries set for negative growth, and failure to restore confidence in battered state finances could prompt a major contraction in developed countries, the OECD said on Monday.

Kyrgyz Premier Wins Presidential Election by Wide Margin

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Kyrgyzstan's Russian-backed prime minister was poised to become president of the strategically important former Soviet republic Monday, with nearly all votes counted in an election set to be disputed by disgruntled rival candidates.
Occupy Wall Street

Occupy Wall Street - Giving Voice to Economic Problems, or Just Hype?

It’s convenient to think that the economic and social problems in the United States that Occupy Wall Street has given voice to will go away by passing a flat tax, cutting taxes again on upper-income groups, or perhaps by just ignoring everything. But the economic and social problems are there, Occupy Wall Street or not.
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U.S. Federal Reserve

With Europe Plan in Place, All Eyes Turn to Fed

The ink is barely dry on European leaders’ plan to resolve the Greek / Europe debt crisis, and attention has already turned to the U.S. Federal Reserve. Is there enough liquidity in the global financial system or will Fed Chairman Ben Bernanke need to deploy more monetary stimulus to grease the wheels of commerce?
Unleaded gas price is displayed at JJ's Express Gas Plus station in Phoenix gas station in Phoenix

Consumers, Businesses Pump up U.S. Q3 Growth

U.S. economic growth increased at its fastest in a year in the third quarter as consumers and businesses set aside fears about the recovery and stepped up spending, creating momentum that could carry into the final three months of the year.
Unleaded gas price is displayed at JJ's Express Gas Plus station in Phoenix gas station in Phoenix

Consumers, Businesses to Pump up 3Q Growth

Economic growth likely gathered steam in the third quarter as consumers and businesses set aside fears and stepped up spending, creating momentum that is expected to carry into the final three months of the year.
Late Chinese leader Mao Zedong is seen on a 100 yuan banknote in this photo illustration taken in Beijing

Exclusive: China eyes creation of ASEAN Bank

China is considering a proposal to set up a regional bank to help its small and medium enterprises invest in Southeast Asian neighbors, fund infrastructure projects and promote development in southwestern China, two independent sources said.
A trader works on the floor of the New York Stock Exchange

U.S. Stock Index Futures Point Higher

Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures rising 1.5 to 1.8 percent at 5:05 a.m. EDT.
Greece: Bond Vigilante Target

Why Greece Matters to Your Life

A whirl-wind day in the financial crisis: the European Central Bank renewed loans to key banks, and Germany backed an increase in the bailout fund ahead of a European leader summit to discuss debt-plagued Greece. Is the crisis over? Far from it, but it is a start. Here's how the Greece situation can affect your life.
Incoming ECB President Draghi speaks at the "World Savings Day" meeting in Rome

Eurozone gets ECB boost, summit deal uncertain

The incoming head of the European Central Bank threw the euro zone a lifeline hours before a crucial summit on Wednesday which looked set to fall short of a definitive plan to tackle the bloc's debt crisis.

Incoming ECB Head Gives Eurozone Pre-Summit Boost

The incoming head of the European Central Bank threw the Eurozone a lifeline hours before a crucial summit on Wednesday by signaling the bank would go on buying troubled states' bonds to combat market turmoil.

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