GDP

Next week could see some major worldwide financial implications, depending on what three of the world's largest central banks do at their scheduled meetings.

The 2012 Olympics Opening Ceremony will draw the world's audience to London on Friday night, but signal an Olympics that will be more glitz than substance for the host city.

The U.S. economy grew more slowly in the second quarter than in the first three months of the year as consumers, struggling with a softening jobs market, spent less, the Bureau of Economic Analysis said Friday.

Rationing was so severe, that British athletes were forced to consume whale meat for sustenance.

U.S. GDP grew 1.5 percent in the second quarter, slightly better than economists expected but less than the previous quarter's growth and not enough to bring down the unemployment rate, the Bureau of Economic Analysis said Friday.

U.S. stock index futures point to a higher opening Friday following expectation among investors that central banks around the world will announce stimulus measures to regain the economic growth momentum.

Japan’s retail sales growth slowed down in June as compared to May, indicating that private consumption being affected by the faltering global economic conditions.

The latest figures on U.K. GDP, released this week, were so demoralizingly bad that some economists and market-watchers are simply refusing to believe them, suggesting they are the result of a statistical anomaly and will be subject to large upward revisions soon.

The Mombasa Republican Council has been granted legitimacy by the country's high court, setting the stage for a political battle that could threaten Kenya's stability.

The Spanish crisis, last week’s German vote, talk of a possible withholding of funds for Greece, and now the downgrading of the credit outlook for Europe’s strongest economies, point to a worsening of the financial crisis, a reduction in support for the euro, and a global economy increasing at risk.

The U.S. shale gas boom will not lead to a near-term surge in U.S. gross domestic product growth or to a substantial decline in the unemployment rate, according to HSBC Chief U.S. Economist Kevin Logan.

What if more Americans carried loaded guns on a regular basis... and what does Switzerland have to do with all of this?

The more data market-watchers have seen on the U.S. economy, the less they like what they've seen. Specifically, predictions on what the government might report as the rate of GDP growth in the second-quarter of 2012 have plummeted in the past few weeks, as economists adjust their models to one disappointing data release after another.

Asian stock markets advanced for the first time in five days on Thursday as disappointing U.S. housing data boosted hopes for further monetary stimulus from the Federal Reserve.

South Korea's economic growth slowed down to 0.4 percent in the second quarter compared to previous three months, weighed down by the faltering global economy and the intensifying debt crisis in the euro zone, data released by the Bank of Korea Thursday showed.

Why Ghana has been spared much of the chaos that surrounds it in West Africa?

Caterpillar Inc. (NYSE: CAT), the world's largest maker of construction and mining equipment, is expected to report strong second-quarter profit as resurgent sales of construction machinery in the U.S. and ongoing global demand for mining equipment offset weakening sales in Europe, China and Brazil. The impact of acquisitions will also play a part.

For the last three years, the consensus has been that a robust and self-sustaining recovery for the U.S. economy is on the cards, but economist Nouriel Roubini, dubbed Dr. Doom, thinks that it's not likely to happen, rather he expects below trend growth for many years to come.

China's manufacturing activity rose in July compared to that in June, according to the preliminary HSBC Flash Purchasing Managers Index (PMI) released Tuesday.

Greece's Prime Minister Antonis Samaras likened his country's deep economic slump in the wake of the European debt crisis to the Great Depression of the 1930s in the U.S. while meeting with former U.S. President Bill Clinton in Athens.

Two Canadian sisters die mysteriously in their rented island bungalow, believed poisoned. Less than a week later, an Australian woman is stabbed to death in Phuket. Their deaths are the latest in a tumult of violence to shake tourism in postcard-perfect Thailand.