Fears of a double-dip recession in the U.S. receded temporarily Thursday after Washington said consumers bought more appliances and businesses spent more on construction this past summer.
The Athens Stock Exchange surged as much as 6 percent in Thursday trading.
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.
With Hispanic voters upset at Republican presidential candidates over immigration, President Barack Obama played to a Latino audience on a trip to the West this week to shore up support from a group that is key to his re-election hopes.
Occupy Oakland protestors will attempt to retake Ogawa Plaza again tonight, following the news that an Iraq war veteran was severely injured during a violent clash between police and protestors last night. As Mayor Quan is threatened with recall and mass arrests spread through occupied zones in the U.S., will the Oakland riots' violence spread?
European leaders are negotiating with Greek bondholders, publicly stating investors will have to take substantial losses. Their stance is in stark contrast to the way debt holders have been coddled in programs managed by the U.S. Federal Reserve
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.
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.
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.
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.
