29 February, 2012 | 05:54
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Consumer confidence up in February
NEW YORK (AP) — A private research group says that consumer confidence in February rose dramatically from last month to the highest level since a year ago when the U.S. economy's outlook started to look brighter before souring again.
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28 February, 2012 | 04:59
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China reforms needed to sustain growth, says World Bank
China needs to embrace fundamental free-market reforms if its economy is to continue to grow at the "impressive" pace of the past three decades, the World Bank has said.
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27 February, 2012 | 06:31
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G-20 Debates Increased IMF Aid for Europe
MEXICO CITY—Officials from the world's leading economies debated the next steps to fight the European debt crisis, including conditions for boosting resources at the International Monetary Fund, but appeared set to defer key decisions until late March or April.
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26 February, 2012 | 03:37
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Wall Street inches toward three-year highs
US stock markets climbed steadily, if unspectacularly, this week, nearing three year highs despite worry over rising oil prices and Europe's slow boil debt crisis.
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25 February, 2012 | 09:10
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U.K. Economy Shrank in Fourth Quarter as Companies Scaled Back Investment
The U.K. economy shrank in the fourth quarter as companies scaled back investment, underscoring the risks to a recovery that Bank of England Governor Mervyn King says will be “slow and uncertain.”
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24 February, 2012 | 04:39
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Greek Parliament passes debt writedown deal
ATHENS, Greece (AP) — The Greek Parliament on Thursday approved a massive bond swap that would wipe ?107 billion ($142 billion) off the country's privately-held debt, as new projections showed the economy will suffer the worst contraction in Europe this year.
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23 February, 2012 | 05:43
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Barack Obama seeks to change US corporate tax code
US President Barack Obama is proposing cutting the US corporate tax rate from 35% to 28%, and closing loopholes, as part of a larger push for tax reform.
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