The U.S. economy lost jobs for the third month in a row in August, but modest hiring by the private sector eased concerns of a double-tip recession...Read More
Jean-Claude Trichet has raised his forecast for growth in the EU area for the rest of this year from 1.0% to 1.6%. But Europeans should not uncork the champagne just yet...Read More
Sustained debt reduction need not be a cause of weaker growth in the aftermath of a crisis, as long as policy makers fix the problems that caused the turmoil in the first place, the Bank for International Settlements said....Read More
The Obama administration is moving toward using the revenue from expiring tax cuts for the wealthy to finance about $35 billion of tax cuts for small businesses and workers...Read More
Washington's response to the country's stubbornly high unemployment rate will depend in part on who wins an increasingly intense debate over its causes...Read More
Gold prices are edging up toward a high, at $1,249.20 an ounce, triggering multibillion-dollar deals by miners doubling down on the staying power of bullion's nearly decadelong rally...Read More
Capital spending by Japanese businesses slipped during the quarter ended June, but inventory investment surged, suggesting the government will revise upward its GDP growth estimate for the quarter...Read More
Brazil's economy maintained its torrid pace of growth in the second quarter, continuing a boom in Latin America's largest economy despite a series of interest rate hikes...Read More
Fed chief Ben Bernanke told a panel that he had no options to prevent Lehman Brothers' failure in September 2008 even though he knew its downfall would be "catastrophic."...Read More
South Korea's Samsung Electronics is considering investing a record $25.55 billion next year to bolster its existing operations and expand into new business segments....Read More
Sustained debt reduction need not be a cause of weaker growth in the aftermath of a crisis, as long as policy makers fix the problems that caused the turmoil in the first place, the Bank for International Settlements said....Read More
The Tokyo exchange is fighting to remain relevant and compete with its Asian rivals, specially those in China. The Wall Street Journal interviews TSE Chief Executive Atsushi Saito....Read More
The board of Rosneft nominated Eduard Khudainatov as the new head of the state-controlled oil major, less than a day after Russian President Dmitry Medvedev's ordered his appointment...Read More
A key interest rate on short-term loans between banks is at its lowest level in five months, but the decline may be more a sign of bank caution than an all-clear for the financial markets...Read More