The Group of 20 major economies sent a message Friday on the threat that rising protectionism poses to the global economy, but the United States cast doubt over its adherence to that stance. US...
The Group of 20 major economies have reached a "broad consensus" that a continued rise in protectionism would be damaging to the global economy, German Finance Minister Wolfgang Schaeuble said...
IMF says pace of global economic growth is picking up The world economy seems to be gaining momentum, according the chief economist The world economy seems to be gaining momentum, according the chief...
Small US businesses are key sources of jobs, but only 40 percent last year received the full amount of private financing they sought, according to a Federal Reserve survey released Tuesday. The...
The US unemployment rate fell to its lowest in almost a decade in March, despite the economy adding a smaller than expected number of jobs. Employers added 98,000 jobs last month - far fewer than the...
US students' debt burden is soaring, creating a barrier to home ownership and economic mobility as well as a potential drag on consumer spending, a senior Federal Reserve policymaker said Monday. The...
Santander will pay about $26 million to settle charges it engaged in predatory subprime auto lending and loan securitization in the US states of Massachusetts and Delaware. Santander Consumer USA, a...
China issued a raft of upbeat data on Tuesday showing the economy got off to a strong start to 2017, supported by strong bank lending, a government infrastructure spree and a much-needed resurgence...
President Donald Trump will meet with Main Street community bankers on Thursday to learn more about their difficulties in complying with the tougher Dodd-Frank financial regulations enacted after the...
The US housing market, a key economic driver, is exceedingly tight, with supply struggling to meet demand as the sector recovers a decade after the housing crisis, analysts say. But persistent and...
Australia's economy gained momentum in the last quarter of 2016, allowing the resource-rich economy to extend its 25-year streak without recession. It brings the country close to breaking the...
Chinese banks lent more money in January alone than the annual GDP of South Africa, as borrowers rushed to take advantage of government policies intended to stimulate the economy with easy credit....
Global equity markets were set to end the week on a softer footing on Friday, after setting record highs in the previous two sessions, as investors looked for clarity on U. S. President Donald...
The US central bank chief sparred with legislators Wednesday over its responsibility for the weak economic recovery, bank regulations and its participation in international bodies. In often...
Chinese bank lending surged in January, the central bank said Tuesday, as concerns grow that a flood of credit is increasing financial risks in the world's second-largest economy. New loans extended...
U. S. Federal Reserve Vice Chair Stanley Fischer said there was significant uncertainty about U.S. fiscal policy under the Trump administration, but the Fed would be strict in meeting targets of...
U. S. import prices rose more than expected in January amid further gains in the cost of energy products, but a strong dollar continued to dampen underlying imported inflation. The Labor Department...
Global economic growth is forecast to accelerate moderately to 2.7 percent in 2017 after a post-crisis low last year as obstacles to activity recede among emerging market and developing economy...
Sub-Saharan African growth is expected to pick up modestly to 2.9 percent in 2017 as the region continues to adjust to lower commodity prices. This according to the January 2017 global economic...
Oil fell by $1 a barrel on Monday as signs of growing U. S. production outweighed optimism that many other producers, including Russia, were sticking to a deal to cut supplies in a bid to bolster the...
