Great Recession
Consensus In G20 That Protectionism ‘damaging’ For Global Economy
The Group of 20 major economies have reached a "broad consensus" that a continued rise in protectionism would be...
IMF Says Pace of Global Economic Growth Is Picking Up
IMF says pace of global economic growth is picking up The world economy seems to be gaining momentum, according the...
Small US Businesses Face Financing Challenges
Small US businesses are key sources of jobs, but only 40 percent last year received the full amount of private...
US Unemployment Rate Falls To 10-Year Low
The US unemployment rate fell to its lowest in almost a decade in March, despite the economy adding a smaller than...
Student Debt May Drag On Home Ownership
US students' debt burden is soaring, creating a barrier to home ownership and economic mobility as well as a potential...
Santander USA To Pay $26 Mn In Subprime Auto Settlement
Santander will pay about $26 million to settle charges it engaged in predatory subprime auto lending and loan...
China’s Economy Gets Off To Strong Start In 2017 As Investment Rebounds
China issued a raft of upbeat data on Tuesday showing the economy got off to a strong start to 2017, supported by...
Trump To Meet With U.S. Community Bankers On Regulatory Costs
President Donald Trump will meet with Main Street community bankers on Thursday to learn more about their difficulties...
Tight Market Governs Housing Recovery, Analysts Say
The US housing market, a key economic driver, is exceedingly tight, with supply struggling to meet demand as the sector...
Australia Goes 25 Years Without Recession
Australia's economy gained momentum in the last quarter of 2016, allowing the resource-rich economy to extend its...
China’s Huge Debt Poses Big Headache For Central Bank
Chinese banks lent more money in January alone than the annual GDP of South Africa, as borrowers rushed to take...
World Stocks Lose Momentum After Record-Breaking Week
Global equity markets were set to end the week on a softer footing on Friday, after setting record highs in the...
Fed’s Yellen Spars With Lawmakers On Regulation, Economy
The US central bank chief sparred with legislators Wednesday over its responsibility for the weak economic recovery,...
China New Bank Loans Surge In January To $300 Bn
Chinese bank lending surged in January, the central bank said Tuesday, as concerns grow that a flood of credit is...
‘Significant Uncertainty’ About Fiscal Policy Under Trump
U. S. Federal Reserve Vice Chair Stanley Fischer said there was significant uncertainty about U.S. fiscal policy under...
Energy Products Boost U.S. Import Prices In January
U. S. import prices rose more than expected in January amid further gains in the cost of energy products, but a strong...
Global Growth Edges Up To 2.7 % Despite Weak Investment
Global economic growth is forecast to accelerate moderately to 2.7 percent in 2017 after a post-crisis low last year as...
Sub-Saharan Africa’s Growth To Pick At 2.9% In 2017
Sub-Saharan African growth is expected to pick up modestly to 2.9 percent in 2017 as the region continues to adjust to...
Oil Slips $1 On Concerns U.S. Production Is Rising
Oil fell by $1 a barrel on Monday as signs of growing U. S. production outweighed optimism that many other producers,...