World Economic

The National Hurricane Center says Nate has weakened to tropical depression with 35 mph (55 kph) winds as it moves further inland over Mexico.
The forecasters […]

Nearly 900,000 homes and businesses lost power as Hurricane Irene slammed into the East Coast. A million or more could be in the dark by […]

Stocks rose Wednesday morning, putting the market on track for a third day of gains after a four-week slump. The price of gold slumped 5 […]

Bank of New York Mellon Corp. said Thursday that it will charge its customers a fee to hold cash deposits over $50 million.
On Thursday, the […]

British Prime Minister David Cameron says Parliament should delay its summer break so he can brief lawmakers on the phone hacking scandal.
Parliament is due to […]

German Chancellor Angela Merkel is warning that a full-scale restructuring of Greek debt would have “completely uncontrollable”consequences on the financial markets.
Merkel said Wednesday that imposing […]

World markets were sharply lower Monday amid signs of U.S. economic sluggishness and escalating worries about Europe’s debt crisis after Italy and Greece were slapped […]

Standard & Poor’s put a “negative” outlook on the long-term AAA credit rating of the U.S., citing a “material risk” the nation’s leaders will fail […]

U.S. retail sales probably climbed in March, indicating an improving labor market is helping Americans cope with rising gasoline prices, economists said before a report […]

China will adopt measures including on the reserve ratio, interest rates and the exchange rate to support the real economy, according to a statement on […]