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The Euro pean Commission has exercised historic new EU powers allowing it to revise national budgets for the first time. (Reuters) - Th...

Southern Europe is on a precipice Ambrose Evans-Pritchard  The Chicago purchasing managers index rose to 65.9% in October, the best pe...

(NYT) China has become shrill in its criticism of the fiscal train wreck in the United States, arguing that the answer to a potential gove...

Obama urged Republican/Tea to stop political brinkmanship on gov't funding and debt limit in order to avert self-inflicted wounds to e...

MoM U.S. consumer sentiment declined to 82.1 from July’s 85.1. Chicago PMI rose to 53.0 from 52.3 in July. Consumer spending barely ro...

Purchases of new U.S. homes fell 13.4 % in July, the most in more than three year. Consumer confidence in both the euro area and th...

The US economy added 162,000 jobs in July , slightly below expectations, but the unemployment rate fell to 7.4 %. U.S initial claims for ...

The Group of 20 nations pledged on Saturday to put growth before austerity, seeking to revive a global economy. The Group of Twenty (G20) ...

Markets have overreacted to the likelihood that the U.S. Federal Reserve will taper its quantitative easing policy , or QE, HSBC said in it...

(FT) Markets often put a different slant on central bankers’ words than was intended, thus when Mr. Bernanke said ‘tapering’ the markets he...

YoY U.S. House prices rose 10.9% in March, the biggest increase since the height of the housing boom in 2006, according to the S&P/Cas...

(Bloomberg) Americans’ confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and ...

U.S. nonfarm payrolls rose by 165,000 last month and the jobless rate fell to a four-year low of 7.5 %. American International Group (...

The Group of 20 (G20) major economies on Friday pledged further actions to shore up growth while watching for monetary easing effects. ...

The deaths of two men in Shanghai from a strain of bird flu have raised the specter of a new epidemic. The head of Cyprus' influent...

(The Verge) Cody Wilson, who heads 3D printed firearms group Defense Distributed, has apparently received a federal firearms license offici...

The information deprived austerity lemmings from the U.S. Rep./Tea keep marching on - looking for cliffs to go over. The Thomson-Reute...

The preliminary reading of the consumer sentiment, which records the figure for the first half of a month, edged up to 76.3 in February fro...