The world economy "remains on life support" from central banks and has deteriorated since last autumn, the latest Brookings Institution-Financial Times tracking index shows, despite some recent signs of stabilisation.
After a stellar first-quarter performance, investors are hoping the stock market can maintain its momentum into the holiday-shortened week ahead.
Investors are losing their enthusiasm for gold as signs of improvement in the US economy tempt them away from the traditional haven.
Employers are hiring, manufacturing is revving up and stocks are rallying. It looks like the recovery could finally be taking hold.
This is the statement of the minutes of the Federal Open Market Committee meeting released Dec. 13, 2011.
China is facing its worst wave of labour unrest since a series of wildcat strikes at Japanese-owned car plants last year, as declining export orders force factories to reduce worker pay.
After a spate of speed bumps this year, the U.S. economy is starting to pick up the pace -- but the 2.5% growth forecast for 2012 still seems sluggish to most Americans, a U.S. Chamber of Commerce economist said Tuesday.
This is the statement of the minutes of the Federal Open Market Committee meeting released November 2, 2011.
Fed chief Ben Bernanke told a panel of Congress on Tuesday that the central bank expects growth in the second half of the year to be "more rapid" than the first half of the year, but says the economy still faces headwinds.
Remember that crazy, bitter debt-ceiling debate this summer? The one that created a half-baked debt reduction plan and led to the country's first-ever credit-rating downgrade?
The road to economic recovery in Britain will be "longer and harder than had been hoped" and will require continued commitment to the government's deficit-reduction program, Chancellor of the Exchequer George Osborne told lawmakers Thursday,
The Federal Reserve painted a much gloomier picture of the economy Tuesday, and indicated it would keep cash cheap and easy for at least two more years.
This is the statement of the minutes of the Federal Open Market Committee meeting released August 9, 2011.
This is the statement of the minutes of the Federal Open Market Committee meeting released June 22, 2011. For analysis of the Fed's interest rate policy and this statement, please click here.
The streetlights are on. The parks are being watered and weeded. The buses are running on Saturdays.
The International Monetary Fund on Friday lowered its forecast for U.S. economic growth, and warned that risks to the global recovery have increased.
A dismal jobs report defied Wall Street's expectations Friday. But considering the beating consumers have taken recently, why was anyone surprised?
Manufacturing took a dive in China, the United States and across the eurozone in May, throwing the strength of the global economic recovery into doubt as production cooled.
In his first comments since taking the helm of the International Monetary Fund, acting director John Lipsky urged policy makers Thursday to work together to strengthen the global economy.
U.S. stocks were set to open lower Tuesday, as investors shift focus back to the economy, and await auto sales and factory orders.
This is the statement of the minutes of the Federal Open Market Committee meeting released April 27, 2011. For analysis of the Fed's interest rate policy and this statement, please click here.
updated: Mon Apr 25 2011 07:29:00
Experts Chrystia Freeland and David Frum look at a new report on globalization and the impact on the American middle class.
In the fall of 1984, I was a student living in Boston. A high-tax manufacturing state, Massachusetts had been hit hard by the economic troubles of the 1970s. But now suddenly there were signs in every shop window: "Help wanted." Or: "Help wanted!" Or even: "Help wanted!!!"
The March jobs report is proof positive that the economic recovery in the United States is picking up steam.
The number of Americans filing first-time claims for unemployment benefits declined last week, according to a government report, raising optimism that the job market recovery is gaining steam.
If you root for small schools like Butler and against heavyweights like Duke in the NCAA tournament, this story is for you.
This is the statement of the minutes of the Federal Open Market Committee meeting released March 15, 2011. For analysis of the Fed's interest rate policy and this statement, please click here.
The bull market is celebrating its second birthday. Banks and retail stocks have led the way but investors may want to think about changing their bets if they think the party is going to continue.
This is the statement of the minutes of the Federal Open Market Committee meeting released Jan. 26, 2011. For analysis of the Fed's interest rate policy and this statement, please click here
Stocks are hovering near their highest levels in about two and a half years. But can they climb higher from here?
The U.S. economic recovery is finally getting stronger, Federal Reserve Chairman Ben Bernanke said Friday.
For a long time, you had to engage in some difficult mental gymnastics to figure out what was going on with the dollar.
Economists are getting more bullish on U.S. economic growth. But the benefits of the stronger economy are going to take a while to reach job seekers and homeowners.
This is the statement of the minutes of the Federal Open Market Committee meeting released Dec. 14, 2010. For analysis of the Fed's interest rate policy and this statement, please see: Fed: Recovery still not strong enough
Treasuries tumbled Tuesday, sending yields to seven-month highs, after the Federal Reserve kept its bond-buying program intact and said the economy is still recovering.
An improving economy is behind an expected surge in Thanksgiving travel, according to a forecast released Tuesday.
This is the statement of the minutes of the Federal Open Market Committee meeting released Nov. 3, 2010. For analysis of the Fed's interest rate policy and this statement, please see: QE2: Fed pulls the trigger.
The European economy is expected to grow at a slow pace next year as the region continues to struggle with huge public deficits and the lingering effects of the financial crisis.
The Federal Reserve appears ready to take additional steps soon to try to jump start the economy, but there is sharp disagreement among policymakers on the best course of action.
Treasury yields dipped Thursday, ending slightly lower after a worse-than-expected reading on jobless claims fueled worries about the economic recovery.
The U.S. economic recovery continues to lose steam, the Federal Reserve said Tuesday, but the central bank unveiled only tougher language but no new policies to try to spur growth.
This is the statement of the minutes of the Federal Open Market Committee meeting released Sept.21, 2010.
The Great Recession ended in June 2009, according to the body charged with dating when economic downturns begin and end.
The outlook for a global economic recovery is still clouded by uncertainty, reflected by a mixed report from delivery giant FedEx Thursday.
The economy grew at a sluggish pace through the summer months, and there are now "widespread signs" that activity is slowing, the Federal Reserve said Wednesday in its latest snapshot of regional economic conditions.
Good economic news has been hard to come by lately, but not all is doom and gloom in America these days. The end of summer ushered in a few signs of progress in some of the unlikeliest corners of the economy. They are no guarantee that the good times are around the corner, but they do provide a helpful reminder that this slow recovery is exactly that: a recovery.
U.S. companies modestly added jobs in August, easing concerns that the nation might slip back into a recession. The latest jobs report released by the Labor Department today is better than expected. Employment in the private sector rose by 67,000 payrolls, after a revised 107,000 increase in July that was more than originally estimated. The report immediately sent stocks rallying, despite the fact that overall employment dropped and the unemployment rate climbed to 9.6% from 9.5%, as more people actively searched for jobs.
In Africa, we have made great strides towards poverty reduction and broader development in recent years and indeed, we are one of the first regions to show signs of recovery from the global downturn.
updated: Fri Aug 13 2010 13:49:00
CNN's Jim Boulden reports on fresh hopes for an economic recovery in Europe.
Consumers drive more than two-thirds of the nation's economy, and with growth hard to spot these days, it's easy to place the blame on stingy spenders. But that's a mistake.
Investors need to follow the immortal words of the 80's one-hit wonder Frankie Goes to Hollywood: Relax.
The U.S. economic recovery is weakening, the Federal Reserve warned at the conclusion of its meeting Tuesday, its most bearish outlook in more than a year.
This is the statement of the minutes of the Federal Open Market Committee meeting released Aug. 10, 2010. For analysis of the Fed's interest rate policy and this statement, please see: Fed: Recovery losing steam.
It's time to put to bed this silly notion that the still weak labor market is nothing to worry about because jobs are a lagging economic indicator.
Manufacturing activity expanded for the 12th consecutive month in July, but at a slower rate than the month before, according to a purchasing managers' index released Monday.
The U.S. economy continued to grow during the second quarter, the government reported Friday. But the pace slowed more than economists were expecting, raising concern about growth - or even another recession - in the months ahead.
The dollar continued to slide this week, hovering near monthly lows versus major currencies as worries about an economic slowdown weighed on investors.
Stocks rallied Monday after FedEx's improved forecast and a better-than-expected housing market report tempered worries about the economic outlook.
What do pancakes, tapeworms, old soda and the stock market have in common? They're all flat.
Shares of UPS surged Thursday after the world's largest delivery company reported sales and earnings that beat analysts' expectations and raised its outlook for the rest of the year.
The outlook for the job market has improved, according to a survey of leading economists released Monday, even as the economic recovery hit a speed bump in the second quarter.
President Barack Obama on Thursday touted the clean energy technology of a new plant that will make electric car batteries as an example of economic growth created by his administration's policies.
So far, so good when it comes to second quarter earnings reports.
The recovery in the U.S. economy has been stronger than expected, although growth is expected to slow over the next few years, according to the International Monetary Fund.
It's now safe to dig a hole and bury the V-shaped economic recovery. It's dead.
The economy grew at a slower pace in the first three months of this year than previously estimated, according to a government report Friday.
Federal Reserve policymakers believe the U.S. economy is still recovering, but they acknowledged the pace of growth has slowed over the past two months, due greatly to problems overseas.
Treasurys rallied Wednesday, sending the yield on the benchmark note to its lowest level in a year, as investors reacted to a record drop in new home sales and a big auction of U.S. debt, while taking an unsurprising statement from the Federal Reserve in stride.
This is the statement of the minutes of the Federal Open Market Committee meeting released June 23, 2010. For analysis of the Fed's interest rate policy and this statement, please see: Fed: U.S. recovery hurt by overseas woes. Information received since the Federal Open Market Committee met in April suggests that the economic recovery is proceeding and that the labor market is improving gradually.
Oil prices settled above $77 a barrel Friday after a day of choppy trading and continued concerns about oversupply of crude and slower global economic growth.
Bank economists are forecasting moderate economic growth for the remainder of this year and all of next year, bringing the unemployment rate down "painfully slowly" to 8.5% by the end of 2011.
Personal spending was flat in April, after six months of increases, while income rose, according to a government report released Friday.
Another day, another international crisis rattles the world's financial markets.
Sell in May and go away may seem like a silly Wall Street saying. But if you actually followed those words of wisdom, you'd be breathing a lot easier right now.
The stock market is doing its best Timex impersonation. It took a licking last week but it keeps on ticking.
Investors are acting like college students eager to take that quintessential backpacking adventure before joining the real world. They are obsessed with Europe.
Truckers, railroads and other transportation companies are seeing a pickup in demand for the first time in four years, a strong vote for the economic recovery. But for stock investors, timing an entry point into the sector is tricky.
This is the statement of the minutes of the Federal Open Market Committee meeting released on April 28, 2010. For analysis of the Fed's interest rate policy and this statement, please see Fed: Economy better, but rates stay low. Information received since the Federal Open Market Committee met in March suggests that economic activity has continued to strengthen and that the labor market is beginning to improve. Growth in household spending has picked up recently but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit.
Oil prices rose for the first time in more than a week Wednesday after a government report showing a decline in crude oil supplies fueled hopes that demand may finally be catching up to the economic recovery.
Oil prices fell amid choppy trading on Monday as investors digested new details about Greece's bailout package.
The dollar was lower on Monday, as strong economic data fueled investors' hopes that the economic recovery is a sure bet.
updated: Thu Apr 01 2010 10:38:00
Chinese Premier Wen Jiabao announced he is hoping for eight percent growth this year. CNN's John Vause reports.
The economy grew at a slower pace than previously estimated at the end of last year, according to a government report Friday, and most economists believe that even slower growth lays ahead.
The dollar climbed to a 10-month high versus the euro on Wednesday amid growing concern about struggling European nations.
Stocks rallied Tuesday, with the Dow, Nasdaq and S&P 500 ending at new 18-month highs following the release of a better-than-expected existing home sales report that suggests a slow economic rebound.
This is the statement of the minutes of the Federal Open Market Committee meeting released on Mar. 16, 2010. For analysis of the Fed's interest rate policy and this statement, please see Fed: Low rates will continue.
The dollar has gotten stronger this year. Is that because the U.S. economy appears to be improving -- or in spite of it?
The British are coming! So are the Germans. And the Japanese. And the Canadians. And the French.
The dollar turned lower against the euro, pound and yen Wednesday as investors digested Federal Reserve chairman Ben Bernanke's testimony on monetary policy.
Stocks tumbled Tuesday after a key measure of consumer confidence plunged, reflecting investors' growing pessimism about the strength of the economic recovery.
Wall Street broke a four-week losing streak last week, but investors are still worried about China, Greece and the impact of a global recovery that could be far more sluggish than had been thought.
Could Europe kill the chances of a global economic recovery? There are growing concerns about the health of several European nations, most particularly Greece. Standard & Poor's, Moody's Investors Service and Fitch Ratings all downgraded their credit ratings for Greece last month.
Economists are in broad agreement that the Great Recession is over. The American public strongly disagrees.
Federal Reserve Chairman Ben Bernanke, just days ahead of his confirmation hearing, is warning Congress that actions limiting the central bank's independence could prove detrimental to the causes of financial reform and economic recovery.
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